Common use of Rejection of Entries Clause in Contracts

Rejection of Entries. ‌ Bank may reject any Entry (or group of Entries) which does not comply with, and/or is not delivered in accordance with, the requirements of this Agreement, or which contains an Effective Entry Date more than five (5) Business Days after the Business Day such Entry(s) is received by Bank. Bank shall also have the right to reject any Entry (including On-Us Entries) for any reason for which an Entry may be returned under the NACHA Rules. Bank shall have the right to reject any Entry if Client has failed to comply with any of its Account balance obligations under this ACH Services Article, the General Provisions of this Agreement, or the Bank Agreements. Bank will notify Client of any such rejection by any method of notification authorized under the Agreement, no later than the Business Day such Entry would otherwise have been transmitted by Bank to the ACH Operator, as provided in Section 7 of this ACH Services Article. Bank shall have no liability to Client by reason of the rejection of any such Entry or the fact that such notice is not given at an earlier time than that provided for herein.

Rejection of Entries. ‌ Bank may reject any Entry (or group of Entries) which does not comply with, and/or is not delivered in accordance with, the requirements of this Agreement, or which contains an Effective Entry Date more than five (5) Business Days after the Business Day such Entry(s) is received by Bank. Bank shall also have the right to reject any Entry (including On-Us Entries) for any reason for which an Entry may be returned under the NACHA Rules. Bank shall have the right to reject any Entry if Client has failed to comply with any of its Account balance obligations under this ACH Services Article, the General Provisions of this Agreement, or the Bank Agreements. Bank will notify Client of any such rejection by any method of notification authorized under the Agreement, no later than the Business Day such Entry would otherwise have been transmitted by Bank to the ACH Operator, as provided in Section 7 of this ACH Services Article. Bank shall have no liability to Client by reason of the rejection of any such Entry or the fact that such notice is not given at an earlier time than that provided for herein.

Rejection of Entries. ‌ Bank may reject any Entry (or group of Entries) which does not comply with, and/or is not delivered in accordance with, the requirements of this Agreement, or which contains an Effective Entry Date more than five thirty (530) Business Days after the Business Day such Entry(s) is received by Bank. Bank shall also have the right to reject any Entry (including On-Us Entries) for any reason for which an Entry may be returned under the NACHA Rules. Bank shall have the right to reject any Entry if Client Customer has failed to comply with any of its Account account balance obligations under this these ACH Services Article, the General Provisions of this Agreement, or the Bank AgreementsService provisions. Bank will notify Client Customer of any such rejection by any method of notification authorized under the Agreement, no later than the Business Day such Entry would otherwise have been transmitted by Bank to the ACH Operator, as provided in Section 7 8 of this these ACH Services ArticleService provisions. Bank shall have no liability to Client Customer by reason of the rejection of any such Entry or the fact that such notice is not given at an earlier time than that provided for herein. International ACH ( IAT ) Debit or Credit Entries are not permitted under this Agreement.