Common use of Returned Entries Clause in Contracts

Returned Entries. Except for an entry or file retransmitted by Company in accordance with the requirements of this Service Description, Bank will have no obligation to retransmit a returned entry or file to the ACH or gateway operator if Bank complied with the terms of this Service Description with respect to the original entry or file.

Appears in 2 contracts

Sources: Loan Account Program Agreement (Prosper Marketplace Inc), Master Agreement for Treasury Management Services (3pea Technologies Inc.)