Settlement of Entries Clause Samples

The Settlement of Entries clause defines the process by which financial transactions or records between parties are finalized and reconciled. Typically, this clause outlines the timeframe and procedures for confirming, correcting, or disputing entries in account statements or ledgers, such as requiring parties to notify each other of discrepancies within a set period. Its core practical function is to ensure accuracy and mutual agreement in financial records, thereby reducing the risk of unresolved errors or disputes over account balances.
Settlement of Entries. All Files (Batches) submitted for processing shall not include the offset entry as the Bank shall settle all entries to the Customer’s Account according to the terms communicated between Customer and Bank. Bank shall not be obligated to process, transmit or settle Entries unless all of the following requirements and conditions have first been satisfied or waived by Bank, in its sole and absolute discretion:
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Settlement of Entries. All entries shall be settled on the indicated settlement date in accordance with the Rules and as follows:
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Settlement of Entries. All entries shall be settled for as provided herein. The Bank, by SEI’s execution of this Agreement, is authorized to deduct from the Client’s Authorized Account the total amount of all outgoing wire transfer entries transmitted by SEI through the Wire Transfer feature on the business day that the wire transfer takes place. The Bank shall re-credit the Client’s Authorized Account with the total amount of all outgoing wire transfers which have been returned to the Bank from the designated wire transfer receiver’s (the “Receiver”) financial institution.
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Settlement of Entries. Subject to the requirements of Section 19 -- Settlement Account; Pre- Funding, the following shall apply:
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Settlement of Entries. Subject to the requirements of Section 15 -- Settlement Account; Pre-Funding, the following shall apply:
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Related to Settlement of Entries

  • Rejection of Entries Bank shall have the right to reject any Entry which does not comply with the requirements of Section 5 of this Article III and the requirements of Article VII ("Security Procedures"), or which contains an Effective Entry Date more than two (2) days after the Business Day such Entry is received by Bank. Bank shall have the right to reject an On-Us Entry for any reason for which an Entry may be returned under the Rules. Bank shall have the right to reject any Entry if Company has failed to comply with its account balance obligations as set forth in Section 11 below. Bank shall notify Company by phone or electronic transmission of such rejection no later than the Business Day such Entry would otherwise have been transmitted by Bank to the ACH Operator or, in the case of an On-Us Entry, its Effective Entry Date. Bank shall have no liability to Company 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.

  • Effect of Entries The entries made in the records maintained pursuant to paragraph (c) or (d) of this Section shall be prima facie evidence, absent obvious error, of the existence and amounts of the obligations recorded therein; provided that the failure of any Lender or the Administrative Agent to maintain such records or any error therein shall not in any manner affect the obligation of the Borrower to repay the Loans in accordance with the terms of this Agreement.

  • Settlement of Grievances The applicable procedures of this Agreement shall be followed for the settlement of all grievances. All grievances shall be considered carefully and processed promptly.

  • Rights of entry The landlord shall enter the premises only: › with the tenant’s consent at the time of entry › in an emergency › for necessary maintenance or repairs, compliance or preparation for compliance with any requirements regarding smoke alarms or insulation, from 8 am to 7 pm, after 24 hours’ notice › for an inspection of the property or work done by the tenant, from 8 am to 7 pm after 48 hours’ notice › with the tenant’s prior consent, to show the premises to prospective tenants, purchasers, registered valuer or real estate agent doing an appraisal, or other expert engaged in appraising the premises. › Consent may not be unreasonably withheld but reasonable conditions may be imposed.

  • DISPUTES SETTLEMENT PROCEDURE 9.1 A major objective of this Agreement is to eliminate lost time and/or production arising out of disputes or grievances. Disputes over any work related or industrial matter (including a dispute about whether a workplace right has been breached) or any matters arising out of the operation of the Agreement or incidental to the operation of the Agreement should be dealt with as close to its source as possible. Disputes over matters arising from this Agreement (or any other dispute related to the employment relationship or the NES, including subsections 65(5) or 76(4) of the Fair Work Act) shall be dealt with according to the following procedure. 9.2 The pre-dispute status quo shall prevail while the matter is being dealt with in accordance with this procedure. 9.3 All Employees have the right to appoint a representative in relation to a dispute. It is the express priority of all Parties to attempt to settle a dispute at the workplace level at first instance. 9.4 In the event of any work-related grievance arising between the Employer and an Employee or Employees, the matter shall be dealt with in the following manner: (a) The matter shall be first submitted by the Employee/s or his/her job delegate/ employee representative or other representative, to the site foreperson/supervisor or the other appropriate site representative of the Employer and if not settled, to a more senior representative of the Employer. (b) Alternatively, the Employer may submit an issue to the Employee/s who may seek the assistance and involvement of the job delegate/employee representative or other representative. (c) If still not resolved, there may be discussions between the relevant Union official (if requested by the employee/s), or another representative of the employee, and senior representative of the Employer. (d) Should the matter remain unresolved, either of the parties or their representative shall refer the dispute at first instance to FWC for review. FWC may exercise conciliation and/or arbitration powers in such review. 9.5 This procedure shall be followed in good faith without unreasonable delay. 9.6 If any party fails or refuses to follow any step of this procedure the non-breaching party will not be obligated to continue through the remaining steps of the procedure and may immediately seek relief by application to FWC. 9.7 Any resolution of a dispute under this clause by the FWC will not be inconsistent with legislative obligations or any other applicable Codes or Regulations.