Availability of Mobile Check Deposits Sample Clauses

Availability of Mobile Check Deposits. Generally, mobile check deposits will be available no later than the fifth business day after the day of deposit. A portion of the deposit may be made available earlier. The first $5,000 of mobile checks drawn from a SoFi Bank account will be made available on the next business day after the day of deposit, with the remainder being made available on the 2nd business day after the day of deposit. Please note that checks deposited using our Mobile Deposit feature are not subject to the funds availability requirements of Regulation CC. This will be true even if we provide you with Regulation CC disclosures or notices. We reserve the right to place an extended hold on your deposited funds. The estimated timeline for funds availability for a mobile check deposit can be found in the SoFi Mobile App at the time of your deposit. In certain cases, we may need additional time to process your mobile check, which could delay funds availability.
Sample 1
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Availability of Mobile Check Deposits. Generally, mobile check deposits will be available no later than the fifth business day after the day of deposit. A portion of the deposit may be made available earlier. Please note that checks deposited using our Mobile Deposit feature are not subject to the funds availability requirements of Regulation CC. This will be true even if we provide you with Regulation CC disclosures or notices. We reserve the right to place an extended hold on your deposited funds. The estimated timeline for funds availability for a mobile check deposit can be found in the SoFi Mobile App at the time of your deposit. In certain cases, we may need additional time to process your mobile check, which could delay funds availability.
Sample 1

Related to Availability of Mobile Check Deposits

  • Availability of Records Consultant shall maintain the records supporting this billing for not less than three years following completion of the work under this Agreement. Consultant shall make these records available to authorized personnel of the Town at the Consultant's offices during business hours upon written request of the Town.

  • Availability of Funds Unless Administrative Agent shall have been notified by any Lender prior to the applicable Credit Date that such Lender does not intend to make available to Administrative Agent the amount of such Lender’s Loan requested on such Credit Date, Administrative Agent may assume that such Lender has made such amount available to Administrative Agent on such Credit Date and Administrative Agent may, in its sole discretion, but shall not be obligated to, make available to Borrower a corresponding amount on such Credit Date. If such corresponding amount is not in fact made available to Administrative Agent by such Lender, Administrative Agent shall be entitled to recover such corresponding amount on demand from such Lender together with interest thereon, for each day from such Credit Date until the date such amount is paid to Administrative Agent, at the customary rate set by Administrative Agent for the correction of errors among banks for three Business Days and thereafter at the Base Rate. If such Lender does not pay such corresponding amount forthwith upon Administrative Agent’s demand therefor, Administrative Agent shall promptly notify Borrower and Borrower shall immediately pay such corresponding amount to Administrative Agent together with interest thereon, for each day from such Credit Date until the date such amount is paid to Administrative Agent, at the rate payable hereunder for Base Rate Loans for such Class of Loans. Nothing in this Section 2.5(b) shall be deemed to relieve any Lender from its obligation to fulfill its Term Loan Commitments and Revolving Commitments hereunder or to prejudice any rights that Borrower may have against any Lender as a result of any default by such Lender hereunder.

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