CONTROLLED DISBURSEMENT SERVICES Sample Clauses

CONTROLLED DISBURSEMENT SERVICES. Through the Bank’s Controlled Disbursement Services, on each business day, the Bank shall electronically provide the Company with a report of the total dollar amount of checks which are presented daily for payment against the Company’s Accounts (“Clearings Report”). Subject to the limitations set forth herein, the Bank agrees to provide the Clearings Report to Company no later than 12:00 p.m. ET on each business day. Company acknowledges, however, that the clearings reported on the Clearings Report may not be the entire amount actually presented on such day due to late presentments by the Federal Reserve Bank, or any third parties. The Bank makes no representation or warranty and has no liability for the accuracy or completeness of such information. The Company acknowledges that the Bank may, due to circumstances beyond its control, be unable to provide a Clearings Report early enough for the Company to make a complete and acceptable funding of the Accounts. In such event, the Company agrees to fund the applicable Account(s) by using an estimate of the total clearings. PLEASE NOTE THAT CONTROLLED DISBURSEMENT SERVICES ARE ONLY AVAILABLE TO COMPANIES ENROLLED IN BANKUNITED’S ONLINE TREASURY MANAGEMENT SERVICES. F. INTERNAL TRANSFER SERVICES Through the Internal Transfer Services, the Company may initiate internal transfers of funds to or from its Accounts at the Bank. The Company authorizes the Bank to charge its designated Accounts for all transfers that the Company initiates through the Internal Transfer Services. A transfer request submitted and accepted by the Bank by 9:00 p.m. ET, or such other cut-off time that may be established by Bank from time to time, on a business day that we are open will be processed that same business day. A transfer request received on a non-business day or after 9:00 p.m. ET on a business day will be treated as being received on the next business day the Bank is open for business. The Bank shall not be obligated to make any transfer the Company may request unless there are sufficient Available Funds or available credit in the Company’s Account to cover the transfer. If a transfer is rejected due to insufficient Available Funds or available credit in the Company’s Account, an exception notice will be presented to the Company through the OTM Services. If the Company desires to retry the transfer, the Company must submit a new request. The Bank shall not, and shall not be obligated to, automatically retry any rejected transfer...
AutoNDA by SimpleDocs
CONTROLLED DISBURSEMENT SERVICES. To request controlled disbursement services you must enter into a Controlled Disbursement Services Agreement with us, as well as this eTreasury+ agreement and such other documents as we may require. Requests for controlled disbursement services should be directed to Treasury Management Services Department at 0-000-000-0000. eTreasury+ ACCOUNT DOCUMENTATION Documentation Relating to eTreasury+ We will deliver all documents, correspondence and Digital Password Devices (if applicable) relating to your account to your authorized User(s) at your business address. Company ID’s, User ID’s and Passwords will be delivered either through an encrypted e-mail message to an authorized User on the account(s) or via U.S. mail. Digital Password Devices (if applicable) will be delivered through People’s United Bank delivery service. All other notices, documents and correspondence related to eTreasury+ (collectively the "Documentation"), including without limitation, any changes or supplements to this Agreement shall be delivered to your business address or via online alerts or posting and/or encrypted e-mail messages. We may, in some cases, deliver certain documentation and correspondence electronically through e-mail. If the accounts of more than one business entity are available through eTreasury+, the delivery of the Documentation to any one entity shall be deemed to be delivery of the Documentation to all entities. You agree that encrypted or secure email delivery methods provide sufficient security for document and/or information delivery and no Security Administrator shall be required pursuant to this Agreement. Periodic Statements / Electronic Statements Your periodic statements for your account(s) (sent or otherwise made available to you with the regularity provided for in your Deposit/Loan/Overnight Investment Agreements) will include any internal transfers, xxxx payments, wire transfers, ACH Transactions and any other transactions you authorize using eTreasury+, as well as your other account activity. If your Primary User or a user with Administrative entitlements opts to receive electronic delivery of statements through eTreasury+, you hereby agree that paper statements for those selected accounts will no longer be produced and mailed to you and electronic delivery of said statements through eTreasury+ will be the only method of receiving or retrieving these statements from People’s United Bank. You further agree that your duty to promptly review all statements ...
CONTROLLED DISBURSEMENT SERVICES. ‌ Definitions. In addition to the defined terms in Part I above, the following terms will have the following meanings as used in this Subpart.

Related to CONTROLLED DISBURSEMENT SERVICES

  • Payment Services 2.1 If the Payment Services is registered by the Application and the relevant Consents are submitted by the Customer, the Bank shall provide to the Customer the services (the “Payment Services”) of money transfer (“Money Transfer”) between the Accounts and other accounts as registered by the Customer.

  • Investment Services The Sub-Adviser will formulate and implement a continuous investment program for the Fund conforming to the investment objective, investment policies and restrictions of the Fund as set forth in the Prospectus and Statement of Additional Information of the Company as in effect from time to time (together, the "Registration Statement"), the Articles of Incorporation and By-laws of the Company, and any investment guidelines or other instructions received by the Sub-Adviser in writing from the Investment Manager from time to time. Any amendments to the foregoing documents will not be deemed effective with respect to the Sub-Adviser until the Sub-Adviser's receipt thereof. The appropriate officers and employees of the Sub-Adviser will be available to consult with the Investment Manager, the Company and the Directors at reasonable times and upon reasonable notice concerning the business of the Company, including valuations of securities which are not registered for public sale, not traded on any securities market or otherwise may be deemed illiquid for purposes of the ICA; provided it is understood that the Sub-Adviser is not responsible for daily pricing of the Fund's assets. Subject to the supervision and control of the Investment Manager, which in turn is subject to the supervision and control of the Directors, the Sub-Adviser in its discretion will determine which issuers and securities will be purchased, held, sold or exchanged by the Fund or otherwise represented in the Fund's investment portfolio from time to time and, subject to the provisions of paragraph 3 of this Agreement, will place orders with and give instructions to brokers, dealers and others for all such transactions and cause such transactions to be executed. Custody of the Fund will be maintained by a custodian bank (the "Custodian") and the Investment Manager will authorize the Custodian to honor orders and instructions by employees of the Sub-Adviser designated by the Sub-Adviser to settle transactions in respect of the Fund. No assets may be withdrawn from the Fund other than for settlement of transactions on behalf of the Fund except upon the written authorization of appropriate officers of the Company who shall have been certified as such by proper authorities of the Company prior to the withdrawal. The Sub-Adviser will not be responsible for the provision of administrative, bookkeeping or accounting services to the Fund except as specifically provided herein, as required by the ICA or the Advisers Act or as may be necessary for the Sub-Adviser to supply to the Investment Manager, the Fund or the Fund's shareholders the information required to be provided by the Sub-Adviser hereunder. Any records maintained hereunder shall be the property of the Fund and surrendered promptly upon request. In furnishing the services under this Agreement, the Sub-Adviser will comply with and use its best efforts to enable the Fund to conform to the requirements of: (i) the ICA and the regulations promulgated thereunder; (ii) Subchapter M of the Internal Revenue Code and the regulations promulgated thereunder; (iii) other applicable provisions of state or federal law; (iv) the Articles of Incorporation and By-laws of the Company; (v) policies and determinations of the Company and the Investment Manager provided to the Sub-Adviser in writing; (vi) the fundamental and non-fundamental investment policies and restrictions applicable to the Fund, as set out in the Registration Statement of the Company in effect, or as such investment policies and restrictions from time to time may be amended by the Fund's shareholders or the Directors and communicated to the Sub-Adviser in writing; (vii) the Registration Statement; and (viii) investment guidelines or other instructions received in writing from the Investment Manager. Notwithstanding the foregoing, the Sub-Adviser shall have no responsibility to monitor compliance with limitations or restrictions for which information from the Investment Manager or its authorized agents is required to enable the Sub-Adviser to monitor compliance with such limitations or restrictions unless such information is provided to the Sub-adviser in writing. The Sub-Adviser shall supervise and monitor the activities of its representatives, personnel and agents in connection with the investment program of the Fund. Nothing in this Agreement shall be implied to prevent the Investment Manager from engaging other sub-advisers to provide investment advice and other services to the Fund or to series or portfolios of the Company for which the Sub-Adviser does not provide such services, or to prevent the Investment Manager from providing such services itself in relation to the Fund or such other series or portfolios. The Sub-Adviser shall be responsible for the preparation and filing of Schedule 13-G and Form 13-F on behalf of the Fund. The Sub-Adviser shall not be responsible for the preparation or filing of any other reports required of the Fund by any governmental or regulatory agency, except as expressly agreed in writing.

  • Outplacement Services The Executive shall receive reasonable outplacement services, on an in-kind basis, suitable to his position and directly related to the Executive’s Involuntary Termination, for a period of eighteen (18) months following the date of the Involuntary Termination, in an aggregate amount of cost to the Company not to exceed $50,000. Notwithstanding the foregoing, the Executive shall cease to receive outplacement services on the date the Executive accepts employment with a subsequent employer. Such outplacement services shall be provided in a manner that complies with Treasury Regulation Section 1.409A-1(b)(9)(v)(A).

  • Credit to Other Postsecondary Institutions Complete Articulation Agreement-Student will have to take at least one course at SSC to transfer articulated credit. (College Credit Plus courses apply) Agreements will be reviewed annually For questions, please feel free to contact, Xxxxxx XxXxxxx at 000-000-0000 X0000 or email – Xxxxxxxx@xxxxxxxxxx.xxx Xxxxx State College Articulation Agreement Information Technology Programming and Software Development Part B • Xxxxxxxxx High School – Web Programming & Design Student: Please complete the upper portion of this application and forward it to your high school program teacher to complete the lower portion. Credit for advanced standing courses will be given at the end of the college semester. Please be sure Xxxxx State College (SSC) has a copy of your final High School Transcript. The student must enroll in at least one course at SSC within one year of high school graduation to be eligible to receive articulated credit(s). The student must successfully complete the SSC course to receive articulated credit(s).

  • Project Management Services Contractor shall provide business analysis and project management services necessary to ensure technical projects successfully meet the objectives for which they were undertaken. Following are characteristics of this Service:

  • Xxxx Payment Service You can arrange, at your option, for the payment of your current, future and recurring bills from your designated Xxxx Pay Account. For Xxxx Payment Service, your Payee list may include utility companies, merchants, financial institutions, insurance companies, individuals, etc. within the United States whom you wish to pay through Xxxx Payment Service. You must include the full name of the Payee and a complete mailing address and telephone number for each Payee, along with your account number with the Payee, the amount of the Payment, and whether the Payment is recurring. The Financial Institution reserves the right to decline to make Payments to certain persons and entities. You agree that any Payment for taxes, Payments that are court-ordered, government payments and Payments outside of the United States are prohibited and you agree that you will not attempt to use the Service to make these types of Payments. On recurring Payments, it is the responsibility of you or your designated authorized users to update Payee account information as necessary to ensure receipt of payment. Payments are posted against your ledger balance, plus the available credit on your overdraft protection, if any, or other line of credit.

  • Fire Department Service Charge We will pay up to $500 for your liability assumed by contract or agreement for fire department charges incurred when the fire department is called to save or protect covered property from a Peril Insured Against. We do not cover fire department service charges if the property is located within the limits of the city, municipality or protection district furnishing the fire department response. This coverage is additional insurance. No deductible applies to this coverage.

  • TERMINATION OF EFT SERVICES You may terminate this Agreement or any EFT service under this Agreement at any time by notifying us in writing and stopping your use of your card and any access code. You must return all cards to the Credit Union. You also agree to notify any participating merchants that authority to make xxxx payment transfers has been revoked. We may also terminate this Agreement at any time by notifying you orally or in writing. If we terminate this Agreement, we may notify any participating merchants making preauthorized debits or credits to any of your accounts that this Agreement has been terminated and that we will not accept any further preauthorized transaction instructions. We may also program our computer not to accept your card or access code for any EFT service. Whether you or the Credit Union terminates this Agreement, the termination shall not affect your obligations under this Agreement for any electronic transactions made prior to termination.

  • Student Services 1. Students taking college classes for dual credit may utilize the same services that are available to other MCC students. MCC is responsible for ensuring timely and efficient access to such services as academic advising, learning materials (e.g., library resources), and other services for which the student may be eligible. [TAC 19, Part 1, Chapter 4, Subchapter D, §4.85 (g)(2)]

  • Development Services During the term of this Agreement, the Provider agrees to provide to or on behalf of the Port the professional services and related items described in Exhibit A (collectively, the “Development Services”) in accordance with the terms and conditions of this Agreement. The Provider specifically agrees to include at least one Port representative in any economic development negotiations or discussions in which the Provider is involved concerning (i) a port-related business prospect or (ii) a business transaction which will ultimately require Port involvement, financial or otherwise.

Time is Money Join Law Insider Premium to draft better contracts faster.