DEADLINES AND DISRUPTIONS Sample Clauses

DEADLINES AND DISRUPTIONS. Bank will process deposits that are received by Bank prior to the cut-off time established by Bank for accepting items deposited through the RDC Service and provide ledger credit to Customer’s RDC Account for the amount of such deposits. Deposits received on a day that is not a Business Day or after the cut-off time for RDC deposits will be considered received on the next Business Day. Availability of funds deposited through the RDC Service will be determined by Bank’s current funds availability schedule. Bank reserves the absolute right to change the cut-off time for RDC deposits with prior notice to customer. Customer understands and acknowledges that all deposits are subject to final collection or subsequent return. Credit for checks deposited is provisional and subject to revocation if the check is not paid for any reason. Internet services are not guaranteed up-time services and can be subject to service disruption of unspecified duration and severity. Such disruptions are beyond the control of Bank. Bank assumes no responsibility for any losses suffered by Customer for the disruption of internet services, equipment or electronic failures, or any other condition beyond the control of Bank. Customer is solely responsible for adopting contingency plans in the event the RDC Service is unavailable to Customer due to service disruptions. Customer shall notify Bank of any interruptions in, or delay or unavailability of the RDC Services as promptly as practicable, and in any event within one Business Day after discovery thereof.
Sample 1
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