Common use of Debit Entries on the Effective Settlement Date Clause in Contracts

Debit Entries on the Effective Settlement Date. We may place all or a portion of the funds represented by the Debit Entries on hold for a pre-determined number of Business Days following the Effective Settlement Date. The pre-determined number of hold days and portion(s) of hold(s) may be adjusted periodically based on your originations and returns.

Appears in 4 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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