Common use of Delayed Processing Clause in Contracts

Delayed Processing. In addition to any allowances provided to Bank in any other agreement Bank has with Company, Company agrees that Bank may delay posting of an inbound credit to Account(s), or delay the processing of an outbound transaction, when the delay is due to a suspicion that the transaction may be in violation of applicable law, or the transaction is otherwise under review by Bank.

Appears in 2 contracts

Samples: Treasury Management Services Agreement, Treasury Management Services Agreement

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Delayed Processing. In addition to any allowances provided to Bank in any other agreement Bank has with CompanyClient, Company Client agrees that Bank may delay posting of an inbound credit to Account(s)Client’s account(s) held at Bank, or delay the processing of an outbound transactiontransaction from Client’s account(s) held at Bank, when the delay is due to a suspicion that the transaction may be in violation of applicable lawLaw, Rule or Act, or the transaction is otherwise under review by Bank.

Appears in 2 contracts

Samples: Master Treasury Management Services Agreement, Master Cash Management Agreement

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