Common use of Direct Deposit Arrangements Clause in Contracts

Direct Deposit Arrangements. Seller shall use commercially reasonable efforts to assist customers of the Branches in transferring to Buyer all of those automated clearing house and Fed wire direct deposit arrangements that are tied by agreement or other standing arrangement to the Deposits. For one hundred twenty (120) days after the Closing Date, Seller shall, no later than the next Business Day after receipt thereof, remit and transfer by electronic transmission to Buyer all direct deposits intended for the Deposits. Thereafter, Seller may discontinue accepting and forwarding automated-clearing-house and Fed-wire entries and funds and return such direct deposits to the originators marked “Account Closed.”

Direct Deposit Arrangements. Seller shall will use commercially reasonable efforts to assist customers of the Branches in transferring transfer to Buyer on the Closing Date all of those automated clearing house and Fed wire direct deposit arrangements that are tied by agreement or other standing arrangement to the Deposits. For one hundred twenty a period of 120 days, (120) days after the Closing "Direct Deposit Cut-off Date"), Seller shallwill, no later than the next Business Day after business day following the date of receipt thereof, remit and transfer by electronic transmission to Buyer all direct deposits intended for the Deposits. ThereafterAfter the Direct Deposit Cut-off Date, Seller may discontinue accepting and forwarding automated-clearing-house and Fed-wire entries and funds and return such direct deposits to the originators marked “"Account Closed.”"

Direct Deposit Arrangements. Seller shall will use commercially reasonable efforts to assist customers of the Branches in transferring transfer to Buyer on the Closing Date all of those automated clearing house and Fed wire direct deposit arrangements that are tied by agreement or other standing arrangement to the Deposits. For one hundred twenty a period of 120 days, (120) days after the Closing “Direct Deposit Cut-off Date”), Seller shallwill, no later than the next Business Day after business day following the date of receipt thereof, remit and transfer by electronic transmission to Buyer all direct deposits intended for the Deposits. ThereafterAfter the Direct Deposit Cut-off Date, Seller may discontinue accepting and forwarding automated-clearing-house and Fed-wire entries and funds and return such direct deposits to the originators marked “Account Closed.”

Direct Deposit Arrangements. The Seller shall will use commercially reasonable efforts to assist customers of transfer to the Branches in transferring to Buyer on the Closing Date all of those automated clearing house and Fed wire direct deposit arrangements that are tied by agreement or other standing arrangement to the Deposits. For one hundred twenty a period of 120 days (120) days after the Closing “Direct Deposit Cut-off Date”), the Seller shallwill, no later than the next Business Day after business day following the date of receipt thereof, remit and transfer by electronic transmission to the Buyer all direct deposits intended for the Deposits. ThereafterAfter the Direct Deposit Cut-off Date, the Seller may discontinue accepting and forwarding automated-clearing-house and Fed-wire entries and funds and return such direct deposits to the originators marked “Account Closed.”

Direct Deposit Arrangements. Seller shall will use commercially reasonable efforts to assist customers of the Branches in transferring transfer to Buyer on the Closing Date all of those automated clearing house and Fed wire direct deposit arrangements that are tied by agreement or other standing arrangement to the Deposits. For one hundred twenty a period of 120 days, (120) days after the Closing "Direct Deposit Cut-off Date"), Seller shallwill, no later than the next Business Day after business day following the date of receipt thereof, remit and transfer by electronic transmission to Buyer all direct deposits intended for the Deposits. ThereafterAfter the Direct Deposit Cut-off Date, Seller may discontinue accepting and forwarding automated-clearing-clearing- house and Fed-wire entries and funds and return such direct deposits to the originators marked “"Account Closed".”

Direct Deposit Arrangements. Seller shall will use commercially reasonable efforts to assist customers of the Branches in transferring transfer to Buyer on the Closing Date all of those automated clearing house and Fed wire direct deposit arrangements that are tied by agreement or other standing arrangement to the Deposits. For one hundred twenty a period of 90 days, (120) days after the Closing “Direct Deposit Cut-off Date”), Seller shallwill, no later than the next Business Day after business day following the date of receipt thereof, remit and transfer by electronic transmission to Buyer all direct deposits intended for the Deposits. ThereafterAfter the Direct Deposit Cut-off Date, Seller may discontinue accepting and forwarding automated-clearing-house and Fed-wire entries and funds and return such direct deposits to the originators marked “Account Closed.”