Common use of Disbursement/Check Print Authorizations Clause in Contracts

Disbursement/Check Print Authorizations. SBBT shall promptly communicate disbursement authorizations to JHI (i) immediately upon approval of a Money Now loan or RAL or (ii) upon receipt of and immediately after processing IRS or state refund pre-note files to the extent such practice does not violate any applicable bank regulations. State funding shall be released by SBBT no later than the effective date designated by the applicable state taxing authority. SBBT shall be responsible for all disbursement/check authorizations issued by it, including losses incurred as a result of its issuance of duplicate or multiple check print authorizations or checks issued by SBBT in error or with information inconsistent with the information in the disbursement request received from JHI.

Disbursement/Check Print Authorizations. SBBT shall promptly communicate disbursement authorizations to JHI (i) immediately upon approval of a Money Now loan Loan or RAL or (ii) for other Financial Products upon receipt of and immediately after processing IRS or state refund pre-note files to the extent such practice does not violate any applicable bank regulations. State , provided that federal and state funding shall be released by SBBT no later than the effective date designated by the IRS or applicable state taxing authority, respectively. SBBT shall be responsible for all disbursement/check authorizations issued by it, including losses incurred as a result of its issuance of duplicate or multiple check print authorizations or checks issued by SBBT in error or with information inconsistent with the information in the disbursement request received from JHI.

Disbursement/Check Print Authorizations. SBBT shall promptly communicate disbursement authorizations to JHI (i) immediately upon approval of a HELP Loan, Money Now loan Loan or RAL or (ii) for other Financial Products upon receipt of and immediately after processing IRS or state refund pre-note files to the extent such practice does not violate any applicable bank regulations. State , provided that federal and state funding shall be released by SBBT no later than the effective date designated by the IRS or applicable state taxing authority, respectively. SBBT shall be responsible for all disbursement/check authorizations issued by it, including losses incurred as a result of its issuance of duplicate or multiple check print authorizations or checks issued by SBBT in error or with information inconsistent with the information in the disbursement request received from JHI.