Electronic Deposit Sample Clauses
The Electronic Deposit clause establishes the terms under which payments or deposits are made electronically, rather than by cash or check. It typically specifies the acceptable electronic payment methods, such as wire transfers or ACH, and may outline the timing and confirmation requirements for such deposits. This clause ensures that both parties understand and agree to the use of electronic funds transfer, streamlining the payment process and reducing the risks and delays associated with manual payment methods.
POPULAR SAMPLE Copied 1 times
Electronic Deposit. In the event Depositor elects to utilize electronic means to transfer the Deposit Materials to Escrow Associates, whether through a service provided by Escrow Associates or other means, Escrow Associates shall not be liable for transmissions that fail in part or in whole, are lost, or are otherwise compromised during transmission. Furthermore, Escrow Associates shall not be liable for any subsequent services that may or may not be delivered as a result of a failed transfer. Escrow Associates shall not be liable to Depositor or Beneficiary for any encrypted update, or any part thereof, that is transmitted over the Internet to Escrow Associates’ FTP Site but is not received in whole or in part, or for which no notification of receipt is given.
Electronic Deposit. Home care workers shall have the right to authorize electronic deposit of any payment issued to them for services or other reimbursement.
Electronic Deposit. Once the Intermediary has the Common Shares deposited with its Depository as free trading shares, the Breakout/Workout Period(s) attached to those shares will commence.
Electronic Deposit. Employees shall have the option to have their paychecks deposited directly to their designated bank account. Employees who sign an initial contract of employment after July 1, 2009, will be required to receive their paychecks by electronic deposit.
Electronic Deposit. Employees will use electronic deposit of payroll checks.
Electronic Deposit. Attach a voided check or instructions from your financial institution. (A deposit ticket does not contain the required ACH information) Checking Savings Name of Financial Institution ABA Routing Number Account Number The Company is authorized to deposit distributions to the checking, savings or brokerage account indicated above. This authority will remain in force until the Company is notified otherwise in writing. If the Company erroneously deposits funds into the account, the Company is authorized to debit the account for an amount not to exceed the amount of the erroneous deposit.
Electronic Deposit. 32.01 Beginning on the first pay after April 1, 2014, employees shall be paid by electronic transfer and will be sent a pay stub my email.
32.02 In addition to the payroll deductions detailed in this Agreement, at the request of an employee, the Board will provide payroll deduction for the Forest Hills Foundation for Education.
Electronic Deposit. Effective with the first payroll of the 2014-2015 contract year, all members shall have their pay electronically deposited into a financial institution for which direct deposit is available. Direct deposit verification forms will be distributed to unit members on the day prior to paydays.
Electronic Deposit. Employees are required to receive their paychecks by electronic deposit.
Electronic Deposit. All employees will be required to utilize electronic deposit.