Common use of Electronic Processing and Transactions Clause in Contracts

Electronic Processing and Transactions. Due to the processing systems for electronic transactions used in the United States and by us, a payment or other transaction may be effective or posted before we are open for business on the date scheduled for the payment or other transaction. Therefore, you are responsible for ensuring that your account(s) have sufficient balances as applicable for the scheduled payment/transaction one business day prior to the date scheduled. If a payment is due on a Saturday, Sunday, or Federal holiday, the payment will occur on the first business day after the due date. In these cases, you should plan to have the payment initiated on the last business day before any of these days in order to ensure your payment is made on time. You may not make payments and/ or transactions to a federal, state or local governmental or tax unit, or pay child-support or alimony, or to make payments to other categories of payees that we establish from time to time using our electronic services.

Appears in 3 contracts

Samples: Membership Agreement, Membership Agreement, Membership Agreement

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Electronic Processing and Transactions. Due to the processing systems for electronic transactions used in the United States and by us, a payment or other transaction may be effective or / posted before we are open for business on the date scheduled for the payment or other transaction. Therefore, you are responsible for ensuring insuring that your account(s) have sufficient balances as applicable for the scheduled payment/payment / transaction one business day prior to the date scheduled. If a payment is due on a Saturday, Sunday, or Federal holiday, the payment will occur on the first business day after the due date. In these cases, you should plan to have the payment initiated on the last business day before any of these days in order to ensure your payment is made on time. You may not make payments and/ or and/or transactions to a federal, state or local governmental or tax unit, or pay child-support or alimony, or to make payments to other categories of payees that we establish from time to time using our electronic services.

Appears in 3 contracts

Samples: Membership Agreement, Electronic Funds Transfers Agreement, Electronic Funds Transfers Agreement

Electronic Processing and Transactions. Due to the processing systems for electronic transactions used in the United States and by usUs, a payment or other transaction may be effective or / posted before we We are open for business on the date scheduled for the payment or other transaction. Therefore, you You are responsible for ensuring insuring that your account(sYour Account(s) have sufficient balances as applicable for the scheduled payment/payment / transaction one business day prior to the date scheduled. If a payment is due on a Saturday, Sunday, or Federal federal holiday, the payment will may occur on either the first business day after the due date or the business day prior to the due date. In these cases, you You should plan to have the payment initiated on the last business day before any of these days in order to ensure your Your payment is made on time. You may not make payments and/ or and/or transactions to a federal, state or local governmental or tax unit, or pay child-support or alimony, or to make payments to other categories of payees that we We establish from time to time using our Our electronic servicesServices.

Appears in 1 contract

Samples: Business Banking Services Agreement

Electronic Processing and Transactions. Due to the processing systems for electronic transactions used in the United States and by us, a payment or other transaction may be effective or effective/posted before we are open for business on the date scheduled for the payment or other transaction. Therefore, you are responsible for ensuring insuring that your account(s) have sufficient balances as applicable for the scheduled payment/transaction one business day prior to the date scheduled. If a payment is due scheduled on a Saturday, Sunday, Sunday or Federal holiday, the payment will occur on the first business day after the due scheduled date. In these cases, you should plan to have the payment initiated on the last business day before any of these days dates in order to ensure your payment is made on time. You may not make payments and/ or transactions to a federal, state or local governmental or tax unit, or pay child-support or alimony, or to make payments to other categories of payees that we establish from time to time using our electronic services.

Appears in 1 contract

Samples: Membership, Account and Account Services Agreement

Electronic Processing and Transactions. Due to the processing systems for electronic transactions used in the United States and by us, a payment or other transaction may be effective or / posted before we are open for business on the date scheduled for the payment or other transaction. Therefore, you are responsible for ensuring insuring that your account(s) have sufficient balances as applicable for the scheduled payment/payment / transaction one business day prior to the date scheduled. If a payment is due on a Saturday, Sunday, or Federal federal holiday, the payment will may occur on either the first business day after the due date or the business day prior to the due date. In these cases, you should plan to have the payment initiated on the last business day before any of these days in order to ensure your payment is made on time. You may not make payments and/ or and/or transactions to a federal, state or local governmental or tax unit, or pay child-support or alimony, or to make payments to other categories of payees that we establish from time to time using our electronic services.

Appears in 1 contract

Samples: Online Banking Agreement

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Electronic Processing and Transactions. Due to the processing systems for electronic transactions used in the United States and by us, a payment or other transaction may be effective or effective/posted before we are open for business on the date scheduled for the payment or other transaction. Therefore, you are responsible for ensuring insuring that your account(s) have sufficient balances as applicable for the scheduled payment/transaction one business day prior to the date scheduled. If a payment is due on a Saturday, Sunday, or Federal holiday, the payment will occur on the first business day after the due date. In these cases, you should plan to have the payment initiated on the last business day before any of these days in order to ensure your payment is made on time. You may not make payments and/ or and/or transactions to a federal, state or local governmental or tax unit, or pay child-support or alimony, or to make payments to other categories of payees that we establish from time to time using our electronic services.

Appears in 1 contract

Samples: Electronic Funds Transfers Agreement

Electronic Processing and Transactions. Due to the processing systems for electronic transactions used in the United States and by us, a payment or other transaction may be effective or effective/posted before we are open for business on the date scheduled for the payment or other transaction. Therefore, you are responsible for ensuring insuring that your account(s) have sufficient balances as applicable for the scheduled payment/transaction one business day prior to the date scheduled. If a payment is due scheduled on a Saturday, Sunday, Sunday or Federal holiday, the payment will occur on the first business day after the due scheduled date. In these cases, you should plan to have the payment initiated on the last business day before any of these days dates in order to ensure your payment is made on time. You may not make payments and/ or and/or transactions to a federal, state or local governmental government or tax unit, or pay child-support or alimony, or to make payments to other categories of payees that we establish from time to time using our electronic services.

Appears in 1 contract

Samples: Electronic Funds Transfers Agreement

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