Common use of Issuance of Notice of Transfer, etc Clause in Contracts

Issuance of Notice of Transfer, etc. When a transfer contract has been entered into, the Bank shall, pursuant to the contents of the request, issue a notice of transfer to the financial institution which is the receiving party, on the day of the request, directly or through a bank, etc. (the “Related Banks”); provided, however, that in the case of unavoidable circumstances such as when the request is made just before the close of business hours for acceptance of transfers or on a business day when there are excessive transfer requests, the notice of transfer may be issued on the business day following the date of request.

Issuance of Notice of Transfer, etc. When a transfer contract has been entered into, the Bank shall, pursuant to the contents of the request, issue a notice of transfer to the financial institution which is the receiving party, on the day of the request, directly or through a bank, etc. (the “Related Banks”); provided, however, that in the case of unavoidable circumstances such as when the request is made just before the close of business hours for acceptance of transfers or transfers, on a business busy day when there are excessive for transfer requestsoperations, during the time of the date update of the Bank’s system, or due to the status of the recipient’s financial institution or the recipient’s account, the notice of transfer may be issued on the day after the request date or the business day following the date of request.