Notice by Bank Sample Clauses

Notice by Bank. If an Entry is rejected or returned, a notification of change is received, or the Bank amends the terms of this agreement, the Bank shall notify the Company by email. All notices shall be provided to the following addresses for each party: If to Northeast Bank: If to Company: Email: xxxxxxxx@xxxxxxxx.xxx Physical Address: Northeast Bank ATTN: eBanking Department 00 Xxxxxxxx Xx XX Xxxxxxxxxxx, XX 00000 Email Address: Note: some notifications are sent automatically and can only be sent to one email address. If the Company wants multiple recipients on their email notices, they should setup an internal email distribution list that can send to multiple parties. Physical Address: COMPANY: (Sign only if Company wants to be setup for Same Day ACH Origination) By: Name: Title: Date: MAXIMUM Daily Company Limit: $ TAX ID NUMBER: Same Day ACH: ☐ YES ☐ NO Pre-funding: ☐ YES ☐ NO Name: ID#: ☐DAC ☐PAYROLL ☐AP ☐Other ☐CCD ☐CTX ☐PPD ☐TEL ☐WEB Daily: Monthly: Name: ID#: ☐DAC ☐PAYROLL ☐AP ☐Other ☐CCD ☐CTX ☐PPD ☐TEL ☐WEB Daily: Monthly: Name: ID#: ☐DAC ☐PAYROLL ☐AP ☐Other ☐CCD ☐CTX ☐PPD ☐TEL ☐WEB Daily: Monthly: Name: ID#: ☐DAC ☐PAYROLL ☐AP ☐Other ☐CCD ☐CTX ☐PPD ☐TEL ☐WEB Name: ID#: ☐DAC ☐PAYROLL ☐AP ☐Other ☐CCD ☐CTX ☐PPD ☐TEL ☐WEB Signature: Signature: Name: Name: Title: Title: Date: Date: A. The following sets forth the Security Procedure with which the Company agrees to comply when transmitting or delivering Entries to the Bank: 1. Setup information obtained, Login ID & password created, Multi-factor authentication process prescribed, URL website link provided to customer 2. Each Authorized User (designated in Attachment 6 of the Agreement) will be required to use the following Multi-Factor Authentication provided by the Bank: • User ID • Password • Security Token (refer to the “Cash Management Security Token Agreement”) • May be required to answer a personally identified security question prior to submitting or approving an ACH transaction. 3. In addition, an Authorized User must confirm a one-time passcode from Security Manager prior to initiating or approving an ACH file(s) which validates that they are an Authorized User and that the information transmitted is authorized and appropriate. If Security Manager is unavailable, then an Authorized User must call the Northeast Bank ACH Validation Line and provide the following information: • Company Name • Processing Date • Number of Files • Total Dollar Amount of Each File B. The Company agrees that the Security Procedure s...
Sample 1
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Notice by Bank. If an Entry is rejected, returned or if a Notification of Change is received, the Bank shall notify Third Party Sender and/or Client by mail or electronic transmission.
Sample 1
Notice by Bank. If an Entry is rejected or returned, a notification of change is received, or the Bank amends the terms of this agreement, the Bank shall notify the Company by email. All notices shall be provided to the following addresses for each party: If to Northeast Bank: If to Company: Email: xxxxxxxx@xxxxxxxxxxxxx-xx.xxx Physical Address: Northeast Bank ATTN: eBanking Department 00 Xxxxxxxx Xx XX Xxxxxxxxxxx, XX 00000 Email Address: Note: some notifications are sent automatically and can only be sent to one email address. If the Company wants multiple recipients on their email notices, they should setup an internal email distribution list that can send to multiple parties. Physical Address: COMPANY: By: Name: Title: Date: Company understands the Same Day ACH implementation will be spread out over three phases. Company realizes that only ACH credit and debit Entries up to $25,000 will be eligible to be processed during the new same-day windows during phases 1 and 2. Company comprehends that in the first and second phase, RDFI’s are only required to provide funds availability by the end of their processing day.
Sample 1
Notice by Bank. If an Entry is rejected or returned, a notification of change is received, or the Bank amends the terms of this agreement, the Bank shall notify the Company by email. All notices shall be provided to the following addresses for each party: If to Northeast Bank: If to Company: Email: xxxxxxxx@xxxxxxxxxxxxx-xx.xxx Physical Address: Northeast Bank ATTN: eBanking Department 00 Xxxxxxxx Xx XX Email Address: Note: some notifications are sent automatically and can only be sent to one email address. If the Company wants multiple recipients on their email notices, they should setup an internal email distribution list that can send to multiple parties. Physical Address: COMPANY: (Sign only if Company wants to be setup for Same Day ACH Origination) By: Name: Title: Date: Date: Bank: Northeast Bank CIF #: Max. Single Trans Amount Max. Single Day Count Max. Single Day Amount Max. Period (14 days) Count Max. Period (14 days) Amount ACH credit ACH debits By: By: Name: Name: Title: Title: Date: Date:
Sample 1
Notice by Bank. If an Entry is returned or if a Notification of Change is received, Bank shall notify Customer via Bank’s Commercial Online Banking System or electronic (email) transmission. If a file is rejected as described in Section 23, Bank shall notify Customer by phone or electronic (email) transmission.
Sample 1
Notice by Bank. If an Entry is rejected or returned, a notification of change (NOC) is received, or the Bank amends the terms of this agreement, the Bank shall notify the Company by email. Return and NOC notifications will be sent to the email addresses for the Company ACH contacts that we have on file for your organization directly from the Federal Reserve FedACH Reporter service. These emails are sent from the xxxxxxxxxxxx@xxxxxx.xxx email address. All notices shall be provided to the following addresses for each party: If to Northeast Bank: If to Company: Email: xxxxxxxx@xxxxxxxx.xxx Physical Address: Northeast Bank ATTN: eBanking Department 00 Xxxxxxxx Xx XX Xxxxxxxxxxx, XX 00000 Email Address: Physical Address: COMPANY: By: Name: Title: Date: Company understands that as of the execution date if this agreement only ACH credit and debit entries up to $100,000 will be eligible to be processed during the two Same-Day ACH windows. Effective, March 21, 2021, a third Same-Day ACH processing window will be added. Company comprehends RDFIs are required to provide funds availability to the recipient from Same-Day ACH transactions as follows: - by 1:30 PM local time of the receiving bank for Same-Day ACH transactions processed through this Service during the first window - by 5 PM local time of the receiving bank for the Same-Day ACH entries processed through this Service during the second Same-Day ACH window. - by the end of the processing day of the receiving bank for the Same-Day ACH entries processed through this Service during the third Same-Day ACH window.
Sample 1
Notice by Bank. If an Entry is rejected or returned, a notification of change is received, or the Bank amends the terms of this agreement, the Bank shall notify the Company by email. All notices shall be provided to the following addresses for each party: If to Northeast Bank: If to Company: Email: xxxxxxxx@xxxxxxxx.xxx Physical Address: Northeast Bank ATTN: eBanking Department 00 Xxxxxxxx Xx XX Xxxxxxxxxxx, XX 00000 Email Address: Note: some notifications are sent automatically and can only be sent to one email address. If the Company wants multiple recipients on their email notices, they should setup an internal email distribution list that can send to multiple parties. Physical Address: COMPANY: By: Name: Title: Date: Company understands that only ACH credit and debit entries up to $25,000 will be eligible to be processed during the Same Day ACH windows.
Sample 1
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Notice by Bank. If an Entry is rejected, returned or if a Notification of Change is received, Bank shall notify Customer by mail or via the Business Online Banking Service.
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Notice by Bank. If an Entry is rejected, returned or if a Notification of Change is received, Bank shall notify Customer by phone or electronic (email) transmission. For wire requests transmitted via Online Banking, the following cut-off time requirements will apply: A. Domestic Wire Transfers initiated and approved by 5:00 p.m. ET on a Business Day will be processed that same day if that day is also a Business Day for Bank's correspondent facility and the recipient bank; transfers initiated and approved after 5:00 p.m. ET will be processed the next Business Day if that day is also a Business Day for Bank's correspondent facility and the recipient bank. B. International Wire Transfers of U.S currency initiated and approved by 5:00 p.m. ET on a Business Day and approved by 5:00 p.m. ET on a Business Day will be processed within the industry standard delivery time (in most, but not all cases, two (2) Business Days). Foreign transfers may be subject to delays based on time-zone issues; the remote location of the recipient bank; cultural differences with respect to holidays and times of observation, etc.; and incorrect information being supplied by Customer. Except as may otherwise be noted, the following Security Procedures are required for all Online Banking customers, unless otherwise indicated:
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Related to Notice by Bank

  • Notice by Company The Company shall promptly notify the Trustee and the Paying Agent of any facts known to the Company that would cause a payment of any Obligations with respect to the Notes to violate this Article 10, but failure to give such notice shall not affect the subordination of the Notes to the Senior Debt as provided in this Article 10.

  • Acceptance and Notice by Borrower Not later than (i) 11:00 a.m. (New York time) at least three Business Days prior to the proposed Borrowing Date, in the case of a Eurodollar Auction or (ii) 11:00 a.m. (New York time) on the proposed Borrowing Date, in the case of an Absolute Rate Auction (or, in either case upon reasonable prior notice to the Revolving Credit Lenders, such other time and date as the Borrower and the Administrative Agent may agree), the Borrower shall notify the Administrative Agent of its acceptance or rejection of the offers received by it pursuant to Section 2.3.4 or so notified to it pursuant to Section 2.3.5; provided, however, that the failure by the Borrower to give such notice to the Administrative Agent shall be deemed to be a rejection of all such offers. In the case of acceptance, such notice (a “Competitive Bid Borrowing Notice”) shall specify the aggregate principal amount of offers for each Interest Period that are accepted and (if the Administrative Agent is not the Competitive Bid Agent) shall include copies of each Competitive Bid Quote that is accepted. The Borrower may accept any Competitive Bid Quote in whole or in part (subject to the terms of Section 2.3.4(b)(iv) and (vi)); provided that: (i) the aggregate principal amount of each Competitive Bid Advance may not exceed (but, within the limitations set forth in Section 2.3.2(ii), may be less than) the applicable amount set forth in the related Competitive Bid Quote Request; (ii) acceptance of offers may only be made on the basis of ascending Eurodollar Bid Rates or Absolute Rates, as the case may be; and (iii) the Borrower may not accept any offer that is described in Section 2.3.4(c) or that otherwise fails to comply with the requirements of this Agreement.

  • Notice by Tenant Tenant shall give immediate notice to Landlord in case of fire or accidents in the Premises or in the building of which the Premises are a part or of defects therein or in any fixtures or equipment.

  • Termination by Borrowers Upon at least thirty (30) days’ prior written notice to Agent and Lenders, Borrowers may, at its option, terminate this Agreement; provided, however, that no such termination shall be effective until Borrowers have complied with Section 2.2(d). Any notice of termination given by Borrowers shall be irrevocable unless all Lenders otherwise agree in writing and no Lender shall have any obligation to make any Loans on or after the termination date stated in such notice. Borrowers may elect to terminate this Agreement in its entirety only. No section of this Agreement or type of Loan available hereunder may be terminated singly.

  • Termination by Borrower Upon at least sixty (60) days prior written notice to Lender, Borrower may, at its option, terminate this Agreement; provided, however, no such termination shall be effective until Borrower has paid all of the Obligations in immediately available funds and all Letters of Credit and LC Guaranties have expired or have been cash collateralized to Lender's satisfaction. Any notice of termination given by Borrower shall be irrevocable unless Lender otherwise agrees in writing, and Lender shall have no obligation to make any Loans or issue or procure any Letters of Credit or LC Guaranties on or after the termination date stated in such notice. Borrower may elect to terminate this Agreement in its entirety only. No section of this Agreement or type of Loan available hereunder may be terminated singly.

  • Notice by the Borrower To request a Borrowing (other than a Swingline Loan), the Borrower shall notify the Administrative Agent of such request by electronic communication (i) in the case of a Term Benchmark Borrowing denominated in Dollars, not later than 12:00 p.m., New York City time, three (3) Business Days before the date of the proposed Borrowing, (ii) in the case of a Term Benchmark Borrowing denominated in a Foreign Currency, not later than 12:00 p.m., New York City time, four (4) Business Days before the date of the proposed Borrowing, (iii) in the case of an ABR Borrowing, not later than 11:00 a.m., New York City time, on the date of the proposed Borrowing or (iv) in the case of an RFR Borrowing, not later than 12:00 p.m., New York City time, four (4) Business Days before the date of the proposed Borrowing. Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery, telecopy or electronic mail to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent and signed by the Borrower. Notwithstanding the other provisions of this Agreement, in the case of any Revolving Borrowing denominated in Dollars, the Borrower may request that such Borrowing be split into a Dollar Loan in an aggregate principal amount equal to the Pro-Rata Dollar Portion and a Multicurrency Loan in an aggregate amount equal to the Pro-Rata Multicurrency Portion (any such Borrowing, a “Pro-Rata Borrowing”). Except as expressly set forth in this Agreement, a Pro-Rata Borrowing shall be treated as being comprised of two (2) separate Borrowings, a Dollar Borrowing under the Dollar Commitments and a Multicurrency Borrowing under the Multicurrency Commitments.

  • Early Termination by Borrowers Borrowers have the option, at any time upon 10 Business Days prior written notice to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying to Agent all of the Obligations in full. The foregoing notwithstanding, (a) Borrowers may rescind termination notices relative to proposed payments in full of the Obligations with the proceeds of third party Indebtedness if the closing for such issuance or incurrence does not happen on or before the date of the proposed termination (in which case, a new notice shall be required to be sent in connection with any subsequent termination), and (b) Borrowers may extend the date of termination at any time with the consent of Agent (which consent shall not be unreasonably withheld or delayed).

  • Notice by the Company The Company shall give prompt written notice to a Responsible Officer of the Trustee at the Principal Office of the Trustee of any fact known to the Company that would prohibit the making of any payment of monies to or by the Trustee in respect of the Debentures pursuant to the provisions of this Article XV. Notwithstanding the provisions of this Article XV or any other provision of this Indenture, the Trustee shall not be charged with knowledge of the existence of any facts that would prohibit the making of any payment of monies to or by the Trustee in respect of the Debentures pursuant to the provisions of this Article XV, unless and until a Responsible Officer of the Trustee at the Principal Office of the Trustee shall have received written notice thereof from the Company or a holder or holders of Senior Indebtedness or from any trustee therefor; and before the receipt of any such written notice, the Trustee, subject to the provisions of Article VI of this Indenture, shall be entitled in all respects to assume that no such facts exist; provided, however, that if the Trustee shall not have received the notice provided for in this Section at least 2 Business Days prior to the date upon which by the terms hereof any money may become payable for any purpose (including, without limitation, the payment of the principal of (or premium, if any) or interest on any Debenture), then, anything herein contained to the contrary notwithstanding, the Trustee shall have full power and authority to receive such money and to apply the same to the purposes for which they were received, and shall not be affected by any notice to the contrary that may be received by it within 2 Business Days prior to such date. The Trustee, subject to the provisions of Article VI of this Indenture, shall be entitled to conclusively rely on the delivery to it of a written notice by a Person representing himself to be a holder of Senior Indebtedness (or a trustee or representative on behalf of such holder), to establish that such notice has been given by a holder of such Senior Indebtedness or a trustee or representative on behalf of any such holder or holders. In the event that the Trustee determines in good faith that further evidence is required with respect to the right of any Person as a holder of such Senior Indebtedness to participate in any payment or distribution pursuant to this Article XV, the Trustee may request such Person to furnish evidence to the reasonable satisfaction of the Trustee as to the amount of such Senior Indebtedness held by such Person, the extent to which such Person is entitled to participate in such payment or distribution and any other facts pertinent to the rights of such Person under this Article XV, and, if such evidence is not furnished, the Trustee may defer any payment to such Person pending judicial determination as to the right of such Person to receive such payment.

  • Early Termination by Borrower Borrower has the option, at any time upon 90 days prior written notice to Lender, to terminate this Agreement by paying to Lender, in cash, the Obligations (including (a) either (i) providing cash collateral to be held by Lender in an amount equal to 105% of the Letter of Credit Usage, or (ii) causing the original Letters of Credit to be returned to Lender, and (b) providing cash collateral (in an amount determined by Lender as sufficient to satisfy the reasonably estimated credit exposure) to be held by Lender for the benefit of the Bank Product Providers with respect to the Bank Product Obligations), in full, together with the Applicable Prepayment Premium. If Borrower has sent a notice of termination pursuant to the provisions of this Section, then Lender's obligations to extend credit hereunder shall terminate and Borrower shall be obligated to repay the Obligations (including (a) either (i) providing cash collateral to be held by Lender in an amount equal to 105% of the Letter of Credit Usage, or (ii) causing the original Letters of Credit to be returned to Lender, and (b) providing cash collateral (in an amount determined by Lender as sufficient to satisfy the reasonably estimated credit exposure) to be held by Lender for the benefit of the Bank Product Providers with respect to the Bank Product Obligations), in full, together with the Applicable Prepayment Premium, on the date set forth as the date of termination of this Agreement in such notice. In the event of the termination of this Agreement and repayment of the Obligations at any time prior to the Maturity Date, for any other reason, including (a) termination upon the election of Lender to terminate after the occurrence and during the continuation of an Event of Default, (b) foreclosure and sale of Collateral, (c) sale of the Collateral in any Insolvency Proceeding, or (d) restructure, reorganization, or compromise of the Obligations by the confirmation of a plan of reorganization or any other plan of compromise, restructure, or arrangement in any Insolvency Proceeding, then, in view of the impracticability and extreme difficulty of ascertaining the actual amount of damages to Lender or profits lost by Lender as a result of such early termination, and by mutual agreement of the parties as to a reasonable estimation and calculation of the lost profits or damages of Lender, Borrower shall pay the Applicable Prepayment Premium to Lender, measured as of the date of such termination.

  • Release by Borrower a. FOR GOOD AND VALUABLE CONSIDERATION, Borrower hereby forever relieves, releases, and discharges Collateral Agent and each Lender and their respective present or former employees, officers, directors, agents, representatives, attorneys, and each of them, from any and all claims, debts, liabilities, demands, obligations, promises, acts, agreements, costs and expenses, actions and causes of action, of every type, kind, nature, description or character whatsoever, whether known or unknown, suspected or unsuspected, absolute or contingent, arising out of or in any manner whatsoever connected with or related to facts, circumstances, issues, controversies or claims existing or arising from the beginning of time through and including the date of execution of this Amendment solely to the extent such claims arise out of or are in any manner whatsoever connected with or related to the Loan Documents, the Recitals hereto, any instruments, agreements or documents executed in connection with any of the foregoing or the origination, negotiation, administration, servicing and/or enforcement of any of the foregoing (collectively “Released Claims”). b. In furtherance of this release, Borrower expressly acknowledges and waives any and all rights under Section 1542 of the California Civil Code, which provides as follows: “A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor.” (Emphasis added.) c. By entering into this release, Borrower recognizes that no facts or representations are ever absolutely certain and it may hereafter discover facts in addition to or different from those which it presently knows or believes to be true, but that it is the intention of Borrower hereby to fully, finally and forever settle and release all matters, disputes and differences, known or unknown, suspected or unsuspected in respect of the Released Claims; accordingly, if Borrower should subsequently discover that any fact that it relied upon in entering into this release was untrue, or that any understanding of the facts was incorrect, Borrower shall not be entitled to set aside this release by reason thereof, regardless of any claim of mistake of fact or law or any other circumstances whatsoever. Borrower acknowledges that it is not relying upon and has not relied upon any representation or statement made by Bank with respect to the facts underlying this release or with regard to any of such party’s rights or asserted rights. d. This release may be pleaded as a full and complete defense and/or as a cross-complaint or counterclaim against any action, suit, or other proceeding that may be instituted, prosecuted or attempted in breach of this release. Borrower acknowledges that the release contained herein constitutes a material inducement to Collateral Agent and the Lenders to enter into this Amendment, and that Collateral Agent and the Lenders would not have done so but for Collateral Agent’s and the Lenders’ expectation that such release is valid and enforceable in all events. e. Borrower hereby represents and warrants to Collateral Agent and the Lenders, and Collateral Agent and the Lenders are relying thereon, as follows: i. Except as expressly stated in this Amendment, neither Collateral Agent, the Lenders nor any agent, employee or representative of any of them has made any statement or representation to Borrower regarding any fact relied upon by Borrower in entering into this Amendment. ii. Borrower has made such investigation of the facts pertaining to this Amendment and all of the matters appertaining thereto, as it deems necessary. iii. The terms of this Amendment are contractual and not a mere recital. iv. This Amendment has been carefully read by Borrower, the contents hereof are known and understood by Borrower, and this Amendment is signed freely, and without duress, by Borrower. v. Borrower represents and warrants that it is the sole and lawful owner of all right, title and interest in and to every claim and every other matter which it releases herein, and that it has not heretofore assigned or transferred, or purported to assign or transfer, to any person, firm or entity any claims or other matters herein released. Borrower shall indemnify Collateral Agent and the Lenders, defend and hold each harmless from and against all claims based upon or arising in connection with prior assignments or purported assignments or transfers of any claims or matters released herein.

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