Common use of Off Times Clause in Contracts

Off Times. The Credit Union may establish or change cutoff times for the receipt and processing of funds transfer requests, amendments, or cancellations. Unless other times are posted for the various types of funds transfers, the cutoff time will be at 2:00 pm. on each weekday that the Credit Union is open, which is not a holiday. Payment orders, cancellations, or amendments received after the applicable cutoff time may be treated as having been received on the next following funds transfer business day and processed accordingly.

Appears in 6 contracts

Samples: Domestic Wire Transfer Agreement, International Wire Transfer Agreement, International Wire Transfer Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!