Common use of Processing of Mobile Deposits Clause in Contracts

Processing of Mobile Deposits. Customer shall submit check images to Bank in such format, and with such associated check information, as Bank may require periodically, utilizing Accredited Standards Committee X9’s Specifications for Electronic Exchange of Check and Image Data (DSTU X9.37-2003) and in conformance with the requirements of Bank’s Mobile Application. Bank reserves the right to reject any single check image or group of check images for any reason, before or after it/they appear on Bank’s system. All checks submitted through Mobile Deposits must be properly endorsed by the Customer adding the following statement below the signature: “For mobile deposit only at Allegiance Bank”. Although some checks have a preprinted box to indicate mobile deposit, checking this box does not complete the Bank’s mobile deposit endorsement requirement. Below is a proper endorsement example: [Payee Endorsement] For Mobile Deposit Only At Allegiance Bank Items transmitted without being properly endorsed are subject to rejection by Bank. Customer agrees to inspect and verify the quality of the check images, ensuring that the check images of the front and back of the original check are legible before capturing the image via Mobile Deposits. Specifically, Customer warrants the following: (i) the check image is an accurate representation of the information contained in the original check, and the check image includes all endorsements from the original check; (ii) each check image contains a record of all MICR line information required for a substitute check, and the check image satisfies all of the requirements of the Check 21 Act and Regulation CC; (iii) the original check, a duplicate check image, or any copy of the original check or check image will not be deposited by Customer with Bank; and (iv) the original check, a duplicate check image, or any copy of the original check or check image will not be presented, transferred or returned such that Bank or any other person will be asked to make a payment based on a check or check image that has already been paid. Bank has no responsibility or liability for any fees incurred due to the rejection of transmitted items for missing/incomplete endorsements. Unless the Bank notifies Customer otherwise, Bank provides next-day credit to the applicable Account for all items transmitted by Customer and received by the Bank within the timelines established by the Bank. Electronic images shall be deemed received by us for deposit based upon time of receipt as well as successful receipt of electronic images that are complete, usable, and adhere to the standards discussed above. If any electronic image is not complete, is not usable, or does not adhere to the Standards, the electronic image may not be processed by us, in which event your deposit will be adjusted and notification provided. You understand we will process only your electronic images that comply with the standards discussed above and are Sufficient Image Copies, and we will use commercially reasonable efforts to present these Sufficient Image Copies for collection under the Check 21 framework. The daily cut-off time for deposits made using Mobile Deposits is 5:00 p.m. CST. Such daily cut-off times may be adjusted by Bank in its sole discretion from time to time upon notice to you. If the deposits are not received by the end- of-day cutoff time, Bank will not guarantee that deposits will be processed that day. Bank may accept these deposits and they will be processed on Bank’s next Business Day. Bank shall give provisional credit for deposits subject to revocation of credit for deposits as provided in Regulation CC and the Uniform Commercial Code. The availability of funds for deposits via Mobile Deposits is set forth in this Agreement. Should a Drawee Financial Institution return an item to us unpaid, we will charge your respective Account for such returned item and may either (i) return the item to you, or (ii) re-present it to the Drawee Financial Institution before returning it to you. Items may be returned as Image Exchange Items, rather than Substitute Checks. Should a Drawee Financial Institution or other third party make a claim against us or seek re-credit with respect to any electronic image, we may provisionally freeze or hold aside a like amount in your Account pending investigation and resolution of the claim. Bank may reject any entry which does not comply with the requirements set forth herein. Bank may reject any entry if Customer has failed to comply with its Account balance obligations. Bank may reject any deposit from Customer that does not adhere to the Security Procedures. Bank shall notify Customer by phone or electronic transmission, including email or fax, of such rejection typically no later than the Business Day such deposit would otherwise have been transmitted by Bank to the Federal Reserve. Notices of rejection shall be effective when given. Bank shall have no liability to Customer by reason of the rejection of any such deposit or the fact that such notice is not given at an earlier time than that provided for herein. Customer shall have no right to cancel or amend any deposit after its receipt by Bank. However, if such request complies with the security procedures, Bank shall use reasonable efforts to act on a request by Customer for cancellation of a deposit prior to transmitting it to the Federal Reserve, but shall have no liability if such cancellation is not implemented. Customer shall reimburse Bank for any expenses, losses, or damages Bank may incur in implementing or attempting to implement Customer’s request for the reversal of a deposit. You understand and acknowledge that we are relying on the truth and veracity of all electronic images submitted for deposit via Mobile Deposits by you to us, and you warrant that such electronic images accurately reflect Original Checks that are, or at the time of the creation of the Substitute Checks, were, in your possession. You also understand that issues regarding returned item collection, returned deposit, and other issues regarding deposit of items not specifically addressed in this Agreement shall be governed by the terms and conditions of the Account Agreement.

Processing of Mobile Deposits. Customer Accountholder shall submit check images to Bank FBB in such format, and with such associated check information, as Bank FBB may require periodically, utilizing Accredited Standards Committee X9’s Specifications for Electronic Exchange exchange of Check and Image Data (DSTU X9.37-2003) and in conformance with the requirements of Bank’s Mobile Applicationthe Services. Bank FBB reserves the right to reject any single check image or group of check images for any reason, before or after it/they appear on BankFBB’s system. All checks submitted through Mobile Deposits Deposit must be properly endorsed by the Customer adding the following statement below the signature: “For mobile deposit only at Allegiance Bank”Accountholder prior to transmittal. Although some checks have a preprinted box to indicate mobile deposit, checking this box does not complete the Bank’s mobile deposit endorsement requirement. Below is a proper endorsement example: [Payee Endorsement] For Mobile Deposit Only At Allegiance Bank Items transmitted without being properly endorsed are subject to rejection by BankFBB. Customer Accountholder agrees to inspect and verify the quality of the check images, ensuring that the check images of the front and back of the original check are legible before capturing the image via Mobile DepositsDeposit. Specifically, Customer Accountholder warrants the following: (i) the check image is an accurate representation of the information contained in the original check, and the check image includes all endorsements from the original check; (ii) each check image contains a record of all MICR line information required for a substitute check, and the check image satisfies all of the requirements of the Check 21 Act and Regulation CC; (iii) the original check, a duplicate check image, or any copy of the original check or check image will not be deposited by Customer with BankFBB; and (iv) the original check, a duplicate check image, or any copy of the original check or check image will not be presented, transferred or returned such that Bank FBB or any other person will be asked to make a payment based on a check or check image that has already been paid. Bank FBB has no responsibility or liability for any fees incurred due to the rejection of transmitted items for missing/incomplete endorsements. Unless the Bank FBB notifies Customer Accountholder otherwise, Bank FBB provides next-same day credit to the applicable Account account for all items transmitted by Customer Accountholder and received by the Bank FBB within the timelines established by the BankFBB. Electronic images Images shall be deemed received by us for deposit based upon time of receipt as well as successful receipt of electronic images Electronic Images that are complete, usable, and adhere to the standards discussed above. If any electronic image Electronic Image is not complete, is not usable, or does not adhere to the Standards, the electronic image Electronic Image may not be processed by us, in which event your deposit will be adjusted and notification provided. You understand we will process only your electronic images Electronic Images that comply with the standards discussed above and are Sufficient Image Copies, and we will use commercially reasonable efforts to present these Sufficient Image Copies for collection under the Check 21 framework. The daily cut-off time for mobile deposits made using Mobile Deposits is 5:00 4:30 p.m. CST. Such daily cut-off times may be adjusted by Bank FBB in its sole discretion from time to time upon notice to you. If the deposits are not received by the end- end-of-day cutoff time, Bank FBB will not guarantee that deposits will be processed that day. Bank FBB may accept these deposits and they will be processed on BankFBB’s next Business Day. Bank FBB shall give provisional credit for deposits subject to revocation of credit for deposits as provided in Regulation CC and the Uniform Commercial Code. The availability As a general rule, deposits made to your FBB deposit account through Mobile Deposit prior to the cut off time of funds for deposits via Mobile 4:30 pm CST will be credited to your deposit account the next business day. Deposits is set forth in this Agreementmade after the daily cut-off time will be credited within two business days. Should a Drawee Financial Institution return an item to us unpaid, we will charge your respective Account account for such returned item and may either (i) return the item to you, or (ii) re-present it to the Drawee Financial Institution before returning it to you. Items may be returned as Image Exchange Items, rather than Substitute Checks. Should a Drawee Financial Institution or other third party make a claim against us or seek re-credit with respect to any electronic imageElectronic Image, we may provisionally freeze or hold aside a like amount in your Account account pending investigation and resolution of the claim. Bank FBB may reject any entry which does not comply with the requirements set forth herein. Bank FBB may reject any entry if Customer Accountholder has failed to comply with its Account account balance obligations. Bank FBB may reject any deposit from Customer of Accountholder that does not adhere to the Security Procedures. Bank FBB shall notify Customer Accountholder by phone or electronic transmission, including email or email, fax, or SMS text message of such rejection typically no later than the Business Day such deposit would otherwise have been transmitted by Bank FBB to the Federal Reserve. Notices of rejection shall be effective when given. Bank FBB shall have no liability to Customer Accountholder by reason of the rejection of any such deposit or the fact that such notice is not given at an earlier time than that provided for herein. Customer Accountholder shall have no right to cancel or amend any deposit after its receipt by BankFBB. However, if such request complies with the security proceduresSecurity Procedures, Bank FBB shall use reasonable efforts to act on a request by Customer Accountholder for cancellation of a deposit prior to transmitting it to the Federal Reserve, but shall have no liability if such cancellation is not implemented. Customer Accountholder shall reimburse Bank FBB for any expenses, losses, or damages Bank FBB may incur in implementing or attempting to implement CustomerAccountholder’s request for the reversal of a deposit. You understand and acknowledge that we are relying on the truth and veracity of all electronic images Electronic Images submitted for deposit via Mobile Deposits Deposit by you to us, and you warrant that such electronic images Electronic Images accurately reflect Original Checks that are, or at the time of the creation of the Substitute Checks, were, in your possession. You also understand that issues regarding returned item collection, returned deposit, and other issues regarding deposit of items Items not specifically addressed in this Agreement shall be governed by the terms and conditions of the Account Deposit Agreement.

Processing of Mobile Deposits. Customer Accountholder shall submit check images to Bank FBB in such format, and with such associated check information, as Bank FBB may require periodically, utilizing Accredited Standards Committee X9’s Specifications for Electronic Exchange exchange of Check and Image Data (DSTU X9.37-2003) and in conformance with the requirements of Bank’s Mobile Applicationthe Services. Bank FBB reserves the right to reject any single check image or group of check images for any reason, before or after it/they appear on BankFBB’s system. All checks submitted through Mobile Deposits Deposit must be properly endorsed by the Customer adding the following statement below the signature: “For mobile deposit only at Allegiance Bank”Accountholder prior to transmittal. Although some checks have a preprinted box to indicate mobile deposit, checking this box does not complete the Bank’s mobile deposit endorsement requirement. Below is a proper endorsement example: [Payee Endorsement] For Mobile Deposit Only At Allegiance Bank Items transmitted without being properly endorsed are subject to rejection by BankFBB. Customer Accountholder agrees to inspect and verify the quality of the check images, ensuring that the check images of the front and back of the original check are legible before capturing the image via Mobile DepositsDeposit. Specifically, Customer Accountholder warrants the following: (i) the check image is an accurate representation of the information contained in the original check, and the check image includes all endorsements from the original check; (ii) each check image contains a record of all MICR line information required for a substitute check, and the check image satisfies all of the requirements of the Check 21 Act and Regulation CC; (iii) the original check, a duplicate check image, or any copy of the original check or check image will not be deposited by Customer with BankFBB; and (iv) the original check, a duplicate check image, or any copy of the original check or check image will not be presented, transferred or returned such that Bank FBB or any other person will be asked to make a payment based on a check or check image that has already been paid. Bank FBB has no responsibility or liability for any fees incurred due to the rejection of transmitted items for missing/incomplete endorsements. Unless the Bank FBB notifies Customer Accountholder otherwise, Bank FBB provides next-same day credit to the applicable Account account for all items transmitted by Customer Accountholder and received by the Bank FBB within the timelines established by the BankFBB. Electronic images Images shall be deemed received by us for deposit based upon time of receipt as well as successful receipt of electronic images Electronic Images that are complete, usable, and adhere to the standards discussed above. If any electronic image Electronic Image is not complete, is not usable, or does not adhere to the Standards, the electronic image Electronic Image may not be processed by us, in which event your deposit will be adjusted adjusted, and notification provided. You understand we will process only your electronic images Electronic Images that comply with the standards discussed above and are Sufficient Image Copies, and we will use commercially reasonable efforts to present these Sufficient Image Copies for collection under the Check 21 framework. The daily cut-off time for mobile deposits made using Mobile Deposits is 5:00 4:30 p.m. CST. Such daily cut-off times may be adjusted by Bank FBB in its sole discretion from time to time upon notice to you. If the deposits are not received by the end- end-of-day cutoff time, Bank FBB will not guarantee that deposits will be processed that day. Bank FBB may accept these deposits and they will be processed on BankFBB’s next Business Day. Bank FBB shall give provisional credit for deposits subject to revocation of credit for deposits as provided in Regulation CC and the Uniform Commercial Code. The availability As a general rule, deposits made to your FBB deposit account through Mobile Deposit prior to the cut off time of funds for deposits via Mobile 4:30 pm CST will be credited to your deposit account the next business day. Deposits is set forth in this Agreementmade after the daily cut-off time will be credited within two (2) business days. Should a Drawee Financial Institution return an item to us unpaid, we will charge your respective Account account for such returned item and may either (i) return the item to you, or (ii) re-present it to the Drawee Financial Institution before returning it to you. Items may be returned as Image Exchange Items, rather than Substitute Checks. Should a Drawee Financial Institution or other third party make a claim against us or seek re-credit with respect to any electronic imageElectronic Image, we may provisionally freeze or hold aside a like amount in your Account account pending investigation and resolution of the claim. Bank FBB may reject any entry which does not comply with the requirements set forth herein. Bank FBB may reject any entry if Customer Accountholder has failed to comply with its Account account balance obligations. Bank FBB may reject any deposit from Customer of Accountholder that does not adhere to the Security Procedures. Bank FBB shall notify Customer Accountholder by phone or electronic transmission, including email or email, fax, or SMS text message of such rejection typically no later than the Business Day such deposit would otherwise have been transmitted by Bank FBB to the Federal Reserve. Notices of rejection shall be effective when given. Bank FBB shall have no liability to Customer Accountholder by reason of the rejection of any such deposit or the fact that such notice is not given at an earlier time than that provided for herein. Customer Accountholder shall have no right to cancel or amend any deposit after its receipt by BankFBB. However, if such request complies with the security proceduresSecurity Procedures, Bank FBB shall use reasonable efforts to act on a request by Customer Accountholder for cancellation of a deposit prior to transmitting it to the Federal Reserve, but shall have no liability if such cancellation is not implemented. Customer Accountholder shall reimburse Bank FBB for any expenses, losses, or damages Bank FBB may incur in implementing or attempting to implement CustomerAccountholder’s request for the reversal of a deposit. You understand and acknowledge that we are relying on the truth and veracity of all electronic images Electronic Images submitted for deposit via Mobile Deposits Deposit by you to us, and you warrant that such electronic images Electronic Images accurately reflect Original Checks that are, or at the time of the creation of the Substitute Checks, were, in your possession. You also understand that issues regarding returned item collection, returned deposit, and other issues regarding deposit of items Items not specifically addressed in this Agreement shall be governed by the terms and conditions of the Account Deposit Agreement.

Processing of Mobile Deposits. Customer shall submit check The Imaged Item transmitted to the Bank using Mobile Deposits must be legible and contain images to Bank in such format, of the front and with such associated check information, as Bank may require periodically, utilizing Accredited Standards Committee X9’s Specifications for Electronic Exchange back of Check and Image Data (DSTU X9.37-2003) and in conformance the Original Check. The image quality of the Imaged Item must comply with the requirements established from time to time by the American National Standards Institute, the Board of Bank’s Mobile ApplicationGovernors of the Federal Reserve Board, or any other regulatory agency, clearing house or association. These requirements include, but are not limited to, ensuring the following information can clearly be read and understood by sight review of the Imaged Item: the amount of the Check (both written and numeric); the payee; the signature of the drawer (maker); the date; the Check number; the information identifying the drawer and the paying financial institution that is preprinted on the check including the MICR line; and all other information placed on the Original Check prior to the time the Imaged Item is captured (such as any required identification written on the front of the Original Check and any endorsements applied to the back of the Original Check). The Bank reserves the right to reject any single check image or group of check images for any reason, before or after it/they appear on the Bank’s system. All checks submitted through Mobile Deposits must be properly endorsed by Customer by signing the Customer adding back of the following statement below the signature: check “For mobile deposit only at Allegiance Bank”. Although some checks have a preprinted box to indicate mobile depositonly, checking this box does not complete the Bank’s mobile deposit endorsement requirement. Below is a proper endorsement example: [Payee Endorsement] For Mobile Deposit Only At Allegiance Jefferson Bank Account # .” Imaged Items transmitted without being properly endorsed are subject to rejection by the Bank. Customer agrees to inspect and verify the quality of the check imagesImaged Item, ensuring that the check images of the front and back of the original check Original Check are legible before capturing sending the image Imaged Item via Mobile Deposits. Specifically, Customer warrants the following: (i) the check image Imaged Item is an accurate representation of the information contained in the original checkOriginal Check, and the check image Imaged Item includes all endorsements from the original check; (ii) each check image contains a record of all MICR line information required for a substitute check, and the check image satisfies all of the requirements of the Check 21 Act and Regulation CC; (iii) the original check, a duplicate check image, or any copy of the original check or check image will not be deposited by Customer with Bank; and (iv) the original check, a duplicate check image, or any copy of the original check or check image will not be presented, transferred or returned such that Bank or any other person will be asked to make a payment based on a check or check image that has already been paid. Bank has no responsibility or liability for any fees incurred due to the rejection of transmitted items for missing/incomplete endorsements. Unless the Bank notifies Customer otherwise, Bank provides next-day credit to the applicable Account for all items transmitted by Customer and received by the Bank within the timelines established by the Bank. Electronic images shall be deemed received by us for deposit based upon time of receipt as well as successful receipt of electronic images that are complete, usable, and adhere to the standards discussed above. If any electronic image is not complete, is not usable, or does not adhere to the Standards, the electronic image may not be processed by us, in which event your deposit will be adjusted and notification provided. You understand we will process only your electronic images that comply with the standards discussed above and are Sufficient Image Copies, and we will use commercially reasonable efforts to present these Sufficient Image Copies for collection under the Check 21 framework. The daily cut-off time for deposits made using Mobile Deposits is 5:00 p.m. CST. Such daily cut-off times may be adjusted by Bank in its sole discretion from time to time upon notice to you. If the deposits are not received by the end- of-day cutoff time, Bank will not guarantee that deposits will be processed that day. Bank may accept these deposits and they will be processed on Bank’s next Business Day. Bank shall give provisional credit for deposits subject to revocation of credit for deposits as provided in Regulation CC and the Uniform Commercial Code. The availability of funds for deposits via Mobile Deposits is set forth in this Agreement. Should a Drawee Financial Institution return an item to us unpaid, we will charge your respective Account for such returned item and may either (i) return the item to you, or (ii) re-present it to the Drawee Financial Institution before returning it to you. Items may be returned as Image Exchange Items, rather than Substitute Checks. Should a Drawee Financial Institution or other third party make a claim against us or seek re-credit with respect to any electronic image, we may provisionally freeze or hold aside a like amount in your Account pending investigation and resolution of the claim. Bank may reject any entry which does not comply with the requirements set forth herein. Bank may reject any entry if Customer has failed to comply with its Account balance obligations. Bank may reject any deposit from Customer that does not adhere to the Security Procedures. Bank shall notify Customer by phone or electronic transmission, including email or fax, of such rejection typically no later than the Business Day such deposit would otherwise have been transmitted by Bank to the Federal Reserve. Notices of rejection shall be effective when given. Bank shall have no liability to Customer by reason of the rejection of any such deposit or the fact that such notice is not given at an earlier time than that provided for herein. Customer shall have no right to cancel or amend any deposit after its receipt by Bank. However, if such request complies with the security procedures, Bank shall use reasonable efforts to act on a request by Customer for cancellation of a deposit prior to transmitting it to the Federal Reserve, but shall have no liability if such cancellation is not implemented. Customer shall reimburse Bank for any expenses, losses, or damages Bank may incur in implementing or attempting to implement Customer’s request for the reversal of a deposit. You understand and acknowledge that we are relying on the truth and veracity of all electronic images submitted for deposit via Mobile Deposits by you to us, and you warrant that such electronic images accurately reflect Original Checks that are, or at the time of the creation of the Substitute Checks, were, in your possession. You also understand that issues regarding returned item collection, returned deposit, and other issues regarding deposit of items not specifically addressed in this Agreement shall be governed by the terms and conditions of the Account Agreement.Check;