Common use of Recurring Payments Clause in Contracts

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a processing date is calculated for the next occurrence of the payment. If the calculated processing date is a non-business date (generally weekends and certain holidays), it is adjusted based upon the following rules:

Appears in 6 contracts

Samples: Digital Banking Services Agreement, Bill Pay Agreement, Bill Pay Agreement

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Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a processing process date is calculated for the next occurrence of the payment. If the calculated processing date is a non-business date (generally weekends and certain holidays), it is adjusted based upon the following rules:.

Appears in 3 contracts

Samples: Oneclick Bill Pay Agreement, Oneclick Bill Pay Agreement, Oneclick Bill Pay Agreement

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected scheduled frequency settings for the payment, a processing date is calculated for the next occurrence of the payment. If your frequency settings for the recurring payment specify the 29th, 30th or 31st as a particular day of the month for processing and that day does not exist in the month of the calculated processing date date, then the last calendar day of that month is a non-business date (generally weekends and certain holidays), it is adjusted based upon used as the following rules:calculated processing date.

Appears in 3 contracts

Samples: Bill Pay Terms of Service, Online Banking, Bill Pay and Mobile Banking Agreement, Online Banking, Bill Pay and Mobile Banking Agreement

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a processing date Process Date is calculated for the next occurrence of the payment. If the calculated processing date Process Date is a non-business date (generally weekends and certain holidays), it is adjusted based upon the following rules:: CANCELLING A PAYMENT STOP PAYMENT REQUESTS ADDITIONAL PAY FROM ACCOUNTS PAYMENT AUTHORIZATION AND PAYMENT REMITTANCE

Appears in 1 contract

Samples: Bill Pay Agreement

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a processing process date is calculated for the next occurrence of the payment. If the calculated processing process date is a non-business date (generally weekends and certain holidays), it is adjusted based upon the following rules:: (i) If the recurring payment’s "Pay Backward" option is selected, the process date for the new occurrence of the payment is adjusted to the first business date prior to the

Appears in 1 contract

Samples: Online Banking End User License Agreement

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a processing date Process Date is calculated for the next occurrence of the payment. If the calculated processing date Process Date is a non-business date (generally weekends and certain holidays), it is adjusted based upon to the following rules:first business date prior to the calculated Process Date. CANCELLING A PAYMENT CANCELLING A PAYMENT - INSUFFICIENT FUNDS FOR PAYMENTS AT 8:00 A.M. EASTERN

Appears in 1 contract

Samples: Bill Pay Agreement

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a processing date is calculated for the next occurrence of the payment. If the calculated processing date is a non-business date (generally weekends and certain holidays), it is adjusted based upon the following rules:calculated

Appears in 1 contract

Samples: E Signature and Electronic Disclosures Agreement

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings setting for the payment, a processing process date is calculated for the next occurrence of the payment. If the calculated processing process date is a non-business date (generally weekends and certain holidays)day, it is adjusted based upon the following rules:

Appears in 1 contract

Samples: Membership Agreement

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a processing date is calculated for the next occurrence of the payment. If the calculated processing date is a non-business date (generally weekends and certain holidays)day, it is adjusted based upon the following rules:

Appears in 1 contract

Samples: Bill Pay Agreement

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a processing date Process Date is calculated for the next occurrence of the payment. If the calculated processing date Process Date is a non-business date (generally weekends and certain holidays), it is adjusted based upon to the following rules:first business date prior to the calculated Process Date. CANCELLING A PAYMENT STOP PAYMENT REQUESTS ADDITIONAL PAY FROM ACCOUNTS PAYMENT AUTHORIZATION AND PAYMENT REMITTANCE

Appears in 1 contract

Samples: Bill Pay Agreement

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a processing date is calculated for the next occurrence of the payment. If the calculated processing date is a non-business date (generally weekends and certain holidays), it is adjusted based upon the following rules:.

Appears in 1 contract

Samples: Bill Paying Agreement

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a processing process date is calculated for the next occurrence of the payment. If the calculated processing process date is a non-business date (generally weekends and certain holidaysFederal Holidays), it is adjusted based upon the following rules:payment will be made on the business day prior to the non-business day

Appears in 1 contract

Samples: Bill Pay Terms and Conditions

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Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a processing date is calculated for the next occurrence of the payment. If the calculated processing date is a non-business date (generally weekends and certain holidays)Business Day, it is adjusted based upon the following rules:

Appears in 1 contract

Samples: Bill Payment Agreement

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected se- lected frequency settings for the payment, a processing process date is calculated for the next occurrence of the paymentpay- ment. If the calculated processing process date is a non-business date (generally weekends and certain holidays), it is adjusted based upon the following rules:: • Future-dated single payment and recurring payments scheduled with a send on date of a weekend or holiday are processed the business day following the scheduled, send-on date.

Appears in 1 contract

Samples: Online Access Agreement and Disclosure Statement

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a processing date Process Date is calculated for the next occurrence of the payment. If the calculated processing date Process Date is a non-business date (generally weekends and certain holidays), it is adjusted based upon to the following rules:first business date prior to the calculated Process Date. CANCELLING A PAYMENT CANCELLING A PAYMENT - INSUFFICIENT FUNDS FOR PAYMENTS AT 9:00 A.M. EASTERN

Appears in 1 contract

Samples: Bill Pay Agreement

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a processing process date is calculated for the next occurrence of the payment. If the calculated processing process date is a non-business date (generally weekends and certain holidays), it is adjusted based upon up the following rules:

Appears in 1 contract

Samples: Membership and Account Agreement

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected se- lected frequency settings for the payment, a processing process date is calculated for the next occurrence of the paymentpay- ment. If the calculated processing process date is a non-business date (generally weekends and certain holidays), it is adjusted based upon the following rules::  Future-dated single payment and recurring payments scheduled with a send on date of a weekend or holiday are processed the business day following the scheduled, send-on date.

Appears in 1 contract

Samples: Online Access Agreement

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a processing process date is calculated for the next occurrence of the payment. If the calculated processing process date is a non-non- business date (generally weekends and certain holidays), it then the process date for the new occurrence of the payment is adjusted based upon to the following rules:first business date before the calculated process date.

Appears in 1 contract

Samples: Consumer Bill Payment Agreement

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a processing date is calculated for the next occurrence of the payment. If the calculated processing date is a non-non- business date (generally weekends and certain holidays), it is adjusted based upon the following rules:

Appears in 1 contract

Samples: Online Bill Pay Agreement

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