Report of Transactions. Each Business Day, we will provide you with information on the aggregate amount of Controlled Disbursement Items presented to the Disbursement Account as well as other such information identifying the components of such aggregated dollar amount as is reasonably necessary or convenient for us to provide the Service (including, but not limited to, MICR line information and Check images), and such other information as we may otherwise mutually agree. We will then make such information available to you electronically by such time of day as we may from time to time establish so that you can ensure adequate collected funds are available in the Funding Account each day to cover that day’s Controlled Disbursement Items. If, for any reason, the Federal Reserve Bank does not provide us with the information on or before our Cutoff Time, we may estimate the amount of Controlled Disbursement Items for that day.
Appears in 4 contracts
Samples: Ss Agreement, Ss Agreement, Ss Agreement
