Common use of Single Payments Clause in Contracts

Single Payments. A single payment will be processed on the business day that you designate as the payment process date, provided the payment is submitted prior to the daily cut-off time. The daily cut-off time is currently 2:00 pm Eastern. Recurring Payments: When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency setting for the payment, a process date is calculated for the next occurrence of the payment. If the calculated process date is a non-business day, it is adjusted based upon the following rules:

Appears in 4 contracts

Samples: Membership Agreement, Membership Agreement, Membership Agreement

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Single Payments. A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment payment’s process date, provided the payment is submitted prior to the daily cut-off timetime on that date. The daily cut-off time time, which is controlled by the financial institution, is currently 2:00 pm Eastern9:00 PM EST. Recurring Payments: When a recurring A single payment is processed, it is automatically rescheduled by submitted after the system. Based upon your selected frequency setting for cut-off time on the payment, a designated process date is calculated for will be processed on the next occurrence of the paymentfollowing business day. If the calculated process date is you designate a non-business daydate (generally weekends and certain holidays) as the payment’s process date, it is adjusted based upon the payment will be processed on the first business day following rules:the designated process date.

Appears in 4 contracts

Samples: Electronic Banking Agreement, Electronic Banking Agreement, Electronic Banking Agreement

Single Payments. A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment payment’s process date, provided the payment is submitted prior to the daily cut-off timetime on that date. The daily cut-off time time, is currently 2:00 pm Eastern2:00pm (CST). Recurring Payments: When a recurring A single payment is processed, it is automatically rescheduled by submitted after the system. Based upon your selected frequency setting for cut-off time on the payment, a designated process date is calculated for will be processed on the next occurrence of the paymentfollowing business day. If the calculated process date is you designate a non-business daydate (generally weekends and certain holidays) as the payment’s process date, it is adjusted based upon the payment will be processed on the first business day following rules:the designated process date.

Appears in 3 contracts

Samples: Online Banking End User License Agreement, Online Banking End User License Agreement, Online Banking End User License Agreement

Single Payments. A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment process payment’s processing date, provided the payment is submitted prior to the daily cut-off timetime on that date. The daily cut-off time time, which is controlled by the Bank, is currently 2:00 pm Eastern. Recurring Payments: When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency setting for the payment, a process date is calculated for the next occurrence of the payment. If the calculated process date is a non-business day, it is adjusted based upon the following rules:4:00 p.m.

Appears in 3 contracts

Samples: Online Banking Agreement, Online & Mobile Banking Agreement, Online Banking Agreement

Single Payments. A single payment will be processed on the business day (generally Monday through Friday, excluding holidays) that you designate as the payment process payment’s processing date, provided the payment is submitted prior to the daily cut-off timetime on that date. The daily cut-off time time, which is controlled by the credit union, is currently 2:00 pm EasternPM MT. Recurring Payments: When a recurring A single payment is processed, it is automatically rescheduled by submitted after the system. Based upon your selected frequency setting for cut-off time on the payment, a designated process date is calculated for will be processed on the next occurrence of the paymentbusiness day. If the calculated process date is you designate a non-business daydate (generally weekends and holidays) as the payment’s processing date, it is adjusted based upon the payment will be processed on the first business day following rules:the designated processing date.

Appears in 2 contracts

Samples: Billpay Service Agreement, Billpay Service Agreement

Single Payments. A single payment will be processed on the business day (generally Monday through Friday except certain holidays) that you designate as the payment payment’s process date, provided the payment is submitted prior to the daily cut-off timetime on that date. The daily cut-off time time, which is controlled by PFCU, is currently 2:00 pm Eastern3:00pm EST. Recurring Payments: When a recurring A single payment is processed, it is automatically rescheduled by received after the system. Based upon your selected frequency setting for cut-off time on the payment, a designated process date is calculated for will be processed on the next occurrence of the paymentfollowing business day. If the calculated process date is you designate a non-business daydate (generally weekends and certain holidays) as the payment’s process date, it is adjusted based upon the payment will be processed on the first business day following rules:the designated process date.

Appears in 2 contracts

Samples: Business Bill Payment Services Agreement, Bill Payment Services Agreement

Single Payments. A single payment will be processed on the business day Business Day that you designate as the payment process payment’s processing date, provided the payment is submitted prior to the daily cut-off timetime on that date. The daily cut-off time time, which is controlled by us, is currently 2:00 3pm Easterneastern standard time. Recurring Payments: When a recurring A single payment is processed, it is automatically rescheduled by submitted after the system. Based upon your selected frequency setting for cut-off time on the payment, a designated process date is calculated for will be processed on the next occurrence of the paymentBusiness Day. If the calculated process date is you designate a non-business dayBusiness Day as the payment’s processing date, it is adjusted based upon the payment will be processed on the first Business Day following rules:the designated processing date.

Appears in 2 contracts

Samples: Digital Banking Agreement, Digital Banking Agreement

Single Payments. A single payment will be processed on the business Business Day (any day except Saturday, Sunday and Federal holidays) that you designate as the payment payment's process date, provided the payment is submitted prior to the daily cut-off timetime on that date. The daily cut-off time is currently 2:00 pm Eastern3:00 PM. Recurring Payments: When a recurring A single payment is processed, it is automatically rescheduled by submitted after the system. Based upon your selected frequency setting for cut-off time on the payment, a designated process date is calculated for will be processed on the next occurrence of the paymentfollowing Business Day. If the calculated process date is you designate a non-business dayBusiness Day (generally weekends and certain holidays) as the payment's process date, it is adjusted based upon the payment will be processed on the first Business Day following rules:the designated process date.

Appears in 1 contract

Samples: Trustco Bank Retail Online Banking, Bill Paying and Mobile Banking Agreement

Single Payments. A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment process payment’s processing date, provided the payment is submitted prior to the daily cut-off timetime on that date. The daily cut-off time is currently 2:00 12:00 pm EasternPacific Time. Recurring Payments: When a recurring A single payment is processed, it is automatically rescheduled by submitted after the system. Based upon your selected frequency setting for cut-off time on the payment, a designated process date is calculated for will be processed on the next occurrence of the paymentbusiness day. If the calculated process date is you designate a non-business daydate (generally weekends and certain holidays) as the payment’s processing date, it is adjusted based upon the payment will be processed on the first business day following rules:the designated processing date.

Appears in 1 contract

Samples: Bill Pay Service Agreement

Single Payments. A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment process payment’s processing date, provided the payment is submitted prior to the daily cut-off timetime on that date. The daily cut-off time time, which is controlled by the Financial Institution, is currently 2:00 pm Eastern. Recurring Payments: When a recurring 3:00 p.m. • A single payment is processed, it is automatically rescheduled by submitted after the system. Based upon your selected frequency setting for cut-off time on the payment, a designated process date is calculated for will be processed on the next occurrence of the paymentbusiness day. If the calculated process date is you designate a non-business daydate (generally weekends and certain holidays) as the payment’s processing date, it is adjusted based upon the payment will be processed on the first business day following rules:the designated processing date.

Appears in 1 contract

Samples: Online Banking Agreement

Single Payments. A single payment will be processed on the business day Business Day that you designate as the payment process datepayment’s Process Date, provided the payment is submitted prior to the daily cut-off timetime on that date. The daily cut-off time for xxxx payments is currently 2:00 pm EasternCentral time. Recurring Payments: When a recurring A single payment is processed, it is automatically rescheduled by submitted after the system. Based upon your selected frequency setting for cut-off time on the payment, a process date is calculated for designated Process Date will be processed on the next occurrence of the paymentfollowing Business Day. If the calculated process date is you designate a non-business dayBusiness Day (generally weekends and certain holidays) as the payment’s Process Date, it is adjusted based upon the payment will be processed on the first Business Day following rules:the designated Process Date.

Appears in 1 contract

Samples: Bill Payment Agreement

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Single Payments. A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment payment’s process date, provided the payment is submitted prior to before the daily cut-off timetime of 2:00PM MT. The daily A single payment submitted after the cut-off time is currently 2:00 pm Eastern. Recurring Payments: When a recurring payment is processed, it is automatically rescheduled by on the system. Based upon your selected frequency setting for the payment, a designated process date is calculated for will be processed on the next occurrence of the paymentfollowing business day. If the calculated process date is you designate a non-business daydate (generally weekends and certain holidays) as the payment’s process date, it is adjusted based upon the payment will be processed on the first business day following rules:the designated process date.

Appears in 1 contract

Samples: Consumer Bill Payment Agreement

Single Payments. A single payment will be processed on the business day Business Day that you designate as the payment process datepayment’s Process Date, provided the payment is submitted prior to the daily cut-off timetime on that date. The daily cut-off time for bill payments is currently 2:00 3:00 pm EasternCentral time. Recurring Payments: When A single payment submitted after the cut-off time on the designated Process Date will be processed on the following Business Day. If you designate a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency setting for non- Business Day (generally weekends and certain holidays) as the payment’s Process Date, a process date is calculated for the next occurrence of payment will be processed on the payment. If first Business Day following the calculated process date is a non-business day, it is adjusted based upon the following rules:designated Process Date.

Appears in 1 contract

Samples: Online Banking Agreement

Single Payments. A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment process date, provided the payment is submitted prior to the daily cut-off timetime on that date. The daily cut-off time time, which is controlled by the financial institution, is currently 2:00 pm EasternPM EST. Recurring Payments: When a recurring A single payment is processed, it is automatically rescheduled by submitted after the system. Based upon your selected frequency setting for cut-off time on the payment, a designated process date is calculated for will be processed on the next occurrence of the paymentfollowing business day. If the calculated process date is you designate a non-business daydate (generally weekends and certain holidays) as the payment process date, it is adjusted based upon the payment will be processed on the first business day following rules:the designated process date.

Appears in 1 contract

Samples: Electronic Funds Transfer Agreement

Single Payments. A single payment will be processed on the business day Business Day that you designate as the payment payment’s process date, provided the payment is submitted prior to the daily cut-off time. The 2:00 p.m. Central Time daily cut-off time is currently 2:00 pm Easternon that Business Day. Recurring Payments: When a recurring The Bank reserves the right to change the cut-off time upon notice to you in accordance with applicable law and this Agreement. A single payment is processed, it is automatically rescheduled by submitted after the system. Based upon your selected frequency setting for cut-off time on the payment, a designated process date is calculated for will be processed on the next occurrence of the paymentBusiness Day. If the calculated process date is you designate a non-business dayBusiness Day as the payment’s process date, it is adjusted based upon the payment will be processed on the first Business Day following rules:the designated process date.

Appears in 1 contract

Samples: Online Banking Agreement

Single Payments. A single payment Payment will be processed on the business day that (Monday through Friday, except certain holidays) you designate as the payment process datepayment's Process Date, provided the payment Payment Instruction is submitted received by the Service prior to the daily cut-off Cutoff time. The daily cut-off Cutoff time is currently 2:00 pm Eastern3:00 PM CST. Recurring Payments: When a recurring payment is processed, it is automatically rescheduled by A single Payment Instruction received after the system. Based upon your selected frequency setting for Cutoff time on the payment, a process date is calculated for designated Process Date will be processed on the next occurrence of the paymentfollowing business day. If the calculated process date is you designate a non-business daydate (generally weekends and certain holidays) as the payment' Process Date, it is adjusted based upon the payment will be processed on the first business day following rules:the designated Process Date.

Appears in 1 contract

Samples: Terms & Conditions Agreement for Bill Payment Service

Single Payments. A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment payment’s process date, provided the payment is submitted prior to the daily cut-off timetime for that date. The daily cut-off time, for same day processing is 1:00 PM PST (4:00 PM EST). A single payment submitted after the cut-off time is currently 2:00 pm Eastern. Recurring Payments: When a recurring payment is processed, it is automatically rescheduled by on the system. Based upon your selected frequency setting for the payment, a designated process date is calculated for will be processed on the next occurrence of the paymentbusiness day. If the calculated process date is you designate a non-business daydate (generally weekends and certain holidays) as the payment’s process date, it is adjusted based upon the payment will be processed on the first business day following rules:the designated process date.

Appears in 1 contract

Samples: Bill Pay Agreement

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