Common use of Delivery and Timing Clause in Contracts

Delivery and Timing. a. Deposits reaching a “submitted” status prior to 7:30 p.m. CT on Business Days will be processed in one (1) Business Day with a posting date which matches the Business Day “submitted” status was reached. Deposits reaching a “submitted” status after 7:30 p.m. CT on Business Days will be processed in two (2) Business Days with a posting date which is one (1) Business Day before the process date.

Appears in 2 contracts

Sources: Treasury Management Master Services Agreement, Treasury Management Master Services Agreement