Processing Deadlines Sample Clauses
The Processing Deadlines clause establishes specific timeframes within which certain actions, tasks, or deliverables must be completed under the agreement. It typically outlines deadlines for submitting documents, completing services, or responding to requests, and may specify consequences for missing these deadlines, such as penalties or loss of rights. This clause ensures that all parties adhere to a clear schedule, promoting efficiency and accountability while reducing the risk of delays or misunderstandings.
Processing Deadlines. Except as provided in Security Procedures in below, we will (a) process entries received from you to conform with the file specifications set forth in the Rules, (b) transmit such entries as an Originating Depository Financial Institution to the Federal Reserve Bank, and (c) settle for such entries to the specified accounts as provided in the Rules. We will transmit such entries to the Federal Reserve Bank by the deadline of the ACH one (1) business day prior to the effective entry date shown in such entries, provided (i) such entries are received 3:00 PM ET on a business day, (ii) the effective entry date is at least two (2) days after such business day, and (iii) the Federal Reserve is open for business on such business day. A “business day” is a day in which the Federal Reserve Bank is opened to the public for carrying on substantially all of its business, other than a Saturday, Sunday, or legal holiday. If any of the requirements of clause (i), (ii), or (iii) listed above are not met, we will use reasonable efforts to transmit such entries to the Federal Reserve Bank by the next deposit deadline on which the Federal Reserve is open for business.
Processing Deadlines. Unless otherwise agreed to by the Parties, Customer will: (a) complete and execute all required documentation so that NEOGOV or Fulfillment Partner may withdraw funds from Customer’s account to process direct deposit payrolls, (b) input or report all relevant payroll data for ACH transmissions to NEOGOV no later than 2:00 p.m. Pacific Standard Time (PST) three (3) banking days prior to each Paydate, (c) input or report all other relevant payroll data to NEOGOV no later than 2:00 p.m. Pacific Standard Time (PST) two banking days prior to each Paydate, (d) have available in Customer’s bank account good, collectable funds in a sufficient amount to cover funding disbursements, checks, direct deposits, tax payments, or recurring payments to third parties no later than the opening of business (i) two banking days prior to each Paydate for debits by electronic entry, and (ii) two banking days prior to each Paydate for funding by wire transfer, and (e) compare all reports on credits or debits initiated by Customer to NEOGOV’s records and promptly notify NEOGOV of any discrepancies. In the event Customer does not meet the deadlines specified herein, NEOGOV shall make reasonable efforts to complete processing prior to the Paydate; however, NEOGOV makes no representation or warranty that payroll will process by the Paydate where Customer fails to provide all required documentation by the deadline. Additional Fees may apply for expedited processing.
Processing Deadlines. The current processing deadline is 2:00 p.m. (Central Time) for wire transfer orders. This means that if you opt for approval of an online wire transfer order, the initial request and the approval must be obtained by the processing deadline.
Processing Deadlines. A number of our Services are subject to processing deadlines; for example, 2:00 p.m. (Central Time) for wire transfer orders; and
Processing Deadlines. The Bank has specific processing deadlines (“Cut-off Time”) as outlined in Exhibit ‘A’, which may be amended from time to time by Bank after giving written notice to Customer at least 30 days prior to the effective date of changes. Deposits received by the deadline will be transmitted that day to the Federal Reserve Bank or applicable clearinghouse or image exchange group for settlement on the effective entry day.
Processing Deadlines. If Sub-Merchant elects to process Check Image Transactions using FTNI’s designated Financial Institution, the cut-off time for submission of Check Image Transactions is 6 pm CT of each Banking Day. Any Check Image Transactions submitted after this cut-off time will be processed as if submitted on the next Banking Day.
Processing Deadlines. Except as provided in Security Procedures below, we will (a) process entries received from you to conform with the file specifications set forth in the Rules, (b) transmit such entries as an Originating Depository Financial Institution to the Federal Reserve Bank, and (c) settle for such entries to the specified accounts as provided in the Rules. We will transmit such entries to the Federal Reserve Bank by the deadline of the ACH one (1) business day prior to the effective entry date shown in such entries, provided (i) such entries are received 3:00 PM ET on a business day, (ii) the effective entry date is at least two (2) days after such business day, and