Processing Transfers and Disqualifying Events Sample Clauses

Processing Transfers and Disqualifying Events a. A Transfer remains in process until the close of business on the applicable Scheduled Date. b. A 2 to 3 Business Day delivery time is available to Customers participating in the External Transfer Service. However, you agree we may cancel a Transfer, without prior notice, upon the occurrence of a Disqualifying Event. c. Each of the following is a "Disqualifying Event": • Any of your deposit or loan accounts with Bank are not current or are not in good standing. • You have had an overdraft, an over‐limit item, or an item returned for insufficient funds with respect to any Bank account during the current or 3 prior calendar months. • You have had any prior Transfer canceled, revoked, or uncompleted due to insufficient funds, revoked authorization, stopped payments, frozen accounts, past due loans or, charged off balances with the Bank, or any similar reason. d. The Bank will use its best efforts to provide oral, written or electronic notice to you of rejection of a Transfer on its Scheduled Date; provided, however, that the Bank will not be liable to you for interest for its failure to give such notice.
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Processing Transfers and Disqualifying Events.  A transfer remains "In Process" until fully processed and it will appear as "In Process" on your “Transfer Activity” tab under “Send Money To/From” my accounts at other banks, or “To” someone else using an account number within Online Banking. Transfers remain "In Process" until the close of business on the day the funds are scheduled to be credited to the receiving account.  We may change your dollar limits at any time. Any decrease will be subject to notice, as required by law, but you agree that we may reduce your limits below the amounts stated above or cancel your transfers without prior notice upon occurrence of a Disqualifying Event.  Each of the following is a "Disqualifying Event": o Any of your deposit accounts with 1st Capital Bank are not current or are not in good standing. o Your funding account has been open for less than 24 hours. o You have had an overdraft, an over-limit item, or an item returned for insufficient funds with respect to any 1st Capital Bank deposit account during the current or 3 prior calendar months. o You have had any prior transfer canceled, revoked, or uncompleted due to insufficient funds, revoked authorization, stopped payments, frozen accounts, or any similar reason.  1st Capital Bank will use best efforts to provide oral, written or electronic notice to you of rejection of a transfer on the scheduled date of initiation of the transfer; provided, however, that 1st Capital Bank shall not be liable to you for interest compensation for its failure to give such notice.
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Processing Transfers and Disqualifying Events. (a) A Transfer remains in process until the close of business on the applicable Scheduled Date. (b) A 2 to 3 Business Day delivery time is available to Customers participating in the External Transfer Service. However, you agree we may cancel a Transfer, without prior notice, upon the occurrence of a DisqualifyingEvent. (c) Each of the following is a "Disqualifying Event": (i) Any of your deposit or loan accounts with us are not current or are not in good standing. (ii) You have had an overdraft, an over-limit item, or an item returned for insufficient funds with respect to any account with us during the current or 3 prior calendar months. (iii) You have had any prior Transfer canceled, revoked, or uncompleted due to insufficient funds, revoked authorization, stopped payments, frozen accounts, past due loans or, charged off balances with us, or any similar reason. (d) We will use our best efforts to provide oral, written or electronic notice to you of rejection of a Transfer on its Scheduled Date; provided, however, that we will not be liable to you for interest for its failure to give suchnotice.
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Processing Transfers and Disqualifying Events a. A Transfer remains in process until the close of business on the applicable Scheduled Date. b. A one to three Business Day delivery time is available to Members participating in the External Transfer Service. However, you agree we may cancel a Transfer, without prior notice, upon the occurrence of a Disqualifying Event. c. Each of the following is a "Disqualifying Event": • Any of your deposit or loan accounts with the Credit Union are not current or are not in good standing. • You have had an overdraft, an over‐limit item, or an item returned for insufficient funds with respect to any Credit Union account during the current or three prior calendar months. • You have had any prior Transfer canceled, revoked, or uncompleted due to insufficient funds, revoked authorization, stopped payments, frozen accounts, past due loans or, charged off balances with the Credit Union, or any similar reason. d. The Credit Union will use its best efforts to provide oral, written, or electronic notice to you of rejection of a Transfer on its Scheduled Date; provided, however, that the Credit Union will not be liable to you for interest for its failure to give such notice.
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Related to Processing Transfers and Disqualifying Events

  • Permitted Transfers Within Escrow 5.1 Transfer to Directors and Senior Officers (1) You may transfer escrow securities within escrow to existing or, upon their appointment, incoming directors or senior officers of the Issuer or any of its material operating subsidiaries, if the Issuer’s board of directors has approved the transfer. (2) Prior to the transfer the Escrow Agent must receive: (a) a certified copy of the resolution of the board of directors of the Issuer approving the transfer; (b) a certificate signed by a director or officer of the Issuer authorized to sign, stating that the transfer is to a director or senior officer of the Issuer or a material operating subsidiary and that any required approval from the Canadian exchange the Issuer is listed on has been received; (c) an acknowledgment in the form of Schedule “B” signed by the transferee; (d) copies of the letters sent to the securities regulators described in subsection (3) accompanying the acknowledgement; and (e) a transfer power of attorney, completed and executed by the transferor in accordance with the requirements of the Issuer’s transfer agent. (3) At least 10 days prior to the transfer, the Issuer will file a copy of the acknowledgement with the securities regulators in the jurisdictions in which it is a reporting issuer.

  • Disqualifying Disposition If the Participant disposes of Shares acquired upon exercise of this option within two years from the Grant Date or one year after such Shares were acquired pursuant to exercise of this option, the Participant shall notify the Company in writing of such disposition.

  • Disqualifying Offenses If at any time it is determined that a person has been found guilty of a misdemeanor or felony offense as a result of a trial or has entered a plea of guilty or nolo contendere, regardless of whether adjudication was withheld, within the last six (6) years from the date of the court’s determination for the crimes listed below, or their equivalent in any jurisdiction, the Contractor is required to immediately remove that person from any position with access to State of Florida data or directly performing services under the Contract. The disqualifying offenses are as follows: (a) Computer related crimes; (b) Information technology crimes; (c) Fraudulent practices; (d) False pretenses; (e) Frauds; (f) Credit card crimes; (g) Forgery; (h) Counterfeiting; (i) Violations involving checks or drafts; (j) Misuse of medical or personnel records; and (k) Felony theft.

  • Notice of Disqualifying Disposition If the Option is an Incentive Stock Option, I agree that I will promptly notify the Chief Financial Officer of the Company if I transfer any of the Shares within one (1) year from the date I exercise all or part of the Option or within two (2) years of the Date of Option Grant.

  • Notice of Disqualifying Disposition of ISO Shares If the Option granted to Optionee herein is an ISO, and if Optionee sells or otherwise disposes of any of the Shares acquired pursuant to the ISO on or before the later of (1) the date two years after the Date of Grant, or (2) the date one year after the date of exercise, the Optionee shall immediately notify the Company in writing of such disposition. Optionee agrees that Optionee may be subject to income tax withholding by the Company on the compensation income recognized by the Optionee.