Processing Items Sample Clauses

Processing Items. The Bank agrees to process Items received by it in accordance with this Agreement stated herein and the AMA Operating Guidelines. All references to times of a day in this Agreement shall refer to Eastern Time as to when each is in effect in Boston, Massachusetts. The Bank is under no obligation to cash an item at any of its offices as it is only payable through, not payable at, the Bank.
Sample 1
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Processing Items. As an agent for Customer, Bank shall process the Payments and deposit the same into Customer’s Settlement Account. Bank shall use reasonable efforts to process all Payments on the banking day the Payments are received; however, Customer agrees that Bank shall not be responsible for any liability, loss, or damage resulting from Bank's failure to process items or to perform any other obligations under this Service which is caused by an act of God, fire, floods, adverse weather or atmospheric conditions or other catastrophes; war, sabotage, riots, acts of public enemy, or acts of governmental authority; labor difficulties; equipment or Device failure or destruction or the unavailability, interruption, or malfunction of communications facilities or utilities; delays or failure to act by you or third parties and their personnel; criminal acts; or generally any cause reasonably beyond the Bank's control.
Sample 1
Processing Items. As an agent for Customer, Lockbox Servicer shall remove the contents of the Post Office Box each banking day at intervals determined by Lockbox Servicer in its sole discretion. Customer acknowledges and agrees that removal of the items from the Post Office Box shall constitute delivery of the items by Customer to Lockbox Servicer for collection. After collection of the contents of the Post Office Box, Lockbox Servicer will open the envelopes and remove the checks, money orders, cash, and other forms of payment (“Remittances”), and the statements, invoices, correspondence, papers, documents, or other items (“Remittance Materials”). Customer agrees to instruct those sending items to Customer to never send cash and assumes all liability if Lockbox Servicer receives cash in the Remittances. Remittance Materials and envelopes containing Remittance Materials must be of a size and paper quality so as to be properly processed through Lockbox Servicer’s equipment without damage. If cash is contained in the Remittance, the cash will be removed and a credit advice or equivalent for the amount of the cash will replace the cash. Lockbox Servicer shall add the checks received for deposit, prepare a deposit slip, and make the deposit to the Lockbox Account. If coupons or any other document accompanies the payments, those documents must meet the formats and specifications agreed upon by Customer and Lockbox Servicer. Bank, if Customer requests, may send information regarding the deposits via secure e‐mail to the Customer. Subcontractor, if Customer requests, may give access to Customer through Subcontractor’s Internet to information regarding the deposits. Except as otherwise specifically provided in this Agreement, Lockbox Servicer will not reconcile the checks, cash, or other items in the envelopes to the invoice, statements or other documents contained in the envelope. Lockbox Servicer shall use reasonable efforts to process all items removed from the Post Office Box on the banking day the items are removed therefrom; however, Customer agrees that in addition to the "Force Majeure" clause of this Agreement, Lockbox Servicer shall have no liability to Customer for failure to process all items on any given day if the volume received by Lockbox Servicer for all of Lockbox Servicer's lockbox customers exceeds Lockbox Servicer's ability to process all of the items on the day of receipt. In addition to the other liability provisions in this Agreement, Lockbox Servicer shall ...
Sample 1
Processing Items. Bank One shall be deemed to have received the Items contained in mail bearing the relevant Address when they are collected from the Post Office. Bank One will process Items in accordance with the procedures mutually agreeable to Bank One, the Servicer (unless the Servicer has received a notice pursuant to Section 1) and the Indenture Trustee (“Procedures”). Items processed in accordance with the Procedures shall evidence the Indenture Trustee’s and Bank One’s mutual agreement to the Procedures. The terms of this Schedule A shall control any conflict between it and the Procedures. Bank One is authorized to indorse the Items in accordance with the Procedures.
Sample 1

Related to Processing Items

  • Processing operations The personal data transferred will be subject to the following basic processing activities:

  • Data Collection, Processing and Usage The Company collects, processes and uses the International Participant’s personal data, including the International Participant’s name, home address, email address, and telephone number, date of birth, social insurance number or other identification number, salary, citizenship, job title, any shares of Common Stock or directorships held in the Company, and details of all Equity Awards or any other equity compensation awards granted, canceled, exercised, vested, or outstanding in the International Participant’s favor, which the Company receives from the International Participant or the Employer. In granting the Equity Award under the Plan, the Company will collect the International Participant’s personal data for purposes of allocating shares of Common Stock and implementing, administering and managing the Plan. The Company’s legal basis for the collection, processing and usage of the International Participant’s personal data is the International Participant’s consent.

  • Processing Costs In addition to the Purchase Price, Buyer shall pay Processing Costs in the amount of $900.00, to be paid to Seller in cash or other readily available funds at closing. The Processing Costs are owed in addition to the Purchase Price and shall not be considered part of the Purchase Price.

  • Sub-processing 1. The data importer shall not subcontract any of its processing operations performed on behalf of the data exporter under the Clauses without the prior written consent of the data exporter. Where the data importer subcontracts its obligations under the Clauses, with the consent of the data exporter, it shall do so only by way of a written agreement with the sub-processor which imposes the same obligations on the sub-processor as are imposed on the data importer under the Clauses. Where the sub-processor fails to fulfil its data protection obligations under such written agreement the data importer shall remain fully liable to the data exporter for the performance of the sub-processor’s obligations under such agreement.

  • Subprocessing 1. The data importer shall not subcontract any of its processing operations performed on behalf of the data exporter under the Clauses without the prior written consent of the data exporter. Where the data importer subcontracts its obligations under the Clauses, with the consent of the data exporter, it shall do so only by way of a written agreement with the subprocessor which imposes the same obligations on the subprocessor as are imposed on the data importer under the Clauses. Where the subprocessor fails to fulfil its data protection obligations under such written agreement the data importer shall remain fully liable to the data exporter for the performance of the subprocessor's obligations under such agreement.

  • Transaction Processing All orders are subject to acceptance by us and by the Fund or its transfer agent, and become effective only upon confirmation by us. If required by law, each transaction shall be confirmed in writing on a fully disclosed basis and if confirmed by us, a copy of each confirmation shall be sent to you if you so request. All sales are made subject to receipt of shares by us from the Funds. We reserve the right in our discretion, without notice, to suspend the sale of shares of the Funds or withdraw the offering of shares of the Funds entirely. Orders will be effected at the price(s) next computed on the day they are received if, as set forth in the applicable Fund’s current Prospectus, the orders are received by us or an agent appointed by us or the Fund prior to the close of trading on the New York Stock Exchange, generally 4:00 p.m. eastern time (“Close of Trading”). Orders received after that time will be effected at the price(s) computed on the next business day. All orders must be accompanied by payment in U.S. Dollars. Orders payable by check must be drawn payable in U.S. Dollars on a U.S. bank, for the full amount of the investment. If you have entered into a FundSERV Agreement with us to effect transactions in Fund shares through FundSERV, you are hereby authorized to act on our behalf for the limited purpose of receiving purchase, exchange and redemption orders for Fund shares executed through FundSERV. You represent and warrant that all orders for the purchase, exchange or redemption of Fund shares transmitted to FundSERV for processing on or as of a given business day (Day 1) shall have been received by you prior to the Close of Trading on Day 1. Such orders shall receive the share price next calculated following the Close of Trading on Day 1 .You represent and warrant that orders received by you after the Close of Trading on Day 1 shall be treated by you and transmitted to FundSERV as if received on the next business day (Day 2). Such orders shall receive the share price next calculated following the Close of Trading on Day 2. You represent that you have systems in place reasonably designed to prevent orders received after the Close of Trading on Day 1 from being executed with orders received before the Close of Trading on Day 1.

  • Payment Processing Citizens may require any other information from Vendor that Citizens deems necessary to verify any compensation request placed under this Agreement and Vendor agrees that it will provide such information as reasonably requested by Citizens. Payment shall be due net thirty (30) calendar days of Citizens’ actual receipt of a complete and undisputed invoice. Where a submitted invoice is incomplete, such as not containing the information described in this Section, Citizens will return the incomplete invoice to Vendor for correction within thirty (30) calendar days of Citizens’ actual receipt of such invoice. Where Citizens reasonably disputes any part of a complete invoice, such as the amount of the compensation request, Citizens shall pay any undisputed portion of the invoiced amount within (30) calendar days of Citizens’ actual receipt of the complete invoice and will describe the basis for the disputed portion of the invoiced amount. Where Vendor disagrees with Citizens dispute of any invoice, the Parties shall seek to resolve the dispute in accordance with the Dispute Resolution Process further described in this Agreement. In no case shall Citizens be subject to late payment interest charges where Vendor has submitted an incomplete invoice or where Citizens has reasonably disputed an invoice. Where Vendor fails to submit an invoice within twelve (12) calendar months of the Services for which compensation is being requested, Vendor acknowledges and agrees that any payment due for such Services is forfeited by Vendor for its failure to timely submit an invoice.

  • Processing Fees The Borrower acknowledges that processing fee as mentioned in the Schedule hereto has been paid by the Borrower.

  • Data Processing In this clause:

  • Processing Grievances The grievant shall be granted reasonable time off with pay from regularly scheduled duty hours to process a grievance, provided that the time off will be devoted to the prompt and efficient investigation and handling of grievances, subject to the following:

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