Common use of Recurring Payments Clause in Contracts

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a process date is calculated for the next occurrence of the payment.

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a process date is calculated for the next occurrence of the payment.. If the calculated process date is a non-business date (generally weekends and certain holidays), it is adjusted based upon the following rules:

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings 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:

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a process date is calculated for the next occurrence of the payment. If the calculated process date is a non- business date (generally weekends and certain holidays), then the process date for the new occurrence of the payment is adjusted to the first business date before the calculated process date.

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a process processing date is calculated for the next occurrence of the payment.

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a process date is calculated for the next occurrence of the payment.. If the calculated process date is a non-business date (generally weekends and certain holidays), it is adjusted based upon the following rules: (i) If the recurring payment’s "Pay Backward" option is selected, the process date for the new occurrence of the payment is adjusted to the first business date prior to the

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings setting for the payment, a process date Process Date is calculated for the next occurrence of the payment.. If the calculated Process Date is a non-business date (generally weekends and certain holidays), it is adjusted based upon the following rules:

Recurring Payments. When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a process processing date is calculated for the next occurrence of the payment.. If the calculated processing date is a non-business day, it is adjusted based upon the following rules: