Common use of Reverse Positive Pay Clause in Contracts

Reverse Positive Pay. Cut-Off 9:30 p.m. 8:30 p.m. • Presentment Transmission For items received by us prior to the Cut-Off on any banking day, the daily transmission will generally be made available at 4:00 a.m. on the next banking day following presentment (items received after the Cut-Off may be made available on the following banking day). For items received by us prior to the Cut-Off on any banking day, the daily transmission will generally be made available at 3:00 a.m. on the next banking day following presentment (items received after the Cut-Off may be made available on the following banking day). • Bouncer Deadline 2:00 p.m. on the same day that we transmitted the daily transmission to which the bouncer sheet relates. 1:00 p.m. on the same day that we transmitted the daily transmission to which the bouncer sheet relates. • Cut-Off Bank Routing/Transit (“RT”) – 10:00 p.m. Bank Routing/Transit (“RT”) – 9:00 p.m. • Presentment Transmission Bank RT-For Drafts received by us prior to the Cut-Off On any banking day, a Draft List may be made available to you, on request, generally by 4:00 a.m. on the Following bnking day. Bank RT-For Drafts received by us prior to the Cut-Off On any banking day, a Draft List may be made available to you, on request, generally by 3:00 a.m. on the Following bnking day. • Bouncer Deadline 10:00 a.m. on the next banking day following the date of the Draft List identifying the relevant Draft. 9:00 a.m. on the next banking day following the date of the Draft List identifying the relevant Draft. • Bouncer Acknowledgment ury Services Agreement ember 2022 1:00 p.m. on the day we receive the Draft Bouncer Sheet, if received prior to the Bouncer Deadline. 12:00 noon on the day we receive the Draft Bouncer Sheet, if received prior to the Bouncer Deadline. Page 43 of 57 Link to Top Exhibit 1 Link to Table of Contents • Cut-Off Controlled Disbursement Routing/ Transit (“RT”) – 12:00 noon (or later based on FRB Presentment Delivery) • Presentment Transmission Controlled Disbursement RT – For drafts received by us prior to the Cut- Off on any banking day, if requested, a Draft List may generally be made available to you by 1:00 p.m. on such day. Drafts received after the Cut-Off will be presented on the Draft List for the next banking day. • Bouncer Deadline 10:00 a.m. on the next banking day following the date of the Draft List identifying the relevant Draft. • Bouncer Acknowledgment 1:00 p.m. on the day we receive the Draft Bouncer Sheet, if received prior to the Bouncer Deadline. Controlled Disbursement RT – 11:00 a.m. (or later based on FRB Presentment Delivery) Controlled Disbursement RT – For drafts received by us prior to the Cut- Off on any banking day, if requested, a Draft List may generally be made available to you by 12:00 noon. on such day. Drafts received after the Cut- Off will be presented on the Draft List for the next banking day. 9:00 a.m. on the next banking day following the date of the Draft List identifying the relevant Draft. 12:00 noon on the day we receive the Draft Bouncer Sheet, if received prior to the Bouncer Deadline.

Reverse Positive Pay. Cut-Off 9:30 p.m. 8:30 p.m. • Presentment Transmission For items received by us prior to the Cut-Off on any banking day, the daily transmission will generally be made available at 4:00 a.m. on the next banking day following presentment (items received after the Cut-Off may be made available on the following banking day). For items received by us prior to the Cut-Off on any banking day, the daily transmission will generally be made available at 3:00 a.m. on the next banking day following presentment (items received after the Cut-Off may be made available on the following banking day). • Bouncer Deadline 2:00 p.m. on the same day that we transmitted the daily transmission to which the bouncer sheet relates. 1:00 p.m. on the same day that we transmitted the daily transmission to which the bouncer sheet relates. • Cut-Off Bank Routing/Transit (“RT”) – 10:00 p.m. Bank Routing/Transit (“RT”) – 9:00 p.m. • Presentment Transmission Bank RT-For Drafts received by us prior to the Cut-Off On any banking day, a Draft List may be made available to you, on request, generally by 4:00 a.m. on the Following bnking day. Bank RT-For Drafts received by us prior to the Cut-Off On any banking day, a Draft List may be made available to you, on request, generally by 3:00 a.m. on the Following bnking day. • Bouncer Deadline 10:00 a.m. on the next banking day following the date of the Draft List identifying the relevant Draft. 9:00 a.m. on the next banking day following the date of the Draft List identifying the relevant Draft. • Bouncer Acknowledgment ury Services Agreement ember 2022 1:00 p.m. on the day we receive the Draft Bouncer Sheet, if received prior to the Bouncer Deadline. 12:00 noon on the day we receive the Draft Bouncer Sheet, if received prior to the Bouncer Deadline. Page 43 of 57 Link to Top Exhibit 1 Link to Table of Contents • Cut-Off Controlled Disbursement Routing/ Transit (“RT”) – 12:00 noon (or later based on FRB Presentment Delivery) • Presentment Transmission Controlled Disbursement RT – For drafts received by us prior to the Cut- Off on any banking day, if requested, a Draft List may generally be made available to you by 1:00 p.m. on such day. Drafts received after the Cut-Off will be presented on the Draft List for the next banking day. • Bouncer Deadline 10:00 a.m. on the next banking day following the date of the Draft List identifying the relevant Draft. • Bouncer Acknowledgment 1:00 p.m. on the day we receive the Draft Bouncer Sheet, if received prior to the Bouncer Deadline. Controlled Disbursement RT – 11:00 a.m. (or later based on FRB Presentment Delivery) Controlled Disbursement RT – For drafts received by us prior to the Cut- Off on any banking day, if requested, a Draft List may generally be made available to you by 12:00 noon. on such day. Drafts received after the Cut- Off will be presented on the Draft List for the next banking day. 9:00 a.m. on the next banking day following the date of the Draft List identifying the relevant Draft. 12:00 noon on the day we receive the Draft Bouncer Sheet, if received prior to the Bouncer Deadline.