Standard Positive Pay Service Sample Clauses

Standard Positive Pay Service. Standard Positive Pay Service makes your unmatched Exception Items available to you each Banking Day on Business Online Banking. Each Check received for payment that does not match the Check number and Dollar amount of any Check listed in the Master Issue File for that Account will be an Exception Item. We will correct encoding errors on the electronic check presentment file received from the Federal Reserve Bank before the Checks are posted against your Account and before your unmatched Exception Items are sent to Business Online Banking. We will use Commercially Reasonable efforts to compare Checks presented for encashment at any of our branches to the Master Issue File. If we refuse to cash any Exception Item, our refusal will not be deemed a wrongful dishonor. In the event we dishonor a Check, then we will refer its presenter to you. You acknowledge that Check information that you provide to us each Banking Day will not be available in the Master Issue File at Bank branches until at least thirty (30) minutes following your successfully uploading and confirming the Master Issue File.
Sample 1
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Standard Positive Pay Service. If you subscribe to and we activate our Standard Positive Pay Service for your Account, then we will make the images of your Exception Items available to you each Banking Day via UMB Direct identifying each Check that we received for payment that does not match the Check number and Dollar amount of any Check listed in the Master Issue File for that Account, or that we determine to be an Exception Item. We will correct encoding errors on the electronic check presentment file that we receive from the Federal Reserve Bank before the Checks are posted against your Account. We will use commercially reasonable efforts to compare Checks presented for encashment at any of our branches with the Master Issue File. If we refuse to cash any Exception Item, our refusal will not be deemed a wrongful dishonor. In the event we dishonor a Check, we will refer its presenter to you. You acknowledge that Check information you provide to us each Banking Day will not be available in the Master Issue File at our branches until at least thirty (30) minutes following our successfully uploading and confirming the Master Issue File.
Sample 1

Related to Standard Positive Pay Service

  • Death After Separation from Service But Before Benefit Distributions Commence If the Executive is entitled to benefit distributions under this Agreement, but dies prior to the commencement of said benefit distributions, the Bank shall distribute to the Beneficiary the same benefits that the Executive was entitled to prior to death except that the benefit distributions shall commence within thirty (30) days following receipt by the Bank of the Executive’s death certificate.

  • Separation Compensation In exchange for your agreement to the general release and waiver of claims and covenant not to sue set forth below and your other promises herein, the Company agrees to provide you with the following:

  • Director Compensation Petitioner shall not compensate members of the Charter School’s Governing Board in excess of reasonable expenses incurred in connection with actual attendance at board meetings or with performance of duties associated therewith.

  • Years of Service (i) A Participant’s Years of Service shall include all service performed for the Employer and ¨ Shall ¨ Shall Not include service performed for the Related Employer.

  • Plan Year The year for the purposes of the plan shall be from September 1 of one year, to August 31, of the following year, or such other years as the parties may agree to.

  • No Other Employment; Minimum Time Commitment During the Period of Employment, the Executive shall (i) devote substantially all of the Executive’s business time, energy and skill to the performance of the Executive’s duties for the Company, (ii) perform such duties in a faithful, effective and efficient manner to the best of his abilities, and (iii) hold no other employment without the express written approval of the Board. The Executive’s service on the boards of directors (or similar body) of other business entities is subject to the approval of the Board. The Company shall have the right to require the Executive to resign from any board or similar body (including, without limitation, any association, corporate, civic or charitable board or similar body) which he may then serve if the Board reasonably determines that the Executive’s service on such board or body interferes with the effective discharge of the Executive’s duties and responsibilities to the Company or that any business related to such service is then in competition with any business of the Company or any of its Affiliates, successors or assigns.

  • Highly Compensated Employee The term Highly Compensated Employee includes highly compensated active employees and highly compensated former employees.

  • Distributions on Account of Separation from Service If and to the extent required to comply with Section 409A, no payment or benefit required to be paid under this Agreement on account of termination of the Executive’s employment shall be made unless and until the Executive incurs a “separation from service” within the meaning of Section 409A.

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