Common use of US ENTRIES Clause in Contracts

US ENTRIES. In the case of an Entry received for credit to an account maintained with Bank (an "On-Us Entry"), Bank shall credit the Receiver's account in the amount of such Entry on the Effective Entry Date contained in such Entry, provided the requirements set forth in this Service Description are met. If said requirements are not met, Bank may use reasonable efforts to credit the Receiver's account in the amount of such Entry no later than the next business day following such Effective Entry Date.

Appears in 5 contracts

Samples: Management Services Agreement, Management Services Agreement, www.mechanicsbank.com

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