Examples of Cutoff Time in a sentence
Business Days and Cut-off Time: Bank is open Monday through Friday excluding federal holidays.
Transfers to, from, or between Eligible Accounts that are made after that Cutoff Time or on a non-Business Day will be available on the next Business Day to cover all payments.
Pursuant to such allocation, Seller shall be entitled to all revenue and shall be responsible for all expenses for the period of time up to the Cut-off Time, and Purchaser shall be entitled to all revenue and shall be responsible for all expenses for the period of time following the Cut-off Time.
We may, in our option, execute Instructions received after the Cutoff Time on the same day that we receive the Instructions, but we shall have no legal obligation to do so.
Transfers to, from, or between Eligible Accounts that are made before the Cutoff Time of 4:00 p.m. (Eastern Time) on any Business Day will be effective immediately and the transferred funds will be available the same Business Day to cover all payments.