NSF Cheques. The Purchaser acknowledges that he shall be responsible for the payment to the Vendor as a credit to the Vendor on the Adjustments on the Closing Date, the sum of $500.00 representing the charge payable for each cheque payable to the Vendor from the Purchaser which is returned as non-sufficient funds or funds not cleared, to the Vendor with respect to any deposits payable pursuant to this Agreement or any extras requested by the Purchaser prior to the Closing Date.
NSF Cheques. In the event that the exhibitor’s cheque is returned by a bank due to insufficient funds, a $50 administration fee will be charged to the exhibitor.
NSF Cheques. The Company shall institute a new process so that NSF cheque chargebacks are reversed within the same invoice within three months of ratification.
NSF Cheques. If a cheque received from the Tenant is returned by the Tenant’s bank, trust company or financial institution for reason of insufficient funds, or for any reason other than clerical error, a minimum administrative charge of not less than Fifty Dollars ($50.00), plus Sales Tax, will be levied and paid by the Tenant for processing each returned cheque.
