Common use of Stop Payment Orders Clause in Contracts

Stop Payment Orders. If You request us to stop payment on an item, We will make a good faith effort to do so. The stop payment order must describe the check with reasonable certainty. If the stop payment order does not do so or if We do not have a reasonable opportunity to act on it, We will not be liable if We do not stop payment, or if our payment of the item(s), causes other items to be returned for insufficient funds. If We do stop payment of an item at Your direction, You agree to pay all costs We may incur as a result. An oral stop payment order expires after 14 days unless We receive written confirmation from You within that time. A stop payment order is only good for 180 days, but You may renew it by written request that We receive before it expires.

Stop Payment Orders. If You request us Us to stop payment on an item, We will make a good faith effort to do so. The stop payment order must describe the check Check with reasonable certainty. If the stop payment order does not do so or if We do not have a reasonable opportunity to act on it, We will not won’t be liable if We do not fail to stop payment, or if our Our payment of the item(s), causes other items to be returned for insufficient funds. If We do stop payment of an item at Your direction, You agree to pay all costs We may incur as a result. An oral stop payment order expires after is good for only 14 days unless We receive written confirmation from You within that time. A stop payment order is only good for 180 365 days, but You may renew it by a written request notice that We receive before it expires.