Checks and Notes Clause Samples
The "Checks and Notes" clause outlines the procedures and requirements for making payments via checks or promissory notes under an agreement. It typically specifies acceptable forms of payment, details about how and where checks or notes should be delivered, and any conditions that must be met for such payments to be considered valid. For example, it may require that checks be drawn on a reputable bank or that notes be payable on demand. This clause ensures clarity and consistency in payment methods, reducing the risk of disputes over how payments are made and received.
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Checks and Notes. All checks or demands for money and notes of the corporation shall be signed by such officer or officers or such other person or persons as the board of directors may from time to time designate.
Checks and Notes. All checks and other demands for money and notes and any other instrument for the payment of money shall be signed on behalf of the Company by such Officer or by such other person or persons as the Board of Managers may from time to time designate. The signature of such Officer or any such other person may be a facsimile if so authorized by the Board of Managers.
Checks and Notes. All checks and drafts on the bank accounts of the Corporation, all bills of exchange and promissory notes of the Corporation, and all acceptances, obligations and other instruments for the payment of money drawn, signed or accepted by the Corporation, shall be signed or accepted, as the case may be, by such officer or officers, agent or agents as shall be thereunto authorized from time to time by the Board of Directors or by officers of the Corporation designated by the Board of Directors to make such authorization.
Checks and Notes. Without limiting section 6.2 of this article, all checks, drafts, bills of exchange and promissory notes and other negotiable instruments of the Corporation may be signed by any one or more directors or officers of the Corporation or as may otherwise be designated by the board of directors.
Checks and Notes. Notwithstanding the provisions of Article 12.1 and except as otherwise specifically determined by a resolution of the Board of Directors, or as otherwise required by law, checks, drafts, promissory notes, orders for the payment of money and other evidence of indebtedness of the Association with an aggregate value of less than twenty thousand euros (€20,000) over any quarter may be approved for payment by the President, the General Secretary or the Treasurer. Notwithstanding the provisions of Article 12.1, checks, drafts, promissory notes, orders for the payment of money and other evidence of indebtedness with an aggregate value of more than twenty thousand euros (€20,000) shall be approved for payment by of two (2) or more of the abovementioned officers and in accordance with the financial policy of the Association as approved by the Board of Directors.
Checks and Notes. Other than the checks and notes recorded in the books and records, the Company has not issued nor endorsed any checks or notes.
Checks and Notes. Except as otherwise specifically determined by resolution of the Board, or as otherwise required by law, checks, drafts, promissory notes, orders for the payment of money, and other evidence of indebtedness of the Corporation shall be signed by the Secretary and a second officer of the Corporation. In cases where the amount is equal to or less than a pre- determined threshold determined by the Board the signature of the Secretary alone will be sufficient.
Checks and Notes. All checks, demands for money and notes of the Joint Venture shall be signed by such person or persons as the Venturers may from time to time designate.
Checks and Notes. Except as otherwise resolved by the Board or as required by law, any checks, notes or other manifestation of a financial obligation by the Corporation must be signed or otherwise expressly authorized by either the President, Treasurer or the Executive Director.
Checks and Notes. Except as otherwise specifically provided by Board resolution, checks, drafts, promissory notes, orders of the payment of money, and other evidence of indebtedness of the Corporation may be signed by the Chair, the Chair-elect, the Treasurer, the Secretary, or the Corporation’s School Director.