Cheque Cashing Clause Samples

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Cheque Cashing. 2.8.1 The Disclosure Letter contains:- 2.8.1.1 details of any refusals during the period ("the Specified Period") of ---------------------- twelve months prior to the date of this agreement by the Company's bankers to collect Third Party Cheques encashed by the Company, together with an explanation in each case of why the refusal was made and the ultimate resolution or outcome of the matter; 2.8.1.2 details of any challenges to the Company's ability to collect payment on Third Party Cheques, which shall have been made by paying bank which amount in the aggregate to more than (Pounds)300,000 in any consecutive period of three months during the Specified Period; 2.8.12.3 details of all legal proceedings in which the Company has been involved during the Specified Period in relation to the encashment of Third Party Cheques for any single claim in excess of (Pounds)5,000. 2.8.2 It is the Group's policy not to accept post dated Customer's Cheques with or without a cheque guarantee card; and the Vendors acknowledge that UK clearing banks have no obligation to satisfy any guarantee on their part to pay a cheque supported by a cheque guarantee card if the cheque is post dated.
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Cheque Cashing. CASH ADVANCES AND/OR CASH REFUNDS: No cash advances and/or cash refunds are permitted directly to Card Members. SBI will not be liable for such actions except for making transactions under Cash @ PoS. Disbursement to the maximum limit prescribed by RBI under the Cash @ PoS scheme at identified Merchant Establishments as per Annexure B (2).
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Cheque Cashing. You must cash personal cheques up to $250 per stay for Cardmembers who are paying for their stay with a Card, subject to cash availability. We will reimburse you for cheques that are returned to you unpaid, if you have followed our instructions.
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Cheque Cashing. The Disclosure Letter contains an accurate and detailed explanation of the procedures which the Company instructs its employees to follow in relation to Third Party Cheque Cashing, together with:- 2.8.1 an explanation of the manner in which the Company carries on the business of Third Party Cheque Cashing; 2.8.2 details of any advice (professional or otherwise) received on the drafting of the Company's standard terms of business in relation to Third Party Cheque Cashing together with an explanation of the reasons for the changes made from time to time; 2.8.3 details of any refusals by the Company's bankers to collect Third Party Cheques encashed by the Company, together with an explanation in each case of why the refusal was made and the ultimate resolution or outcome of the matter; 2.8.4 details of any challenge to the Company's ability to collect payment on Third Party Cheques, by any person, including the drawer of the cheque, the payee, the paying bank and the collecting bank (other than an inability to collect by reason of lack of funds in the relevant account); 2.8.5 details of all legal proceedings in which the Company has ever been involved in relation to the encashment of Third Party Cheques; and 2.8.6 details of the Company's policies applied to determine whether it will encash a Third Party Cheque including the credit worthiness and suitability of a prospective customer and/or enquiries made of the drawer of the cheque and others.
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Cheque Cashing. 2.8.1 The Disclosure Letter contains an analysis of the procedures followed by the Company in relation to Third Party Cheque Cashing, together with:- 2.8.1.1 a fair summary of the legal basis upon which the Company carries on the business of Third Party Cheque Cashing and on which it relies on being able to collect payment on the relevant Third Party Cheque through its own bankers; 2.8.1.2 details of any material advice (professional or otherwise) received on the drafting of the Company's standard terms of business in relation to Third Party Cheque Cashing together with an explanation of the reasons for the changes made from time to time; 2.8.1.3 details of any refusals by the Company's bankers to collect Third Party Cheques encashed by the Company, together with an explanation in each case of why the refusal was made and the ultimate resolution or outcome of the matter; 2.8.1.4 details of the nature of any challenge to the Company's ability to collect payment on Third Party Cheques, by any person, including the drawer of the cheque, the payee, the paying bank and the collecting bank; 2.8.1.5 details of all legal proceedings in which the Company has ever been involved as a defendant or co-defendant in relation to the encashment of Third Party Cheques; and 2.8.1.6 details of the Company's policies applied to determine whether it will encash a Third Party Cheque including the credit worthiness and suitability of a prospective customer and/or enquiries made of the drawer of the cheque and others. 2.8.2 It is the Company's policy not to accept post dated or deferred bank Customer's Cheques with or without a cheque guarantee card in support and so far as the Vendors are aware UK clearing banks have no obligation to satisfy any guarantee on their part to pay a cheque supported by a cheque guarantee card if the cheque is post dated. 2.8.3.1 The Company complies with the current APACS rules of the cheque guarantee card scheme (to the extent that the rules apply to the business carried on by the Company) and more particularly Customers Cheques which are secured with a cheque guarantee card are presented to the collecting bank no later than 3 days after the date upon which the cheque is received by the Company; 2.8.3.2 All Franchisees who are franchised by the Company to carry on First Party Cheque Cashing are instructed by the Company to comply with the current APACS rules of the cheque guarantee card scheme and more particularly Customers Cheques which are secured...
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Related to Cheque Cashing

  • CHECK The employee will have the option to repay the overpayment over a period of time equal to the number of pay periods during which the overpayment was made. The employee and the Employer may agree to make other repayment arrangements. The payroll deduction to repay the overpayment will not exceed five percent (5.0%) of the employee’s disposable earnings in a pay period. However, the Employer and employee can agree to an amount that is more than the five percent (5.0%). If the employee fails to choose one (1) of the three (3) options described above within the timeframe specified in the Employer’s written notice of overpayment, the Employer will deduct the overpayment owed from the employee’s wages over a period of time equal to the number of pay periods during which the overpayment was made. Any overpayment amount still outstanding at separation of employment will be deducted from the earnings of the final pay period.

  • Checks 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.

  • Cash Any U.S. dollars available to the Depositary resulting from a cash dividend or other cash distribution or the net proceeds of sales of any other distribution or portion thereof authorized in this paragraph (10) ("Cash"), on an averaged or other practicable basis, subject to (i) appropriate adjustments for taxes withheld, (ii) such distribution being impermissible or impracticable with respect to certain Holders, and (iii) deduction of the Depositary's expenses in (1) converting any foreign currency to U.S. dollars by sale or in such other manner as the Depositary may determine to the extent that it determines that such conversion may be made on a reasonable basis, (2) transferring foreign currency or U.S. dollars to the United States by such means as the Depositary may determine to the extent that it determines that such transfer may be made on a reasonable basis, (3) obtaining any approval or license of any governmental authority required for such conversion or transfer, which is obtainable at a reasonable cost and within a reasonable time and (4) making any sale by public or private means in any commercially reasonable manner. (b)

  • Cash and Cash Equivalents Cash and cash equivalents include cash on hand and on deposit and investments in highly liquid debt instruments with initial maturities of three months or less.

  • Cashing Out of Annual Leave (a) Paid Annual Leave must not be cashed out except in accordance with an agreement under clause 41.8. (b) Each cashing out of a particular amount of paid Annual Leave must be the subject of a separate agreement under clause 41.8. (c) The Employer and an Employee may agree in writing to the cashing out of a particular amount of accrued paid Annual Leave by the Employee. An agreement this clause must state: (i) the amount of Annual Leave to be cashed out and the payment to be made; and (ii) the date on which the payment is to be made. (d) An agreement under clause 41.8 must be signed by the Employer and Employee and, if the Employee is under 18 years of age, by the Employee’s parent or guardian. (e) The payment must not be less than the amount that would have been payable had the Employee taken the Annual Leave at the time the payment is made. (f) An agreement must not result in the Employee’s remaining accrued entitlement to paid Annual Leave being less than four (4) weeks. (g) The Employer must keep a copy of any agreement under clause 41.8 as an Employee record.