Common use of COUNTERMANDS Clause in Contracts

COUNTERMANDS. Any countermand of payment (commonly called a "stop payment") of a cheque or other negotiable Instrument drawn on the Account must be in writing and signed by the Authorized User who signed the cheque or other negotiable Instrument that is the subject of the countermand, or by some other person(s) duly authorized by the Depositor. On receiving a countermand of payment of a cheque or other negotiable Instrument drawn on the Account, the Credit Union:

COUNTERMANDS. Any countermand of payment (commonly called a "stop payment") of a cheque or other negotiable Instrument drawn on the Account must be in writing and signed by the Authorized User who signed the cheque or other negotiable Instrument that is the subject of the countermand, or by some other person(s) duly authorized by the DepositorTrustee. On receiving a countermand of payment of a cheque or other negotiable Instrument drawn on the Account, the Credit Union:

COUNTERMANDS. Any countermand of payment (commonly called a "stop payment") of a cheque or other negotiable Instrument drawn on the Account must be in writing and signed by the Authorized User Depositor who signed the cheque or other negotiable Instrument that is the subject of the countermand, or by some other person(s) duly authorized by the Depositor. On receiving a countermand of payment of a cheque or other negotiable Instrument drawn on the Account, the Credit Union: