Destruction of Original Checks Sample Clauses

Destruction of Original Checks. If the Image upload is not successful, you will receive a message indicating that the upload and transmission was not completed. Do not destroy or void the check if this occurs. Alternatively, if an Image is successfully uploaded and transmitted to us, you will receive electronic confirmation that the Image has been accepted for processing. THE IMAGE HAS NOT BEEN PROCESSED AT THIS POINT. You agree to safely store the check in such a manner that others cannot gain access to it until the Payment has been applied to your Account. You agree to promptly provide us with any retained check if we request it. Once the Payment has been applied to your Account, you agree to immediately destroy the original check by conspicuously marking the front of the check as "Void" and shredding the check in order to ensure that it cannot be presented for payment a second time. • Hardware and Software. In order to use the RPC Service, you must have a mobile device with a current generation version of iOS or Android and you must have downloaded the most recent version of our mobile application.
AutoNDA by SimpleDocs
Destruction of Original Checks. Checks must be retained by the account holder until they have reviewed the account history to ensure the transaction was approved and accurately credited to the account. Once a check has been deposited successfully, we recommend storing the check in a secure location for 14 days. After 14 days and after confirmation that the deposited funds have been applied to the account correctly, the check should be destroyed. Destruction prevents the item from being presented for deposit at another time. Shredding is one way of destruction. The account holder is liable for checks that are presented more than once. Rejected Deposits - Deposits may be rejected at the Bank’s sole discretion. Rejected deposits are those not approved and accepted by the Bank and will not be submitted for processing. It is the responsibility of the account holder to review the account history to ensure the deposits have been accurately posted prior to usage of the funds. Reasoning for rejected deposits will not be available through Mobile Banking and/or Mobile Deposit, however, they include, but are not limited to, the following:
Destruction of Original Checks. You shall fully destroy each Original Check in your Check Image deposit fourteen (14) calendar days following crediting of your Check Image deposit or as CCNB may otherwise instruct to ensure that it is not represented for payment. In addition, you agree never to submit the item to CCNB or to any other person or entity for deposit or credit after the item has already been submitted and accepted by CCNB or any other person or entity. Prior to destruction, you shall maintain each Original Check in a secure location. You agree to use a commercially reasonably method to destroy each Original Check following the expiration of the retention period and that a paper shredder is one such method to assure destruction. You are responsible if an Original Check is misused following submission by Check Image deposit and its full destruction.
Destruction of Original Checks. After you receive confirmation that we have received an image, you must securely store the original check for 60 days following the date of confirmation, and make the original check accessible to us at our request. Upon our request during this 60 day period, you agree to deliver to us within 10 days, at your expense, the original check for which an image was previously submitted. If not provided in a timely manner, the amount of the original check will be reversed from your account. Promptly after the 60 day storage period expires, you agree to destroy the original check by first marking it “VOID” and then destroying it by cross- cut shredding or another commercially acceptable means of destruction. After destruction of an original check, the image will be the sole evidence of the original check. You agree that you will never present an original check for payment, once an image of the check has been confirmed as received through Mobile Deposit. You understand that you are responsible for any payment resulting from the processing of an original check that has already been paid through Mobile Deposit.
Destruction of Original Checks. It is Your sole responsibility to ensure Your checks are safely and properly stored and destroyed. Upon receipt of a confirmation from the Credit Union that We have received the image of an item and the item has been deposited to Your account, You agree to prominently xxxx the item as “VOID”. You agree to retain all checks, or a sufficient copy of the front and back of the items, for a period of at least thirty (30) days, and also agree to promptly provide these to the Credit Union if requested within five (5) business days at Your expense in order to aid in the clearing and collection process, resolve claims by third parties with respect to any item, or support Credit Union audits. After the 30 day retention period expires, You agree to properly destroy the item to ensure that it is not re-presented for payment. Acceptable destruction may be done by cross-cut shredding or another commercially acceptable means of destruction. UNAVAILABILITY OF SERVICES You understand and agree that Services may at times be temporarily unavailable due to maintenance, technical difficulties or any other reason. It is Your sole responsibility to verify that items deposited using the Services have been received and accepted for deposit by Us. In the event that the Services are unavailable, You acknowledge that You can deposit a check during business hours at a branch, through an ATM if applicable, or by mailing the check to one of Our branch locations listed on Our website xxx.xxxxx.xxx.
Destruction of Original Checks. You will be fully responsible for the destruction of the Checks. You agree to use commercially reasonable method(s) to destroy Original Checks after the required retention period has expired. You agree to destroy and dispose of the Original Checks with a high degree of care, including selecting and implementing appropriate destruction and disposal procedures. You are required to implement such procedures to ensure that the Original Checks are not accessed by unauthorized persons during the storage, destruction and disposal process and, once destroyed, the Original Checks are no longer readable or capable of being reconstructed (e.g., through the use of competent shredding equipment). The risk of loss associated with the accidental inclusion of a physical Check in the check collection process or with a lost, destroyed, stolen or misplaced Check shall be exclusively on the Account Owner.
Destruction of Original Checks. Upon receipt of confirmation that we have accepted an Image of an original Check, you understand and agree that you will retain possession of the original Check for a period of 30 calendar days, during which time you will ensure the safety and integrity of the original Check. You understand and agree that, at the expiration of this 30 calendar day period, you MUST destroy the original Check via a commercially acceptable means of destruction, including shredding (preferably via a cross-cut shredder), burning or pulverizing the original Check, after which the Image will be the only evidence of the original Check. You understand and agree that it is your responsibility to establish and maintain appropriate procedures and controls to safeguard the original Check and to prevent any further use. You agree that you will notify us IMMEDIATELY if you learn of the loss or theft of an original Check, an Image of which was transmitted via the Service for deposit to an Account. You understand and agree that, during such time as you retain the original Check, that we may require you to make the original Check available to us within 5 calendar days, at your expense. You further agree that if you fail to provide the original Check to us within 5 calendar days, we may reverse the deposit made to the Account, and that you will be responsible for any loss incurred by you, the Account owner or us as a result of such reversal. You understand and agree that once an Image of a Check has been transmitted via the Service, the original Check may never again be used for any purpose, particularly for deposit. Any violation of this provision may result in immediate termination of your access to the Service, and the recovery of any loss incurred by the Credit Union for any violation of this provision will be pursued by any collection means available to us.
AutoNDA by SimpleDocs
Destruction of Original Checks. You shall (a) maintain securely any original Check for a period of 60 days from the date on which the Check has been settled; (b) destroy such a Check by shredding after such 60 day period; and (c) ensure that such a Check is not duplicated, deposited, negotiated, rescanned or presented for payment as an original Check. You are liable for all losses and fees resulting from a Check being presented for deposit or payment more than once. Upon request by Bank, you shall promptly (but in all events within 5 business days) provide to Bank any original Check in your possession, or a sufficient copy of the front and back of the Check, if the original Check is no longer in existence.
Destruction of Original Checks. You shall fully destroy each Original Check in your Check Image deposit fourteen (14) calendar days following crediting of your Check Image deposit or as SouthState may otherwise instruct to ensure that it is not re-presented for payment. In addition, you agree never to submit the item to SouthState or to any other person or entity for deposit or credit after the item has already been submitted and accepted by SouthState or any other person or entity. Prior to destruction, you shall maintain each Original Check in a secure location. You agree to use a commercially reasonably method to destroy each Original Check following the expiration of the retention period and that a paper shredder is one such method to assure destruction. You are responsible if an Original Check is misused following submission by Check Image deposit and its full destruction.

Related to Destruction of Original Checks

  • DESTRUCTION OF PREMISES (A) If, during the term of this Lease, the Leased Premises are totally or partially destroyed by fire or the elements, so as to render the premises wholly unfit for occupancy, or make it impossible in the opinion of a licensed third party arbitrator knowledgeable in the child care business reasonably acceptable to Lessee and Lessor, for Lessee to conduct its business therein, then either Lessor or Lessee shall have the right to terminate this Lease from the date of such damage or destruction by giving written notice. The parties agree to use reasonable promptness to obtain the opinion of such licensed third party arbitrator. Upon the giving of such notice, Lessee shall immediately surrender the Leased Premises and all interest therein to Lessor, and in case of any such termination, Lessor may re-enter and repossess the Leased Premises and may dispossess all parties then in possession thereof. If not otherwise terminated, in the event the Leased Premises shall be repaired, restored, and rebuilt by Lessee with the use of insurance proceeds (which Lessor shall cooperate to make available), but otherwise at its own sole cost and expense, within one hundred eighty (180) days from the date of destruction (subject to force majuere as set forth in paragraph C hereof, then all rents payable by Lessee shall be abated during the period of repair and restoration to the extent Lessor shall be compensated by the proceeds of rents loss insurance. In no event shall Lessor be required to provide its own money for the repair or restoration of the Leased Premises other than the net proceeds of moneys received by it from any insurance policy or policies covering such loss or damages. Lessee shall be liable for repair of the Leased Premises with all reasonable speed, and the rents shall recommence on the date that the repairs are completed. Lessee shall be under no obligation to so repair during the last five (5) years of the term of the Lease, or as extended, but if Lessee shall desire to rebuild during the last 12 months of the Lease term, Lessor will make insurance proceeds available to rebuild the Leased Premises conditioned upon Lessee then exercising its next renewal option under the Lease. Lessor will make insurance proceeds available to rebuild the Leased Premises in the event Lessee rebuilds, except as stated above.

  • Loss, Theft, Destruction or Mutilation Upon receipt by the Company of evidence satisfactory to it, in the exercise of its reasonable discretion, of the ownership and the loss, theft, destruction or mutilation of this Warrant and, in the case of loss, theft or destruction, of indemnity reasonably satisfactory to the Company and, in the case of mutilation, upon surrender and cancellation thereof, the Company will execute and deliver in lieu thereof, without expense to the Holder, a new Warrant of like tenor dated the date hereof.

  • Loss, Theft, Destruction of Warrants Upon receipt of evidence satisfactory to the Issuer of the ownership of and the loss, theft, destruction or mutilation of any Warrant and, in the case of any such loss, theft or destruction, upon receipt of indemnity or security satisfactory to the Issuer or, in the case of any such mutilation, upon surrender and cancellation of such Warrant, the Issuer will make and deliver, in lieu of such lost, stolen, destroyed or mutilated Warrant, a new Warrant of like tenor and representing the right to purchase the same number of shares of Common Stock.

  • Return/Destruction of PHI 15.1 Business Associate in connection with the expiration or termination of the contract or grant shall return or destroy, at the discretion of the Covered Entity, all PHI received from Covered Entity or created or received by Business Associate on behalf of Covered Entity pursuant to this contract or grant that Business Associate still maintains in any form or medium (including electronic) within thirty (30) days after such expiration or termination. Business Associate shall not retain any copies of the PHI. Business Associate shall certify in writing for Covered Entity (1) when all PHI has been returned or destroyed and (2) that Business Associate does not continue to maintain any PHI. Business Associate is to provide this certification during this thirty (30) day period.

  • Loss, Theft, Destruction or Mutilation of Warrant The Company covenants that upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant or any stock certificate relating to the Warrant Shares, and in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it (which, in the case of the Warrant, shall not include the posting of any bond), and upon surrender and cancellation of such Warrant or stock certificate, if mutilated, the Company will make and deliver a new Warrant or stock certificate of like tenor and dated as of such cancellation, in lieu of such Warrant or stock certificate.

  • Destruction of Property A. If flood, fire, storm, mold, other environmental hazards that pose a risk to the occupants health, other casualty or Act of God shall destroy (or so substantially damage as to be uninhabitable) Premises, rent shall xxxxx from the date of such destruction. Landlord or Tenant may, by written notice, within 30 (thirty) days of such destruction, terminate this Lease, whereupon rent and all other obligations hereunder shall be adjusted between the parties as of the date of such destruction.

  • Data Destruction When no longer needed, all County PHI or PI must be cleared, purged, or destroyed consistent with NIST Special Publication 800-88, Guidelines for Media Sanitization such that the PHI or PI cannot be retrieved.

  • Insurance; Damage to or Destruction of Collateral (a) The Credit Parties shall, at their sole cost and expense, maintain the policies of insurance described on Disclosure Schedule (3.18) as in effect on the date hereof or otherwise in form and amounts and with insurers reasonably acceptable to Agent. Such policies of insurance (or the loss payable and additional insured endorsements delivered to Agent) shall contain provisions pursuant to which the insurer agrees to provide 30 days prior written notice to Agent in the event of any non-renewal, cancellation or amendment of any such insurance policy. If any Credit Party at any time or times hereafter shall fail to obtain or maintain any of the policies of insurance required above or to pay all premiums relating thereto, Agent may at any time or times thereafter obtain and maintain such policies of insurance and pay such premiums and take any other action with respect thereto that Agent deems advisable. Agent shall have no obligation to obtain insurance for any Credit Party or pay any premiums therefor. By doing so, Agent shall not be deemed to have waived any Default or Event of Default arising from any Credit Party's failure to maintain such insurance or pay any premiums therefor. All sums so disbursed, including reasonable attorneys' fees, court costs and other charges related thereto, shall be payable on demand by Borrower to Agent and shall be additional Obligations hereunder secured by the Collateral.

  • Destruction If the Premises is totally or partially destroyed during the Term, rendering the Premises totally or partially inaccessible or unusable, then (i) Landlord shall restore the Premises to substantially the same condition as it was in immediately before such destruction (including Landlord’s Work), (ii) Landlord will not be required to restore Tenant’s Alterations or Tenant’s Personal Property unless they are an integral part of the Premises and specifically covered by insurance proceeds received by Landlord, such excluded items being the sole responsibility of Tenant to restore, (iii) the destruction will not terminate this Lease, and (iv) all obligations of Tenant under this Lease will remain in effect, except that the Basic Monthly Rent will be abated or reduced, between the date of the destruction and the date of completion of restoration, by the ratio of (a) the area of the Premises rendered unusable or inaccessible by the destruction to (b) the area of the Premises before the destruction. Notwithstanding the foregoing, Tenant may terminate this Lease by so notifying Landlord in writing within 30 days after the destruction if (x) then-existing laws do not permit such restoration, (y) the destruction occurs during the last year of the Term, or (z) Tenant reasonably establishes that substantial completion of the restoration will not occur within 12 months after the date of the destruction. Conversely, notwithstanding anything to the contrary in this Lease, Landlord may terminate this Lease by so notifying Tenant in writing on or before the later of 90 days after the destruction or 30 days after Landlord’s receipt of the proceeds from insurance maintained by Landlord, if (A) then-existing Applicable Regulations do not permit such restoration, (B) the destruction occurs during the last year of the Term, (C) the destruction exceeds 25 percent of the then-replacement value of the Building, or (D) Landlord reasonably determines that the cost of the restoration exceeds the amount of insurance proceeds relating to the destruction actually received by Landlord (excluding deductibles contemplated by the applicable insurance policy, if any). If Tenant or landlord terminates this Lease in accordance with this paragraph, then (1) Landlord has no obligation to restore the Premises, (2) Landlord retains all insurance proceeds relating to such destruction, and (3) this Lease terminates as of 30 days after the notice of termination from Tenant or Landlord. If Landlord restores the Premises as provided above, then Tenant waives the provisions of California Civil Code Sections 1932(2) and 1933(4) or any successor statute with respect to any destruction of the Premises.

  • Destruction or Damage In the event any of the Property is damaged or destroyed prior to the Closing Date, Seller shall notify Buyer in writing of such fact promptly after obtaining knowledge thereof. If any such damage or destruction: (i) (a) is an insured casualty and (b) would cost less than an amount equal to ten percent (10%) of the Purchase Price to repair or restore, and (ii) does not result in a termination of the Lease, then this Agreement shall remain in full force and effect and Buyer shall acquire the Property upon the terms and conditions set forth herein. The cost of repair shall be determined by an architect and contractor selected by Seller and reasonably approved by Buyer. In such event, Buyer shall receive a credit against the Purchase Price equal to the deductible amount applicable under Seller's casualty policy less all costs and expenses, including reasonable attorneys' fees and costs, incurred by Seller as of the Closing Date in connection with the negotiation and/or settlement of the casualty claim with the insurer ("REALIZATION Costs"), and Seller shall assign to Buyer all of Seller's right, title and interest in and to all proceeds of insurance on account of such damage or destruction. In the event the Property is damaged or destroyed prior to the Closing Date and the cost of repair would equal or exceed an amount equal to ten percent (10%) of the Purchase Price, or the casualty is an uninsured casualty, then, notwithstanding anything to the contrary set forth above in this section, Buyer shall have the right, at its election, to terminate this Agreement. Buyer shall have ten (10) days after Seller notifies Buyer of the cost of repairing the damage to make such election by delivery to Seller of a written election notice ("ELECTION NOTICE") and the Closing Date shall be extended, if necessary, to provide sufficient time for Buyer to make such election. The failure by Buyer to deliver the Election Notice within such ten (10) day period shall be deemed an election to terminate this Agreement. Notwithstanding anything contained in Section 7.1(d) to the contrary, any termination by Buyer under this Section 11.2 shall not result in a termination of Buyer's right to acquire any remaining Portfolio Properties under the Portfolio Agreements. In the event Buyer does not elect to terminate this Agreement as set forth above, this Agreement shall remain in full force and effect, Seller shall assign to Buyer all of Seller's right, title and interest in and to any and all proceeds of insurance on account of such damage or destruction, if any, and, if the casualty was an insured casualty, Buyer shall receive a credit against the Purchase Price equal to the deductible amount (less the Realization Costs) under Seller's casualty insurance policy.

Time is Money Join Law Insider Premium to draft better contracts faster.