Dishonor Sample Clauses

Dishonor. Each Banking Day, IFTC shall initiate procedures to dishonor and return all Drafts listed on the Daily Report sent by it to the Fund with respect to the previous Banking Day, which: (i) were listed on the Exception Report received by IFTC on such Banking Day as being Drafts to be dishonored, (ii) for which stop payment orders became effective or on which IFTC elected to act pursuant to its authority set forth in Section 5 hereof, or (iii) which were listed on the Notice of Proposed Dishonor sent by IFTC to Fund and for which IFTC did not receive an Exception Report or other notification authorizing and instructing IFTC to honor such Drafts. All such Drafts will be returned by IFTC with such notation as IFTC may from time to time deem appropriate. IFTC will provide direct notice of dishonor to the depository bank for each dishonored Draft if such notice is required pursuant to Regulation CC of the Board of Governors of the Federal Reserve System.
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Dishonor. In the event that the check delivered as downpay­ment upon the signing of this Contract is dishonored for any reason by the bank upon which it is drawn, the Seller may at his option declare Seller's obligations under the Contract null and void and Seller shall be relieved of all obligations thereunder.
Dishonor. If a transfer cannot be made, with or without cause on your part, SkyOne shall be under no liability whatsoever. Scan and email the form: XxxxxxxxxxXxxxxxx@XxxXxx.xxx Fax: SkyOne Federal Credit Union ATTN: Operations Support 310.491.7410 Mail: SkyOne Federal Credit Union ATTN: Operations Support
Dishonor. In the event that Lessee's rental payment is dishonored when negotiated by Lessor or its agents, Lessor shall have no obligation to redeposit the same, and reserves the right to demand that all future rental payments be made by money order or certified funds. Lessee shall pay to Lessor the sum of $50.00 for any dishonored payment.

Related to Dishonor

  • Protest The Design Professional’s decision as to abnormal weather delay shall be subject to protest by either the Contractor or the Owner as set forth in Section 5, Part 2.

  • Notice of Nonpayment The Borrower will advise the City immediately in writing if Borrower receives any notice, written or oral, from any professional, laborer, contractor or material furnisher to the effect that the professional, laborer, contractor or material furnisher has not been paid for any professional services, labor or materials furnished to, on or in the Property.

  • Nonpayment Failure by any Borrower to pay any principal or interest on the Obligations when due, whether at maturity or by reason of acceleration pursuant to the terms of this Agreement or by notice of intention to prepay, or by required prepayment or failure to pay any other liabilities or make any other payment, fee or charge provided for herein when due or in any Other Document;

  • Presentment The manner in which the items are cleared, presented for payment, and collected shall be in the Bank’s sole discretion subject to the agreements governing your account.

  • Other Notices In case at any time:

  • Notice of Default The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Event of Default unless the Administrative Agent has received notice from a Lender or the Borrower referring to this Agreement, describing such Default or Event of Default and stating that such notice is a “notice of default”. In the event that the Administrative Agent receives such a notice, the Administrative Agent shall give notice thereof to the Lenders. The Administrative Agent shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the Required Lenders (or, if so specified by this Agreement, all Lenders); provided that unless and until the Administrative Agent shall have received such directions, the Administrative Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such Default or Event of Default as it shall deem advisable in the best interests of the Lenders.

  • Notice of Defaults If a Default or Event of Default occurs and is continuing and if it is known to the Trustee, the Trustee shall mail to Holders of Notes a notice of the Default or Event of Default within 90 days after it occurs. Except in the case of a Default or Event of Default in payment of principal of, premium, if any, or interest on any Note, the Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of the Holders of the Notes.

  • Notice of Default, etc Promptly after the Borrower knows that any Default or any Material Adverse Effect has occurred, a notice of such Default or Material Adverse Effect, describing the same in reasonable detail and the action the Borrower proposes to take with respect thereto.

  • Nonperformance As used in this Contract, “failure to perform” means failure, for whatever reason, to deliver goods and/or perform work as specified and scheduled in this Contract. If Contractor fails to perform under this Contract, then District, after giving seven days’ written notice and opportunity to cure to Contractor, has the right to complete the work itself, to obtain the contracted goods and/or services from other contractors, or a combination thereof, as necessary to complete the work. Both parties agree that Contractor shall bear any reasonable cost difference, as measured against any unpaid balance due Contractor, for these substitute goods or services.

  • Waiver of Presentment To the fullest extent permitted by law and except as otherwise provided herein, the Guarantors waive demand, presentment, protest, notice of dishonor, suit against or joinder of any other person, and all other requirements necessary to charge or hold each Guarantor liable with respect to this Guaranty.

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