ENDORSMENT Sample Clauses
An endorsement clause serves to modify, add to, or clarify the terms of an existing contract or insurance policy. In practice, this clause allows parties to formally document changes such as adding new coverage, altering policy limits, or specifying additional insureds. By providing a clear mechanism for amending agreements, the endorsement clause ensures that all parties are aware of and agree to any updates, thereby reducing misunderstandings and maintaining the integrity of the original contract.
ENDORSMENT. A. You agree to restrictively endorse any check transmitted through the service by supplying the following verbiage:
1. “For Mobile Deposit Only”
2. Your CommonWealth Credit Union Account Number
3. Your legally-binding signature
B. You further agree that we may handle and process any check image you transmit to us through the service in accordance with the terms of this Agreement notwithstanding any restrictive, qualified, or conditional endorsement you may apply to the check without or approval or direction.