Common use of Exception Items Clause in Contracts

Exception Items. When we review and process your ICL Files, we may, but are not obligated to, reject any file that we, in our sole discretion, determine to be ineligible for the ICL Service (each, an “Exception Item”) including, without limitation, electronic images of checks drawn on banks located outside the United States, checks drawn on United States banks in foreign currency, electronic images that are illegible (due to poor image quality or otherwise), electronic images of checks previously processed, electronic images previously converted to substitute checks, and electronic images with unreadable MICR information. We will notify you of all Exception Items and related adjustments in writing. You agree that if you wish to attempt to deposit any Exception Item to any of your accounts with us, you will only do so by depositing the original paper item on which the Exception Item is based. You acknowledge and agree that even if we do not initially identify an electronic image as an Exception Item, the substitute check created by us may nevertheless be returned to us because, among other reasons, the electronic image is deemed illegible by Paying Bank. Our failure to identify an Exception Item will not preclude or limit the obligation of you to us.

Exception Items. When we review and process your ICL FilesElectronic File, we may, but are not obligated to, may reject any file Electronic Image that we, in our sole discretion, determine to be ineligible for the ICL Service (each, an “Exception Item”) including, without limitation, electronic images Electronic Images of checks items drawn on banks located outside the United States, checks drawn on United States banks a foreign bank or payable in foreign currency, electronic images that are illegible (due to poor image quality or otherwise)) or with unreadable MICR information, electronic images and Electronic Images of checks Items previously processed, electronic images processed or previously converted to substitute checks, and electronic images with unreadable MICR information. We will notify you of all Exception Items and related adjustments in writing. You agree that if you wish to attempt to deposit any Exception Item to any of your accounts with us, you will only do so by depositing the original paper item Paper Item on which the Exception Item is based. You acknowledge and agree that even if we do not initially identify an electronic image Electronic Image as an Exception Item, the substitute check created by us may nevertheless be returned to us because, among other reasons, the electronic image Electronic Image is deemed illegible by Paying Bank. Our failure to identify an Exception Item will not preclude or limit the obligation of you your obligations to us.

Exception Items. When we review and process your ICL FilesElectronic File, we may, but are not obligated to, may reject any file Electronic Image that we, in our sole discretion, determine to be ineligible for the ICL Service (each, an “Exception Item”) including, without limitation, electronic images Electronic Images of checks items drawn on banks located outside the United States, checks drawn on United States banks a foreign bank or payable in foreign currency, electronic images that are illegible (due to poor image quality or otherwise)) or with unreadable MICR information, electronic images and Electronic Images of checks Items previously processed, electronic images previously converted to substitute checks, and electronic images with unreadable MICR information. We will notify you of all Exception Items and related adjustments in writing. You agree that if you wish to attempt to deposit any Exception Item to any of your accounts Accounts with us, you will only do so by depositing the original paper item Paper Item on which the Exception Item is based. You acknowledge and agree that even if we do not initially identify an electronic image Electronic Image as an Exception Item, the substitute check created by us may nevertheless be returned to us because, among other reasons, the electronic image Electronic Image is deemed illegible by Paying Bank. Our failure to identify an Exception Item will not preclude or limit the obligation of you to us.

Exception Items. When we review and process your ICL FilesElectronic File, we may, but are not obligated to, may reject any file Electronic Image that we, in our sole discretion, determine to be ineligible for the ICL Service (each, an “Exception Item”) including, without limitation, electronic images Electronic Images of checks items drawn on banks located outside the United States, checks drawn on United States banks a foreign bank or payable in foreign currency, electronic images that are illegible (due to poor image quality or otherwise) or with unreadable MICR information, demand drafts or remotely created checks (checks lacking original signature of payor), electronic images and Electronic Images of checks Items previously processed, electronic images processed or previously converted to substitute checks, and electronic images with unreadable MICR information. We will notify you of all Exception Items and related adjustments in writing. You agree that if you wish to attempt to deposit any Exception Item to any of your accounts with us, you will only do so by depositing the original paper item Paper Item on which the Exception Item is based. You acknowledge and agree that even if we do not initially identify an electronic image Electronic Image as an Exception Item, the substitute check created by us may nevertheless be returned to us because, among other reasons, the electronic image Electronic Image is deemed illegible by Paying Bank. Our failure to identify an Exception Item will not preclude or limit the obligation of you your obligations to us.