Irregular Items. We may in our discretion reject items for deposit that are irregular in any way (e.g., illegible or ambiguous) or forward them to you without processing them. At our discretion, we may process, send for collection, or forward to you for disposition: checks that contain discrepancies or minor errors (e.g., a difference between the written and numerical amounts), postdated checks, stale dated checks, checks bearing payee names different from your name, checks that do not bear the drawer’s signature, altered checks, checks drawn on a foreign bank or in a foreign currency, and other irregular items. Although we may attempt to discover and forward (without processing) items bearing notations such as “Payment in Full,” you agree that we will not be liable for our failure to do so, even if we could have done so with the exercise of ordinary care. Note: Some Customers imprint such notations on checks as a normal business practice. We generally process such items, but may refuse to do so at any time without prior notice. Unless we agree otherwise in writing, we assume no duty to confirm that any payment equals the amount of any accompanying payment coupon, statement or invoice. You agree not to send or have others send demand drafts (items that do not bear the maker’s signature, but purport to be authorized by the maker) to the Lockbox.
Irregular Items. We may reject Checks for deposit that are irregular in any way. Unless we agree otherwise in writing (e.g., in your setup form), we may process, send for collection, or forward to you for disposition: Checks that contain discrepancies (e.g., a difference between the written and numerical amounts), postdated Checks, stale dated Checks, Checks bearing payee names different from your name (or any fictitious or other business name that you provide us for that purpose), Checks that do not bear the drawer's signature, Checks that appear to be altered, Checks drawn on a foreign bank or in a foreign currency, and other irregular items. If we agree to reject checks that are irregular in any way, we will attempt to catch such irregularities, but assume no responsibility for our failure to do so. We assume no obligation to identify and/or return items bearing notations such as "Payment in Full." Unless we agree otherwise in writing, we assume no duty to confirm that any payment equals the amount of any accompanying payment coupon, statement or invoice. You agree not to send or have others send registered warrants, remotely created checks or demand drafts (items that do not bear the maker’s signature, but purport to be authorized by the maker) to the Lockbox.
Irregular Items. The Company shall not incur total Irregular Items during any period set forth below in an amount in excess of the amount set forth below in the first column opposite such period or incur cash or non-cash Irregular Items during such periods in excess of the amounts respectively set forth below in the second and third columns opposite such period: Total Cash Non-Cash Period Amount Amount AMount Fiscal Quarter ending June 30, 2001 $15,000,000 $6,000,000 $ 9,000,000 Two Fiscal Quarters ending September 30, 2001 $15,000,000 $6,000,000 $ 9,000,000 Three Fiscal Quarters ending December 31, 2001 $15,000,000 $6,000,000 $ 9,000,000 Four Fiscal Quarters ending March 31, 2002 $17,000,000 $6,800,000 $ 10,200,000 Five Fiscal Quarters ending June 30, 2002 $19,000,000 $7,600,000 $ 11,400,000 Six Fiscal Quarters ending September 30, 2002 $21,000,000 $8,400,000 $ 12,600,000 Seven Fiscal Quarters ending December 31, 2002 $23,000,000 $9,200,000 $13,800,000. Period Amount Fiscal Quarter ending June 30, 2001 $5,000,000 Two Fiscal Quarters ending September 30, 2001 $10,000,000 Three Fiscal Quarters ending December 31, 2001 $15,000,000 Four Fiscal Quarters ending March 31, 2002 $17,000,000 Five Fiscal Quarters ending June 30, 2002 $19,000,000 Six Fiscal Quarters ending September 30, 2002 $21,000,000 Seven Fiscal Quarters ending December 31, 2002 $23,000,000.
