Common use of Irregular Items Clause in Contracts

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. 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 itemsbearing 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.