Common use of Limitation on Payment Clause in Contracts

Limitation on Payment. (1) If the amount of a xxxx, note or cheque which is presented to the Bank for payment exceeds the balance then in the Account, the Bank shall be under no obligation to make payment.

Limitation on Payment. (1) If the amount of a xxxxbill, note or cheque which is presented to the Bank for payment exceeds the balance then in the Account, the Bank shall be under no obligation to make payment.

Limitation on Payment. (1) If the amount of a xxxx, note or cheque which is presented to the Bank for payment exceeds the balance then in the Account, the Bank shall be under no obligation to make payment.

Limitation on Payment. (1) If the amount of a xxxxbill, note or cheque which is presented to the Bank for payment exceeds the balance then in the Account, the Bank shall be under no obligation to make payment.