Original Check Clause Samples

Original Check. The first paper Check issued with respect to a particular payment transaction. Payor Financial Institution: The United States Financial Institution ordered in a Check to make payment to the payee(s) named on the Check. Program: Collectively the procedures, protocols, and software used by Bank and its licensors and contractors in connection with the electronic processing of Checks, and includes without limitation the Software and the Services. Regulation CC: 12 C.F.R. Part 229, as it may be amended from time to time.

Original Check. You understand that you are responsible if anyone is asked to make a payment based on an original check that has already been paid. RETURNED DEPOSITS YOUR WARRANTIES COMPLIANCE WITH LAW RDC UNAVAILABILITY FUNDS AVAILABILITY DELAYS MAY APPLY

Original Check. The first paper check issued with respect to a particular payment transaction.

Original Check. The first paper check issued to or endorsed in favor of Business Entity with respect to a particular payment transaction. The term “original check” does not include: (a) a noncash item as defined in Regulation CC (Volume 12 of the U.S. Code of Federal Regulations, part 229) promulgated by the Board of Governors of the Federal Reserve; (b) an item payable in a medium other than United States money; (c) or an item drawn by Business Entity or affiliate of Business Entity, on an account of Business Entity or affiliate of Business Entity on Extraco or any other Bank.

Original Check. The Original Check was authorized by the drawer in the amount stated on the Original Check and to the payee(s) stated on the Original Check. You have possession of the Original Check and no party will submit the Original Check for payment; • Accuracy of Information. The amount, payee(s), signature(s) and endorsement(s) on the Image and on the Original Check are legible, genuine, and accurate;

Original Check. The Original Check was authorized by the drawer in the amount stated on the Original Check and to the payee(s) stated on the Original Check. You have possession of the Original Check and no party will submit the Original Check for payment;  Accuracy of Information. The amount, payee(s), signature(s) and endorsement(s) on the Image and on the Original Check are legible, genuine, and accurate;  N o Duplicates. You will not create duplicate Images of the Original Check, transmit a duplicate Image, deposit or otherwise negotiate the Original Check of which an Image was created. You will not deposit or otherwise endorse to a third party the Original Check and no person will receive a transfer, presentment, or return of, or otherwise be charged for, the Original Check or a paper or electronic representation of the Original Check such that the person will be asked to make payment based on an item that has already been paid;