Common use of Original Checks Clause in Contracts

Original Checks. I must securely store each original check until you notify me via the deposit history on Online Banking that my deposit has been accepted. Once I verify you have successfully received my deposit, I will destroy the original check by shredding or another commercially acceptable means of data destruction and shall indemnify RBFCU for any and all losses or other damages you may suffer as a Account holder's Indemnification Obligation. I understand and agree that I am required to indemnify you and hold you harmless against any and all claims, actions, damages, liabilities, costs, and expenses, including reasonable attorneys' fees and expenses arising from my use of the Services and/or breach of this Disclosure and Agreement. I understand and agree that this paragraph shall survive the termination of this Agreement. In Case of Errors. In the event that I believe there has been an error with respect to any original check or image thereof transmitted to you for deposit or a breach of this Agreement, I will immediately contact you regarding such error or breach as set forth below.

Appears in 3 contracts

Sources: Online Banking User Agreement, Online Banking User Agreement, Online Banking User Agreement