Common use of POSTDATED AND STALEDATED Clause in Contracts

POSTDATED AND STALEDATED. DRAFTS — You agree not to issue any check or draft that is postdated. If you do issue a check or draft that is payable on a future date and we pay it before that date, you agree that we shall have no liability to you for such payment. You agree not to deposit checks, drafts, or other items before they are properly payable. We are not obligated to pay any check or draft drawn on your account that is presented more than six (6) months past its date.

Appears in 6 contracts

Sources: Membership Agreement, Membership Agreement, Membership Agreement

POSTDATED AND STALEDATED. DRAFTS - You agree not to issue any check or draft that is postdated. If you do issue a check or draft that is payable on a future date and we pay it before that date, you agree that we shall have no liability to you for such payment. You agree not to deposit checks, drafts, or other items before they are properly payable. We are not obligated to pay any check or draft drawn on your account that is presented more than six (6) months past its date.

Appears in 2 contracts

Sources: Membership and Account Agreement, Membership and Account Agreement

POSTDATED AND STALEDATED. DRAFTS - You agree not to issue any check or draft that is postdated. If you do issue a check or draft that is payable on a future date and we w e pay it before that date, you agree that we w e shall have no liability to you for such payment. You agree not to deposit checks, drafts, drafts or other items before they are properly payable. We are not obligated to pay any check or draft drawn draw n on your account that is presented more than six (6) months past its date.

Appears in 1 contract

Sources: Membership and Account Agreement

POSTDATED AND STALEDATED. DRAFTS — You agree not to issue any check or draft that is postdated. If you do issue a check or draft that is payable on a future date and we pay it before that date, you agree that we shall have no liability to you for such payment. You agree not to deposit checks, drafts, drafts or other items before they are properly payable. We are not obligated to pay any check or draft drawn on your account that is presented more than six (6) months past its date.

Appears in 1 contract

Sources: Membership and Account Agreement

POSTDATED AND STALEDATED. DRAFTS - You agree not to issue any check or draft that is postdated. If you do issue a check or draft that is payable on a future date and we pay it before that date, you agree that we shall have no liability to you for such payment. You agree not to deposit checks, drafts, drafts or other items before they are properly payable. We are not obligated to pay any check or draft drawn on your account that is presented more than six (6) months past its date.

Appears in 1 contract

Sources: Membership and Account Agreement

POSTDATED AND STALEDATED. DRAFTS — You agree not to issue any check or draft that is postdated. If you do issue a check or draft that is payable on a future date and we pay it before that date, you agree that we shall have no liability to you for such payment. You agree not to deposit checks, drafts, or other items before they are properly payable. We are not obligated to pay any check or draft drawn on your account that is presented more than six (6) months past its date.

Appears in 1 contract

Sources: Membership and Account Agreement