Common use of Retention of Items Clause in Contracts

Retention of Items. You agree to retain Checks in their original form and the associated image files for 60 days after transmission to us. After that time, you will destroy the Checks and image files by a secure shredding or other permanent deletion method to ensure that the Checks and image files will not be redeposited or resubmitted. You agree to be responsible for any direct, indirect, or consequential damages that result from your failure to maintain adequate security over your Checks and computer files.

Appears in 5 contracts

Samples: Deposit Agreement, Deposit Agreement, Deposit Agreement

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