Common use of Retention of Items Clause in Contracts

Retention of Items. Upon your receipt of a confirmation that we have received and accepted an image (or data extracted from the Checks) that you have transmitted through the RDC Service, you agree to retain the Checks for at least thirty (30) calendar days from the date of the image transmission (“Retention Period”). After the Retention Period, you agree to destroy the Checks that you transmitted as an image, mark it "VOID", or otherwise render it incapable of further transmission, deposit, or presentment. During this Retention Period, you agree to store original Checks in a safe and secure environment and implement appropriate security measures to ensure that during the Retention Period:

Appears in 2 contracts

Samples: Avadian Credit Union Online Services Agreement, Avadian Credit Union Online Services Agreement

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Retention of Items. Upon your receipt of a confirmation that we have received and accepted an image (or data extracted from the Checks) that you have transmitted through the RDC Service, you agree to retain the Checks for at least thirty (30) calendar days from the date of the image transmission (“Retention Period”). After the Retention Period, you agree to destroy the Checks that you transmitted as an image, mark xxxx it "VOID", or otherwise render it incapable of further transmission, deposit, or presentment. During this Retention Period, you agree to store original Checks in a safe and secure environment and implement appropriate security measures to ensure that during the Retention Period:

Appears in 1 contract

Samples: Avadian Credit Union Online Services Agreement

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Retention of Items. Upon your receipt of a confirmation that we have received and accepted an image (or data extracted from the Checks) that you have transmitted through the RDC Service, you agree to retain the Checks for at least thirty (30) calendar days from the date of the image transmission (“Retention Period”). After the Retention Period, you agree to destroy the Checks that you transmitted as an image, mark it "VOID", or otherwise render it incapable of further transmission, deposit, or presentment. During this Retention Period, you agree to store original Checks in a safe and secure environment and implement appropriate security measures to ensure that during the Retention Period:: a) only authorized persons shall have access to original Checks;

Appears in 1 contract

Samples: Avadian Credit Union Online Services Agreement

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