Common use of Return of Checks and Chargebacks Clause in Contracts

Return of Checks and Chargebacks. Any credit to your account of any deposit using the Service is provisional until final payment of the item deposited. If a check deposited through the Service is dishonored, rejected, or otherwise returned as unpaid by the drawee bank, or the item is rejected, or returned by a clearing agent or collecting bank for any reason, including, but not limited to, issues relating to the quality of the Image, you agree that an original check will not be returned to you, but that we may charge back the amount of the original check and provide you with an Image of the original check, a paper reproduction of the original check or a substitute check. You will reimburse us for all loss, cost, damage or expense caused by or relating to the processing of the returned item. You agree not to deposit or otherwise negotiate an original check after our chargeback. We further reserve the right to chargeback to your account at any time, any Check we subsequently determined was a Prohibited Check. You further agree the Bank is not liable for any loss, costs, or fees you may incur as a result of our chargeback of any item deposited through the Service.

Appears in 4 contracts

Samples: Tejas Bank Mobile Deposit Service Agreement, Deposit Service Agreement, Tejas Bank Mobile Deposit Service Agreement

AutoNDA by SimpleDocs

Return of Checks and Chargebacks. Any credit to your account of any deposit using the Service is provisional until final payment of the item deposited. If a check deposited through the Service is dishonored, rejected, or otherwise returned as unpaid by the drawee bank, or the item is rejected, or returned by a clearing agent or collecting bank for any reason, including, but not limited to, issues relating to the quality of the Image, you agree that an original check will not be returned to you, but that we may charge back the amount of the original check and provide you with an Image of the original check, a paper reproduction of the original check or a substitute checkcheck (each, a "Chargeback"). You will reimburse us for all loss, cost, damage or expense caused by or relating to the processing of the returned itemChargeback as permitted by law. You agree not to deposit or otherwise negotiate an original check after our chargebackChargeback. We further reserve the right to chargeback Chargeback to your account at any time, time for any Check we subsequently determined was a Prohibited Check. You further agree the Bank is not liable for any loss, costs, or fees you may incur as a result of our chargeback Chargeback of any item deposited through the Service.

Appears in 3 contracts

Samples: cms-assets.cit.com, Agreement, Agreement

AutoNDA by SimpleDocs

Return of Checks and Chargebacks. Any credit to your account of any deposit using the Service is provisional until final payment of the item deposited. If a check deposited through the Service is dishonored, rejected, or otherwise returned as unpaid by the drawee bank, or the item is rejected, or returned by a clearing agent or collecting bank for any reason, including, but not limited to, issues relating to the quality of the Image, you agree that an original check will not be returned to you, but that we may m ay charge back the amount of the original check and provide you with an Image of the original check, a paper reproduction of the original check or a substitute checkcheck (each, a "Chargeback"). You will reimburse us for all a ll loss, cost, damage or expense caused by or relating to the processing of the returned itemChargeback aspermitted by law. You agree not to deposit or otherwise negotiate an original check after our chargebackChargeback. We further reserve the right to chargeback Chargeback to your account at any time, time for any Check we subsequently determined was a Prohibited Check. You further agree the Bank is not liable for any loss, costs, or fees you may incur as a result of our chargeback Chargeback of any item deposited through the Service.

Appears in 1 contract

Samples: www.cit.com

Time is Money Join Law Insider Premium to draft better contracts faster.