Returned Payment Fee. The Bank, in its discretion, may collect from the Borrower a returned payment fee each time a payment is returned or if there are insufficient funds in the designated account when a payment is attempted through automatic payment.
Appears in 11 contracts
Sources: Loan Agreement (Air T Inc), Loan Agreement (Lifevantage Corp), Loan Agreement (Thorne Healthtech, Inc.)
Returned Payment Fee. The Bank, in its discretion, may collect from the Borrower a reasonable returned payment fee each time a payment is returned or if there are insufficient funds in the designated account when a payment is attempted through automatic payment.
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