Uncollected Funds. Shares purchased by personal, corporate, governmental check, cashier's, treasurer's, certified or official checks or by ACH will be considered uncollected until the tenth calendar date following the trade date of the trade ("Uncollected Funds");
Uncollected Funds. In the event that any funds, including Cleared Funds, deposited in the Fund prove uncollectible after the funds represented thereby have been released by the Bank pursuant to this Bank Agreement, the Company shall reimburse the Bank upon request for the face amount of such check or checks; and the Bank shall, upon instruction from the Company, deliver the returned checks or other instruments to the Company. This section shall survive the termination of this Bank Agreement.
Uncollected Funds. Refers to a deposit by check which has not yet been collected by us. Items which present against Uncollected Funds may be returned by us as an Insufficient Funds Item.
Uncollected Funds. If the Check is returned for any other reason or if the check is returned a second time, Bank will debit the applicable Account and return the check to Company. Company agrees that Bank will not send a returned item notice to Company for a returned check unless Company and Bank have agreed otherwise. ACCEPTABLE PAYEES
Uncollected Funds. If any Receipts deposited in the Blocked Account are returned unpaid or otherwise dishonored, Bank shall have the right to charge any and all such returned or dishonored items against the Blocked Account or to demand reimbursement therefore directly from Company. If there are insufficient funds in the Blocked Account to cover any such charge for any returned or dishonored item and Company fails to reimburse Bank for such amount within ten (10) business days after demand, then Purchaser agrees to reimburse Bank within ten (10) business days of written notice of demand for the amount of such returned or dishonored item provided that (a) such item has been previously credited to the Purchaser Account and (b) Purchaser receives such written demand within forty-five (45) days after termination of this Agreement.
Uncollected Funds. If any Receipts deposited in the Account are returned unpaid or otherwise dishonored Bank shall have the right to charge any and all such returned or dishonored items against the Account or to demand reimbursement therefor directly from Company.
Uncollected Funds. Bank shall send to Agent and Company copies of all returned and dishonored Receipts within a commercially reasonable time following Bank’s receipt thereof. If any Receipt deposited in any Blocked Account is returned unpaid or otherwise dishonored, Bank shall have the right to both charge such returned or dishonored Receipt against any Blocked Account and any other account of Company maintained with Bank and to demand reimbursement therefor directly from Company. In the event Company fails to timely make a payment to Bank of any of returned or dishonored Receipts for which demand for payment has been made, Bank may thereafter exercise its right of set-off against any Blocked Account and any other account of Company maintained with Bank in order to recover payment of the returned and dishonored Receipts – which set-off shall be superior to any security interests or liens of Agent.
Uncollected Funds. If any Checks or other Receipts deposited in the Lockbox Account are returned unpaid or otherwise dishonored Bank shall have the right to charge any and all such returned or dishonored items against the Lockbox Account or to demand reimbursement therefor directly from Company.
Uncollected Funds. The Uncollected Funds represent, and at Closing shall represent, bona fide claims against debtors for sales, services performed, or other charges arising in the ordinary course of business.
Uncollected Funds. In the event that any payment by the Tenant of Fixed Rent or Additional Rent shall be dishonored for any reason whatsoever, including but not limited to "uncollected funds", "insufficient funds", etc., the Landlord shall, thereafter, have the right to insist that the replacement payment shall be made by certified check, bank check or cash.
