Examples of Image Exchange in a sentence
Items may be returned as Image Exchange Items, rather than Substitute Checks.
For all Items processed by you pursuant to this Agreement, either (a) digitized images will be converted to Substitute Checks and presented for payment to established Endpoints, or (b) Image Exchange Items will be presented for payment through image exchange networks.
Without limitation, you recognize that under the Uniform Commercial Code, Regulation CC, the Electronic Check Clearing House Organization (“ECCHO”) Rules (as applicable) and the rules of any image exchange network, our representations and warranties with regard to Image Exchange Items and Substitute Checks may expose us to claims for several years following processing of the Image Exchange Item or Substitute Check.
You agree that Items may be returned as Image Exchange Items, rather than Substitute Checks.
You shall comply with all laws, rules, and regulations applicable to you, and to the Programs and Services, including, without limitation, Regulation CC, the Uniform Commercial Code and any rules established by an image exchange network through which Image Exchange Items are processed pursuant to this Agreement.
You agree that Items may be returned as Image Exchange Items rather than Substitute Checks.
For all Imaged Items processed by you pursuant to this Service Description, either: (i) digitized images will be converted to Substitute Checks and presented for payment to established Endpoints; or (ii) Image Exchange Items will be presented for payment through image exchange networks.
Notwithstanding the foregoing, the Bank may redeposit any returned Substitute Check or Image Exchange Item consistent with the terms of the deposit account agreement governing your Accounts.
Bank will provide to Client the Remote Deposit Capture Services described in this Service Description to enable Client to transmit Imaged Items to Bank or Bank’s designated processor to be cleared as Substitute Checks or Image Exchange Items.
Client agrees that Items may be returned as Image Exchange Items, rather than Substitute Checks.