Ineligible Items definition

Ineligible Items means the following items of personal property and services with respect to which the Company and any Agent shall not be entitled to claim a Sales Tax Exemption in connection with the Facility:
Ineligible Items means each of: Checks that are not payable to you or third party checks (checks not payable to the legal business name and/or trade name for the business checking account where the funds are being deposited); Checks or items containing obvious alteration to any of the fields on the front of the check or item, or which you know or suspect, or should know or suspect, are fraudulent or otherwise not authorized by the owner of the account on which the check or item is drawn; U.S. savings bonds and other non-check items, Items drawn on banks outside the U.S., Items drawn in a foreign currency, paper draft without MICR printing, remotely created checks, Checks drawn against a line of credit; and substitute checks.
Ineligible Items means the following items of personal property and services with respect to which the Company, the Sublessee and any Agent shall not be entitled to claim a Sales Tax Exemption in connection with the Facility:

Examples of Ineligible Items in a sentence

  • Prosperity shall have no liability for any Ineligible Items received in the Lockbox or for any Losses incurred due to returning such items to Customer or handling them in accordance with the Documentation.

  • Customer shall pay (or promptly reimburse Prosperity for) all charges, fees, and costs associated with the processing of any Ineligible Items.

  • The Agent should review the definitions of Eligible Items and Ineligible Items in Exhibit A hereto with respect to the scope of Sales Tax Exemption provided under the Agreement and hereunder.


More Definitions of Ineligible Items

Ineligible Items include any item that: (a) is payable to “Cash” or any indefinite payee or to a person other than you, even if endorsed to you; (b) lacks the original signature of the drawer; (c) was created from an electronic image; (d) is irregular in any way, as determined by us in our sole discretion; (e) was returned unpaid; (f) is not dated or is postdated, or is more than six months old; (g) was drawn on a foreign bank or any entity that is not a bank, or is payable in a foreign currency; (h) is a traveler's check or registered government warrant or bond; or (i) is not a check under Regulation CC. Image Quality. The image of an item transmitted to us using the Mobile Deposit Service must be legible. The image quality of the check or item must comply with the requirements established from time to time by the American National Standard Institute, the Board of Governors of the Federal Reserve Board, or any other regulatory agency, clearing house or association.
Ineligible Items means any Check drawn on a non-United States bank, including U.S. dollar denominated foreign accounts, U.S. savings bonds, U.S. postal money orders, remotely created checks (whether in paper form or electronically created), checks drawn against a line of credit (convenience checks) and cash.
Ineligible Items. The Member agrees that they will NOT image and will not seek to deposit:
Ineligible Items. Items that cannot be deposited using this Service.
Ineligible Items include any item that : (a) is payable to “Cash” or any indefinite payee or to a person other than you, even if endorsed to you;
Ineligible Items include any item that : (a) is payable to “Cash” or any indefinite payee or to a person other than you, even if endorsed to you; (b) lacks the original signature of the drawer; (c) was created from an electronic image;
Ineligible Items means items drawn on financial institutions located outside the United States, travelers checks, checks payable in a currency other than U.S. currency, savings bonds, money orders, official checks, teller checks, treasury checks, Federal Home Loan Bank checks, federal, state or other government checks, certified checks, cashier’s check, promissory notes, substitute checks and remotely created checks.