Trust Check definition
Examples of Trust Check in a sentence
In the event any payment collected for the benefit of Client is returned NSF or uncollectible in Servicer’s Trust Account, Client will immediately upon notification from Servicer, return Servicer’s uncashed Trust Check, or immediately reimburse Servicer’s Trust Account the full amount received from Servicer’s Trust Check.
Servicer is hereby authorized to place a “Stop Payment” on Client’s Trust Check from Servicer, or reverse any ACH (Electronic Funds Transfer) whenever the representing funds are returned NSF or uncollectible in Servicer’s Trust Account.
Borrower In the event any payment collected for the benefit of Client is returned NSF or uncollectible in Servicer’s Trust Account, Client will immediately, upon notification from Servicer, return Servicer’s uncashed Trust Check, or immediately reimburse Servicer’s Trust Account the full amount received from Servicer’s Trust Check.
Company shall provide certain administrative services respecting the operations of the Fund and certain personal services to Contract Owners investing in Fund, as set forth below.
Servicer is hereby authorized to place a “Stop Payment” on Client’s Trust Check from Servicer or reverse any ACH (Electronic Funds Transfer) whenever the representing funds are returned NSF or uncollectible in Servicer’s Trust Account.
We will make payments for you either electronically, using a Trust Check or other form of funds transfer that we may choose to employ.
We will make payments for you either electronically, using a Trust Check, or using another form of funds transfer that we may choose to employ in our sole discretion.
Servicer is hereby authorized to place a “Stop Payment” on Client’s Trust Check from Servicer, or reverse any ACH (Electronic Funds Transfer) whenever the representing funds, if in the amount of one thousand dollars ($1,000) or greater, are returned NSF or uncollectible in Servicer’s Trust Account.
In the event any payment collected for the benefit of Client is returned NSF or uncollectible in Servicer’s Trust Account, Client will within five (5) days upon notification from Servicer, return Servicer’s uncashed Trust Check, or within 5 days reimburse Servicer’s Trust Account the amount of funds returned NSF or uncollectable.
The aggregate purchase price for the Assets shall be the sum of ONE MILLION NINE HUNDRED THOUSAND AND 00/100 ($1,900,000.00) DOLLARS ("Purchase Price"), payable by Attorney Trust Check or wire transfer of immediately available funds.