Unpaid Items definition
Unpaid Items has the meaning given to the term in each of the Bank Agreement and each Collection Account Agreement;
Examples of Unpaid Items in a sentence
Joint accounts include accounts held as joint tenancy, tenancy-in-common Provisional Credit; Returned and Unpaid Items and Other Credits – Any item or other charge posted for credit to your account, including an item we cash for you, is subject to final payment by the payor or receiving bank (as applicable).
The Companies will use all reasonable efforts to ensure that the amount of Unpaid Items and Assumed Indebtedness is as low as possible.