Common use of Dishonored Checks Clause in Contracts

Dishonored Checks. If a payment due under this Agreement is made by Licensee's check and the check is dishonored, the payment may, at the Licensing Administrator's option, be deemed not to have been made. The Licensing Administrator may, at its option, by written notice to Licensee, require subsequent payments to be made by wire transfer or cashier's check in immediately available funds.

Appears in 1 contract

Samples: Divx Inc

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Dishonored Checks. If a payment due under this Agreement is made by Licensee's check and the check is dishonored, the payment may, may at the Licensing Administrator's option, option be deemed not to have been made. The Licensing Administrator may, may at its option, by written notice to Licensee, require subsequent payments to be made by wire transfer or cashier's check in immediately available funds.

Appears in 1 contract

Samples: Pioneer Corp

Dishonored Checks. If the Licensing Administrator permits a payment due to be made under this Agreement is made by Licensee's check and the check is dishonored, the payment may, at the Licensing Administrator's ’s option, be deemed not to have been made. The Licensing Administrator may, at its option, by written notice to Licensee, require subsequent payments to be made by wire transfer or cashier's check in immediately available funds.

Appears in 1 contract

Samples: Divx Inc

Dishonored Checks. If the Licensing Administrator permits a payment due under this Agreement is to be made by Licensee's check and the check is dishonored, the payment may, at the Licensing Administrator's ’s option, be deemed not to have been made. The Licensing Administrator may, at its option, by written notice to Licensee, require subsequent payments to be made by wire transfer or cashier's check in immediately available funds.

Appears in 1 contract

Samples: Patent Portfolio License

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Dishonored Checks. If a payment due under this Agreement is made by Licensee's ’s check and the check is dishonored, the payment may, may at the Licensing Administrator's option, ’s option be deemed not to have been made. The Licensing Administrator may, may at its option, by written notice to Licensee, require subsequent payments to be made by wire transfer or cashier's ’s check in immediately available funds.

Appears in 1 contract

Samples: Agreement (Scopus Video Networks Ltd.)

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