Common use of No Loss Clause in Contracts

No Loss. No Subsequent transferees of the ltem(s), including but not limited to AMHFCU, a collecting or returning bank, drawer, drawee, payee or endorser, shall sustain a loss as the result of the fact that the Image was presented for payment or returned instead of the original Check.

Appears in 1 contract

Samples: American Heritage Federal Credit Union

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No Loss. No Subsequent transferees of the ltem(sItem(s), including but not limited to AMHFCUHFCU, a collecting or returning bank, drawer, drawee, payee or endorser, shall sustain a loss as the result of the fact that the Image was presented for payment or returned instead of the original Check.;

Appears in 1 contract

Samples: Deposit Capture Agreement

No Loss. No Subsequent transferees of the ltem(sItem(s), including but not limited to AMHFCU, a collecting or returning bank, drawer, drawee, payee or endorser, shall sustain a loss as the result of the fact that the Image was presented for payment or returned instead of the original Check.

Appears in 1 contract

Samples: American Heritage Federal Credit Union

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No Loss. No Subsequent transferees of the ltem(sItem(s), including but not limited to AMHFCUVISIONBank, a collecting or returning bankfinancial institution, drawer, drawee, payee or endorser, shall sustain a loss as the result of the fact that the Image was presented for payment or returned instead of the original Check.;

Appears in 1 contract

Samples: Bill Payment Agreement

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