Examples of Unclaimed funds in a sentence
TASC shall have no liability to the Purchaser or Employees (or former employees of the Purchaser) for the Unclaimed Funds.
TASC will return to the Purchaser any such accounts or funds considered under applicable state law to be unclaimed or abandoned property (“Unclaimed Funds”).) The Purchaser agrees that, at all times, it remains the holder of the Unclaimed Funds and shall be solely responsible for compliance with applicable laws, including providing statutory notice as well as the delivery and reporting of Unclaimed Funds to the applicable state agency as required under the law.
Unclaimed Funds The balance on an expired card may become unclaimed funds and income to First South Financial Credit Union if, as shown by our records, you have not, within the statutory period, caused any activity or received any payments with regard to the Card, indicated any interest in the Card, corresponded with us concerning the Card, or otherwise indicated an interest in the Card as evidenced by a writing on file with us, or transacted any business with us.
Unclaimed Funds Unclaimed funds are funds that become available in the Provider’s bank account due to returned checks or checks that were never cashed by the intended recipient.
Unless prohibited by the applicable state law, TASC may offset its costs and expenses associated with the Unclaimed Funds.