Common use of AUTHORIZED INSTRUMENT Clause in Contracts

AUTHORIZED INSTRUMENT. To be authorized, an Instrument must meet the following criteria at the time of presentation for authorization: a. The name of the person or entity presenting the Instrument (“Presenter”) is commercially imprinted thereon. Temporary checks or checks without commercially imprinted check numbers will not qualify for check guarantee; b. Merchant shall require the person presenting the Instrument to produce a valid driver’s license or non-driver’s State-issued identification card and to write the State of Issue and the identification number contained thereon on the face of the Instrument; c. The address of the person upon whose account the Instrument is drawn is shown on the face of the Instrument. Merchant will verify that the address on the instrument matches that of the drivers license address submitted by the Presenter. Merchant will then input any corrected information on the instrument. If not commercially imprinted, Merchant will write this information. Post Office Boxes are not acceptable addresses for this purpose; d. The Instrument is not a two party check, or a SPS-EFT check or a temporary check. The check has not been declined by SPS-EFT through its authorization process.

AUTHORIZED INSTRUMENT. To be authorized, an Instrument must meet the following criteria at the time of presentation for authorization: a. The name of the person or entity presenting the Instrument (“Presenter”) is commercially imprinted thereon. Temporary checks or checks without commercially imprinted check numbers will not qualify for check guarantee; b. Merchant shall require the person presenting the Instrument to produce a valid driver’s license or non-driver’s State-issued identification card and to write the State of Issue and the identification number contained thereon on the face of the Instrument; c. The address of the person upon whose account the Instrument is drawn is shown on the face of the Instrument. Merchant will verify that the address on the instrument matches that of the drivers license address submitted by the Presenter. Merchant will then input any corrected information on the instrument. If not commercially imprinted, Merchant Xxxxxxxx will write this information. Post Office Boxes are not acceptable addresses for this purpose; d. The Instrument is not a two party check, or a SPS-EFT check or a temporary check. The check has not been declined by SPS-EFT through its authorization process.

AUTHORIZED INSTRUMENT. To be authorized, an Instrument must meet the following criteria at the time of presentation for authorization: a. The name of the person or entity presenting the Instrument (“Presenter”) is commercially imprinted thereon. Temporary checks or checks without commercially imprinted check numbers will not qualify for check guarantee; b. Merchant shall require the person presenting the Instrument to produce a valid driver’s license or non-driver’s State-issued identification card and to write the State of Issue and the identification number contained thereon on the face of the Instrument; c. The address of the person upon whose account the Instrument is drawn is shown on the face of the Instrument. Merchant will verify that the address on the instrument matches that of the drivers license address submitted by the Presenter. Merchant will then input any corrected information on the instrument. If not commercially imprinted, Merchant will write this information. Post Office Boxes are not acceptable addresses for this purpose; d. The Instrument is not a two party check, or a SPS-EFT GETI check or a temporary check. The check has not been declined by SPS-EFT GETI through its authorization process.