Check Retention and Destruction Responsibilities Sample Clauses

Check Retention and Destruction Responsibilities. You bear sole responsibility for secure storage and destruction of original Eligible Items and any copies of such Eligible Items. You should securely retain the original paper Eligible Item for such amount of time that you deem necessary based on: (i) the risk of fraudulent duplicate presentments of the original Eligible Item or any paper or electronic copy thereof; (ii) the needs of your business; (iii) any requirements of law or regulation affecting your business; and (iv) potential claims by recipients of Substitute Checks (or Eligible Items in electronic form) that they incurred a loss due to the receipt of a Substitute Check (or an Eligible Items in electronic form) instead of the original paper Eligible Item. After the end of your established retention period, you will destroy the original Eligible Items. You shall maintain the Eligible Items in a secure manner (to prevent loss, theft or misuse) from the time they are received by you until they are destroyed in accordance with the preceding sentence. After destruction of an Eligible Item, the Image will be the sole evidence of the Eligible Item. You agree that you will never re-present the Eligible Item or a copy, facsimile, or Image of the Eligible Item. You understand that you are responsible if anyone is asked to make a payment based on an Eligible Item that has already been paid. Upon Bank’s request from time to time, you will deliver to Bank within five (5) Business Days, at your expense, the requested Eligible Item or copy thereof in your possession. If not provided in a timely manner, such amount will be reversed from your Linked Account(s).
Sample 1
AutoNDA by SimpleDocs
Check Retention and Destruction Responsibilities. You bear sole responsibility for secure storage and destruction of original Eligible Items and any copies of such Eligible Items. You should securely retain the original paper Eligible Item for such amount of time that you deem necessary based on: (i) the risk of fraudulent duplicate presentments of the original Eligible Item or any paper or electronic copy thereof;
Sample 1

Related to Check Retention and Destruction Responsibilities

  • Construction Responsibilities The party named in Article 1, Responsible Parties, under AGREEMENT is responsible for the following:

  • Termination of Contractor’s Responsibilities This Agreement will be considered complete when all work has been completed and accepted by the COUNTY and all warranty periods have expired. The CONTRACTOR will then be released from further obligation except as set forth in this Agreement.

  • ADDITIONAL CONTRACTOR RESPONSIBILITIES 13 In addition to providing the services described in Paragraph 5 of this 14 Exhibit A, CONTRACTOR agrees to:

  • Client’s Responsibilities In addition to other responsibilities herein or imposed by law, the Client shall:

  • Contractor Responsibilities 19.1. Contractor shall perform national criminal history checks for Ohio, Indiana, and Kentucky, and 10-panel drug screening tests on all prospective employees performing work under this RFP or coming onto a CMHA property and any resulting contract and provide summaries of the results to the Authority if requested. For the purposes of this section, the term “employees” includes contractor. Prospective employees whose criminal background check discloses a misdemeanor or felony involving crimes of moral turpitude, sexual offenses or harm to persons or property shall not be employed to perform work under this RFP or any resulting contract. Contractor is required to perform drug screening of all employees and to ensure acceptable test results. Criminal history and drug screening checks will be completed at the sole expense of the contractor. Any employee of the Contractor suspected of being under the influence of drugs and or alcohol will be reported to the appropriate personnel at CMHA and/or other local law enforcement. If the employee is determined to be under the influence of drugs or alcohol in any form or manner, or believed by proper authority to be dealing in illicit sale of alcohol or drugs they will be removed and shall not be allowed to return to any job site on the Authority’s property. The Contractor’s contract may be suspended and/or terminated should such a situation occur or if the Contractor fails to submit results pursuant to this section.

  • PRIME CONTRACTOR RESPONSIBILITIES A. The Contractor shall be responsible for completely supervising and directing the work under this Contract and all Subcontractor(s) that it may utilize, using adequate skill and attention. Subcontractor(s) who perform work under this Contract shall be responsible to the Prime Contractor.

  • CONSTRUCTION MANAGER’S RESPONSIBILITIES The Construction Manager’s Preconstruction Phase responsibilities are set forth in Sections 2.1 and 2.2. The Construction Manager’s Construction Phase responsibilities are set forth in Section 2.3. The Owner and Construction Manager may agree, in consultation with the Architect, for the Construction Phase to commence prior to completion of the Preconstruction Phase, in which case, both phases will proceed concurrently. The Construction Manager shall identify a representative authorized to act on behalf of the Construction Manager with respect to the Project.

  • CONTRACTOR RESPONSIBILITY FOR SYSTEM AGENCY’S TERMINATION COSTS If the System Agency terminates the Contract for cause, the Contractor shall be responsible to the System Agency for all costs incurred by the System Agency and the State of Texas to replace the Contractor. These costs include, but are not limited to, the costs of procuring a substitute vendor and the cost of any claim or litigation attributable to Contractor’s failure to perform any Work in accordance with the terms of the Contract.

  • Your Responsibilities You represent and agree to the following by enrolling for Mobile Banking or by using the Service:

  • FACILITY RESPONSIBILITIES (1) The Facility will retain responsibility for the care of its clients and will maintain administrative and professional supervision of students insofar as their presence and program assignments affect the operation of the Facility and its care, direct and indirect, of its clients. No provision of this MOU shall prevent any Facility client from requesting not to be a teaching client or prevent any member of the Facility’s staff from designating any client as a non-teaching client.

Time is Money Join Law Insider Premium to draft better contracts faster.