Checks Bearing Notations Sample Clauses
The "Checks Bearing Notations" clause defines how checks that include specific notations or instructions—such as "payment in full" or similar phrases—are to be treated by the parties involved. In practice, this clause typically clarifies whether accepting or endorsing such a check constitutes agreement to the terms written on it, or if additional steps are required for those terms to be binding. Its core function is to prevent misunderstandings or unintended agreements that could arise from ambiguous or unilateral notations on checks, thereby protecting both parties from disputes over payment terms.
Checks Bearing Notations. Although we are not obligated to, we may pay or accept checks and other items bearing restrictions or notations (e.g., “Void after 60 days,” “Two Signatures Required,” “Void over $50.00,” “Payment in Full,” and the like), whether on the front or back, in any form or format. If you cash or deposit an item or write a check with such a notation, you agree that it applies only between you and the payee or maker. The notation will have no effect on us, and you agree to accept responsibility for payment of the item.
Checks Bearing Notations. Although we are not obligated to, we may pay or accept checks and other items bearing restrictions or notations (e.g., “Void after 6 months,” “Two Signatures Required,” “Void over $50.00,” “Payment in Full” and the like), whether on the front or back of the item, in any form or format, regardless of whether such restrictions or notations have been followed. If you cash or deposit an item or write a check with such a notation, you agree that it applies only between you and the payee or maker. The notation will have no effect on us, and you agree to accept responsibility for payment of the item.
Checks Bearing Notations. Although we are not obligated to, we may pay or accept checks and other items bearing restrictions or notations (e.g., “Void after 60 days,” “Two Signatures Required,” “Void over $50.00,” “Payment in Full,” and the like), whether on the front or back, in any form or format. If you cash or deposit an item or write a check with such a notation, you