CHEQUES RETURNED UNPAID Sample Clauses

CHEQUES RETURNED UNPAID. It is specifically agreed and understood that the PURCHASER shall make arrangements for sufficient funds to honour all cheques issued towards payment by the PURCHASER to the Developers of all amounts under this agreement and in the event of the cheque being returned unpaid, the PURCHASER are stopped from taking a defense that the same was not issued in discharge of a legally recoverable liability or that no liability existed as on the date when the cheque was presented for collection by the Developers. CLAUSE D- TERMINATION
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CHEQUES RETURNED UNPAID. It is specifically agreed and understood that the Allottee(s) shall make arrangements for sufficient funds to honour all cheques issued towards payment by the Allottee(s) to the Promoter of all amounts under this Agreement and in the event of any cheque being returned unpaid, the Allottee(s) is/are stopped from taking a defence that the same was not issued in discharge of a legally recoverable liability or that no liability existed as on the date when the cheque was presented for collection by the Promoter. The Allottee(s) has/have agreed and confirmed that the Promoter shall be entitled and authorised to recover any charge / penalty / fee levied by the Promoter’s bankers consequent to the cheques being returned unpaid.
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Related to CHEQUES RETURNED UNPAID

  • Items Returned Unpaid A written notice will be sent to you of transactions we are unable to process because of returned items. With respect to any item that you transmit to us for remote deposit that we credit to your account, in the event such item is dishonored, you authorize us to debit the amount of such item from your account.

  • Extended Unpaid Leave Upon written request, a permanent employee who has completed two (2) years of service shall be granted unpaid leave to a maximum of twelve (12) months, subject to the operational requirements of the Employer's operations and the availability of qualified replacement staff. An employee shall be entitled to up to a maximum of twelve (12) months unpaid leave for each two (2) years of service with the understanding that no employee can have more than twelve (12) consecutive months of unpaid leave at any one time. While on such leave employees shall continue to accumulate service, unless they would have been otherwise laid off, for seniority purposes only. The minimum amount of unpaid leave an employee may have under this Clause is eight (8) weeks. An employee will not be granted extended unpaid leave to take another position with the same Employer whether inside or outside a bargaining unit.

  • Scheduled Unpaid Leave Plan The following Scheduled Unpaid Leave Plan (SULP) is available to all permanent employees for the 2020-2021, and 2021-2022 school years. Employees approved for SULP days shall not be replaced. For employees who work a ten (10) month year a school board will identify:

  • Interest on Unpaid Balances Interest on any unpaid amount (including amounts placed in escrow) shall be calculated in accordance with the method specified for interest on refunds in the Commission’s regulations at 18 C.F.R. § 35.19a (a)(2)(iii). Interest on unpaid amounts shall be calculated from the due date of the xxxx to the date of payment. Invoices shall be considered as having been paid on the date of receipt of payment.

  • Returned Payments If after receipt of any payment which is applied to the payment of all or any part of the Obligations (including a payment effected through exercise of a right of setoff), the Administrative Agent or any Lender is for any reason compelled to surrender such payment or proceeds to any Person because such payment or application of proceeds is invalidated, declared fraudulent, set aside, determined to be void or voidable as a preference, impermissible setoff, or a diversion of trust funds, or for any other reason (including pursuant to any settlement entered into by the Administrative Agent or such Lender in its discretion), then the Obligations or part thereof intended to be satisfied shall be revived and continued and this Agreement shall continue in full force as if such payment or proceeds had not been received by the Administrative Agent or such Lender. The provisions of this Section 2.21 shall be and remain effective notwithstanding any contrary action which may have been taken by the Administrative Agent or any Lender in reliance upon such payment or application of proceeds. The provisions of this Section 2.21 shall survive the termination of this Agreement.

  • Returned Payment Fee If your account is subject to a Returned Payment Fee, the fee will be charged to your account when a payment is returned for any reason.

  • Returned Check Fee Checks returned by the payer’s bank (for insufficient funds, closed account, stop payments, etc.) must be redeemed in cash, money order or cashier’s check for the full amount plus $30.00 service fee.

  • Interest and Fees 24 3.1 Interest................................................................................24 3.2

  • Other Unpaid Leaves It is agreed that this provision will be interpreted in a manner consistent with the Ontario Human Rights Code and the Employment Standards Act.

  • RETURNED CHECKS (NON-SUFFICIENT FUNDS) If the Tenant pays the Rent with a check that bounces due to insufficient funds: (check one) ☐ - The Tenant will be required to pay a fee of $ per incident. ☐ - The Tenant will NOT be required to pay a fee.

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