Common use of COLLECTION AND PROCESSING OF ITEMS Clause in Contracts

COLLECTION AND PROCESSING OF ITEMS. In processing items You have deposited for collection, We are only Your agent and assume no responsibility beyond the exercise of ordinary care. Any item deposited is subject to final settlement in cash or credit. We may use any method We feel is appropriate to collect items, which may include use of a Federal Reserve Bank. We are not

Appears in 4 contracts

Samples: Agreements and Disclosures, Membership Agreements, Membership Agreements

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COLLECTION AND PROCESSING OF ITEMS. In processing items You have deposited for collection, We are only Your agent and assume no responsibility beyond the exercise of ordinary care. Any item deposited is subject to final settlement in cash or credit. We may use any method We feel is appropriate to collect items, which may include use of a Federal Reserve Bank. We are notto

Appears in 3 contracts

Samples: Agreements and Disclosures, Agreements and Disclosures, Membership Agreement

COLLECTION AND PROCESSING OF ITEMS. In processing items You have deposited for collection, We are only Your agent and assume no responsibility beyond the exercise of ordinary care. Any item deposited is subject to final settlement in cash or credit. We may use any method We feel is appropriate to collect items, which may include use of a Federal Reserve Bank. We are notnot responsible for the acts of any third party We use for the collection of items including responsibility for lost items. If We use a local clearing house in the collection of items, You authorize Us to do so and to act in accordance with any

Appears in 2 contracts

Samples: Membership Agreement, Membership Agreement

COLLECTION AND PROCESSING OF ITEMS. In processing items You you have deposited for collection, We we are only Your your agent and assume no responsibility beyond the exercise of ordinary care. Any item deposited is subject to final settlement in cash or credit. We may use any method We we feel is appropriate to collect items, which may include use of a Federal Reserve Bank. We are notnot responsible for the acts of any third party we use

Appears in 2 contracts

Samples: Commercial Membership and Account Agreements, Commercial Membership and Account Agreements

COLLECTION AND PROCESSING OF ITEMS. In processing items You have deposited for collection, We are only Your agent and assume no responsibility beyond the exercise of ordinary care. Any item deposited is subject to final settlement in cash or credit. We may use any method We feel is appropriate to collect items, which may include use of a Federal Reserve Bank. We are notnot responsible for the acts of any third party We use for the collection of items including responsibility for lost items. If We use a local clearing house in the

Appears in 1 contract

Samples: Agreements and Disclosures

COLLECTION AND PROCESSING OF ITEMS. In processing items You have deposited for collection, We are only Your agent and assume no responsibility beyond the exercise of ordinary care. Any item deposited is subject to final settlement in cash or credit. We may use any method We feel is appropriate to collect items, which may include use of a Federal Reserve Bank. We are notnot responsible for the acts of any third party We use for the collection of items including responsibility for lost items. If We use a local clearinghouse in the

Appears in 1 contract

Samples: Membership Agreements

COLLECTION AND PROCESSING OF ITEMS. In processing items You have deposited for collection, We are only Your agent and assume no responsibility beyond the exercise of ordinary care. Any item deposited is subject to final settlement in cash or credit. We may use any method We feel is appropriate to collect items, which may include use of a Federal Reserve Bank. We are notappropriate

Appears in 1 contract

Samples: Membership Agreements

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COLLECTION AND PROCESSING OF ITEMS. In processing items You have deposited for collection, We are only Your agent and assume no responsibility beyond the exercise of ordinary care. Any item deposited is subject to final settlement in cash or credit. We may use any method We feel is appropriate to collect items, which may include use of a Federal Reserve Bank. We are notnot responsible for the

Appears in 1 contract

Samples: Agreements and Disclosures

COLLECTION AND PROCESSING OF ITEMS. In processing items You have deposited for collection, We are only Your agent and assume no responsibility beyond the exercise of ordinary care. Any item deposited is subject to final settlement in cash or credit. We may use any method We feel is appropriate to collect items, which may include use of a Federal Reserve Bank. We are notnot responsible for the acts of any third party We use for the collection of items including responsibility for lost items. If We use a local clearinghouse in the collection of items, You authorize Us to do so and to act in accordance with any

Appears in 1 contract

Samples: Membership Agreements

COLLECTION AND PROCESSING OF ITEMS. In processing items You have deposited for collection, We are only Your agent and assume no responsibility beyond the exercise of ordinary care. Any item deposited is subject to final settlement in cash or credit. We may use any method We feel is appropriate to collect items, which may include use of a Federal Reserve Bank. We are notnot responsible for the acts of any third party We use for the collection of items

Appears in 1 contract

Samples: Membership Agreements

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