Common use of Customer Acknowledgements Clause in Contracts

Customer Acknowledgements. (a) You acknowledge that Bank will have no liability for payment of a check which is unauthorized or fraudulent if (i) the check was an Exception, (ii) You did not issue a Return Instruction, and (iii) You did not instruct Bank to return the check in the stipulated timely manner. (b) You acknowledge that this Service does not preclude our standard check processing procedures, which may cause a check to be dishonored even if your instructions or the established procedure do not otherwise require us to return such a check. (c) You acknowledge that you must fulfill your responsibilities in connection with this Service on each Business Day whether or not open for business. (d) You acknowledge that you shall use the Service only for its own use in accordance with the terms of this agreement. (e) You acknowledge you are responsible for all transactions processed using this Service.

Customer Acknowledgements. (a) You acknowledge that Bank will have no liability for payment of a check which is unauthorized or fraudulent if (i) the check was an Exception, (ii) You did not issue a Return Instruction, and (iii) You did not instruct Bank to return the check in the stipulated timely manner. (b) You acknowledge that this Service does not preclude our standard check processing procedures, which may cause a check to be dishonored even if your instructions or the established procedure do not otherwise require us to return such a check. (c) You acknowledge that you must fulfill your responsibilities in connection with this Service on each Business Day whether or not open for business. (d) You acknowledge that you shall use the Service only for its own use in accordance with the terms of this agreementAgreement. (e) You acknowledge you are responsible for all transactions processed using this Service.