Common use of Deposit and File Limits Clause in Contracts

Deposit and File Limits. Member’s use of Remote Deposit is limited as more particularly described in the letter provided by Navigant to Member at the time of enrolling in Remote Deposit (the “Enrollment Letter”), and as the parties may otherwise agree from time to time. Such limits may include but are not limited to maximum total daily dollar amounts; maximum per item dollar amounts; maximum percentage of monthly transactions returned; and maximum number of items to be deposited per day. In its sole and exclusive discretion from time to time, Navigant may also require that Member provide collateral or maintain a minimum balance in one or more of Member’s Deposit Accounts to cover the risk of return and/or claims against deposited items. In addition, Navigant may require that Member maintain such collateral coverage or minimum balance with Navigant beyond termination of Member’s use of Remote Deposit.

Deposit and File Limits. Member’s use of Remote Deposit is limited as more particularly described in the letter provided by Navigant Xxxxxxxx to Member at the time of enrolling in Remote Deposit (the “Enrollment Letter”), and as the parties may otherwise agree from time to time. Such limits may include but are not limited to maximum total daily dollar amounts; maximum per item dollar amounts; maximum percentage of monthly transactions returned; and maximum number of items to be deposited per day. In its sole and exclusive discretion from time to time, Navigant may also require that Member provide collateral or maintain a minimum balance in one or more of Member’s Deposit Accounts to cover the risk of return and/or claims against deposited items. In addition, Navigant may require that Member maintain such collateral coverage or minimum balance with Navigant beyond termination of Member’s use of Remote Deposit.