Common use of DEPOSIT FEATURE Clause in Contracts

DEPOSIT FEATURE. The deposit feature of the Cash Vault and Deposit Services allows Client to present items and Cash for deposit to Client’s Bank deposit accounts, which may be made available to Client by Bank using Provider’s local depository facilities. Deposits of Cash may be subject to a daily or transaction based limitations. All deposits made must be entered by Client on deposit tickets. The deposit tickets must be locked, sealed in the containers (“Bags”) and placed with the Courier by Client or Client’s authorized representative, or personally delivered to Provider’s local depositoryfacility. Items delivered pursuant to this Service Description including any instructions provided in the Supporting Documents, must be payable to Client and be properly endorsed by Client.

DEPOSIT FEATURE. The deposit feature of the Cash Vault and Deposit Services allows Client to present items and Cash for deposit to Client’s Bank deposit accounts, which may be made available to Client by Bank using Provider’s local depository facilities. Deposits of Cash may be subject to a daily or transaction based limitations. All deposits made must be entered by Client on deposit tickets. The deposit tickets must be locked, sealed in the containers (“Bags”) and placed with the Courier by Client or Client’s authorized representative, or personally delivered to Provider’s local depositoryfacilitydepository facility. Items delivered pursuant to this Service Description including any instructions provided in the Supporting Documents, must be payable to Client and be properly endorsed by Client.