DEPOSITED ITEMS Sample Clauses

DEPOSITED ITEMS. You understand all deposits are subject to verification and correction. We can accept an item for deposit or collection only, refuse it, or return it. In receiving items, we are acting only as your agent. We have no responsibility beyond ordinary care. You will not hold us responsible for default or negligence of our correspondents or loss of items in transit. Each correspondent we use will be liable only for its own negligence. If we give you credit for an item, we can revoke it if the item is not paid. Items deposited by mail will not be considered received by us until we actually receive them. You will not hold us responsible for loss of any item until we have received it under this standard. If an item requiring endorsement is deposited without it, you authorize but do not require us to supply it. You will reimburse us for loss or expense we incur because of any missing endorsement, whether yours or another’s, on a deposited item. We do not have to notify you of any nonrecurring ACH credits or wire transfers to the account. AUTOMATED CLEARING HOUSE TRANSACTIONS. Credit given by us to you with respect to an automated clearing house “ACH” credit entry is provisional until we receive final settlement for such entry through a Federal Reserve Bank. If we do not receive such final settlement you are hereby notified and agree that we are entitled to a refund of the amount credited to you in connection with such entry, and the party making payment to you via such entry (i.e. the originator of the entry) shall not be deemed to have paid you in the amount of such entry. Under the operating rules of the National Automated Clearing House Association, which are applicable to ACH transactions involving your account, we are not required to give next day notice to you of receipt of an ACH item and we will not do so. However, we will continue to notify you of the receipt of payment in the periodic statement we provide you. We may accept on your behalf payments to your account which have been transmitted through one or more Automated Clearing Houses “ACH” and which are not subject to the Electronic Fund Transfer Act and your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the state of New York, unless we have otherwise specified in a separate agreement with you that the law of some other state shall govern.

DEPOSITED ITEMS. 1. Where any items deposited at the reception of the Hotel for safekeeping are damaged or lost, the Hotel will compensate the Guest for the value of such items, excluding where such loss or damage was caused by reasons beyond the control of the Hotel. However, where the amount of cash or the value of the goods were not disclosed to the Hotel when being deposited, the amount of compensation is limited to JPY50,000. 2. The Hotel is not liable for any goods or items lost or damaged except for when such loss or damage was caused by the Hotel’s gross negligence or willful misconduct. The Hotel accepts no responsibility for cash or valuables. Please use the safe box in your room under your responsibility.

DEPOSITED ITEMS. Client agrees to scan and remotely deposit only items that are acceptable to Bank for deposit into a deposit account as described in the Deposit Agreement, which is incorporated by reference and made a part hereof. Client agrees to only deposit checks (“Checks” or “Items”), as that term is defined in Federal Reserve Board Regulation CC (“Reg CC”) at section 229.2(k), payable to Client. Client understands and agrees that Client will not deposit Items that are issued by Client or Client’s affiliates drawn on Client’s or affiliates’ accounts, Items prohibited by the Procedures, defined below, or in violation of any law, or any Item that Client suspects or should know to be fraudulent or not authorized by the legal owner of the account on which the Check is drawn. Client agrees that it will not deposit, without Bank’s prior written consent, “substitute checks” as defined by federal law or Image Replacement Documents that purport to be substitute checks and which have been previously endorsed by a bank. If Client deposits such an Item, Client agrees to reimburse Bank for any losses, costs and expenses Bank may incur associated with warranty or indemnity claims. If Client provides Bank with an electronic representation of a substitute check for deposit into Client’s account instead of an original check, Client agrees to reimburse Bank for losses, costs and expenses Bank incurs because the substitute check resulting from the electronic representation does not meet applicable substitute check standards and/or causes duplicate payments. Client will not deposit foreign Items drawn on financial institutions that are located outside of the United States or Territories of the United States. Client will also not deposit any third party checks.

DEPOSITED ITEMS. All checks deposited through the remote deposit service will be deposited under the provisions of the current Client deposit agreement with Bank. In addition, Client agrees to follow Automated Clearing House Rules and Regulations and the provisions of The Check Clearing for the 21st Century Act for all checks deposited where applicable. Client agrees that all checks will not be deposited through the remote deposit service more than once and the original checks will be securely stored then destroyed within 45 days from the date of deposit unless otherwise agreed to in writing. Client also agrees to review and validate the accuracy of the check data captured including the amount of the check and the legibility of the check image through the remote deposit service. Client agrees to only deposit checks drawn on United States financial institutions through the remote deposit service.

DEPOSITED ITEMS. All checks that are deposited through the DepositNOW Service will be deposited under the provisions of the then current Customer Deposit Agreement with Valley. In addition, Customer agrees to follow Automated Clearing House Rules and Regulations and the provisions of The Check Clearing for the 21st Century Act for all checks deposited, to the extent applicable. You agree that the image of the check transmitted to us will be deemed an “item” within the meaning of Article 4 of the applicable Uniform Commercial Code. Customer agrees that the original checks will not be deposited through the DepositNOW Service or any other means so as to cause the same item to be presented more than once. Customer also agrees to review and validate the accuracy of the check data captured by the Compatible Mobile Device including both the amount of the check and the legibility of the check image being deposited through the DepositNOW Service. Customer agrees to deposit only checks drawn on United States financial institutions and payable in United States Currency through the DepositNOW Service. The paper originals of each check must be properly endorsed by the Customer prior to scanning the item.

DEPOSITED ITEMS. All checks deposited through the Service will be under the provisions of the current Customer “Account Agreement" with MPB. In addition, Customer agrees to follow Automated Clearing House Rules and Regulations and the provisions of The Check Clearing for the 21st Century Act for all checks deposited where applicable. MPB prohibits deposit of the following of checks: i. Checks payable to any person or entity other than Customer, or to Customer and another party; ii. Checks containing any alteration of which Customer know or believe to be fraudulent or not authorized by the owner of the account on which the check is drawn; iii. Checks that are not in original form with an original signature, such as substitute checks or remotely created checks; iv. Checks drawn on a financial institution located outside the United States; v. Checks not payable in United States currency; vi. Checks or items on which Customer knows or believes a stop payment order has been issued or for which there are insufficient funds; vii. Checks or items on which Customer knows or believes has been presented for payment previously, whether they have been paid or not. 1. MPB reserves the right to reject any check transmitted through System, at its discretion, without liability. MPB is not responsible for processing or transmission errors that may occur, or for deposited items MPB did not receive. 2. Although, deposits sent using MCS may be ‘submitted’ any time of day, weekend, or holiday, items will only be deposited to an account on a business day. Deposits received by 7 PM (CST) on a business day will be processed same day, provided that the deposited items meet all requirements. If deposit or deposited items require MPB review, or were received after the daily cut-off time of 7 PM (CST), the deposited items will be processed the next business day. The daily cut-off time for electronic deposits is subject to change without notice to Customer. 3. The front and back images of an item transmitted to MPB must be legible. Items with poor image quality may delay the deposit process, and Customer may be instructed to deposit the check using other methods. Customer agrees that MPB shall not be liable for any damages resulting from items with poor image quality, including those related to rejection of, or the delayed or improper crediting of such a check, or from any inaccurate information Customer supplies regarding the check or item. 4. Customer must notify MPB of any errors, or suspected error...