Common use of Depositor Obligations Suspension Cancellation of Service Clause in Contracts

Depositor Obligations Suspension Cancellation of Service. 4.1. Eligible Items. You agree to scan and deposit only checks as that term is defined in the Federal Reserve Regulation CC (“Reg CC”). You agree that the image of the check transmitted shall be deemed an “item” within the meeting article 4 of the Uniform commercial Code. You agree that you will not use the Services to scan and deposit any checks or other items as shown below:

Appears in 4 contracts

Samples: Remote Check Deposit Agreement, Deposit Agreement, Remote Check Deposit Agreement

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