Common use of Deposits Not Paid and Returned & Claims on Deposits Clause in Contracts

Deposits Not Paid and Returned & Claims on Deposits. All deposits or other credits (including checks, drafts items, Auto- mated Clearing House (“ACH”) transfers, wire transfers, etc.) credited to your account are conditioned upon being paid (that is to say, are “provisional”). This means that if we do not receive fi- nal payment on any deposit, we will charge your account for the amount of the item and a return fee as stated in the Rate and Fee disclosures. Further, if we incur a fee or any expense to collect any item, we may charge that fee or expense to your account (and you understand that you would be responsible for any addi- tional amount thereafter according to the terms of this Contract). After we have received final payment, we refer to these deposits as collected items. If any check, draft or item deposited to your account is returned to us unpaid, we have the right to charge back against your account the amount of the unpaid check, draft or item in addition to any fee incurred as stated in the Rate and Fee disclosures, whether the amount of the check, draft or item was available for your use or not (and you understand that you would be responsible for any additional amount thereafter accord- ing to the terms of this Contract). If any check, draft or item you deposit in your account is returned to us for any reason, you waive your right to any notice of nonpayment or dishonor for the check, draft or item. For both your benefit and ours, you under- stand that we may pursue payment of a previously dishonored or not paid check, draft or item at any time, including giving the financial institution the check, draft or item is drawn on extra time beyond any midnight deadline limits. Additionally, if anyone else makes a claim against us based on a check, draft or item you have deposited (including but not limited to, claims for breach of warranty based on forged or missing en- dorsements, for alteration or for conversion), we may charge your account for the amount of the check, draft or item and any fees, expenses and costs even if you have already received final credit and have already withdrawn the funds. You further understand and agree that you would be responsible for any additional amount owed thereafter according to the terms of this Contract.

Deposits Not Paid and Returned & Claims on Deposits. All deposits or other credits (including checks, drafts items, Auto- mated Automated Clearing House (“ACH”) transfers, wire transfers, etc.) credited to your account are conditioned upon condi- tioned on being paid (that is to say, are “provisional”). This means that if we do not receive fi- nal final payment on any deposit, we will charge your account for the amount of the item and a return fee as stated in the Rate and Fee disclosures. Further, if we incur a fee or any expense to collect any item, we may charge that fee or expense to your account (and you understand that you would be responsible for any addi- tional additional amount thereafter according to the terms of this ContractAgreement). After we have received final payment, we refer to these deposits as collected items. If any check, draft or item deposited to your account is returned to us unpaid, we have the right to charge back against your account the amount of the unpaid check, draft or item in addition to any fee incurred as stated in the Rate and Fee disclosures, whether the amount of the check, draft or item was available for your use or not (and you understand that you would be responsible for any additional amount thereafter accord- ing according to the terms of this ContractAgreement). If any check, draft or item you deposit in your account is returned to us for any reason, you waive your right to any notice of nonpayment or dishonor for the check, draft or item. For both your benefit and ours, you under- stand understand that we may pursue payment of a previously dishonored or not paid check, draft or item at any time, including giving the financial institution the check, draft or item is drawn on extra time beyond any midnight deadline limits. Additionally, if anyone else makes a claim against us based on a check, draft or item you have deposited (including but not limited to, claims for breach of warranty based on forged or missing en- dorsementsendorsements, for alteration or for conversion), we may charge your account for the amount of the check, draft or item and any fees, expenses and costs even if you have already received final credit and have already withdrawn the funds. You further understand and agree that you would be responsible for any additional addi- tional amount owed thereafter according to the terms of this ContractAgreement.

Deposits Not Paid and Returned & Claims on Deposits. All deposits or other credits (including checks, drafts items, Auto- mated Automated Clearing House (“ACH”) transfers, wire transfers, etc.) credited to your account are conditioned upon on being paid (that is to say, are “provisional”). This means that if we do not receive fi- nal payment final pay- ment on any deposit, we will charge your account for the amount of the item and a return re- turn fee as stated in the Rate and Fee disclosures. Further, if we incur a fee or any expense to collect any item, we may charge that fee or expense to your account (and you understand that you would be responsible for any addi- tional additional amount thereafter according to the terms of this ContractAgreement). After we have received final payment, we refer to these deposits as collected items. If any check, draft or item deposited to your account is returned to us unpaid, we have the right to charge back against your account the amount of the unpaid check, draft or item in addition to any fee incurred as stated in the Rate and Fee disclosures, whether the amount of the check, draft or item was available for your use or not (and you understand that you would be responsible for any additional amount thereafter accord- ing according to the terms of this ContractAgreement). If any check, draft or item you deposit in your account is returned to us for any reason, you waive your right to any notice of nonpayment non-payment or dishonor for the check, draft or item. For both your benefit and ours, you under- stand that agree we may pursue payment of a previously dishonored or not paid check, draft or item at any time, including giving the financial institution the check, draft or item is drawn on extra time beyond any midnight deadline limits. Additionally, if anyone else makes a claim against us based on a check, draft or item you have deposited (including but not limited to, claims for breach of warranty based on forged or missing en- dorsementsendorsements, for alteration or for conversion), we may charge your account for the amount of the check, draft or item and any fees, expenses and costs even if you have already received final credit and have already withdrawn the funds. You further understand and agree that you would be responsible for any additional addi- tional amount owed thereafter according to the terms of this ContractAgreement.

Deposits Not Paid and Returned & Claims on Deposits. All deposits or other credits (including checks, drafts items, Auto- mated Automated Clearing House (“ACH”) transfers, wire transfers, etc.) credited to your account are conditioned upon being paid (that is to say, are “provisional”). This means that if we do not receive fi- nal final payment on any deposit, we will charge your account for the amount of the item and a return fee as stated in the Rate and Fee disclosures. Further, if we incur a fee or any expense to collect any item, we may charge that fee or expense to your account (and you understand that you would be responsible for any addi- tional additional amount thereafter according to the terms of this ContractAgreement). After we have received final payment, we refer to these deposits as collected items. If any check, draft or item deposited to your account is returned to us unpaid, we have the right to charge back against your account the amount of the unpaid check, draft or item in addition to any fee incurred as stated in the Rate and Fee disclosures, whether the amount of the check, draft or item was available for your use or not (and you understand that you would be responsible for any additional amount thereafter accord- ing according to the terms of this ContractAgreement). If any check, draft or item you deposit in your account is returned to us for any reason, you waive your right to any notice of nonpayment non-payment or dishonor for the check, draft or item. For both your benefit and ours, you under- stand that agree we may pursue payment of a previously dishonored or not paid check, draft or item at any time, including giving the financial institution the check, draft or item is drawn on extra time beyond any midnight deadline limits. Additionally, if anyone else makes a claim against us based on a check, draft or item you have deposited (including but not limited to, claims for breach of warranty based on forged or missing en- dorsementsendorsements, for alteration or for conversion), we may charge your account for the amount of the check, draft or item and any fees, expenses and costs even if you have already received final credit and have already withdrawn the funds. You further understand and agree that you would be responsible for any additional addi- tional amount owed thereafter according to the terms of this ContractAgreement.