Common use of Destruction of Original Items Clause in Contracts

Destruction of Original Items. After you use the Service to deposit an item, you agree not to deposit the same item anywhere else or through any other channel. Upon receipt of a confirmation from SACU that we have received the image of an item, you agree to prominently xxxx the item as “Electronically Presented” or “VOID”. You agree to retain the item for fourteen (14) days, or longer if we request it, and then destroy the item or otherwise make it incapable of further deposit or presentment. You agree to be liable for the failure to destroy items as described in this Agreement, or if an item is deposited through the Service and the same item is later presented or deposited again.

Appears in 2 contracts

Samples: General Terms, General Terms

AutoNDA by SimpleDocs

Destruction of Original Items. After you use the Service to deposit an item, you agree not to deposit the same item anywhere else or through any other channel. Upon receipt of a confirmation from SACU that we have received the image of an itemitem and your check has been posted, you agree to prominently xxxx the item as “Electronically PresentedDeposited” or “VOID” along with the date on the face of the check. You agree to retain the item for fourteen (14) days, calendar days or longer if we request it, and then destroy the item or otherwise make it incapable of further deposit or presentment. You agree to be liable for the failure to destroy items as described in this Agreement, or if an item is deposited through the Service and the same item is later presented or deposited again.

Appears in 1 contract

Samples: Mobile Deposit Service Agreement

AutoNDA by SimpleDocs

Destruction of Original Items. After you use the Service to deposit an item, you agree not to deposit the same item anywhere else or through any other channel. Upon receipt of a confirmation from SACU that we have received the image of an itemitem and your check has been posted, you agree to prominently xxxx mark the item as “Electronically PresentedDeposited” or “VOID” along with the date on the face of the check. You agree to retain the item for fourteen (14) days, calendar days or longer if we request it, and then destroy the item or otherwise make it incapable of further deposit or presentment. You agree to be liable for the failure to destroy items as described in this Agreement, or if an item is deposited through the Service and the same item is later presented or deposited again.

Appears in 1 contract

Samples: Mobile Deposit Service Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.