Common use of Duplication of Presentment Clause in Contracts

Duplication of Presentment. Customer shall establish and adhere to internal controls that ensure no Check will be deposited more than once. Customer represents and warrants to Bank that it will not: (i) create duplicate Images of any Check, (ii) transmit a duplicate Image of file to Bank, (iii) deposit or otherwise negotiate the original of any Check of which an Image was created; or (iv) . Customer further warrants that no subsequent transferee, including, but not limited to Bank, a collecting or returning bank, drawer, drawee, payee or endorser, will be asked to pay the original Check from which an Image was create or duplication thereof.

Appears in 4 contracts

Samples: Hancock Whitney Bank, Master Agreement, Master Agreement

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Duplication of Presentment. Customer shall establish and adhere to internal controls that ensure no Check will be deposited more than once. Customer represents and warrants to Bank that it will not: (i) create duplicate Images of any Check, (ii) transmit a duplicate Image of file to Bank, (iii) deposit or otherwise negotiate the original of any Check of which an Image was created; or (iv) . Customer further warrants that no subsequent transferee, including, but not limited to Bank, a collecting or returning bank, drawer, drawee, payee or endorser, will be asked to pay the original Check from which an Image was create or duplication thereof.

Appears in 2 contracts

Samples: Hancock Whitney Bank, Hancock Whitney Bank

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