Endorsement of Checks. From and after the Closing, Purchaser shall have the right and authority to retain and endorse without recourse the name of Seller on any check or any other evidences of indebtedness received by Purchaser on account of any of the Business and Purchased Assets transferred to Purchaser hereunder.
Endorsement of Checks. Seller hereby authorizes Purchaser following the Closing to endorse for deposit only its name on and collect for Purchaser’s account any checks received in payment of any Accounts Receivable included in the Transferred Assets, and any refunds of deposits, prepaid expenses and similar amounts included in the Transferred Assets.
Endorsement of Checks. From and after the Closing Date, Purchaser shall have the right and authority to retain and endorse without recourse the name of Seller on any check or any other evidence of indebtedness relating to a period on or after Closing, received by Purchaser on account of any of the Purchased Assets and the Business transferred to Purchaser hereunder.
Endorsement of Checks. Seller hereby agrees that any check received by Buyer on or after the Closing Date as payment on account of any account receivable constituting a part of the Purchased Assets, which check is payable to Seller, may be endorsed in Seller's name by Buyer for its own account.
Endorsement of Checks. A broker must not endorse or accept, without authority of his client, any U.S. Government draft, check, or war- rant drawn to the order of the client.
Endorsement of Checks. The Credit Union will require endorsement of Checks processed through the use of the Services. You agree to properly endorse each Check and print “For P1FCU Mobile Deposit only” directly under endorsement prior to scanning or submitting such Check with the Services. Image Quality-You are responsible for inspecting and verifying the quality of the images associated with Image Items, thus ensuring that the digitized images of the front and back of original Checks are legible for all posting and clearing purposes by the Credit Union. Specifically, You are representing and warranting to the Credit Union that:
Endorsement of Checks. The Uniform Commercial Code provides that a bank becomes a holder of unendorsed items when the customer who is a holder of the item delivers the item to a depositary bank for collection. In accordance with that section, while Customer authorizes Bank to endorse items in its name and on its behalf, Bank may, in its sole discretion, elect not to place Customer's endorsement on items deposited by Bank to Customer's account.
(i) Each Bank Business Day, the Processor will collect all incoming remittances from the Post Office according to Processor’s established delivery schedule. Once received, Bank will open the envelopes and remove the checks, money orders, cash, and other forms of payment (“Remittances”), and the statements, invoices, correspondence, papers, documents, or other items (“Remittance Materials”). Remittance Materials and envelopes containing Remittance Materials must be of a size and paper quality so as to be properly processed through Bank’s equipment without damage. Bank shall add the checks received for deposit, prepare a deposit slip, and make the deposit to the Lockbox Account, provided that for Retail Processing, Exception Items (defined below) will be handled according to the Exception Item procedures outlined below. Except as otherwise specifically provided in this Product Schedule, Bank will not reconcile the checks, cash, or other items in the envelopes to the invoice, statements or other documents contained in the envelope.
(ii) The Processor will provide the Customer with a website address where the Customer can view reports and images of daily transactions in the Customer’s account(s). Each Customer shall also be provided with a unique user ID and password that must be entered in order to access the Remittance account(s).
Endorsement of Checks. Co-Brand Partner acknowledges that Cardholders may from time to time make payment to FNBO by checks made payable to Co-Brand Partner, Co-Brand Partner acknowledges that FNBO may, but need not, permit such mode of payment as a customer convenience only and that the presence of Co-Brand Partner’s name on such checks does not confer any right or interest therein to Co-Brand Partner and FNBO shall be the sole owner of such checks. Co-Brand Partner consents to FNBO’s endorsement, during and after the Term hereof, on FNBO’s behalf, of Co-Brand Partner’s name on all such checks in which FNBO has an interest.
Endorsement of Checks. From and after the Closing, Buyer shall have the right and authority to retain and endorse without recourse the name of Seller on any check or any other evidences of indebtedness received by Buyer on account of any of the Business and Purchased Assets transferred to Buyer hereunder. Seller shall have the right and authority to retain and endorse without recourse the name of Buyer on any check or any other evidences of indebtedness received by Seller on account of any of the Retained Assets not transferred to Buyer hereunder and any unpaid Receivables assigned to Seller for collection pursuant to Section 1.12.
Endorsement of Checks. Buyer shall have the right and authority to retain and endorse without recourse the name of NSC on any check or any other evidences of Indebtedness received by Buyer on account of the Business and arising from the Purchased Assets. To the extent that Buyer comes into the possession of any check or any other evidences of Indebtedness received by Buyer and relating to the Excluded Assets, Buyer shall promptly deliver the same to NSC.
