Common use of Endorsement Standards Clause in Contracts

Endorsement Standards. The area from the trailing edge of a check to 1.5 inches from the trailing edge of a check is reserved for the payee’s endorsement. The trailing edge of a check is defined as the left side of the check looking at it from the front. You and all other endorsers must make your endorsement within this prescribed area. If any endorsement or other writing that you or any other endorser makes causes any error or delay in the processing of the item, you agree that you will be liable for any loss that we incur as a result of that delay or error, and you agree to hold us harmless from any such loss.

Appears in 6 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement, Membership and Account Agreement

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Endorsement Standards. The area from the trailing edge of a check to 1.5 inches from the trailing edge of a check is reserved for the payee’s endorsement. The trailing edge of a check is defined as the left side of the check looking at it from the front. You and all other endorsers must make your endorsement within this prescribed area. If any endorsement or other writing that you or any other endorser makes causes any error or delay in the processing of the item, you agree that you will be liable for any loss that we incur as a result of that delay or error, and you agree to hold us harmless from any such loss. We are not required to recognize endorsement restrictions limiting payment to a particular person or prohibiting further transfer or negotiation of the instrument and we will not do so.

Appears in 3 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

Endorsement Standards. The area from the trailing edge of a check to 1.5 inches from the trailing edge of a check is reserved for the payee’s 's endorsement. The trailing edge of a check is defined as the left side of the check looking at it from the front. You and all other endorsers must make your endorsement within this prescribed area. If any endorsement or other writing that which you or any other endorser makes causes any error or delay in the processing of the item, you agree that you will be liable for any loss that which we incur as a result of that delay or error, and you agree to hold us harmless from any such loss.

Appears in 3 contracts

Samples: www.texanscu.org, www.texanscu.org, www.texanscu.org

Endorsement Standards. The area from the trailing edge of a check to 1.5 inches from the trailing edge of a check is reserved for the payee’s endorsement. The trailing edge of a check is defined as the left side of the check looking at it from the front. You and all other endorsers must make your endorsement within this prescribed area. If any endorsement or other writing that which you or any other endorser makes causes any error or delay in the processing of the item, you agree that you will be liable for any loss that which we incur as a result of that delay or error, and you agree to hold us harmless from any such loss.

Appears in 2 contracts

Samples: Account Agreement, www.texanscu.org

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Endorsement Standards. The area from the trailing edge of a check to 1.5 inches from the trailing edge of a check is reserved for the payee’s 's endorsement. The trailing edge of a check is defined as the left side of the check looking at it from the front. You and all other endorsers must make your endorsement within this prescribed area. If any endorsement or other writing that you or any other endorser endorsers makes causes any error or delay in the processing of the item, you agree that you will be liable for any loss that we incur as a result of that delay or error, and you agree to hold us harmless from any such loss.

Appears in 1 contract

Samples: Credit Union Membership and Account Agreement

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