Common use of Incomplete or Conditional Items Clause in Contracts

Incomplete or Conditional Items. You agree not to issue a check that is incomplete or conditional. For example, you should not issue a check with the notation “void after 30 days.” The Bank has the right, however, to pay or refuse to pay an item which is incomplete or where payment is conditional and the condition has not been satisfied. For example, we may pay a check which says “void after 30 days” even though the check is presented more than thirty (30) days after its date.

Appears in 5 contracts

Samples: Bank Services Agreement, Bank Services Agreement, Bank Services Agreement

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Incomplete or Conditional Items. You agree not to issue a check that is incomplete or conditional. For example, you should not issue a check with the notation “void after 30 days.” The Bank has We have the right, however, to pay or refuse to pay an item which is incomplete or where payment is conditional conditional, and the condition has not been satisfied. For example, we may pay a check which says “void after 30 days” even though the check is presented more than thirty (30) days after its date. (See also the "Stop Payment Requests" subsection below.)

Appears in 2 contracts

Samples: Agreement, icm.aexp-static.com

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