Common use of Insufficient Funds to Pay a Check Clause in Contracts

Insufficient Funds to Pay a Check. If the funds in your checking account are not sufficient to pay checks, drafts or other items presented and drawn on your account, those checks, drafts and items will subject to our overdraft procedures and any overdraft service or agreement you have with us. You understand that we have no duty to notify you if there are insufficient funds to pay your check, draft or item. If we elect to pay a check, draft, item or transfer that would overdraw your account (beyond an agreement or service we have agreed to provide you), it does not mean that we will pay a check, draft, item or transfer that will overdraw your account in the future. If we pay a check, draft, item or transfer that would overdraw your account you agree to repay us the amount of that paid check, draft, item or transfer plus any fee disclosed for that service immediately (or at the latest pursuant to any agreement or service we have agreed to provide you). Should we dishonor and return a check, draft or item drawn on an account with insufficient funds, your account will be subject to a fee for the dishonored and returned check, draft, or item in accordance with the Rate and Fee disclosures. You also understand and agree that we are not liable if we refuse to pay a check, draft or item drawn on your account and return it when nonpayment occurs as result of our charging your account for any obligation you owe us. Your account may be subject to a fee for each item regardless of whether we pay or return the item. We may charge a fee each time an item is submitted or resubmitted for payment; therefore, you may be assessed more than one fee as a result of a returned item and resubmission(s) of the returned item. Finally, in the event we are frequently returning your checks drawn on your account for insufficient funds we may consider that account abuse and may close your account under this contract.

Appears in 2 contracts

Samples: geneseeval.secure.cusolutionsgroup.net, geneseevalleyfcu.com

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Insufficient Funds to Pay a Check. If the funds in your checking account are not sufficient to pay checks, drafts drafts, or other items presented and drawn on your account, those checks, drafts drafts, and items will subject to be covered by our overdraft procedures and any overdraft service or agreement you have with us. You understand and agree that we have no duty to notify you you, if there are insufficient funds to pay your check, draft draft, or item. If we elect to pay a check, draft, item item, or transfer that would overdraw your account (beyond an agreement or service we have agreed to provide you), it does not mean that we will pay a check, draft, item item, or transfer that will overdraw your account in the future. If we pay a check, draft, item item, or transfer that would overdraw your account account, you agree to repay us the amount of that paid check, draft, item item, or transfer plus and any fee disclosed for that service immediately (or at the latest pursuant to any agreement or service we have agreed to provide you). Should we dishonor and return a check, draft draft, or item drawn on an account with insufficient funds, your account will be subject to charged a fee for the dishonored and returned check, draft, or item as stated in accordance with the Rate and Fee disclosures. You also understand and agree that we are not liable if we refuse to pay a check, draft draft, or item drawn on your account and return it when nonpayment occurs as result of our charging your account for any obligation you owe us. Your account may be subject to a fee for each item regardless of whether we pay or return the item. We may charge a fee each time an item is submitted or resubmitted for payment; therefore, you may be assessed more than one fee as a result of a returned item and resubmission(s) of the returned item. Finally, in the event if we are frequently returning your repeatedly presented with checks drawn on your account for insufficient funds funds, we may consider that account abuse and may close your account under this contractContract.

Appears in 1 contract

Samples: www.rgvcu.coop

Insufficient Funds to Pay a Check. If the funds in your checking account are not sufficient to pay checks, drafts or other items presented and drawn on your account, those checks, drafts and items will subject to our overdraft procedures and any overdraft service or agreement program you have with us. You understand that we have no duty to notify you if there are insufficient funds to pay your check, draft or item. If we elect to pay a check, draft, item or transfer that would overdraw your account (beyond an agreement service or service program we have agreed to provide you), it does not mean that we will pay a check, draft, item or transfer that will overdraw your account in the future. If we pay a check, draft, item or transfer that would overdraw your account you agree to repay us the amount of that paid check, draft, item or transfer plus any fee disclosed for that service immediately (or at the latest pursuant to any agreement service or service program we have agreed to provide you). Should we dishonor and return a check, draft or item drawn on an account with insufficient funds, your account will be subject to a fee for the dishonored and returned check, draft, or item in accordance with the Rate and Fee disclosures. You also understand and agree that we are not liable if we refuse to pay a check, draft or item drawn on your account and return it when nonpayment occurs as result of our charging your account for any obligation you owe us. Your account may be subject to a fee for each item regardless of whether we pay or return the item. We may charge a fee each time an item is submitted or resubmitted for payment; therefore, you may be assessed more than one fee as a result of a returned item and resubmission(s) of the returned item. Finally, in the event we are frequently returning your checks drawn on your account for insufficient funds we may consider that account abuse and may close your account under this contract.

Appears in 1 contract

Samples: Your and Our Agreement

Insufficient Funds to Pay a Check. If the funds in your checking share draft account are not sufficient to pay checks, drafts or other items presented and drawn on your account, those checks, drafts and items will subject to be covered by our overdraft procedures and any overdraft service or agreement you have with us. You understand that we have no duty to notify you if there are insufficient funds to pay your check, draft or item. If we elect to pay a check, draft, item or transfer that would overdraw your account (beyond an agreement or service we have agreed to provide you), it does not mean that we will pay a check, draft, item or transfer trans- fer that will overdraw your account in the future. If we pay a check, draft, item or transfer that would overdraw your account account, you agree to repay us the amount of that paid check, draft, item or transfer plus and any fee disclosed for that service immediately (or at the latest pursuant to any agreement or service we have agreed to provide you). Should we dishonor and return a check, draft or item drawn on an account with insufficient funds, your account will be subject to charged a fee for the dishonored and returned check, draft, draft or item as stated in accordance with the Rate and Fee disclosures. You also understand and agree that we are not liable if we refuse to pay a check, draft or item drawn on your account and return it when nonpayment non-payment occurs as result of our charging your account ac- count for any obligation you owe us. Your account may be subject to a fee for each item regardless of whether we pay or return the item. We may charge a fee each time an item is submitted or resubmitted for payment; therefore, you may be assessed more than one fee as a result of a returned item and resubmission(s) of the returned item. Finally, in the event if we are frequently returning your checks repeatedly presented with checks, drafts, items or transfers drawn on your account for insufficient funds funds, we may consider that account abuse and may close your account under this contractAgreement.

Appears in 1 contract

Samples: Member Service Agreement

Insufficient Funds to Pay a Check. If the funds in your checking share draft account are not sufficient to pay checks, drafts or other items presented and drawn on your account, those checks, drafts and items will subject be handled according to our overdraft procedures and any overdraft service or agreement Agreement you have with us. You understand that we have no duty to notify you if there are insufficient funds to pay your check, draft or item. If we elect to pay a check, draft, item or transfer that would overdraw your account (beyond an agreement or service we have agreed to provide you), it does not mean that we will pay a check, draft, item or transfer that will overdraw your account in the future. If we pay a check, draft, item or transfer that would overdraw your account you agree to repay us the amount of that paid check, draft, item or transfer plus and any fee disclosed for that service immediately (or at the latest pursuant to any agreement or service we have agreed to provide you). Should we dishonor and return a check, draft or item drawn on an account with insufficient in- sufficient funds, your account will be subject to charged a fee for the dishonored and returned check, draft, draft or item as stated in accordance with the Rate and Fee disclosures. You also understand and agree that we are not liable if we refuse to pay a check, draft or item drawn on your account and return it when nonpayment occurs as a result of our charging your account for any obligation you owe us. Your account may be subject to a fee for each item regardless of whether we pay or return the item. We may charge a fee each time an item is submitted or resubmitted for payment; therefore, you may be assessed more than one fee as a result of a returned item and resubmission(s) of the returned item. Finally, in the event if we are frequently returning your checks repeatedly presented with checks, drafts, items or transfers drawn on your account for insufficient funds funds, we may consider that account abuse and may close your account under this contractAgreement.

Appears in 1 contract

Samples: Service Agreement

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Insufficient Funds to Pay a Check. If the funds in your checking account are not sufficient to pay checks, drafts or other items presented and drawn on your account, those checks, drafts and items will subject to be covered by our overdraft procedures and any overdraft service or agreement you have with us. You understand that we have no duty to notify you if there are insufficient insuffi- cient funds to pay your check, draft or item. If we elect to pay a check, draft, item or transfer that would overdraw your account (beyond an agreement or service we have agreed to provide you), it does not mean that we will pay a check, draft, item or transfer that will overdraw your account in the future. If we pay a check, draft, item or transfer that would overdraw your account account, you agree to repay us the amount of that paid check, draft, item or transfer plus and any fee disclosed for that service immediately (or at the latest pursuant pursu- ant to any agreement or service we have agreed to provide you). Should we dishonor and return a check, draft or item drawn on an account with insufficient funds, your account will be subject to charged a fee for the dishonored and returned check, draft, draft or item as stated in accordance with the Rate and Fee disclosures. You also understand and agree that we are not liable if we refuse to pay a check, draft or item drawn on your account and return it when nonpayment non-payment occurs as result of our charging your account for any obligation you owe us. Your account may be subject to a fee for each item regardless of whether we pay or return the item. We may charge a fee each time an item is submitted or resubmitted for payment; therefore, you may be assessed more than one fee as a result of a returned item and resubmission(s) of the returned item. Finally, in the event if we are frequently returning your checks repeatedly presented with checks, drafts, items or transfers drawn on your account for insufficient funds funds, we may consider that account abuse and may close your account under this contractAgreement.

Appears in 1 contract

Samples: Member Service Agreement

Insufficient Funds to Pay a Check. If the funds in your checking account are not sufficient to pay checks, drafts or other items presented and drawn on your accountac- count, those checks, drafts and items will subject be handled according to our overdraft procedures and any overdraft service or agreement Contract you have with us. You understand that we have no duty to notify you if there are insufficient funds to pay your check, draft or item. If we elect to pay a check, draft, item or transfer that would overdraw your account (beyond an agreement or service we have agreed to provide pro- vide you), it does not mean that we will pay a check, draft, item or transfer that will overdraw your account in the future. If we pay a check, draft, item or transfer that would overdraw your account you agree to repay us the amount of that paid check, draft, item or transfer plus and any fee disclosed for that service immediately (or at the latest lat- est pursuant to any agreement or service we have agreed to provide pro- vide you). Should we dishonor and return a check, draft or item drawn on an account with insufficient funds, your account will be subject to charged a fee for the dishonored and returned check, draft, draft or item as stated in accordance with the Rate and Fee disclosures. You also understand and agree that we are not liable if we refuse to pay a check, draft or item drawn on your account and return it when nonpayment occurs as a result of our charging your account for any obligation you owe us. Your account may be subject to a fee for each item regardless of whether we pay or return the item. We may charge a fee each time an item is submitted or resubmitted for payment; therefore, you may be assessed more than one fee as a result of a returned item and resubmission(s) of the returned item. Finally, in the event if we are frequently returning your checks repeatedly presented with checks, drafts, items or transfers drawn on your account for insufficient funds funds, we may consider that account abuse and may close your account under this contractContract.

Appears in 1 contract

Samples: www.mecuanywhere.com

Insufficient Funds to Pay a Check. If the funds in your checking account are not sufficient to pay checks, drafts or other items presented and drawn on your account, those checks, drafts and items will subject to our overdraft procedures and any overdraft service or agreement you have with us. You understand that we have no duty to notify you if there are insufficient funds to pay your check, draft or item. If we elect to pay a check, draft, item or transfer that would overdraw your account (beyond an agreement or service we have agreed to provide you), it does not mean that we will pay a check, draft, item or transfer that will overdraw your account in the future. If we pay a check, draft, item or transfer that would overdraw your account you agree to repay us the amount of that paid check, draft, item or transfer plus any fee disclosed for that service immediately (or at the latest pursuant to any agreement or service we have agreed to provide you). Should we dishonor and return a check, draft or item drawn on an account with insufficient funds, your account will be subject to a fee for the dishonored and returned check, draft, or item in accordance with the Rate and Fee disclosures. You also understand and agree that we are not liable if we refuse to pay a check, draft or item drawn on your account and return it when nonpayment occurs as result of our charging your account for any obligation you owe us. Your account may be subject to a fee for each item regardless of whether we pay or return the item. We may charge a fee each time an item is submitted or resubmitted for payment; therefore, you may be assessed more than one fee as a result of a returned item and resubmission(s) of the returned item. Finally, in the event we are frequently returning your checks drawn on your account for insufficient funds we may consider that account abuse and may close your account under this contract.

Appears in 1 contract

Samples: www.geneseevalleyfcu.com

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