Common use of Maintenance and Destruction of Original Check Clause in Contracts

Maintenance and Destruction of Original Check. You shall stamp or write on the original Check “Processed” after the process of depositing the Check in accordance with this Agreement. You shall securely store all original Checks for a minimum of 30 business days after they have been posted to your Account(s) (such period is the “Retention Period”). During the Retention Period, you shall take appropriate security measures to ensure that: (a) only authorized individuals or personnel shall have access to original Checks, (b) the information contained on such Checks shall not be disclosed, (c) such Checks will not be duplicated or scanned more than one time and (d) such Checks will not be deposited or negotiated in any form. You shall destroy original Checks upon the expiration of the Retention Period applicable to such Checks. You will use commercially reasonable methods to destroy original Checks after expiration of the Retention Period. You hereby indemnify us for, and hold us harmless from and against, any and all claims, demands, actions, causes of action, losses and damages, of whatever nature or kind, and regardless of the theory upon which the same is (are) based, caused directly or indirectly by, arising out of, related to, in connection with or resulting wholly or partially from, the destruction of original Checks by you. You will promptly (but in all events within 5 Business Days) provide any retained Check to us as requested to aid in the clearing and collection process or to resolve claims by third parties with respect to any Check. Image and MICR Quality. Each File transmitted by you to us shall contain Images of the front and the back of the Check(s) imaged and deposited through your Mobile Device by you. Each Image of each Check shall be of such quality that the following information can clearly be read and understood by sight review of such Image:

Appears in 3 contracts

Samples: Mobile Remote Deposit Capture Agreement, Mobile Remote Deposit Capture Agreement, Mobile Remote Deposit Capture Agreement

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Maintenance and Destruction of Original Check. You shall stamp or write on the original Check “Processed” after before or during the process of depositing the Check in accordance with Section 4 of this Agreement. You shall securely store all original Checks for a minimum of 30 business days after until they have been posted to your Account(s) (such period is the “Retention Period”). During the Retention Period, you shall take appropriate security measures to ensure that: (a) only authorized individuals or personnel shall have access to original Checks, (b) the information contained on such Checks shall not be disclosed, (c) such Checks will not be duplicated or scanned more than one time and (d) such Checks will not be deposited or negotiated in any form. You shall destroy original Checks upon the expiration of the Retention Period applicable to such Checks. You will use commercially reasonable methods to destroy original Checks after expiration of the Retention PeriodPeriod and can review the User Guide available on our website, xxx.xxxxxx.xxx, to review reasonable methods of destruction. You hereby indemnify us for, and hold us harmless from and against, any and all claims, demands, actions, causes of action, losses and damages, of whatever nature or kind, and regardless of the theory upon which the same is (are) based, caused directly or indirectly by, arising out of, related to, in connection with or resulting wholly or partially from, the destruction of original Checks by you. You will promptly (but in all events within 5 Business Days) provide any retained Check (or, if the Check is no longer in existence, a sufficient copy of the front and back of the Check) to us as requested to aid in the clearing and collection process or to resolve claims by third parties with respect to any Check. Image and MICR Quality. Each File transmitted by you to us shall contain Images of the front and the back of the Check(s) imaged and deposited through your Mobile Device by you. Each Image of each Check shall be of such quality that the following information can clearly be read and understood by sight review of such Image:.

Appears in 1 contract

Samples: Mobile Remote Deposit Capture Agreement

Maintenance and Destruction of Original Check. You shall stamp or write on the original Check “Processed” after the process of depositing the Check in accordance with this Agreement. You shall securely store all original Checks for a minimum period of 30 business ten (10) days after they you have received notice from us that the Mobile Deposit containing the Check Images has been posted to your Account(s) accepted (such period is the “Retention Period”). During the Retention Period, you shall take appropriate security measures to ensure that: (a) only authorized individuals or personnel you shall have access to original Checks, (b) the information contained on such Checks shall not be disclosed, (c) such Checks will not be duplicated or scanned more than one time and (d) such Checks will not be deposited or negotiated in any form. You shall destroy original Checks upon will promptly (but in all events within 5 Business Days) provide any retained Check (or, if the expiration Check is no longer in existence, a replacement Check or a sufficient copy of the Retention Period applicable to such Checks. You will use commercially reasonable methods to destroy original Checks after expiration front and back of the Retention PeriodCheck) to us as requested to aid in the clearing and collection process or to resolve claims by third parties with respect to any Check. If not provided in a timely manner, such amount will be reversed from your Deposit Account. Promptly after such period expires, you must destroy the original check by first marking it “VOID” and then destroying it by cross-cut shredding or another commercially acceptable means of destruction. After destruction of an original check, the image will be the sole evidence of the original check. You hereby indemnify us for, and hold us harmless from and against, any and all claims, demands, actions, causes of action, losses and damages, of whatever nature or kind, and regardless of the theory upon which the same is (are) based, caused directly or indirectly by, arising out of, related to, in connection with or resulting wholly or partially from, the destruction of original Checks by you. You agree that you will promptly (but in all events within 5 Business Days) provide any retained Check to us as requested to aid in never re-present the clearing and collection process or to resolve claims by third parties with respect to any original Check. Image and MICR Quality. Each File transmitted by You understand that you are responsible if anyone is asked to us shall contain Images of the front and the back of the Check(s) imaged and deposited through your Mobile Device by you. Each Image of each make a payment based on an original Check shall be of such quality that the following information can clearly be read and understood by sight review of such Image:has already been paid.

Appears in 1 contract

Samples: Electronic Banking Agreement

Maintenance and Destruction of Original Check. You shall stamp or write on the original Check “Processed” after the process of depositing the Check in accordance with this Agreement. You shall securely store all original Checks for a minimum period of 30 business ten (10) days after they you have received notice from us that the Mobile Deposit containing the Check Images has been posted to your Account(s) accepted (such period is the “Retention Period”). During the Retention Period, you shall take appropriate security measures to ensure that: (a) only authorized individuals or personnel you shall have access to original Checks, (b) the information contained on such Checks shall not be disclosed, (c) such Checks will not be duplicated or scanned more than one time and (d) such Checks will not be deposited or negotiated in any form. You shall destroy original Checks upon will promptly (but in all events within five (5) Business Days) provide any retained Check (or, if the expiration Check is no longer in existence, a replacement Check or a sufficient copy of the Retention Period applicable to such Checks. You will use commercially reasonable methods to destroy original Checks after expiration front and back of the Retention PeriodCheck) to us as requested to aid in the clearing and collection process or to resolve claims by third parties with respect to any Check. If not provided in a timely manner, such amount will be reversed from your Deposit Account. Promptly after such period expires, you must destroy the original check by first marking it “VOID” and then destroying it by cross-cut shredding or another commercially acceptable means of destruction. After destruction of an original check, the image will be the sole evidence of the original check. You hereby indemnify us for, and hold us harmless from and against, any and all claims, demands, actions, causes of action, losses and damages, of whatever nature or kind, and regardless of the theory upon which the same is (are) based, caused directly or indirectly by, arising out of, related to, in connection with or resulting wholly or partially from, the destruction of original Checks by you. You agree that you will promptly (but in all events within 5 Business Days) provide any retained Check to us as requested to aid in never re-present the clearing and collection process or to resolve claims by third parties with respect to any original Check. Image and MICR Quality. Each File transmitted by You understand that you are responsible if anyone is asked to us shall contain Images of the front and the back of the Check(s) imaged and deposited through your Mobile Device by you. Each Image of each make a payment based on an original Check shall be of such quality that the following information can clearly be read and understood by sight review of such Image:has already been paid.

Appears in 1 contract

Samples: Electronic Banking Agreement

Maintenance and Destruction of Original Check. You shall stamp or write on the original Check “Processed” after the process of depositing transmitting the Check in accordance with this AgreementImages to us. You shall securely store all original Checks for a minimum period of 30 business ten (10) days after they you have received notice from us that the Mobile Deposit containing the Check Images has been posted to your Account(s) accepted (such period is the “Retention Period”). During the Retention Period, you shall take appropriate security measures to ensure that: (a) only authorized individuals or personnel shall have access to the original Checkscheck is secured, (b) the information contained on such Checks shall not be disclosed, (c) such Checks will not be duplicated or scanned more than one time and (d) such Checks will not be deposited or negotiated in any form. You shall destroy original Checks upon the expiration of the Retention Period applicable to such Checks. You will use commercially reasonable methods to destroy original Checks after expiration of the Retention Period. You hereby indemnify us for, and hold us harmless from and against, any and all claims, demands, actions, causes of action, losses and damages, of whatever nature or kind, and regardless of the theory upon which the same is (are) based, caused directly or indirectly by, arising out of, related to, in connection with or resulting wholly or partially from, the destruction of original Checks by you. You will promptly (but in all events within 5 Business Days) provide any retained Check (or, if the Check is no longer in existence, a replacement Check, or a sufficient copy of the front and back of the Check) to us as requested to aid in the clearing and collection process or to resolve claims by third parties with respect to any Check. Image and MICR Quality. Each File transmitted by you to us shall contain Images of the front and the back of the Check(s) imaged and deposited through your Mobile Device by you. Each Image of each Check shall be of such quality that the following information can clearly be read and understood by sight review of such Image:.

Appears in 1 contract

Samples: Mobile Deposit Agreement

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Maintenance and Destruction of Original Check. You shall stamp or write on the original Check “Processed” after the process of depositing the Check in accordance with this Agreement. You shall securely store all original Checks for a minimum period of 30 business thirty (30) days after they you have received notice from us that the deposit containing the images of such Checks has been posted to your Account(s) accepted (such period is the “Retention Period”). During the Retention Period, you shall take appropriate security measures to ensure that: (a) only authorized individuals or personnel shall have access to original Checks, (b) the information contained on such Checks shall not be disclosed, (c) such Checks will not be duplicated or scanned more than one time and (d) such Checks will not be deposited or negotiated in any form. You shall destroy original Checks upon the expiration of the Retention Period applicable to such Checks. You will use commercially reasonable methods of destruction approved by us to destroy original Checks after expiration of the Retention Period. You hereby indemnify us for, and hold holds us harmless from and against, any and all claims, demands, actions, causes of action, losses and damages, of whatever nature or kind, and regardless of the theory upon which the same is (are) based, caused directly or indirectly by, arising out of, related to, in connection with or resulting wholly or partially from, the destruction of original Checks by youChecks. You will promptly (but in all events within 5 Business Daysbusiness days) provide any retained Check (or, if the Check is no longer in existence, a sufficient copy of the front and back of the Check) to us as requested to aid in the clearing and collection process or to resolve claims by third parties with respect to any Check. Image and MICR Quality. Each File transmitted by you to us shall contain Images of the front and the back of the Check(s) imaged and deposited through your Mobile Device by you. Each Image of each Check shall be of such quality that the following information can clearly be read and understood by sight review of such Image:.

Appears in 1 contract

Samples: Mobile Remote Deposit Capture End User License Agreement

Maintenance and Destruction of Original Check. You shall stamp or write on the original Check “Processed” after before or during the process of depositing the Check in accordance with Section 4 of this Agreement. You shall securely store all original Checks for a minimum of 30 business days after until they have been posted to your Account(s) (such period is the “Retention Period”). During the Retention Period, you shall take appropriate security measures to ensure that: (a) only authorized individuals or personnel shall have access to original Checks, (b) the information contained on such Checks shall not be disclosed, (c) such Checks will not be duplicated or scanned more than one time and (d) such Checks will not be deposited or negotiated in any form. You shall destroy original Checks upon the expiration of the Retention Period applicable to such Checks. You will use commercially reasonable methods to destroy original Checks after expiration of the Retention PeriodPeriod and can review the User Guide available on our website, xxx.xxxxxxxxxxx.xxx, to review reasonable methods of destruction. You hereby indemnify us for, and hold us harmless from and against, any and all claims, demands, actions, causes of action, losses and damages, of whatever nature or kind, and regardless of the theory upon which the same is (are) based, caused directly or indirectly by, arising out of, related to, in connection with or resulting wholly or partially from, the destruction of original Checks by you. You will promptly (but in all events within 5 Business Days) provide any retained Check (or, if the Check is no longer in existence, a sufficient copy of the front and back of the Check) to us as requested to aid in the clearing and collection process or to resolve claims by third parties with respect to any Check. Image and MICR Quality. Each File transmitted by you to us shall contain Images of the front and the back of the Check(s) imaged and deposited through your Mobile Device by you. Each Image of each Check shall be of such quality that the following information can clearly be read and understood by sight review of such Image:.

Appears in 1 contract

Samples: Online Banking Agreement

Maintenance and Destruction of Original Check. You shall stamp or write on the original Check “Processed” after the process of depositing the Check in accordance with this Agreement. You shall securely store all original Checks for a minimum period of 30 business ninety (90 ) days after they you have received notice from us that the deposit containing the images of such Checks has been posted to your Account(s) accepted (such period is the “Retention Period”). During the Retention Period, you shall take appropriate security measures to ensure that: (a) only authorized individuals or personnel shall have access to original Checks, (b) the information contained on such Checks shall not be disclosed, (c) such Checks will not be duplicated or scanned more than one time and (d) such Checks will not be deposited or negotiated in any form. You shall destroy original Checks upon the expiration of the Retention Period applicable to such Checks. You will use commercially reasonable methods of destruction approved by us to destroy original Checks after expiration of the Retention Period. You hereby indemnify us for, and hold holds us harmless from and against, any and all claims, demands, actions, causes of action, losses and damages, of whatever nature or kind, and regardless of the theory upon which the same is (are) based, caused directly or indirectly by, arising out of, related to, in connection with or resulting wholly or partially from, the destruction of original Checks by youChecks. You will promptly (but in all events within 5 Business Daysbusiness days) provide any retained Check (or, if the Check is no longer in existence, a sufficient copy of the front and back of the Check) to us as requested to aid in the clearing and collection process or to resolve claims by third parties with respect to any Check. Image and MICR Quality. Each File transmitted by you to us shall contain Images of the front and the back of the Check(s) imaged and deposited through your Mobile Device by you. Each Image of each Check shall be of such quality that the following information can clearly be read and understood by sight review of such Image:.

Appears in 1 contract

Samples: Mobile Remote Deposit Capture End User License Agreement

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