Common use of Maintenance and Disposal of Transmitted Checks Clause in Contracts

Maintenance and Disposal of Transmitted Checks. You shall stamp the original check “Processed” after the process of scanning the Check. Upon your receipt of a confirmation from the Bank that we received your transmitted Image, you agree to securely store the original Check for a period of 60 calendar days. from the date of the Image transmission (such period the “Retention Period”). During the Retention Period, you shall take appropriate security measures to ensure that: (a) only authorized individuals 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. Upon expiration of the Retention Period, you shall destroy the original Check you transmitted as an Image using commercially reasonable methods of destruction approved by Bank. You hereby indemnify Bank for, and hold Bank 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. During the Retention Period, you agree to promptly (but in all events within 5 business days) provide the original Check to the Bank upon request.

Appears in 3 contracts

Samples: Viking Bank Mobile Remote Deposit Agreement, Viking Bank Mobile Remote Deposit Agreement, Viking Bank Mobile Remote Deposit Agreement

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Maintenance and Disposal of Transmitted Checks. You shall stamp xxxx, stamp, or write on the original check “Processed” "Electronically Presented" after scanning and depositing the process of scanning the Checkcheck through this Service. Upon your receipt of a confirmation from the Bank that we received your transmitted Image, you You agree to securely store the original Check check for a period of 60 (sixty) calendar days. days from the date of the Image transmission (such period the “Retention Period”)transmission. During the this Retention Period, you shall take appropriate security measures to ensure that: (a) only authorized individuals persons shall have access to original Checkschecks, (b) the information contained on such Checks checks shall not be disclosed, (c) such Checks checks will not be duplicated or scanned more than one time and (d) such Checks checks will not be deposited or negotiated in any form. Upon expiration of During the Retention Period, you agree to promptly (no later than 10 calendar days) provide the original check to us upon request. The risk of loss due to the unavailability of the original or copy of a check for any reason, during the Retention Period, shall be exclusively on you. Upon expiration of this Retention Period, you shall securely destroy the original Check checks you transmitted as an Image using commercially reasonable methods of transmitted. You are obligated to ensure that the original checks are not accessed by unauthorized persons during the storage, destruction approved by Bankand disposal process. You hereby indemnify Bank us for, and hold Bank us harmless from and against, any and all claims, demands, actions, and causes of action, losses and damages, of whatever nature or kindnature, relating to the retention 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 checks by you. During the Retention Period, you agree to promptly (but in all events within 5 business days) provide the original Check to the Bank upon request.

Appears in 2 contracts

Samples: Deposit Service Agreement, Deposit Service Agreement

Maintenance and Disposal of Transmitted Checks. You shall stamp xxxx, stamp, or write on the original check “Processed” "Electronically Presented" after the process of scanning the Checkcheck in accordance with Section 6 of this Agreement. Upon your receipt of a confirmation from the Bank that we received your transmitted Image, you You agree to securely store the original Check check for a period of 60 fifteen (15) calendar days. days from the date of the Image transmission (such period the "Retention Period"). During the Retention Period, you shall take appropriate security measures to ensure that: (a) only authorized individuals persons shall have access to original Checkschecks, (b) the information contained on such Checks checks shall not be disclosed, (c) such Checks checks will not be duplicated or scanned more than one time and (d) such Checks checks will not be deposited or negotiated in any form. During the Retention Period, you agree to promptly (but in all events within 5 business days) provide the original check to the Bank upon request. The risk of loss due to the unavailability of the original or copy of a check for any reason, during the Retention Period, shall be exclusively on you. Upon expiration of the Retention Period, you shall securely and irretrievably destroy the original Check checks you transmitted as an Image using commercially reasonable methods of destruction. You are obligated to ensure that the original checks are not accessed by unauthorized persons during the storage, destruction approved by Bankand disposal process and, once destroyed, the original checks will be unprocessable and all sensitive personal and financial information undecipherable. You hereby indemnify the Bank for, and hold the Bank 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 retention and destruction of original Checks checks by you. During the Retention Period, you agree to promptly (but in all events within 5 business days) provide the original Check to the Bank upon request.

Appears in 2 contracts

Samples: Deposit Service Agreement, Mobile Deposit Service Agreement

Maintenance and Disposal of Transmitted Checks. You shall stamp clearly and legibly xxxx the original check "Processed" after You have completed the process of scanning the CheckCheck in accordance with the section of this Agreement titled Endorsements And Procedures. Upon your Your receipt of a confirmation from the Bank Credit Union that we We received your Your transmitted Image, you You agree to securely store the original Check for a period of 60 thirty (30) calendar days. days from the date of the Image transmission (such period the “Retention Period”)transmission. During the Retention Periodsaid thirty (30) day period, you You shall take appropriate security measures to ensure that: (a) A. only authorized individuals persons shall have access to original Checks, (b) ; B. the information contained on such Checks shall not be disclosed, (c) ; C. such Checks will not be duplicated or scanned more than one time time; and (d) D. such Checks will not be deposited or negotiated in any form. Upon expiration of the Retention Periodthirty (30) day period, you You shall destroy the original Check you You transmitted as an Image using commercially reasonable methods of destruction approved by Bankthat will result in the paper-based Item from being able to be processed, and all sensitive personal and financial information undecipherable. You hereby indemnify Bank Credit Union for, and hold Bank Credit Union 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 youYou. During the Retention Periodretention period, you You agree to promptly (but in all events within 5 business days) provide the original Check to the Bank upon request.five

Appears in 1 contract

Samples: Remote Deposit Capture Agreement

Maintenance and Disposal of Transmitted Checks. You shall stamp the original check “Processed” after the process of scanning the Check. Upon your receipt of a confirmation from the Bank that we received your transmitted Image, you agree to securely store the original Check for a period of 60 fourteen (14) calendar days. days from the date of the Image transmission (such period the “Retention Period”). During the Retention Period, you shall take appropriate security measures to ensure that: (a) only authorized individuals persons 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. Upon expiration of the Retention Period, you shall destroy the original Check you transmitted as an Image using commercially reasonable methods of destruction approved by Bankthat will result in the paper based Item being unprocessable and all sensitive personal and financial information undecipherable. You hereby indemnify Bank for, and hold Bank 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. During the Retention Period, you agree to promptly (but in all events within 5 business days) provide the original Check to the Bank upon request.

Appears in 1 contract

Samples: Mobile Deposit Agreement

Maintenance and Disposal of Transmitted Checks. You shall stamp xxxx, stamp, or write on the original check “Processed” "Electronically Presented" after the process of scanning the Checkcheck in accordance with Section 6 of this Agreement. Upon your receipt of a confirmation from the Bank that we received your transmitted Image, you You agree to securely store the original Check check for a period of 60 fifteen (15) calendar days. days from the date of the Image transmission (such period the "Retention Period"). During the Retention Period, you shall take appropriate security measures to ensure that: (a) only authorized individuals persons shall have access to original Checkschecks, (b) the information contained on such Checks checks shall not be disclosed, (c) such Checks checks will not be duplicated or scanned more than one time and (d) such Checks checks will not be deposited or negotiated in any form. During the Retention Period, you agree to promptly (but in all events within 5 business days) provide the original check to the Bank upon request. The risk of loss due to the unavailability of the original or copy of a check for any reason, during the Retention Period, shall be exclusively on you. Upon expiration of the Retention Period, you shall securely and irretrievably destroy the original Check checks you transmitted as an Image using commercially reasonable methods of destruction. You are obligated to ensure that the original checks are not accessed by unauthorized persons during the storage, destruction approved by Bankand disposal process and, once destroyed, the original checks will be Tejas Bank Mobile Deposit Service Agreement unable to process and all sensitive personal and financial information undecipherable. You hereby indemnify the Bank for, and hold the Bank 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 retention and destruction of original Checks checks by you. During the Retention Period, you agree to promptly (but in all events within 5 business days) provide the original Check to the Bank upon request.

Appears in 1 contract

Samples: Tejas Bank Mobile Deposit Service Agreement

Maintenance and Disposal of Transmitted Checks. You shall stamp mark, stamp, or write on the original check “Processed” "Electronically Presented" after the process of scanning the Checkcheck in accordance with Section 6 of this Agreement. Upon your receipt of a confirmation from the Bank that we received your transmitted Image, you You agree to securely store the original Check check for a period of 60 fifteen (15) calendar days. days from the date of the Image transmission (such period the "Retention Period"). During the Retention Period, you shall take appropriate security measures to ensure that: (a) only authorized individuals persons shall have access to original Checkschecks, (b) the information contained on such Checks checks shall not be disclosed, (c) such Checks checks will not be duplicated or scanned more than one time and (d) such Checks checks will not be deposited or negotiated in any form. During the Retention Period, you agree to promptly (but in all events within 5 business days) provide the original check to the Bank upon request. The risk of loss due to the unavailability of the original or copy of a check for any reason, during the Retention Period, shall be exclusively on you. Upon expiration of the Retention Period, you shall securely and irretrievably destroy the original Check checks you transmitted as an Image using commercially reasonable methods of destruction. You are obligated to ensure that the original checks are not accessed by unauthorized persons during the storage, destruction approved by Bankand disposal process and, once destroyed, the original checks will be unprocessable and all sensitive personal and financial information undecipherable. You hereby indemnify the Bank for, and hold the Bank 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 retention and destruction of original Checks checks by you. During the Retention Period, you agree to promptly (but in all events within 5 business days) provide the original Check to the Bank upon request.

Appears in 1 contract

Samples: Deposit Service Agreement

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Maintenance and Disposal of Transmitted Checks. You shall stamp mark, stamp, or write on the original check “Processed” "Electronically Presented" after scanning and depositing the process of scanning the Checkcheck through this Service. Upon your receipt of a confirmation from the Bank that we received your transmitted Image, you You agree to securely store the original Check check for a period of 60 (sixty) calendar days. days from the date of the Image transmission (such period the “Retention Period”)transmission. During the this Retention Period, you shall take appropriate security measures to ensure that: (a) only authorized individuals persons shall have access to original Checkschecks, (b) the information contained on such Checks checks shall not be disclosed, (c) such Checks checks will not be duplicated or scanned more than one time and (d) such Checks checks will not be deposited or negotiated in any form. Upon expiration of During the Retention Period, you agree to promptly (no later than 10 calendar days) provide the original check to us upon request. The risk of loss due to the unavailability of the original or copy of a check for any reason, during the Retention Period, shall be exclusively on you. Upon expiration of this Retention Period, you shall securely destroy the original Check checks you transmitted as an Image using commercially reasonable methods of transmitted. You are obligated to ensure that the original checks are not accessed by unauthorized persons during the storage, destruction approved by Bankand disposal process. You hereby indemnify Bank us for, and hold Bank us harmless from and against, any and all claims, demands, actions, and causes of action, losses and damages, of whatever nature or kindnature, relating to the retention 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 checks by you. During the Retention Period, you agree to promptly (but in all events within 5 business days) provide the original Check to the Bank upon request.

Appears in 1 contract

Samples: Deposit Service Agreement

Maintenance and Disposal of Transmitted Checks. You shall stamp mark, stamp, or write on the original check “Processed” "Electronically Presented" after the process of scanning the Checkcheck in accordance with Section 6 of this Agreement. Upon your receipt of a confirmation from the Bank that we received your transmitted Image, you You agree to securely store the original Check check for a period of 60 fifteen (15) calendar days. days from the date of the Image transmission (such period the "Retention Period"). During the Retention Period, you shall take appropriate security measures to ensure that: (a) only authorized individuals persons shall have access to original Checkschecks, (b) the information contained on such Checks checks shall not be disclosed, (c) such Checks checks will not be duplicated or scanned more than one time and (d) such Checks checks will not be deposited or negotiated in any form. During the Retention Period, you agree to promptly (but in all events within 5 business days) provide the original check to the Bank upon request. The risk of loss due to the unavailability of the original or copy of a check for any reason, during the Retention Period, shall be exclusively on you. Upon expiration of the Retention Period, you shall securely and irretrievably destroy the original Check checks you transmitted as an Image using commercially reasonable methods of destruction. You are obligated to ensure that the original checks are not accessed by unauthorized persons during the storage, destruction approved by Bankand disposal process and, once destroyed, the original checks will be unable to process and all sensitive personal and financial information undecipherable. You hereby indemnify the Bank for, and hold the Bank harmless from and against, any and all claims, demands, actions, causes of Tejas Bank Mobile Deposit Service Agreement 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 retention and destruction of original Checks checks by you. During the Retention Period, you agree to promptly (but in all events within 5 business days) provide the original Check to the Bank upon request.

Appears in 1 contract

Samples: Tejas Bank Mobile Deposit Service Agreement

Maintenance and Disposal of Transmitted Checks. You shall stamp the original check “Processed” after the process of scanning the Check. Upon your receipt of a confirmation from the Bank that we received your transmitted Image, you agree to securely store the original Check check for a period of 60 sixty (60) calendar days. days from the date of the Image image transmission (such period the "Retention Period"). During the Retention Period, you shall take appropriate security measures to ensure that: (a) only authorized individuals persons shall have access to original Checkschecks, (b) the information contained on such Checks checks shall not be disclosed, (c) such Checks checks will not be duplicated or scanned more than one time and (d) such Checks checks will not be deposited or negotiated in any form. During the Retention Period, you agree to promptly (but in all events within 5 business days) provide the original check to the Bank upon request. The risk of loss due to the unavailability of the original or copy of a check for any reason, during the Retention Period, shall be exclusively on you. Upon expiration of the Retention Period, you shall xxxx the item “Void” and destroy the original Check checks you transmitted as an Image using commercially reasonable methods of transmitted. You are obligated to ensure that the original checks are not accessed by unauthorized persons during the storage, destruction approved by Bankand disposal process and, once destroyed, the original checks will be unprocessable and all sensitive personal and financial information undecipherable. You hereby indemnify the Bank for, and hold the Bank 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 retention and destruction of original Checks checks by you. During the Retention Period, you agree to promptly (but in all events within 5 business days) provide the original Check to the Bank upon request.

Appears in 1 contract

Samples: Mobile Deposit Services Agreement

Maintenance and Disposal of Transmitted Checks. You shall stamp xxxx, stamp, or write on the original check “Processed” "Electronically Presented" after the process of scanning the Checkcheck in accordance with Section 6 of this Agreement. Upon your receipt of a confirmation from the Bank that we received your transmitted Image, you You agree to securely store the original Check check for a period of 60 fifteen (15) calendar days. days from the date of the Image transmission (such period the "Retention Period"). During the Retention Period, you shall take appropriate security measures to ensure that: (a) only authorized individuals persons shall have access to original Checkschecks, (b) the information contained on such Checks checks shall not be disclosed, (c) such Checks checks will not be duplicated or scanned more than one time and (d) such Checks checks will not be deposited or negotiated in any form. During the Retention Period, you agree to promptly (but in all events within 5 business days) provide the original check to the Bank upon request. The risk of loss due to the unavailability of the original or copy of a check for any reason, during the Retention Period, shall be exclusively on you. Upon expiration of the Retention Period, you shall securely and irretrievably destroy the original Check checks you transmitted as an Image using commercially reasonable methods of destruction. You are obligated to ensure that the original checks are not accessed by unauthorized persons during the storage, destruction approved by Bankand disposal process and, once destroyed, the original checks will be unable to process and all sensitive personal and financial information undecipherable. You hereby indemnify the Bank for, and hold the Bank harmless from and against, any and all claims, demands, actions, causes of Tejas Bank Mobile Deposit Service Agreement 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 retention and destruction of original Checks checks by you. During the Retention Period, you agree to promptly (but in all events within 5 business days) provide the original Check to the Bank upon request.

Appears in 1 contract

Samples: Tejas Bank Mobile Deposit Service Agreement

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