Common use of Member Responsibilities and Obligations Clause in Contracts

Member Responsibilities and Obligations. 84.1 Member represents, warrants and covenants that after truncation of an original check, Member shall safeguard the Electronic Items and original checks identified in any Electronic File previously sent to Navigant in order to ensure that such original checks and Electronic Items: (i) shall not be submitted for deposit with Navigant or any other financial institution, except in accordance with the terms and conditions of this Part IV related to un-processable Electronic Items and (ii) shall not be transferred for value to any other person or other entity.

Member Responsibilities and Obligations. 84.1 83.1 Member represents, warrants and covenants that after truncation of an original check, Member shall safeguard the Electronic Items and original checks identified in any Electronic File previously sent to Navigant in order to ensure that such original checks and Electronic Items: (i) shall not be submitted for deposit with Navigant or any other financial institution, except in accordance with the terms and conditions of this Part IV related to un-processable Electronic Items and (ii) shall not be transferred for value to any other person or other entity.

Member Responsibilities and Obligations. 84.1 85.1 Member represents, warrants and covenants that after truncation of an original check, Member shall safeguard the Electronic Items and original checks identified in any Electronic File previously sent to Navigant in order to ensure that such original checks and Electronic Items: (i) shall not be submitted for deposit with Navigant or any other financial institution, except in accordance with the terms and conditions of this Part IV related to un-processable Electronic Items and (ii) shall not be transferred for value to any other person or other entity.