Common use of Order in Which Items Are Paid Clause in Contracts

Order in Which Items Are Paid. In general, we pay items in the order in which they are received, irrespec- tive of when you issued or authorized the item. Checks and ACH debits may be presented to us in batches or data files, and are paid when we process the data file. Checks in the same data file are processed in high to low order. Checks presented for payment at one of

Appears in 4 contracts

Samples: Business Membership and Account Agreement, Business Membership and Account Agreement, Business Membership and Account Agreement

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