Our Responsibility for Collecting Checks Sample Clauses

Our Responsibility for Collecting Checks. When you cash or deposit a Check, or send one for collection, we act only on your behalf. Our only duty is to exercise reasonable care. If a Check is lost in the process of collection, you agree to help us locate or replace it. When you cash or deposit a Check, or send one for collection, you warrant to us that the Check you cash or deposit is not forged, counterfeit, altered, improperly endorsed, or in any other way improper. If we are told that an Item you cashed or deposited is being returned unpaid, we may try to reprocess the Item, place a Hold on your Account, or charge your Account for the amount whether the return is proper or timely. We will notify you of the returned Item and may assess a fee for each time an Item is returned. Please see our Fee Schedule for more information. If we are told that any part of a Check in your deposit was forged, altered or incomplete, we may charge the Item back against your Account and assess a Deposited Item Returned Fee for each Item, as described in our Fee Schedule. Alternatively, we may Hold the funds in question while we research the issue without telling you first.
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Our Responsibility for Collecting Checks. When you cash or deposit a check, or send one for collection, we act only on your behalf. Our only duty is to exercise reasonable care. If a Check is lost in the process of collection, you agree to help us locate or replace it. When you cash or deposit a check, or send one for collection, you warrant to us that the Check you cash or deposit is not forged, counterfeit, altered, improperly endorsed, or in any other way improper. If we are told that an Item you cashed or deposited is being returned unpaid, we may try to reprocess the Item, or place a Hold on your Account, regardless of whether the return is proper or timely. We will notify you of the returned Item. If we are told that any part of a Check in your deposit was forged, altered or incomplete, we may charge the Item back against your Account. Alternatively, we reserve the right to hold the funds in question without prior notification while the issue is researched.

Related to Our Responsibility for Collecting Checks

  • CONTRACTOR RESPONSIBILITY FOR SYSTEM AGENCY’S TERMINATION COSTS If the System Agency terminates the Contract for cause, the Contractor shall be responsible to the System Agency for all costs incurred by the System Agency and the State of Texas to replace the Contractor. These costs include, but are not limited to, the costs of procuring a substitute vendor and the cost of any claim or litigation attributable to Contractor’s failure to perform any Work in accordance with the terms of the Contract.

  • Responsibility for Damage Resident is solely responsible for any damage, defacement or loss within the assigned bedroom space. All assigned residents of an apartment are jointly and severally responsible for any damage, defacement or loss to common areas, other parts of the facility, fixtures or appliances, except for the portion of damages over $100,000 where it is finally established that Resident or one or more other residents of the apartment were solely at fault for the entire loss, in which case such person(s) will be solely responsible. Resident is fully responsible for the conduct of Resident’s guests, visitors, licensees and invitees (“Guests”), including without limitation harm to individuals or damage or defacement of any part of the Property or its fixtures or property of third parties (including other residents) by such Guests.

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