Common use of Partial Payments Marked Payment in Full Clause in Contracts

Partial Payments Marked Payment in Full. Any check or other payment you send us for less than the total outstanding balance that is marked “payment in full” or with any similar language or that you otherwise tender as full satisfaction of a disputed amount must be sent to the Notice Address, Attn: Payment of Disputed Amount. We may deposit any such payment without such deposit effecting a satisfaction of the disputed amount.