Payments against Uncollected Funds Sample Clauses

Payments against Uncollected Funds. You agree to have available and collected funds on deposit in the account you designate in amounts sufficient to pay for all Bill Payments requested, as well as, any other payment obligations you have to American Bank & Trust Company, N.A. If Bill Payments process against any uncollected deposit or uncollected balance in your account, YOUR ACCOUNT WILL BE ASSESSED AND CHARGED THE APPROPRIATE NON-WAIVABLE, NON-REFUNDABLE, UNCOLLECTED FUNDS OR NON-SUFFICIENT FUNDS PROCESSING FEE. See your current American Bank & Trust Company, N.A., Fee Schedule for the current non- sufficient funds processing fee. American Bank & Trust Company, N.A., reserves the right, without liability, to reject or reverse a Bill Payment if you fail to comply with this requirement or any other terms of this agreement. If you do not have sufficient funds in your designated account and American Bank & Trust Company, N.A., has not exercised its right to reverse or reject a Bill Payment, you agree to pay for such payment obligations on demand. You further agree that American Bank & Trust Company, N.A., at its option, may charge any of your accounts with American Bank & Trust Company, N.A., to cover such payment obligations.
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Related to Payments against Uncollected Funds

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  • Prohibition Against Contingent Fees As required pursuant to O.C.G.A. §50-22-6(d), the Design Professional warrants that he has not employed or retained any company or person, other than a bona fide employee working solely for its, to solicit or secure this contract and that he has not paid or agreed to pay any person, company, corporation, individual or firm, other than a bona fide employee working solely for its, any fee, commission, percentage, gift, or other consideration contingent upon or resulting from the award or the making of this Contract.

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  • Limitation on Payment of Funds Despite section A4.1:

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