Common use of POSTAL SERVICE ACKNOWLEDGEMENT OF DEPOSIT Clause in Contracts

POSTAL SERVICE ACKNOWLEDGEMENT OF DEPOSIT. The meter licensee (“Customer”), hereby acknowledges that it must transfer funds to the United States Postal Service ("Postal Service"), through a lockbox bank ("Lockbox Bank"), for the purpose of pre-payment of postage on computerized meter resetting system (“CMRS”)-equipped meters ("Deposit").

Appears in 7 contracts

Samples: Product Lease, Product Lease, Equipment Lease

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