Common use of Postdated and Stale Dated Items Clause in Contracts

Postdated and Stale Dated Items. You agree not to issue any check or draft that is postdated. If you do issue a check or draft that is payable on a future date and we pay it before that date, you agree that we shall have no liability to you for such payment. You agree not to deposit checks, drafts or other items before they are properly payable. We are not obligated to pay any check or draft drawn on your account that is presented more than six (6) months past its date.

Postdated and Stale Dated Items. You agree not to issue any check or draft that is postdated. If you do issue a check or draft that is payable on a future date and we pay it before that date, you agree that we shall have no liability to you for such payment. You agree not to deposit checks, drafts or other items before they are properly payable. We are not obligated to pay any check or draft drawn on your account that is presented more than six (6) months past its date.

Postdated and Stale Dated Items. You agree not to issue any check or draft that is postdated. If you do issue a check or draft that is payable on a future date (postdated). If you do draw or issue a check or draft that is postdated and we pay it before that date, you agree that we shall will have no liability to you for such payment. You agree not to deposit checks, drafts drafts, or other oth- er items before they are properly payable. We are not obligated to pay any check or draft drawn on your account that is presented more than six (6) months past its datedate (stale-dated); however, if the check or draft is paid against your account, we will have no liability for such payment.