Common use of Presentment Prohibitions Clause in Contracts

Presentment Prohibitions. You shall not present, or attempt to present, or allow others, either directly or indirectly, to present, or attempt to present, for deposit by any means (i) any substitute check that has already been presented for deposit via Mobile Deposit, or (ii) any original check, the substitute check of which has already been presented for deposit via Mobile Deposit. In the event that you or any third party, presents, or attempts to present, a deposit in violation of this subsection, you agree to defend, indemnify, and hold us and our agents harmless from and against all liability, damage and loss arising out of any claims, suits, or demands brought by third parties with respect to any such substitute check or original check. You agree that the aggregate amount of any items which are deposited more than once will be debited from your account, and to the extent funds in your account are insufficient to cover such amount, any balance shall be debited by us from any other deposit accounts with us in our sole discretion. You further acknowledge that you are solely responsible for the cost of processing and handling of any original items which are imaged and deposited utilizing Mobile Deposit and you assume all liability to the drawer of any item imaged using Mobile Deposit or liability arising from our printing of any substitute check from those images.

Presentment Prohibitions. You shall not present, present or attempt to present, or allow others, either directly or indirectly, to present, present or attempt to present, for deposit by any means (ia) any substitute check that has already been presented for deposit via Mobile Deposit, My Deposit check capture service or (iib) any original check, the substitute check of which has already been presented for deposit via Mobile My Deposit. In the event that you you, or any third party, presents, presents or attempts to present, a deposit in violation of this subsectionAgreement, you agree to defend, indemnify, and hold us the Credit Union and our it's agents harmless from and against all liability, damage and loss arising out of any claims, suits, or demands brought by third parties with respect to any such substitute check or original check. You agree that the aggregate amount of any items which are deposited more than once will be debited from your account, and to the extent funds in your account are insufficient to cover such amount, any balance shall be debited by us from any other deposit accounts with us the Credit Union in our sole discretion. You further acknowledge that you you, and not the Credit Union, are solely responsible for the cost of processing and handling of any original items which are imaged and deposited utilizing Mobile Deposit this service, and you assume all liability to the drawer of any item imaged using Mobile Deposit the service or liability arising from our the Credit Union's printing of any substitute check from those images.