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 the Deposit Capture service or (ii) any original check, the Substitute Check of which has already been presented for deposit via the Deposit Capture service. In the event that the you or any third party presents, or attempts to present, a deposit in violation of this subsection, you agree to defend, indemnify, and hold CCCU and its 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 CCCU from any other deposit accounts with CCCU in its sole discretion. You further acknowledge that you and not CCCU are responsible for the processing and handling of any original items which are imaged and deposited utilizing the service and you assume all liability to the drawer of any item imaged using the service or liability arising from CCCU’s printing of any substitute check from those images.

Appears in 4 contracts

Samples: Account Agreement, www.consolidatedccu.com, www.consolidatedccu.com

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Presentment Prohibitions. You shall agree not to 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 the Deposit Capture service Service or (ii) any original check, the Substitute Check of which has already been presented for deposit via the Deposit Capture serviceMobile Deposit. In the event that the you you, or any third party party, presents, or attempts to present, a deposit in violation of this subsection, Subsection you agree to defend, indemnify, and hold CCCU Credit Union and its 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 CCCU Credit Union from any other deposit accounts with CCCU Credit Union in its sole discretion. You further acknowledge acknowledges that you and not CCCU are the Credit Union is responsible for the processing and handling of any original items which are imaged and deposited utilizing the service Service and you assume all liability to the drawer of any item imaged using the service or liability arising from CCCU’s the Credit Union's printing of any substitute check from those images.

Appears in 2 contracts

Samples: Mobile Deposit Service Agreement, Mobile Deposit Service Agreement

Presentment Prohibitions. You shall agree not to 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 the Deposit Capture service Service or (ii) any original check, the Substitute Check of which has already been presented for deposit via the Deposit Capture serviceService. In the event that the you you, or any third party party, presents, or attempts to present, a deposit in violation of this subsection, Subsection you agree to defend, indemnify, and hold CCCU the Credit Union and its 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 CCCU the Credit Union from any other deposit accounts with CCCU the Credit Union in its sole discretion. You further acknowledge that you and not CCCU are the Credit Union is responsible for the processing and handling of any original items which are imaged and deposited utilizing the service Service and you assume all liability to the drawer of any item imaged using the service or liability arising from CCCU’s the Credit Union's printing of any substitute check from those images.

Appears in 1 contract

Samples: www.powerfi.org

Presentment Prohibitions. You shall agree not to 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 the Deposit Capture service Service or (ii) any original check, the Substitute Check of which has already been presented for deposit via the Deposit Capture serviceService. In the event that the you you, or any third party party, presents, or attempts to present, a deposit in violation of this subsection, Subsection you agree to defend, indemnify, and hold CCCU the Credit Union and its 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 CCCU the Credit Union from any other deposit accounts with CCCU the Credit Union in its sole discretion. You further acknowledge that you and not CCCU are the Credit Union is responsible for the processing and handling of any original items which are imaged and deposited utilizing the service Service and you assume all liability to the drawer of any item imaged using the service or liability arising from CCCU’s the Credit Union's printing of any substitute check from those images.

Appears in 1 contract

Samples: Membership and Account Agreement

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Presentment Prohibitions. You shall agree not to 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 the Deposit Capture service Service or (ii) any original check, the Substitute Check of which has already been presented for deposit via the Deposit Capture serviceRemote Deposit. In the event that the you you, or any third party party, presents, or attempts to present, a deposit in violation of this subsection, Subsection you agree to defend, indemnify, and hold CCCU Credit Union and its 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 CCCU Credit Union from any other deposit accounts with CCCU Credit Union in its sole discretion. You further acknowledge that you and not CCCU are the Credit Union is responsible for the processing and handling of any original items which are imaged and deposited utilizing the service Service and you assume all liability to the drawer of any item imaged using the service or liability arising from CCCU’s the Credit Union's printing of any substitute check from those images.

Appears in 1 contract

Samples: Remote Deposit Service Agreement

Presentment Prohibitions. You shall agree not to 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 the Deposit Capture service Service or (ii) any original check, the Substitute Check of which has already been presented for deposit via the Deposit Capture serviceService. In the event that the you you, or any third party party, presents, or attempts to present, a deposit in violation of this subsection, Subsection you agree to defend, indemnify, and hold CCCU the Credit Union and its 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 insufficien t to cover such amount, any balance shall be debited by CCCU the Credit Union from any other deposit accounts with CCCU the Credit Union in its sole discretion. You further acknowledge that you and not CCCU are the Credit Union is responsible for the processing and handling of any original items which are imaged and deposited utilizing the service Service and you assume all liability to the drawer of any item imaged using the service or liability arising from CCCU’s the Credit Union's printing of any substitute check from those images.

Appears in 1 contract

Samples: www.powerfi.org

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