Common use of REMOTELY CREATED CHECKS OR DRAFTS Clause in Contracts

REMOTELY CREATED CHECKS OR DRAFTS. For purpose of this paragraph, “Account” means a transaction account, credit account, or any other account on which checks or drafts may be drawn. A remotely cre- ated check or draft is a check or draft created by someone other than the person on whose account the check or draft is drawn. A remotely created check or draft is gen- erally created by a third party payee as authorized by the owner of the account on which the check or draft is drawn. Authorization is usually made over the telephone or through on-line communication. The owner of the Account does not sign a remotely created check or draft, In place of the owner’s signature, the remotely created check or draft usually bears a statement that the owner authorized the check or draft or bears the owner’s printed or typed name. If you authorize a third party to draw a remotely created check or draft against your account, you may not later revoke or change your authorization. It is your responsibility to resolve any authorization issues directly with the third party. We are not required to credit your account and may charge against your account any remotely created check or draft for which the third party has proof of your authorization.

REMOTELY CREATED CHECKS OR DRAFTS. For purpose purposes of this paragraphpara- graph, “Accountaccount” means a transaction account, credit account, or any other account ac- count on which checks or drafts may be drawn. A remotely cre- ated created check or draft is a check or draft created by someone other than the person on whose account the check or draft is drawn. A remotely created check or draft is gen- erally created generally creat- ed by a third party payee as authorized by the owner of the account on which the check or draft is drawn. Authorization is usually made over the telephone or through on-line online communication. The owner of the Account account does not sign a remotely remote- ly created check or draft, . In place of the owner’s signature, the remotely created check or draft usually bears a statement that the owner authorized the check or draft or bears the owner’s printed or typed name. If you authorize a third party to draw a remotely created check or draft against your account, you may not later revoke or change your authorization. It is your responsibility to resolve any authorization issues directly with the third party. We are not required to credit your account and may charge against your account any remotely created check or draft for which the third party has proof of your authorization.

REMOTELY CREATED CHECKS OR DRAFTS. For purpose purposes of this paragraph, “Accountaccount” means a transaction account, credit account, or any other account on which checks or drafts may be drawn. A remotely cre- ated created check or draft is a check or draft created by someone other than the person on whose account the check or draft is drawn. A remotely created check or draft is gen- erally generally created by a third third-party payee as authorized by the owner of the account on which the check or draft is drawn. Authorization is usually made over the telephone or through on-line communication. The owner of the Account account does not sign a remotely created check or draft, . In place of the owner’s signature, the remotely created check or draft usually bears a statement that the owner authorized the check or draft or bears the owner’s printed or typed name. If you authorize a third party to draw a remotely created check or draft against your an account, you may not later revoke or change your authorization. It is your responsibility to resolve any authorization issues directly with the third party. We are not required to credit your account and may charge against your account any remotely created check or draft for which the third party has proof of your authorization.

REMOTELY CREATED CHECKS OR DRAFTS. For purpose purposes of this paragraph, “Account” "account" means a transaction account, credit account, or any other account on which checks or drafts may be drawn. A remotely cre- ated created check or draft is a check or draft created by someone other than the person on whose account the check or draft is drawn. A remotely created check or draft is gen- erally generally created by a third third-party payee as authorized by the owner of the account on which the check or draft is drawn. Authorization is usually made over the telephone or through on-line online communication. The owner of the Account account does not sign a remotely created check or draft, . In place of the owner’s 's signature, the remotely created check or draft usually bears a statement that the owner authorized the check or draft or bears the owner’s 's printed or typed name. If you authorize a third party to draw draft a remotely created check or draft against your account, you may not later revoke or change your authorization. It is your responsibility to resolve any authorization issues directly with the third party. We are not required to credit your account and may charge against your account any remotely created check or draft for which the third party has proof of your authorization.

REMOTELY CREATED CHECKS OR DRAFTS. For purpose purposes of this paragraphpara- graph, “Accountaccount” means a transaction account, credit account, or any other account ac- count on which checks or drafts may be drawn. A remotely cre- ated created check or draft is a check or draft created by someone other than the person on whose account the check or draft is drawn. A remotely created check or draft is gen- erally generally created by a third party payee as authorized by the owner of the account on which the check or draft is drawn. Authorization is usually made over the telephone or through on-on- line communication. The owner of the Account account does not sign a remotely created check or draft, . In place of the owner’s signature, the remotely created check or draft usually bears a statement that the owner authorized the check or draft or bears the owner’s printed or typed name. If you authorize a third party to draw a remotely created check or draft against your account, you may not later revoke or change your authorization. It is your responsibility to resolve any authorization issues directly with the third party. We are not required to credit your account and may charge against your account any remotely created check or draft for which the third party has proof of your authorization.