Common use of Returned Check Penalty Clause in Contracts

Returned Check Penalty. A returned check fee as provided in 11 AAC 05.010 will be assessed for any check on which the bank refuses payment. If the bank refuses payment, the default termination date remains the same. Late penalties under subsection (1) of this section shall continue to accumulate.

Appears in 24 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Returned Check Penalty. A returned check fee as provided for in 11 AAC 05.010 will be assessed for any check on for which the bank refuses payment. If the bank refuses payment, the default termination date remains the same. Late payment penalties under subsection (1) of this section shall continue to accumulate.

Appears in 2 contracts

Samples: aws.state.ak.us, aws.state.ak.us

Returned Check Penalty. A returned check fee as provided in 11 AAC 05.010 05 will be assessed for any check on which the bank refuses payment. If the bank refuses payment, the default termination date remains the same. Late penalties under subsection (1) of this section shall continue to accumulate.

Appears in 1 contract

Samples: Lease Agreement

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Returned Check Penalty. A returned check fee as provided in 11 AAC 05.010 will be assessed for any check on which the bank refuses payment. If the bank refuses payment, the default termination date remains the same. Late penalties under subsection (1) of this section shall continue to accumulate.

Appears in 1 contract

Samples: Agreement

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