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Common use of Returned Payment Fee Clause in Contracts

Returned Payment Fee. The Bank, in its discretion, may collect from the Borrower a returned payment fee each time a payment is returned or if there are insufficient funds in the designated account when a payment is attempted through automatic payment.

Appears in 10 contracts

Samples: Loan Agreement (Lifevantage Corp), Loan Agreement (Thorne Healthtech, Inc.), Loan Agreement (R F Industries LTD)

Returned Payment Fee. The Bank, in its discretion, may collect from the Borrower a reasonable returned payment fee each time a payment is returned or if there are insufficient funds in the designated account when a payment is attempted through automatic payment.

Appears in 1 contract

Samples: Loan Agreement (Natures Sunshine Products Inc)