Common use of Special Notice Regarding Endorsement Standards Clause in Contracts

Special Notice Regarding Endorsement Standards. The federal law dealing with funds availability requires the financial institution’s endorsement area on the back of a check be kept clear or unobstructed. This rule is designed to prevent unnecessary delays in processing your deposits as well as to promote speedier returns of dishonored checks. Only the 1-1/2 inch space from the “trailing edge” (the left edge of the check when it is facing you) can be used by you for endorsements or any other markings. We will not be responsible for any damages incurred in the event you deposit an item which is subsequently returned unpaid by the paying bank and that return is “late” due to markings on the check caused by you or a prior endorser on the back of the check. In the event that you draw a check on your checking or loan account with us, you are responsible for any delay or misrouting of the check caused by markings placed on the check by you that obscure any depository endorsements placed by us or our agent and you agree to hold us harmless and indemnify us from any liability due to such delay or misrouting.

Appears in 8 contracts

Samples: Member Account Agreement, Member Account Agreement, Member Account Agreement

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Special Notice Regarding Endorsement Standards. The federal law dealing with funds availability requires the financial institution’s endorsement area on the back of a check be kept clear or unobstructed. This rule is designed to prevent unnecessary delays in processing your my deposits as well as to promote speedier returns of dishonored checks. Only the 1-1/2 inch space from the “trailing edge” (the left edge of the check when it is facing youme) can be used by you me for endorsements or any other markings. We You will not be responsible for any damages incurred in the event you I deposit an item which is subsequently returned unpaid by the paying bank and that return is “late” due to markings on the check caused by you me or a prior endorser on the back of the check. In the event that you I draw a check on your my checking or loan account with usyou, you are I am responsible for any delay or misrouting of the check caused by markings placed on the check by you me that obscure any depository endorsements placed by us you or our your agent and you I agree to hold us you harmless and indemnify us you from any liability due to such delay or misrouting.

Appears in 4 contracts

Samples: Member Account Agreement and Disclosure, www.firstent.org, www.umecreditunion.com

Special Notice Regarding Endorsement Standards. The federal law dealing with funds availability requires the financial institutionCredit Union’s endorsement area on the back of a check be kept clear or unobstructed. This rule is designed to prevent unnecessary delays in processing your my deposits as well as to promote speedier returns of dishonored checks. Only the 1-1/2 inch space from the “trailing edge” (the left edge of the check when it is facing youme) can be used by you me for endorsements or any other markings. We You will not be responsible for any damages incurred in the event you I deposit an item which is subsequently returned unpaid by the paying bank and that return is “late” due to markings on the check caused by you me or a prior endorser on the back of the check. In the event that you I draw a check on your my checking or loan account with usyou, you are I am responsible for any delay or misrouting of the check caused by markings placed on the check by you me that obscure any depository endorsements placed by us you or our your agent and you I agree to hold us you harmless and indemnify us you from any liability due to such delay or misrouting.

Appears in 3 contracts

Samples: www.firstent.org, Business Account Agreement And, www.firstent.org

Special Notice Regarding Endorsement Standards. The federal law dealing with funds availability requires the financial institution’s endorsement area on the back of a check be kept clear or unobstructed. This rule is designed to prevent unnecessary delays in processing your deposits as well as to promote speedier returns of dishonored checks. Only the 1-1/2 1 ½ inch space from the “trailing edge” (the left edge of the check when it is facing you) can be used by you for endorsements or any other markings. We will not be responsible for any damages incurred in the event you deposit an item which is subsequently returned unpaid by the paying bank and that return is “late” due to markings on the check caused by you or a prior endorser on the back of the check. In the event that you draw a check on your checking or loan account with us, you are responsible for any delay or misrouting of the check caused by markings placed on the check by you that obscure any depository endorsements placed by us or our agent and you agree to hold us harmless and indemnify us from any liability due to such delay or misrouting.

Appears in 2 contracts

Samples: www.unitedlocal.org, Account Agreement

Special Notice Regarding Endorsement Standards. The federal law dealing with funds availability requires the financial institution’s endorsement area on the back of a check be kept clear or unobstructed. This rule is designed to prevent unnecessary delays in processing your deposits as well as to promote speedier returns of dishonored checkschecks or share drafts. Only the 1-1/2 inch space from the “trailing edge” (the left edge of the check when it is facing you) can be used by you for endorsements or any other markings. We will not be responsible for any damages incurred in the event you deposit an item which is subsequently returned unpaid by the paying bank and that return is “late” due to markings on the check or share draft caused by you or a prior endorser on the back of the check. In the event that you draw a check on your checking or loan account with us, you are responsible for any delay or misrouting of the check caused by markings placed on the check by you that obscure any depository endorsements placed by us or our agent and you agree to hold us harmless and indemnify us from any liability due to such delay or misrouting.

Appears in 2 contracts

Samples: www.fafcu.org, Account Agreement

Special Notice Regarding Endorsement Standards. The federal law dealing with funds availability requires the financial institution’s endorsement area on the back of a check be kept clear or unobstructed. This rule is designed to prevent unnecessary delays in processing your deposits as well as to promote speedier returns of dishonored checks. Only the 1-1/2 inch space from the “trailing edge” (the left edge of the check when it is facing you) can be used by you for endorsements or any other markings. We will not be responsible for any damages incurred in the event you deposit an item which is subsequently returned unpaid by the paying bank and that return is “late” due to markings on the check caused by you or a prior endorser on the back of the check. In the event that you draw a check on your checking or loan account with us, you are responsible for any delay or misrouting mis-routing of the check caused by markings placed on the check by you that obscure any depository endorsements placed by us or our agent and you agree to hold us harmless and indemnify us from any liability due to such delay or misroutingmis- routing.

Appears in 1 contract

Samples: pdf4pro.com

Special Notice Regarding Endorsement Standards. The federal law dealing with funds availability requires the financial institution’s endorsement area on the back of a check be kept clear or unobstructed. This rule is designed to prevent unnecessary delays in processing your my deposits as well as to promote speedier returns of dishonored checks. Only the 1-1/2 inch space from the “trailing edge” (the left edge of the check when it is facing youme) can be used by you me for endorsements or any other markings. We You will not be responsible for any damages incurred in the event you I deposit an item which is subsequently returned unpaid by the paying bank and that the return is “late” due to markings on the check caused by you me or a prior endorser on the back of the check. In the event that you I draw a check on your my checking or loan account with usyou, you are I am responsible for any delay or misrouting of the check caused by markings placed on the check by you me that obscure any depository endorsements placed by us you or our your agent and you I agree to hold us you harmless and indemnify us you from any liability due to such delay or misrouting.

Appears in 1 contract

Samples: Disclosure and Agreement

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Special Notice Regarding Endorsement Standards. The federal law dealing with funds availability requires the financial institution’s endorsement area on the back of a check be kept clear or unobstructed. This rule is designed to prevent unnecessary delays in processing your deposits as well as to promote speedier returns of dishonored checks. Only the 1-1/2 inch space from the “trailing edge” (the left edge of the backside of the check when it is facing you) can be used by you for endorsements or any other markings. We will not be responsible for any damages incurred in the event you deposit an item which is subsequently returned unpaid by the paying bank and that return is “late” due to markings on the check caused by you or a prior endorser on the back of the check. In the event that you draw a any check on your checking or loan account Account(s) with us, you are responsible for any delay or misrouting of the check caused by markings placed on the check by you that obscure any depository endorsements placed by us or our agent and you agree to hold us harmless and indemnify us from any liability due to such delay or misrouting.

Appears in 1 contract

Samples: www.parsonsfcu.org

Special Notice Regarding Endorsement Standards. The federal law dealing with funds availability requires the financial institution’s 's endorsement area on the back of a check be kept clear or unobstructed. This rule is designed to prevent unnecessary delays in processing your my deposits as well as to promote speedier returns of dishonored checks. Only the 1-1/2 inch space from the “trailing edge” (the left edge of the check when it is facing youme) can be used by you me for endorsements or any other markings. We You will not be responsible for any damages incurred in the event you I deposit an item which is subsequently returned unpaid by the paying bank and that return is "late" due to markings on the check caused by you me or a prior endorser on the back of the check. In the event that you I draw a check on your my checking or loan account with usyou, you are I am responsible for any delay or misrouting of the check caused by markings placed on the check by you me that obscure any depository endorsements placed by us you or our your agent and you I agree to hold us you harmless and indemnify us you from any liability due to such delay or misrouting.

Appears in 1 contract

Samples: Account Agreement

Special Notice Regarding Endorsement Standards. The federal law dealing with funds availability requires the financial fnancial institution’s endorsement area on the back of a check be kept clear or unobstructed. This rule is designed to prevent unnecessary delays in processing your deposits as well as to promote speedier returns of dishonored checks. Only the 1-1/2 inch space from the “trailing edge” (the left edge of the check when it is facing you) can be used by you for endorsements or any other markings. We will not be responsible for any damages incurred in the event you deposit an item which is subsequently returned unpaid by the paying bank and that return is “late” due to markings on the check caused by you or a prior endorser on the back of the check. In the event that you draw a check on your checking or loan account with us, you are responsible for any delay or misrouting of the check caused by markings placed on the check by you that obscure any depository endorsements placed by us or our agent and you agree to hold us harmless and indemnify us from any liability due to such delay or misrouting.

Appears in 1 contract

Samples: Member Account Agreement

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