Stale Checks. We reserve the right to pay or dishonor a check more than six (6) months old without prior notice to you. (G)
Stale Checks. Unless there is a valid stop payment request in effect, we may, in our sole discretion, pay or dishonor a check, other than a certified check, drawn on, and presented for payment against, your account if the check is presented more than 6 months after its date (that is, a stale check). We will make this decision without notice or liability to you.
Stale Checks. We reserve the right to pay or dishonor a check more than six
Stale Checks. Bank may, at its option, either pay or dishonor a check more than six (6) months old without prior notice to Business Customer. This includes all checks, regardless of whether Business Customer is the payor or payee.
Stale Checks. Under applicable law, the Branch is not obligated to pay a check drawn on an Account which is presented more than six (6) months after its date. However, the Branch may charge the Account for payments made on such items in good faith.
Stale Checks. We may at our option pay a check that is more than 6 months old, but we are not required to do so. We will make our decision without consulting you. If we pay any such checks, we are not obligated to pay them in the future. We will not be liable to you if we pay or return a stale check.
Stale Checks. We reserve the right to pay or dishonor a check more than six (6) months old without prior notice to you. If we pay a stale dated check, you agree that we will debit the amount from your Account, and you shall be liable for the amount.
Stale Checks. We reserve the right to pay or dishonor a check more than six (6) months old without prior notice to you. We have no duty to discover, observe, or comply with stale checks. If you do not want us to pay a stale-dated check, you must place a stop payment order on it.
Stale Checks. Any Class member who does not cash a check issued pursuant to Paragraph 18(c) within 180 days after such check is issued shall be ineligible to receive any amount from the Cash Settlement Fund and such check shall be void subject to the right of the Administrators to contact Class members and to issue and reissue such checks. Each such check issued pursuant to Paragraph 18(c) shall bear a legend or be accompanied by a notice which informs the Class member that the check will be void and all rights to payment of such amount will be lost unless the check is negotiated within 180 days after issuance.
Stale Checks. On the Initial Closing Date, PC Buyer shall set aside One Million Five Hundred Ninety Thousand Nine Hundred Seventy-Two Dollars ($1,590,972) (the “Stale Check Escrow Amount”) from the CFC IPA Cash Purchase Price, which amount shall be deposited by PC Buyer into an account (the “Stale Check Escrow Account”), funded by CFC IPA at its sole cost and expense, within thirty (30) days of the Initial Closing Date, and subject to release each month to either CFC IPA and/or PC Buyer pursuant to the terms of this Section 7.11. The Stale Check Escrow Amount (or any portion thereof) shall survive until such amounts are released pursuant to this Section 7.11.
