Stale Dated Checks Sample Clauses

Stale Dated Checks. When Payments are made to Billers by the issuance of checks, such checks may become void after a reasonable amount of time has elapsed. We reserve the right, at our option and without notice to you, and without liability to you, to pay or not to pay any such check that is presented to us for payment after any applicable expiration date. If an expired check is presented for payment and we determine not to pay it, we will void the check, and if the funds represented by the check were previously debited from your Payment Account, we will credit your Payment Account in the amount of the check.
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Stale Dated Checks. Paper checks that are issued to Payees may become void after a reasonable amount of time has lapsed. We shall have the right, at our option and without notice to you, to pay or not pay any such check that is not presented to us for payment within 120 days after the issue date on the check. Unless you have closed your Account, the amount of the stale-dated check will be credited back to your Account from which the funds were drawn and the check will become void.
Stale Dated Checks. If any check is presented to us more than six (6) months after its date, we have the option to either pay or dishonor that check.
Stale Dated Checks. We may, at our option, pay a check that is over 6 (six) months old, but we are not required to do so.
Stale Dated Checks. We may pay stale-dated checks unless you place a stop payment order on such items or remove them from your list of checks approved for payment.
Stale Dated Checks. You agree that we may pay or reject a check which is presented to us for payment more than six months after its date (a “stale dated” check), even if the presentation occurs after the expiration of a stop payment order. (See the “Stop Payment Orders” section below, including regarding expiration of stop payment orders after six months unless renewed for an additional fee.) We normally do not examine the date on checks presented for pay- ment. You agree that we are not required to identify stale dated checks or to seek your permission to pay them.
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