Stale or Postdated Checks. We reserve the right to pay or dishonor a check more than 6 months old without prior notice to you. You agree not to postdate any check drawn on the account. If you do and the check is presented for payment before the date of the check, we may pay it or return it unpaid. We are not liable to you for paying any stale or postdated check, and you agree to reimburse us for any loss we might suffer as long as we acted in good faith or exercised ordinary care. Any damages that you incur, and which we may be liable for, are limited to actual damages not to exceed the amount of the check.
Appears in 2 contracts
Samples: Deposit Account Agreement, Deposit Account Agreement
Stale or Postdated Checks. We reserve the right to pay or dishonor a check more than 6 months old without prior notice to you. You If you can write checks on your account, you agree not to postdate any check drawn on the account. If you do and the check is presented for payment before the date of the check, we may pay it or return it unpaid. We are not liable to you for paying any stale or postdated check, and you agree to reimburse us for any loss we might suffer suffer, as long as we acted in good faith or exercised ordinary care. Any damages that you incur, and which we may be liable for, are limited to actual damages not to exceed the amount of the check.
Appears in 2 contracts
Stale or Postdated Checks. We reserve the right to pay or dishonor a check more than 6 months old without prior notice to you. You If you can write checks on your account, you agree not to postdate any check drawn on the account. If you do and the check is presented for payment before the date of the check, we may pay it or return it unpaid. We are not liable to you for paying any stale or postdated check, and you agree to reimburse us for any loss we might suffer as long as we acted in good faith or exercised ordinary care. Any damages you incur that you incur, and which we may be liable for, for are limited to actual damages not to exceed the amount of the check.
Appears in 2 contracts
Samples: Deposit Account Agreement, Deposit Account Agreement
Stale or Postdated Checks. We reserve the right to pay or dishonor a check more than 6 six (6) months old without prior notice to you. You agree not to postdate any check drawn on the account. If you do do, and the check is presented for payment before the date of the check, we may pay it or return it unpaid. We are not liable to you for paying any stale or postdated check, and you agree to reimburse us for any loss we might suffer as long as we acted in good faith or exercised ordinary care. Any damages you incur that you incur, and which we may be liable for, for are limited to actual damages not to exceed the amount of the check. IF YOU LET US KNOW IN ADVANCE OF A STALE OR POST DATED CHECK, WE WILL CONSIDER HONORING IT.
Appears in 1 contract
Samples: Business Deposit Account Agreement
Stale or Postdated Checks. We reserve the right to pay or dishonor a check more than 6 six (6) months old without prior notice to you. You agree not to postdate any check drawn on the account. If you do do, and the check is presented for payment before the date of the check, we may pay it or return it unpaid. We are not liable to you for paying any stale or postdated check, and you agree to reimburse us for any loss we might suffer as long as we acted in good faith or exercised ordinary care. Any damages you incur that you incur, and which we may be liable for, for are limited to actual damages not to exceed the amount of the check.
Appears in 1 contract
Samples: Terms and Conditions of Your