Stale or Postdated Checks. We reserve the right to pay or dishonor a check more than 6 months old without prior notice to 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 for paying any stale or postdated check. Any damages you incur that 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 six (6) months old without prior notice to you. If you can write checks on your account, 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 for paying any stale or postdated check. Any damages you incur that we may be liable 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. If you can write checks on your account, 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 for paying any stale or postdated check. Any damages you incur that we may be liable for are limited to actual damages not to exceed the amount of the check.
Appears in 1 contract
Samples: Account Agreement