Common use of Uncollected Funds Clause in Contracts

Uncollected Funds. In the event that any funds, including Cleared Funds, deposited in the Fund prove uncollectible after the funds represented thereby have been released by the Bank pursuant to this Bank Agreement, the Company shall reimburse the Bank upon request for the face amount of such check or checks; and the Bank shall, upon instruction from the Company, deliver the returned checks or other instruments to the Company. This section shall survive the termination of this Bank Agreement.