Uncollected Funds. If the Check is returned for any other reason or if the check is returned a second time, Bank will debit the applicable Account and return the check to Company. Company agrees that Bank will not send a returned item notice to Company for a returned check unless Company and Bank have agreed otherwise. ACCEPTABLE PAYEES
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Solectron Corp), Receivables Purchase Agreement (Solectron Corp)
Uncollected Funds. If the Check is returned for any other reason or if the check Check is returned a second time, Bank will debit the applicable Account and return the check Check to Company. Company agrees that Bank will not send a returned item notice to Company for a returned check Check unless Company and Bank have agreed otherwise. ACCEPTABLE PAYEES
Appears in 1 contract
Samples: Lockbox Account Agreement (Osullivan Industries Holdings Inc)
Uncollected Funds. If the Check is returned for any other reason or if the check Check is returned a second time, Bank will debit the applicable Account Accounts and return the check Check to Company. Company agrees that Bank will not send a returned item notice to Company for a returned check Check unless Company and Bank have agreed otherwise. ACCEPTABLE PAYEESPAYEES -----------------
Appears in 1 contract
Samples: Deposit Account Control Agreement (Host America Corp)
