Common use of Uncollectible Checks Clause in Contracts

Uncollectible Checks. If any checks or other instruments deposited in the Escrow Account prove uncollectible, the Company shall promptly reimburse the Escrow Agent therefor upon request and the Escrow Agent shall deliver the returned checks or other instruments to the Company.

Appears in 3 contracts

Samples: Escrow Agreement (ICON Leasing Fund Eleven, LLC), Form of Escrow Agreement (ICON Leasing Fund Twelve, LLC), Escrow Agreement (ICON Leasing Fund Twelve, LLC)

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Uncollectible Checks. If any checks or other instruments deposited in the Escrow Account prove uncollectible, the Company Partnership shall promptly reimburse the Escrow Agent therefor upon request and the Escrow Agent shall deliver the returned checks or other instruments to the CompanyPartnership.

Appears in 2 contracts

Samples: Form of Escrow Agreement (ICON Equipment & Corporate Infrastructure Fund Fourteen, L.P.), Escrow Agreement (ICON Equipment & Corporate Infrastructure Fund Fourteen, L.P.)

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