Dishonored Payment definition

Dishonored Payment means any payment presented to the court not honored by the financial institution including a merchant chargeback.
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Examples of Dishonored Payment in a sentence

  • If a check, automated withdrawal, or other payment by a Purchaser is not honored or not paid in full by the applicable bank or other entity (including stop payments), the payment will be treated as a dishonored payment and subject to a Dishonored Payment Fee (see Program Fee Chart).

  • Subcontracts and materials shall be passed through and paid at Contractor’s cost plus any agreed percent mark-up.

  • Tenant agrees to pay, by certified funds, all Rents, all Late Fees, costs incurred for insufficient funds/returned check or electronic payment ("Dishonored Payment" or "NSF").

  • Tenant shall pay cost plus a fee of $20.00 per Dishonored Payment made by Tenant.

  • The Dishonored Payment Charge applies in addition to any late fee and interest that we have the right to charge, or any other remedy to which we are entitled, under this Agreement, at law, or in equity.

  • We may add the Dishonored Payment Charge to the amount to be paid via the next wire transfer or electronic debit.

  • We will notify you of each Dishonored Payment and any Dishonored Payment Charge that we impose.