DISHONORED CHECK Sample Clauses
The Dishonored Check clause establishes the consequences and procedures that apply when a payment made by check is not honored by the bank, such as due to insufficient funds or a closed account. Typically, this clause allows the payee to demand immediate repayment of the amount due, often including additional fees or penalties to cover administrative costs. Its core function is to deter the use of invalid checks and to provide a clear remedy for the payee in the event of non-payment, thereby reducing financial risk and ensuring prompt resolution.
POPULAR SAMPLE Copied 2 times
DISHONORED CHECK. A check returned for any reason will result in a $40.00 processing fee and may result in the loss of the early payment discount.
DISHONORED CHECK. If an insured's check is dishonored for any reason and if permitted by law, the insured will pay to AFCO a fee for expenses in processing that check not to exceed the amount permitted by law.
DISHONORED CHECK. In the event any check written by You is dishonored by Your bank, in addition to the amount stated in the box herein above as a service fee to Facility, You also agree to pay any and all charges incurred by Facility to Facility’s bank as a consequence thereof. Facility May Change Terms. Facility may, at any time, in its sole discretion, change any of these Terms of Tenancy, or any of the dollar figures set forth on the first page of this Agreement, by mailing written notice to You at the address last-given by You in writing, at least ten (10) days prior to expiration of any period of tenancy created by this Agreement. In the event You do not consent to such change, Your sole remedy is to terminate the tenancy created by this Agreement, by giving proper notice to Owner, and to timely vacate The Unit, and Your failure to so do within ten (10) days following the date on which notice of such change was given to You shall constitute a conclusive presumption that You consent to such change.
DISHONORED CHECK. If any check payable to The Wellness Center at DeKalb Medical is dishonored it will be assessed a $30 charge for each occurrence, and collect the current and past-due balance in any subsequent month.
DISHONORED CHECK. If an insured´s check is returned because of insufficient funds to pay it, AFCO may impose a charge of $10.
DISHONORED CHECK. A fee of up to $15.00 may be imposed if payment is made with a check that is dishonored on the second presentment.
DISHONORED CHECK. If Tenant presents a Dishonored Check to Landlord, in addition to any late charges and interest Tenant shall pay to Landlord a fee in the amount of $20.00 (or the amount charged by local banks for dishonored checks, whichever is greater) for each instance. If Tenant presents more than two Dishonored Checks to Landlord during the Term, Landlord may require Tenant to make future Rent payments by certified or cashier’s check.
DISHONORED CHECK. As a convenience to resident(s) the owner is willing to accept personal checks in payment of any obligation hereunder. Only by written authorization of owner or owner/landlord in paragraph 8 below. However, in the event any check tendered to the owner is dishonored by the bank, then all future rent payments are to be made in cash, certified check or money order. In addition, there will be a service charge of $75.00 for each dishonored check.
DISHONORED CHECK. In the event County receives a dishonored check or draft in payment of any obligation arising under this Agreement, Lessee shall pay County a service charge in the amount established by County from time to time. In such event, and in addition to any other remedies available to County under this Agreement, at law, or in equity, County may require that future payments be made by cashier’s check or other means acceptable to County.
DISHONORED CHECK. A check returned for any reason shall result in a Fifty Dollar ($50.00) processing fee being charged to the lessee for cost and inconvenience of handling said check. A check returned for any reason may result in the loss of the discount for pre-payment under section 2 above.