Lost Check Clause Samples

The Lost Check clause outlines the procedures to follow if a check issued under the agreement is lost, stolen, or destroyed before it is cashed or deposited. Typically, this clause requires the payee to notify the payer of the missing check and may obligate the payee to provide an affidavit or indemnity before a replacement check is issued. Its core function is to ensure that lost payments can be replaced efficiently while protecting the payer from potential double payment or fraud.
Lost Check. Any paycheck for a unit member which is lost or stolen after receipt or automatic deposit 14 shall be replaced no later than fourteen (14) working days following the unit member’s 15 submission of an Affidavit of Lost Warrant to payroll department. The payroll department shall 16 forward the affidavit to the County Schools Claims Department within two (2) working days 17 after payroll receives the affidavit. In case of extreme emergencies, payment may be made by the 18 issuance of Rim of the World Unified School District revolving cash fund check in an amount 19 not to exceed the employee’s net amount due.
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Lost Check. Any paycheck for an employee in the bargaining unit which is lost after receipt or which is not delivered within five (5) days of mailing, if mailed, shall be replaced not later than five (5) working days following the District's receipt of a signed affidavit by the employee specifying that the employee's paycheck has been lost or not received in the mail. Revised 2001-02
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Related to Lost Check

  • Lost Checks Any paycheck that is lost after receipt or that is not delivered within seven (7) days of mailing, shall be replaced not later than five (5) working days following the unit member's written request to the Payroll Department for replacement of the check. For unit members who have automatic deposit, any pay warrant not deposited on the date of the automatic deposit shall be replaced not later than three (3) working days following the unit member’s written request to the Payroll Department for replacement of the check.

  • Lost or Stolen Checks The Transfer Agent will replace lost or stolen checks issued to shareholders upon receipt of proper notification and will maintain any stop payment orders against the lost or stolen checks as it is economically desirable to do.

  • Lost ADRs, etc In case any ADR shall be mutilated, destroyed, lost, or stolen, the Depositary shall execute and deliver a new ADR of like tenor at the expense of the Holder (a) in the case of a mutilated ADR, in exchange of and substitution for such mutilated ADR upon cancellation thereof, or (b) in the case of a destroyed, lost or stolen ADR, in lieu of and in substitution for such destroyed, lost, or stolen ADR, after the Holder thereof (i) has submitted to the Depositary a written request for such exchange and substitution before the Depositary has notice that the ADR has been acquired by a bona fide purchaser, (ii) has provided such security or indemnity (including an indemnity bond) as may be required by the Depositary to save it and any of its agents harmless, and (iii) has satisfied any other reasonable requirements imposed by the Depositary, including, without limitation, evidence satisfactory to the Depositary of such destruction, loss or theft of such ADR, the authenticity thereof and the Holder’s ownership thereof.

  • Lost Time Apprentices are required to serve an additional day for each day of absence during each year of their apprenticeship, except in respect of absences due to annual leave or long service leave. The following year of their apprenticeship does not commence until the additional days have been worked. However, any time that has been worked by the apprentice in excess of their ordinary hours shall be credited to the apprentice when calculating the amount of additional time that needs to be worked in the relevant year.

  • Credit Check You are authorized, in your discretion, should you for any reason deem it necessary for your protection to request and obtain a consumer credit report for the Customer.