Common use of Payment of Items Clause in Contracts

Payment of Items. Helm may, at its discretion, refuse payment of, and return as unpaid, any item drawn on an Account if the balance of collected funds in the Account is insufficient to pay the total amount of such item, and a service fee will be charged against the Account for the processing and return of the item. Helm may, in its discretion disregard any information on a check presented for payment on your Account other than the signature(s) of the drawers, the identification of the drawee bank, the payee, the amount, the date and the information which appears in the MICR line. Customer agrees to be liable for any damages suffered by the Helm as a result of any other information written on the face or back of any check. ▇▇▇▇ accepts no responsibility for the payment of items which are presented the same Banking Day on which deposits are made to an Account, unless there is already a sufficient balance of collected funds in the Account to pay the total amount of such item. Payment of an item may be refused by ▇▇▇▇, at its sole discretion, if the item is written in pencil, illegible, improperly prepared, stale or post-dated, presented beyond the date of payment, contains a double endorsement or is not negotiable for any reason.

Payment of Items. Helm DI may, at its discretion, refuse payment of, and return as unpaid, any item drawn on an Account if the balance of collected funds in the Account is insufficient insufficient to pay the total amount of such item, and a service fee will be charged against the Account for the processing and return of the item. Helm DI may, in its discretion discretion, disregard any information on a check presented for payment on your Account other than the signature(s) of the drawers, the identification identification of the drawee bank, the payee, the amount, the date and the information which appears in the MICR line. Customer agrees to be liable for any damages suffered suffered by the Helm DI as a result of any other information written on the face or back of any check. ▇▇▇▇ DI accepts no responsibility for the payment of items which are presented the same Banking Day on which deposits are made to an Account, unless there is already a sufficient sufficient balance of collected funds in the Account to pay the total amount of such item. Payment of an item may be refused by ▇▇▇▇DI, at its sole discretion, if the item is written in pencil, illegible, improperly prepared, stale or post-dated, presented beyond the date of payment, contains a double endorsement or is not negotiable for any reason.