Payments by Check Clause Samples

The "Payments by Check" clause defines the method by which payments under the agreement may be made using checks. It typically outlines the acceptable forms of checks, such as personal, certified, or cashier’s checks, and may specify requirements like the payee’s name, mailing address, and timelines for when a payment is considered received (for example, upon mailing or upon clearance). This clause ensures both parties understand the procedures and timing for check payments, reducing disputes over payment methods and clarifying when obligations are fulfilled.