Common use of Presentment Prohibitions Clause in Contracts

Presentment Prohibitions. The Member shall not present, or attempt to present, or allow others, either directly or indirectly, to present, or attempt to present, for deposit by any means (i) any Substitute Check that has already been presented for deposit via MyDeposit Service or (ii) any original check, the Substitute Check of which has already been presented for deposit via MyDeposit. Member agrees that the aggregate amount of any items that are deposited more than once will be debited from the Member's account, and to the extent funds in the Member's account are insufficient to cover such amount, any balance shall be debited by the Credit Union from any other accounts with the Credit Union in its sole discretion. Member further acknowledges that the Member, not the Credit Union, is responsible for the processing and handling of any original items that are imaged and deposited utilizing the service, and the Member assumes all liability to the drawer of any item imaged using the service or liability arising from the Credit Union's printing of any substitute check from those images.

Presentment Prohibitions. The Member shall not present, or attempt to present, or allow others, either directly or indirectly, to present, or attempt to present, for deposit by any means (i) any Substitute Check that has already been presented for deposit via Mobile MyDeposit Service or (ii) any original check, the Substitute Check of which has already been presented for deposit via Mobile MyDeposit. Member agrees that the aggregate amount of any items that are deposited more than once will be debited from the Member's account, and to the extent funds in the Member's account are insufficient to cover such amount, any balance shall be debited by the Credit Union from any other accounts with the Credit Union in its sole discretion. Member further acknowledges that the Member, not the Credit Union, is responsible for the processing and handling of any original items that are imaged and deposited utilizing the service, and the Member assumes all liability to the drawer of any item imaged using the service or liability arising from the Credit Union's printing of any substitute check from those images.