Stale Items Sample Clauses

The Stale Items clause defines how products that remain unsold or unused beyond a certain period are to be handled. Typically, this clause outlines procedures for identifying items considered 'stale,' such as inventory that has not moved within a specified timeframe, and may specify actions like returning, discounting, or disposing of such items. Its core practical function is to manage excess or outdated inventory, thereby reducing financial losses and storage costs for the parties involved.
Stale Items. We are under no obligation to pay a check which is presented for payment more than six months from its date. In the event that a check drawn on your Account is payable, by its terms, within a stated period of time, we are under no obligation to pay that check if it is presented after the expiration of that time period.
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Stale Items. The Bank is not obligated to pay items drawn on any account which are presented more than six (6) months after their date; however, if the Bank does in its discretion pay any such items, it may charge your account for such items.
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Stale Items. We may pay a check of yours without regard to its date, and you agree that we will have no liability for doing so. We are under no obligation to pay a check which is presented for payment more than six
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Stale Items. A stale dated check is a check presented at the Credit Union six (6) months or more after the issue date of the check. In the event a check drawn on your Account is payable by its terms within a stated period of time, we are under no obligation to pay a check which is presented for payment more than six (6) months from its issue date.
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Stale Items. We are not obligated to pay items drawn on any Account which are presented more than six (6) months after their date; however, if we do, in our discretion, pay any such items, we may charge your Account for such items.
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Stale Items. We are under no obligation to pay a check which is presented for payment more than six months from its date.
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Stale Items. We reserve the right to pay or dishonor any item more than six months old without prior notice to you.
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Stale Items. The Bank reserves the right either to pay or dishonor any stale item (an item presented more than six months after its issue date) upon presentment. The Bank shall not be liable to you for refusing to pay a stale item or for paying a stale item.
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Related to Stale Items

  • Ineligible Items Items ineligible for grant award reimbursement include: alcohol, for consumption purposes; land; construction or reconstruction of driving ranges, towers and skid pads; construction, rehabilitation or remodeling of State, local or private buildings or structures; and office furnishings and fixtures. Grant funds shall never be used to purchase property or build facilities. Grantees are responsible for paying for grant-funded goods and services in a timely manner. Grant funds may not be used to pay late fees, finance charges, interest, or any costs associated with late or overdue bills. All such costs are the sole responsibility of Grantee.

  • Eligible Items You agree to scan and deposit only "checks" as that term is defined in Federal Reserve Regulation CC ("Reg. CC"). When the image of the check transmitted to the Bank is converted to an Image Replacement Document for subsequent presentment and collection, it shall thereafter be deemed an "item" within the meaning of Articles 3 and 4 of the Uniform Commercial Code.

  • Adding agenda items Any agenda item requiring a decision by the Members must be identified as such on the agenda. Any Member may add an item to the original agenda by written notification to all of the other Members no later than 7 calendar days preceding the meeting.

  • Electrical Items All electrical items purchased under this Grant Agreement/Contract or used in the performance of approved and eligible grant-funded activities must meet all applicable Occupational Safety and Health Administration (OSHA) standards and regulations, and bear the appropriate listing from Underwriters Laboratory (UL), Factory Mutual Resource Corporation (FMRC), or National Electrical Manufacturers Association (NEMA).

  • Exception Items When we review and process your electronic file, we may reject any electronic image that we determine to be ineligible for the service ("Exception Item") including, without limitation, electronic images of items drawn on banks located outside the United States, items drawn on U.S. Banks in foreign currency, electronic images that are illegible (due to poor image quality or otherwise), electronic images of items previously processed, electronic images previously converted to substitute checks, and electronic images with unreadable MICR information. We will notify you of any Exception Items. You agree that if you wish to attempt to deposit any Exception Item to any of your accounts with Credit Union, you will only do so by depositing the original item on which the Exception Item is based. You acknowledge and agree that even if you do not initially identify an electronic image as an Exception Item, the substitute check created by the Credit Union there from may nevertheless be returned to Credit Union because, among other reasons, the electronic image is deemed illegible by a paying bank. Credit Union's failure to identify an Exception Item shall not preclude or limit your obligations to Credit Union.