Common use of Your Representations and Warranties to Us; Indemnification Clause in Contracts

Your Representations and Warranties to Us; Indemnification. Each time you use the Mobile Deposit Service to transmit any check image to us, you represent and warrant to us that: (i) the check is not a Prohibited Check, (ii) you are entitled to enforce the check, (iii) all signatures on the check are authentic and authorized, (iv) the check is not a counterfeit item, (v) the check has not been altered, (vi) the check is not subject to a defense or claim in recoupment of any party that can be asserted against you, (vii) you have no knowledge of any insolvency proceeding commenced with respect to you or the drawer of the check, (viii) the check, in the event of any dishonor or nonpayment by the drawee, is enforceable against both you and the drawer of the check, (ix) the check image transmitted by you to us contains an accurate representation of the front and the back of the check and otherwise complies with the requirements of the Service (including, but not limited to, any endorsement requirements), (x) you will neither create nor transmit through the Service any duplicate image of the check, nor will you deposit or otherwise negotiate the original check,

Appears in 1 contract

Sources: Business Account Agreement

Your Representations and Warranties to Us; Indemnification. Each time you use the Mobile Deposit Service to transmit any check image to us, you represent and warrant to us that: (ia) the check is not a Prohibited Check, ; (iib) you are entitled to enforce the check, ; (iiic) all signatures on the front and back of the check are authentic and authorized, ; (ivd) the check is not a counterfeit item, ; (ve) the check has not been altered, ; (vif) the check is not subject to a defense or claim in recoupment of any party that can be asserted against you, ; (viig) you have no knowledge of any insolvency proceeding commenced with respect to you or the drawer of the check, ; (viiih) the check, in the event of any dishonor or nonpayment by the drawee, is enforceable against both you and the drawer of the check, ; (ixi) the check image transmitted by you to us contains an accurate representation of the front and the back of the check and otherwise complies with all the requirements of the Service (including, but not limited to, any endorsement requirements), (x) you will neither create nor transmit through the Service any duplicate image of the check, nor will you deposit or otherwise negotiate the original check,;

Appears in 1 contract

Sources: Mobile Deposit Capture Services Agreement