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If one of Company's Deposited Items is returned with a clairn that there is a breach ofwarranty (for example,that it bears a forged endorsement or is altered in any way),Bank may debit Company's Account for the amount of the Item (plus any associated fees) and pay the amount to the person or entity making the claim.Bank is under no duty to question the truth of the facts that are being asserted, to assess the timeliness of the claim,or to assert any defense.Bank need not give Company any prior notification of its actions with respect to the claim. Company agrees to irrunediately repay any Overdraft caused by the return of a Deposited Item. Direct Deposits Returned by Bank. I�in connection with a direct deposit plan funds are deposited to Company's Account and later returned to the originator,Bank may deduct the amount from that or any other Account Company maintains at Bank, without prior notice and at any time,except as prohibited by the laws governing this Agreement. Bank may also use any other legal remedy to recover the amount. Reconstructing Lost or Destroyed Deposited Items. ffa Deposited Item is lost or destroyed during processing or collection (either at Bank or at another point in the payments system), Company agrees to cooperate fully with Bank to reconstruct the Deposited Item by promptly: (i)providing Bank with a copy of the front and back of the Deposited Item from Company's or the issuer's records; (ii)asking the issuer to place a stop payrnent on it(at Bank's expense) and issue a replacement Item to Company (if the Deposited Item has not been paid);ar(iii) reviewing Company's records and other information and conducting any additional research as may be reasonable to determine the issuer's identity (if Company does not know the identity of the issuer of the Deposited Item). If Company fails to cooperate with Bank,Bank may,at any time and without advance notice to Company,reverse or otherwise adjust any credit made to Company's Account for a lost or destroyed Deposited Item. Withdrawals from Company's Account Determining Company's Account's Balance;Debiting Company's Accoun� In determining the balance in Company's Account that is a�ailable to pay Items, Bank may reduce the available balance by the amount of any hold that Bank has placed on Company's Account under this Agreement. Additionally,Bank may place a hold on Company's Account ifBank receives an electronic notice that an Item will be presented for payment or collection against Company's Account (a"Notice of Presenhnent"). The hold may remain in effect from the time the Notice of Presentment is received until 22