Agmt15 Wells Fargo Bank - Laserfiche WebLink

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Dates and Special Instructions on Paper Items. Bank may,without inquiry or liability,pay one of Company's Paper Items even though: (i)special instructions written on the Paper Item indicate that Bank should refuse payment (e.g.,"Void after thirty (30) days,""Paid-In-Full," or"Void over $100"); (ii)the Paper Item is staledated(e.g,it bears a date that is more than six(6)months in the past), even ifBank has knowledge of the date on the Paper Item; (iii)the Paper Item is post-dated (e.g,it bears a date in the future),unless an Authorized Signer has given Bank a notice of post-dating; or(iv)the Paper Item is not dated. In addition, Bank may pay in U.S.dollars the amount that has been MICR-encoded on Company's Paper Item, even though Company has purportedly drawn the Paper Item in a fareign currency. Facsimile or Mechanical Signatures. If Company has elected to use a facsimile,other mechanical signature (including a stamp) to sign or endorse Paper Items or a Company logo or other mark in lieu of a signature,Bank may rely on that signature(or any signature that purports to be the facsimile,other mechanical signature of an Authorized Signer) or the Company logo or other mark as Company's authorized signature without regard to when or by whom or by what means or in what ink color such signature,Company logo or other mark may have been made or affixed to a Paper Item deposited to,drawn on or otherwise debited to Company's Account. Consumer ACH Debit Entries. Under the ACH Operating Rules,certain types of ACH entries may only be presented on a consumer account. These entries (each,a"Consumer ACH Debit Entry")include without limitation Point of Purchase ("POP"),account receivable ("ARC"),destroyed check ("XCK")and returned check ("RCK") entries. Bank shall have no obligation to pay,and no liability for paying,any Consi.uner ACH Debit Entry on Company's Account. Stop Payment Orders; Notices of Post-Dating General. "Stop payment order"refers to both an order to Bank not to pay a Paper Item and to a notice ofpost-dating.To be effective,a stop payment order must be received in a time and manner that gives Bank a reasonable opportunity to act on it before paying,accepting,certifying,cashing or otherwise becoming obligated to pay Company's Paper Item as provided in the Uniform Commercial Code.Each stop payment order is subject to Bank's verification that the Paper Item described in the order has not been 26