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If one of Company's Deposited Items is retumed with a claim that there is a breach ofwatranty (for example,that it bears a forged endorsement or is altered in arry way),Bank may debit Company's Account for the amaunt 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 ofthe facts that are being asserted, to assess the tirneliness ofthe 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 irnmediately repay any Overdcaft caused by the retum 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 retumed to the originator,Bank may deduct the amount from that or any other Acoount Company maintains at Banl� without prior notice and at any time,except as prohibited by the laws goveming this Agreement. Bank may also use any other legal remedy to recover the axnount. Reconstructing Lost or Destroyed Deposited Items. If a 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 Deposit�i Item by pmmptly: (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 payment on it(at Bank's expense) and issue a replacement Item to Company (ifthe Deposited Item has not b�n paid);or(rii) reviewing Company's records and other information and conducting any additional research as may be reasonable to deternune the issuer's identity (if Company does not lmow the idendty of the issuer of the Deposited Item). If Compazry 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 Deterndning Company's Account's Balance;Debiting Company's Accoun� In deteimining the balance in Company's Account that is available 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 ofPresentYnenY�. The hold may rernain in effect from the time the Notice of Presentment is received until 22 ATTY/AGR/2016.186/WELLS FARGO BANKING AGREEMENT