Common use of Acts and Omissions of Other Financial Institutions Clause in Contracts

Acts and Omissions of Other Financial Institutions. We will not be liable for the intentional wrongdoing or the lack of ordinary care by any financial institution to which we have forwarded a check, draft, or other order or instruction for the payment, transfer or withdrawal of funds (an “Item”) for deposit to your Collateral Account.

Appears in 3 contracts

Samples: Collateral Account Agreement, Collateral Account Agreement, Collateral Account Agreement

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Acts and Omissions of Other Financial Institutions. We will not be liable for the intentional wrongdoing or the lack of ordinary care by any financial institution to which we have that has forwarded a check, draft, or other an order or instruction for the payment, transfer or withdrawal of funds (an “Item”) for deposit to your Collateral Current Build Deposit Account and your Secured Account.

Appears in 1 contract

Samples: Current Build Deposit and Secured Accounts Agreement

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Acts and Omissions of Other Financial Institutions. We will not be liable for the intentional wrongdoing or the lack of ordinary care by any financial institution to which we have that has forwarded a check, draft, or other an order or instruction for the payment, transfer or withdrawal of funds (an “Item”) for deposit to your Collateral Secured Account.

Appears in 1 contract

Samples: Secured Account Agreement

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