Additional Provisions Relating to Checks and Deposits Sample Clauses

Additional Provisions Relating to Checks and Deposits. The Bank, at its sole discretion, can choose the method of obtaining payment on your deposits and may use other banks in the process. The Bank is not responsible for actions taken by other banks, or for the loss or destruction of any checks, drafts or other instruments in the possession of the other bank or in transit. The Bank shall not be liable for any errors, negligence, default, misconduct or insolvency on the part of any agent selected by the Bank, or any sub-agent selected by such agent, any such agent or sub-agent being deemed an agent of the Client. In collecting any check or similar items, the Bank and any collecting agent may accept the drafts or credits of any bank, drawee, acceptor, or pay or in lieu of cash. If payment of any check or similar item would exceed the credit balance on any account of yours or exceed any authorized overdraft limit, the Bank may, in its sole discretion, make such payment only up to the amount of such credit balance or overdraft limit. The Bank is under no obligation to honor any restrictive legend on any check signed, accepted, or endorsed by you. You shall at all times exercise due care to prevent checkbooks or blank checks of yours from coming into the possession of unauthorized persons and to prevent any instruction, check or similar item from being altered, lost, or forged. You shall immediately report to the Bank in writing, by telefax or rapid mail, the theft, loss, or alteration of any check or checkbook.
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Additional Provisions Relating to Checks and Deposits. The Bank, at its sole discretion, can choose the method of obtaining payment on your deposits and may use other banks in the process. The Bank is not responsible for actions taken by other banks, or for the loss or destruction of any checks, drafts or other instruments in the possession of the other bank or in transit. The Bank shall not be liable for any errors, negligence, default, misconduct or insolvency on the part of any agent selected by the Bank, or any sub-agent selected by such agent, any such agent or sub-agent being deemed an agent of the Client. In collecting any check or similar items, the Bank and any collecting agent may accept the drafts or credits of any bank, drawee, acceptor, or pay or in lieu of cash. If payment of any check or similar item would exceed the credit balance on any account of yours or exceed any authorized overdraft limit, the Bank may, in its sole discretion, make such payment only up to the amount of such credit balance or overdraft limit. The Bank is under no obligation to honor any restrictive legend on any check signed, accepted, or endorsed by you.
Additional Provisions Relating to Checks and Deposits. The Branch shall not be liable for any errors, negligence, default, misconduct or insolvency on the part of any agent selected by the Branch, or any sub-agent selected by such agent, any such agent or sub-agent being deemed an agent of the Depositor. In collecting any check or similar items, the Branch and any collecting agent may accept the drafts or credits of any Branch, drawee, acceptor or payor in lieu of cash. If payment of any check or similar item would exceed the credit balance on any account of yours or exceed any authorized overdraft limit, the Branch may, in its sole discretion, make such payment only up to the amount of such credit balance or overdraft limit The Branch is under no obligation to honor any restrictive legend on any check signed, accepted or endorsed by you. You shall at all times exercise due care to prevent checkbooks or blank checks of yours from coming into the possession of unauthorized persons and to prevent any instruction, check or similar item from being altered, lost or forged. You shall immediately report to the Branch in writing, UNIVERSAL ACCOUNT AGREEMENT by facsimile or electronic mail, the theft, loss or alteration of any check or checkbook.

Related to Additional Provisions Relating to Checks and Deposits

  • Other Provisions Relating to the Grievance Procedure 1. No reprisal of any kind shall be taken by or against any participant in the grievance procedure by reason of such participation.

  • Additional Procedures Applicable to High Value Accounts 1. If a Preexisting Individual Account is a High Value Account as of December 31, 2013, the Reporting [FATCA Partner] Financial Institution must complete the enhanced review procedures described in paragraph D of this section with respect to such account by December 31, 2014. If based on this review, such account is identified as a U.S. Reportable Account, the Reporting [FATCA Partner] Financial Institution must report the required information about such account with respect to 2013 and 2014 in the first report on the Account. For all subsequent years, information about the account should be reported on an annual basis.

  • Suspension of Rules Relating to Recalcitrant Accounts The United States shall not require a Reporting [FATCA Partner] Financial Institution to withhold tax under section 1471 or 1472 of the U.S. Internal Revenue Code with respect to an account held by a recalcitrant account holder (as defined in section 1471(d)(6) of the U.S. Internal Revenue Code), or to close such account, if the U.S. Competent Authority receives the information set forth in paragraph 2 of Article 2 of this Agreement, subject to the provisions of Article 3 of this Agreement, with respect to such account.

  • COMPLIANCE OF LAWS RELATING TO REMITTANCES 3.1 The Allottee, if resident outside India, shall be solely responsible for complying with the necessary formalities as laid down in Foreign Exchange Management Act, 1999, Reserve Bank of India Act, 1934 and the Rules and Regulations made thereunder or any statutory amendment(s) modification(s) made thereof and all other applicable laws including that of remittance of payment acquisition/sale/transfer of immovable properties in India etc. and provide the Promoter with such permission, approvals which would enable the Promoter to fulfil its obligations under this Agreement. Any refund, transfer of security, if provided in terms of the Agreement shall be made in accordance with the provisions of Foreign Exchange Management Act, 1999 or the statutory enactments or amendments thereof and the Rules and Regulations of the Reserve Bank of India or any other applicable law. The Allottee understands and agrees that in the event of any failure on his/her part to comply with the applicable guidelines issued by the Reserve Bank of India; he/she may be liable for any action under the Foreign Exchange Management Act, 1999 or other laws as applicable, as amended from time to time.

  • Certain Agreements Related to Deposits Subject to Section 2.2, the Assuming Institution agrees to honor the terms and conditions of any written escrow or mortgage servicing agreement or other similar agreement relating to a Deposit liability assumed by the Assuming Institution pursuant to this Agreement.

  • Agreements Relating to Sentencing 10. The government agrees to recommend that the Court impose a sentence of imprisonment within the applicable guidelines range and to make no further recommendation concerning what sentence of imprisonment should be imposed.

  • Additional Provisions Respecting Insurance (a) All insurance required by this Tenant Agency Compliance Agreement shall be procured and maintained in financially sound and generally recognized responsible insurance companies authorized to write such insurance in the State and selected by the entity required to procure the same. The company issuing the policies required by Section 2.1(a) hereof shall be rated “A” or better by A.M. Best Co., Inc. in Best’s Key Rating Guide. Such insurance may be written with deductible amounts comparable to those on similar policies carried by other companies engaged in businesses similar in size, character and other respects to those in which the procuring entity is engaged. All policies of insurance required by Section 2.1 hereof shall provide for at least thirty (30) days prior written notice to the Agency of the restriction, cancellation or modification thereof. The policy evidencing the insurance required by Section 2.1(c) hereof shall name the Agency as an additional insured. All policies evidencing the insurance required by Section 2.1 (d)(ii) and (iv) shall name the Agency and the Tenant as additional insureds.

  • PROVISIONS REQUIRED BY LAW DEEMED INSERTED Each and every provision of law and clause required by law to be inserted in this Contract shall be deemed to be inserted herein and this Contract shall be read and enforced as though it were included therein.

  • Obligations relating to Project Agreements 5.2.1 It is expressly agreed that the Concessionaire shall, at all times, be responsible and liable for all its obligations under this Agreement notwithstanding anything contained in the Project Agreements or any other agreement, and no default under any Project Agreement or agreement shall excuse the Concessionaire from its obligations or liability hereunder.

  • Definitions Rules of Construction In addition to terms otherwise defined herein, the following terms are used herein as defined below:

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