Common use of APPOINTMENT OF AGENT AND ATTORNEY Clause in Contracts

APPOINTMENT OF AGENT AND ATTORNEY. The Financial Institution will grant access rights to an Agent of the Renter only if the Renter specifically authorizes such access as provided in the Appointment/Revocation. If the Renter provides such authorization then the Agent will be entitled to exercise the Renter’s access rights by providing the Financial Institution with proof of identity. The appointment of the Agent will be valid until the Financial Institution receives express written notice of revocation or, if applicable, until the death of the appointing Renter or the appointed Agent. In the case of a corporation, society, or partnership, the agency will not be effective after the dissolution, winding up, or bankruptcy of such business. The Financial Institution may, but is not obliged to, permit a person granted a power of attorney (an “Attorney”) by any person comprising the Renter to exercise the Renter’s access rights to the Safe Deposit Box, provided that the Attorney presents the Financial Institution with legal documentation establishing a valid grant of such powers to the Attorney and proof of identity that are acceptable to the Financial Institution. A Renter who does not want an Attorney to have access to the Safe Deposit Box must provide the Financial Institution with express written notice. The Renter acknowledges that upon presentation by an Attorney or Agent of the above-referenced documentation, the Financial Institution has no obligation to verify the validity of the grant of any rights or powers to the Agent or Attorney, as the case may be, the mental capacity of the Renter, or the bona fides of the Agent or Attorney, unless the Financial Institution is specifically advised in writing by the Renter or the Renter’s legal representative that no access is to be granted to the Agent or Attorney, or that the Agent’s or Attorney’s powers or authority have been terminated, revoked, or are otherwise invalid. The Renter bears the risk of any loss the Renter may incur from the conduct of the Agent or Attorney, and the Financial Institution will have no liability to the Renter arising from any unlawful, wrongful, or improper acts of the Agent or Attorney.

APPOINTMENT OF AGENT AND ATTORNEY. The Financial Institution will grant access rights to an Agent of the Renter only if the Renter specifically authorizes such access as provided in the Appointment/RevocationRevocation and/or Resolution. If the Renter provides such authorization then the Agent will be entitled to exercise the Renter’s access rights by providing the Financial Institution with proof of identity. The appointment of the Agent will be valid until the Financial Institution receives express written notice of revocation or, if applicable, or until the death of the appointing Renter or the appointed Agent. In the case of a corporation, society, or partnership, the agency will not be effective after the dissolution, winding up, or bankruptcy of such business. The Financial Institution may, but is not obliged to, permit a person granted a power of attorney (an “Attorney”) by any person comprising the Renter to exercise the Renter’s access rights to the Safe Deposit Box, provided that the Attorney presents the Financial Institution with legal documentation establishing a valid grant of such powers to the Attorney and proof of identity that are acceptable to the Financial Institutionidentity. A Renter who does not want wish an Attorney to have access to the Safe Deposit Box must provide the Financial Institution with express written notice. The Renter acknowledges that upon presentation by an Attorney or Agent of the above-referenced documentation, the Financial Institution has no obligation to verify the validity of the grant of any rights or powers to the Agent or Attorney, as the case may be, the mental capacity of the Renter, or the bona fides of the Agent or Attorney, unless the Financial Institution is specifically advised in writing by the Renter or the Renter’s legal representative that no access is to be granted to the Agent or Attorney, or that the Agent’s or Attorney’s powers or authority have been terminated, revoked, or are otherwise invalid. The Renter bears the risk of any loss the Renter may incur from the conduct of the Agent or Attorney, and the Financial Institution will have no liability to the Renter arising from any unlawful, wrongful, or improper acts of the Agent or Attorney.