Common use of Authority and Instructions Clause in Contracts

Authority and Instructions. If we permit, we may take instructions from any Account Holder and/or the Authorized Contact without the approval of the other(s), and each of you are designated agents for the other without further authorization. If we permit, any one of you may authorize additional Account Holders or Authorized Contacts, without notice to any other Account Holders. If we permit, you may authorize and appoint Signing Authorities on this Account. You are solely responsible for determining the suitability of individuals you appoint as Signing Authorities or as Authorized Contacts. ATB Financial shall not in any way be liable or held responsible for any loss suffered by you caused by any act or omission or wrongful conduct of any Signing Authority appointed by you. ATB Financial is authorized to contact your Authorized Contact to discuss the ongoing operation of the Account.

Appears in 6 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

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Authority and Instructions. If we permit, we may take instructions from any Account Holder and/or Holder, and, or the Authorized Contact Contact, without the approval of the other(s), ) and each of you are designated agents for the other without further authorization. If we permit, any one of you may authorize additional Account Holders or Authorized Contacts, without notice to any other Account Holders. If we permit, you may authorize and appoint Signing Authorities on this Account. You are solely responsible for determining the suitability of individuals you appoint as Signing Authorities or as Authorized Contacts. ATB Financial shall not in any way be liable or held responsible for any loss suffered by you caused by any act or omission omission, or wrongful conduct of any Signing Authority appointed by you. ATB Financial is authorized to contact your Authorized Contact to discuss the ongoing operation of the Account.

Appears in 1 contract

Samples: Account Agreement

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Authority and Instructions. If we permit, we may take instructions from any Account Holder and/or the Authorized Contact without the approval of the other(s), and each of you are designated agents for the other without further authorization. If we permit, any one of you may authorize additional Account Holders or Authorized Contacts, without notice to any other Account Holders. If we permit, you may authorize and appoint Signing Authorities on this Account. You are solely responsible for determining the suitability of individuals you appoint as Signing Authorities or as Authorized Contacts. ATB Financial shall not in any way be liable or held responsible for any loss suffered by you caused by any act or omission or wrongful conduct of any Signing Authority appointed by you. ATB Financial is authorized to contact your Authorized Contact to discuss the ongoing operation of the Account.. Form 2889 (Rev. 06/21)

Appears in 1 contract

Samples: Business Banking Account Agreement

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