Common use of Authority to Deposit Clause in Contracts

Authority to Deposit. If a Signing Authority (as listed on the Application) has been given the authority to make deposits, they have the authority to do the following: (a) to execute any documents relating to making deposits to the Account or any other accounts which you may open and operate alone or with another or others, whether in Partnership or otherwise, as may be required by ATB Financial; and (b) to negotiate with, deposit with, or transfer to ATB Financial (but for credit of your Account only) all or any cheques, promissory notes, bills of exchange, orders for the payment of money, drafts and other paper, negotiable or otherwise, purporting to be signed or endorsed on your behalf or having your name impressed thereon by rubber stamp or otherwise.

Authority to Deposit. If a Signing Authority (as listed on the Application) has been given the authority to make deposits, they have the authority to do the following: (a) a. to execute any documents relating to making deposits to the Account or any other accounts which you may open and operate alone or with another or others, whether in Partnership or otherwise, as may be required by ATB Financial; and (b) b. to negotiate with, deposit with, or transfer to ATB Financial (but for credit of your Account only) all or any cheques, promissory notes, bills of exchange, orders for the payment of money, drafts and other paper, negotiable or otherwise, purporting to be signed or endorsed on your behalf or having your name impressed thereon by rubber stamp or otherwise.

Authority to Deposit. If If, a Signing Authority (as listed on the Application) has been given the authority to make deposits, deposits they have the authority to do the following: (a) to To execute any documents relating to making deposits to the Account account, or any other accounts which you may open and operate alone or with another or others, whether in Partnership or otherwise, as may be required by ATB Financial; and. (b) to To negotiate with, deposit with, or transfer to ATB Financial (but for credit of your Account only) all or any cheques, promissory notes, bills of exchange, orders for the payment of money, drafts and other paper, negotiable or otherwise, purporting pur porting to be signed or endorsed on your behalf or having your name impressed thereon by rubber stamp or otherwise.