Common use of Bankruptcy Clause Clause in Contracts

Bankruptcy Clause. The Agent shall not be held liable in the event of bankruptcy or failure of the depository bank or savings and loan association where the monies due the Landlord are deposited if it is a federally insured fiduciary account.

Appears in 4 contracts

Samples: Residential Property Management and Exclusive Rental Agreement, Residential Property Management and Exclusive Rental Agreement, Residential Property Management and Exclusive Rental Agreement

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Bankruptcy Clause. The Agent shall not be held liable in the event of bankruptcy or failure of the depository bank or savings and loan association where the monies due the Landlord are deposited if it is a federally insured fiduciary account.savings

Appears in 1 contract

Samples: Residential Property Management Agreement

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