Common use of BNY Mellon Actions Without Instructions Clause in Contracts

BNY Mellon Actions Without Instructions. Notwithstanding anything to the contrary set forth in this Agreement, Customer hereby authorizes BNY Mellon, without Instructions, to take any administrative or ministerial actions with respect to the Accounts that it deems reasonably necessary or appropriate to perform its obligations under this Agreement, including the following: (a) Receive income and other payments due to the Accounts; (b) Endorse for collection checks, drafts or other negotiable instruments received on behalf of the Accounts; and (c) Execute and deliver, solely in its capacity as custodian, certificates, documents or instruments incidental to BNY Mellon’s performance under this Agreement.

BNY Mellon Actions Without Instructions. Notwithstanding anything to the contrary set forth in this Agreement, Customer hereby authorizes BNY Mellon, without Instructions, to take any administrative or ministerial actions with respect to the Accounts that it deems reasonably necessary or appropriate to perform its obligations under this Agreement, including the following: : (a) Receive income and other payments due to the Accounts; ; (b) Endorse for collection checks, drafts or other negotiable instruments received on behalf of the Accounts; and and (c) Execute and deliver, solely in its capacity as custodian, certificates, documents or instruments incidental to BNY Mellon’s performance under this Agreement.

BNY Mellon Actions Without Instructions. Notwithstanding anything to the contrary set forth in this Agreement, Customer hereby authorizes BNY Mellon, without Instructions, to take any administrative or ministerial actions with respect to the Accounts that it deems reasonably necessary or appropriate to perform its obligations under this Agreement, including the following: : (a) Receive income and other payments due to the Accounts; ; (b) Endorse for collection checks, drafts or other negotiable instruments received on behalf of the Accounts; and and (c) Execute and deliver, solely in its capacity as custodian, certificates, documents or instruments incidental to BNY Mellon’s 's performance under this Agreement.