Common use of CHECKBOOKS Clause in Contracts

CHECKBOOKS.  THE BANK shall provide the Customer with the checkbooks that the movement of the account may require, duly identified and for which it shall charge the account for the value of the adhered stamps required by the law, as well as the cost of making such checkbooks. To that effect, THE CUSTOMER shall make the corresponding request in the special forms provided by THE BANK for such purpose.  THE BANK may refuse to supply checkbooks when they are requested by unauthorized persons or when the request is made without submitting the special form referred to in the previous clause. THE BANK reserves the right to charge the Customer for the cost of the material and the printing of checks. If THE CUSTOMER desires to prepare his own checks, he shall obtain, in advance, the written authorization of THE BANK. In any case, the characteristics (dimensions, quality of paper, ink and others) and wording of checks shall meet the specifications determined by THE BANK, being the latter exempted of every responsibility for damages and losses derived or caused directly or indirectly, of the failure to comply with the directions of THE BANK or in the event that the BANK cashes or changes some of such checks made by the CUSTOMER and it results forged or altered.

Appears in 10 contracts

Samples: Banking Products and Services Agreement, Banking Products and Services Agreement, Banking Products and Services Agreement

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CHECKBOOKS. THE BANK shall provide the Customer with the checkbooks that the movement of the account may require, duly identified and for which it shall charge the account for the value of the adhered stamps required by the law, as well as the cost of making such checkbooks. To that effect, THE CUSTOMER shall make the corresponding request in the special forms provided by THE BANK for such purpose. THE BANK may refuse to supply checkbooks when they are requested by unauthorized persons or when the request is made without submitting the special form referred to in the previous clause. THE BANK reserves the right to charge the Customer for the cost of the material and the printing of checks. If THE CUSTOMER desires to prepare his own checks, he shall obtain, in advance, the written authorization of THE BANK. In any case, the characteristics (dimensions, quality of paper, ink and others) and wording of checks shall meet the specifications determined by THE BANK, being the latter exempted of every responsibility for damages and losses derived or caused directly or indirectly, of the failure to comply with the directions of THE BANK or in the event that the BANK cashes or changes some of such checks made by the CUSTOMER and it results forged or altered.

Appears in 5 contracts

Samples: Banking Products and Services Agreement, Banking Products and Services Agreement, Banking Products and Services Agreement

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