Common use of Confirmation of Oral Instructions/ Security Devices Clause in Contracts

Confirmation of Oral Instructions/ Security Devices. Any Instructions delivered to Bank by telephone will promptly thereafter be confirmed in writing by an Authorized Person. Each confirmation is to be clearly marked "Confirmation." Bank will not be liable for having followed such Instructions notwithstanding the failure of an Authorized Person to send such confirmation in writing or the failure of such confirmation to conform to the telephone Instructions received. Either party may record any of their telephonic communications. Customer will comply with any security procedures reasonably required by Bank from time to time with respect to verification of Instructions. Customer will be responsible for safeguarding any test keys, identification codes or other security devices that Bank will make available to Customer or any Authorized Person.

Confirmation of Oral Instructions/ Security Devices. Any Instructions delivered to Bank by telephone will shall promptly thereafter be confirmed in writing by an Authorized Person. Each confirmation is to be clearly marked "Confirmation." Bank will shall not be liable for having followed such Instructions notwithstanding the failure of an Authorized Person to send such confirmation in writing or the failure of such confirmation to conform to the telephone Instructions received. Either party may record any of their telephonic communications. Customer will shall comply with any security procedures reasonably required by Bank from time to time with respect to verification of Instructions. Customer will shall be responsible for safeguarding any test keys, identification codes or other security devices that Bank will shall make available to Customer or any Authorized Person.