Common use of Couriers Clause in Contracts

Couriers. If arrangements are made to transfer items, funds or other property between you and us or our designated agent by means of a messenger, courier or armored carrier (collectively, “Messenger”), you agree that: (a) the Messenger is your agent, and not our agent; (b) you assume all risk of loss of, or damage to, the property while it is in transit; (c) property is not received by us until we provide a receipt for it at our office (or at such other location as we designate); and (d) the property is delivered to you when we give it to the Messenger. We make no warranty or representation regarding any Messenger. Our confirmation of the receipt of any bag or container shall not be considered a confirmation of its contents. All contents are subject to later verification by us. You understand that local traffic conditions and other circumstances may affect the time of shipments and that the Messenger may abandon or delay any scheduled shipment if its observes suspicious circumstances at your location.

Appears in 4 contracts

Samples: Treasury Management Master Services Agreement, Treasury Management Master Services Agreement, Treasury Management Master Services Agreement

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