Common use of Exemption from Liability Clause in Contracts

Exemption from Liability. 12.1 Save and except for damages arising directly from the Bank’s wilful default or gross negligence, the Bank shall not be responsible or liable for any expense, loss, damage, liability or other consequences suffered or incurred by the Customer: (a) Provided that the Bank has acted in good faith on the Customer’s Instructions; (b) in connection with the Bank’s refusal to accept the funds in accordance with this Schedule 1; (c) for any loss or damage caused by any delay or failure in any transmission or communication facilities; (d) arising from the Bank’s inability to detect any irregularity in the Customer’s signature through no fault of the Bank; (e) arising from the Customer or the Customer’s agent’s negligence, default or misconduct.

Exemption from Liability. 12.1 Save and except for damages arising directly from the Bank’s wilful default or gross negligence, the Bank shall not be responsible or liable for any expense, loss, damage, liability or other consequences suffered or incurred by the Customer: (a) Provided that the Bank has acted in good faith on the Customer’s Instructions; (b) in connection with the Bank’s refusal to accept the funds in accordance with this Schedule 1; (c) for any loss or damage caused by any delay or failure in any transmission or communication facilities; (d) arising from the Bank’s inability to detect any irregularity in the Customer’s signature through no fault of the Bank; (e) arising from the Customer or the Customer’s agent’s negligence, default or misconduct...

Exemption from Liability. 12.1 Save and except for damages arising directly from the Bank’s wilful willful default or gross negligence, the Bank shall not be responsible or liable for any expense, loss, damage, liability or other consequences suffered or incurred by the Customer:Customer:- (a) Provided that the Bank has acted in good faith on the Customer’s Instructions; (b) in connection with the Bank’s refusal to accept the funds in accordance with this Schedule 1; (c) for any loss or damage caused by any delay or failure in any transmission or communication facilities; (d) arising from the Bank’s inability to detect any irregularity in the Customer’s signature through no fault of the Bank; (e) arising from the Customer or the Customer’s agent’s negligence, default or misconduct.; and