Common use of Exemption of Bank from Liability Clause in Contracts

Exemption of Bank from Liability. The Bank is not liable for the refusal to execute, non-execution or delay in the execution of a Payment Order or the damage caused by this if the Bank’s liability is ruled out on the basis of the Terms and Conditions of E-invoice Standing Order Agreement or any other terms and con- ditions of the bank applicable to Payments or if the Bank is complying with the obligations arising from legislation.

Appears in 1 contract

Samples: luminor.ee

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Exemption of Bank from Liability. 12.3.1 The Bank is not liable for the refusal to execute, non-execution or delay in the execution of a Payment Order or the damage caused by this if the Bank’s liability is ruled out on the basis of under the Terms and Conditions of E-invoice Standing Order Agreement Account Agreement, the General Terms and Conditions or any other terms and con- ditions of the bank applicable to Payments Payment Terms or if the Bank is complying with the obligations arising from legislation.. Among others, the liability of the Bank is ruled out in the following cases:

Appears in 1 contract

Samples: Account Agreement

Exemption of Bank from Liability. 12.3.1. The Bank is not liable for the refusal to execute, non-execution failure to execute or delay in the execution of a Payment Order or the damage caused by this if the Bank’s liability is ruled out on the basis of under the Terms and Conditions of E-invoice Standing Order Agreement the Account Agreement, the General Terms and Conditions or any other terms and con- ditions of the bank applicable to Payments Payment Terms or if the Bank is complying with the obligations arising from the legislation.. Inter alia, the liability of the Bank is ruled out in the following cases:

Appears in 1 contract

Samples: luminor.ee

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Exemption of Bank from Liability. 6.3.1 The Bank is not liable for the refusal to execute, non-execution or delay in the execution of a Payment Order or the damage caused by this if the Bank’s liability is ruled out on the basis of the Terms and Conditions of E-invoice the Standing Order Agreement or any other terms and con- ditions conditions of the bank Bank applicable to Payments payments or if the Bank is complying with the obligations arising from legislation.

Appears in 1 contract

Samples: luminor.ee

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