Common use of GENERAL RULES GOVERNING THE OXYGEN BUSINESS DEPOSIT ACCOUNT Clause in Contracts

GENERAL RULES GOVERNING THE OXYGEN BUSINESS DEPOSIT ACCOUNT. The Account and Customer’s obligations under this Agreement may not be assigned. We may transfer our rights under this Agreement. Use of the Account is subject to all applicable rules and customs of any clearinghouse or other association involved in transactions. We do not waive our rights by delaying or failing to exercise them at any time. If any provision of this Agreement shall be determined to be invalid or unenforceable under any rule, law, or regulation of any governmental agency, local, state, or federal, the validity or enforceability of any other provision of this Agreement shall not be affected. This Agreement will be governed by the law of the State of Delaware except to the extent governed by federal law. This Agreement and the deposit relationship do not create a fiduciary relationship between the Bank and Customer, the Account Owner.

Appears in 5 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement, Deposit Account Agreement

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