INCOMING AND OUTGOING ITEMS Sample Clauses

INCOMING AND OUTGOING ITEMS. BANK agrees to hold FNB harmless from any and all On BANK's request, FNB will make available information losses and/or damages which might be occasioned from required by BANK for communication with sending and/or the processing of incoming and outgoing items to and receiving sources, provided such information has not from the Federal Reserve Bank; BANK's correspondent yet been made available to Bank. bank(s); clearing banks; other sending and receiving sources; and Bank agrees to conduct any and all communications with such receiving and/or sending sources. RESPONSIBILITY DEFINITIONS (cont'd.) BANK FNB

INCOMING AND OUTGOING ITEMS. BANK agrees to hold FNB harmless from any and all losses and/or damages which might be On BANK'S request, and in a timely manner occasioned from the processing of incoming FNB will make available information required and outgoing items to and from the Federal by BANK for communication with sending Reserve Bank; BANK's correspondent bank(s); and/or receiving sources,provided such clearing banks; other sending and receiving information has not yet been made available sources; and Bank agrees to conduct any and to Bank. all communications with such receiving and/or sending sources. RESPONSIBILITY OF DEFINITIONS (cont'd.) BANK FNB ---- --- 4. TRANSMITTAL OF TRANSACTIONS BANK agrees to send to FNB all "over the FNB will audit the groups of work received counter" and other branch generated from each branch delivery to the transactions under the controlled transmittal letter sent with the groups of environment of Batch headers and work by BANK. FNB will notify BANKS's transmittal letters as defined by FNB. designated employees upon discovery of BANK releases and holds FNB harmless any discrepancy in the audit of groups of from any and all liability for missing work work for the transmittal letter. not sent to FNB in accordance with this procedure.