Independent Contractor/Limits on Liability. The Courier is an independent contractor and is not an agent or employee of Bank. The Courier shall be solely responsible for all deposits while such deposits are in its custody, and Bank shall under no circumstances be responsible for, or have any liability for, any deposits until such deposits are received by Bank at Bank’s designated location(s).
Appears in 3 contracts
Samples: Treasury Management Master Agreement, Treasury Management Master Agreement, Treasury Management Master Agreement
Independent Contractor/Limits on Liability. The Courier is an independent contractor and is not an agent or employee of Bank. The Courier As between the Bank and the Depositor, the Depositor shall be solely responsible for all deposits while such deposits are in its Courier’s custody, . Bank is not and Bank shall under no circumstances not be considered an insurer of any deposits placed with the Courier and shall not be responsible for, or have any liability for, any deposits until such deposits are received by Bank at Bank’s designated location(s)office at 0000 Xxx Xxxxxxxxx Xxxxx, Xxxxx 000, Xxxxxxx, XX 00000.
Appears in 1 contract
Samples: Courier Service Agreement
