KEYS AND LOCK. 4.1 Upon payment of the key deposit by the Hirer(s), the Hirer(s) will be given the use of two (2) keys to the Box. The keys will remain the property of the Bank and must be returned to the Bank on the termination of the hiring and no other key than that issued by the Bank may be used. No other person other than a duly authorised person (as defined in Clause 5.1) shall be permitted to use the keys. 4.2 Both the keys must be surrendered to the Bank in good condition upon the termination of the Agreement. When a key is lost, the Hirer(s) must notify the Bank without any delay via xxxx@xxxxxxxxxx.xxx or visit the domicile branch. In the event of the loss of the keys or of the failure to return them to the Bank or of the necessity of providing new key(s), the deposit shall be forfeited by the Bank. A new key(s) may be issued to the Hirer(s) upon payment of the prescribed deposit and of such charges and expenses as the Bank may make in respect of any necessary alterations or replacements including the cost of new lock. 4.3 The Hirer(s) shall at all times during banking hours permit the Bank to have access to the vault for the purposes of examining its state and condition, to make any repairs or adjustments (if need be) but the Bank shall not be deemed to have any knowledge of any of the articles deposited and shall in no way be held responsible for any of the contents of the Box. 4.4 Any repair to or replacement of the lock to the Box or key will solely be carried out by the Bank and where the repair does not arise from reasonable wear and tear, such repair or replacement of the lock or key will be paid for by the Hirer(s).
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Samples: Safe Deposit Box Terms and Conditions, Safe Deposit Box Terms and Conditions
KEYS AND LOCK. 4.1 Upon payment of the key deposit by the Hirer(s), the Hirer(s) will be given the use of two (2) keys to the Box. The keys will remain the property of the Bank and must be returned to the Bank on the termination of the hiring and no other key than that issued by the Bank may be used. No other person other than a duly authorised person (as defined in Clause 5.1) shall be permitted to use the keys.
4.2 Both the keys must be surrendered to the Bank in good condition upon the termination of the Agreement. When a key is lost, the Hirer(s) must notify the Bank without any delay via xxxx@xxxxxxxxxx.xxx or visit the domicile branchdelay. In the event of the loss of the keys or of the failure to return them to the Bank or of the necessity of providing new key(s), the deposit shall be forfeited by the Bank. A new key(s) may be issued to the Hirer(s) upon payment of the prescribed deposit and of such charges and expenses as the Bank may make in respect of any necessary alterations or replacements including the cost of new lock.
4.3 The Hirer(s) shall at all times during banking hours permit the Bank to have access to the vault Box for the purposes of examining its state and condition, to make any repairs or adjustments (if need be) but the Bank shall not be deemed to have any knowledge of any of the articles deposited and shall in no way be held responsible for any of the contents of the Box.
4.4 Any repair to or replacement of the lock to the Box or key will solely be carried out by the Bank and where the repair does not arise from reasonable wear and tear, such repair or replacement of the lock or key will be paid for by the Hirer(s).
Appears in 1 contract
KEYS AND LOCK. 4.1 Upon payment of the key deposit by the Hirer(s), the Hirer(s) will be given the use of two (2) keys to the Box. The keys will remain the property of the Bank and must be returned to the Bank on the termination of the hiring and no other key than that issued by the Bank may be used. No other person other than a duly authorised person (as defined in Clause 5.1) shall be permitted to use the keys.
4.2 Both the keys must be surrendered to the Bank in good condition upon the termination of the Agreement. When a key is lost, the Hirer(s) must notify the Bank without any delay via xxxx@xxxxxxxxxx.xxx or visit the domicile branchdelay. In the event of the loss of the keys or of the failure to return them to the Bank or of the necessity of providing new key(s), the deposit shall be forfeited by the Bank. A new key(s) key/keys may be issued to the Hirer(s) upon payment of the prescribed deposit and of such charges and expenses as the Bank may make in respect of any necessary alterations or replacements including the cost of new lock.
4.3 The Hirer(s) shall at all times during banking hours permit the Bank to have access to the vault Box for the purposes of examining its state and condition, to make any repairs or adjustments (if need be) but the Bank shall not be deemed to have any knowledge of any of the articles deposited and shall in no way be held responsible for any of the contents of the Box.
4.4 Any repair to or replacement of the lock to the Box or key will solely be carried out by the Bank and where the repair does not arise from reasonable wear and tear, such repair or replacement of the lock or key will be paid for by the Hirer(s).
Appears in 1 contract
Samples: Safe Deposit Box Terms & Conditions
KEYS AND LOCK. 4.1 Upon payment of the key deposit by the Hirer(s), the Hirer(s) will be given the use of two (2) keys to the Box. The keys will remain the property of the Bank and must be returned to the Bank on the termination of the hiring and no other key than that issued by the Bank may be used. No other person other than a duly authorised person (as defined in Clause 5.1) shall be permitted to use the keys.
4.2 Both the keys must be surrendered to the Bank in good condition upon the termination of the Agreement. When a key is lost, the Hirer(s) must notify the Bank without any delay via xxxx@xxxxxxxxxx.xxx or visit the domicile branchdelay. In the event of the loss of the keys or of the failure to return them to the Bank or of the necessity of providing new key(s), the deposit shall be forfeited by the Bank. A new key(s) may be issued to the Hirer(s) upon payment of the prescribed deposit and of such charges and expenses as the Bank may make in respect of any necessary alterations or replacements including the cost of new lock.
4.3 The Hirer(s) shall at all times during banking hours permit the Bank to have access to the vault Box for the purposes of examining its state and condition, to make any repairs or adjustments (if need be) but the Bank shall not be deemed to have any knowledge of any of the articles deposited and shall in no way be held responsible for any of the contents of the Box.
4.4 Any repair to or replacement of the lock to the Box or key will solely be carried out by the Bank and where the repair does not arise from reasonable wear and tear, such repair or replacement of the lock or key will be paid for by the Hirer(s).
Appears in 1 contract
Samples: Safe Deposit Box Agreement