Common use of Liability for irregularities Clause in Contracts

Liability for irregularities. (1) The Bank shall not be responsible for any damages resulting from forgery, counterfeiting or other irregularities in situations where it has examined a signature appearing on bills, notes, cheques or other documents submitted to it with reasonable care and found the same to be identical to the specimen signature previously filed with it.

Liability for irregularities. (1) The Bank shall not be responsible for any damages resulting from forgery, counterfeiting or other irregularities in situations where it has examined a signature appearing on bills, notes, cheques Payment Instruments or other documents submitted to it with reasonable care and found the same to be identical to the specimen signature previously filed with it.