Common use of Liability of the Bank Clause in Contracts

Liability of the Bank. 7.13.1 The bank shall not: 7.13.1.1 be obliged to ensure that any interest, dividend, security, right, policy of life assurance, money or other intangible moveable property hereafter being or capable of being derived from or created or issued in substitution for any of the Collateral is received whether punctually or at all or to ensure the taking up of any offer in connection therewith; 7.13.1. 2 be obliged to forward to the Customer any circulars, notices or other information received in connection with the Collateral;