Common use of Limitation of Institution Liability Clause in Contracts

Limitation of Institution Liability. FSB and its Service Providers will be deemed to have exercised all due care and to have acted reasonably if we act in accordance with the terms of this Agreement and will be liable for loss sustained by you only to the extent such loss is caused by our misconduct. FSB and its Service Providers will have no liability for any loss or damage: a. Related to the dishonesty of the Business Customer’s employees, officers, agents or Sub-User Administrator; b. Resulting from any receiving financial institution’s failure to accept any payment or funds transfer request; c. Resulting from any delay in the performance of this Agreement, which is caused by an act of God, fire or other casualty, electrical or computer failure, delays or fai26 x. xxxx to act by any carrier, medium or agent operating between FSB and third parties, or any other condition outside of our control.

Limitation of Institution Liability. FSB and its Service Providers will be deemed to have exercised all due care and to have acted reasonably if we act in accordance with the terms of this Agreement and will be liable for loss sustained by you only to the extent such loss is caused by our misconduct. FSB and its Service Providers will have no liability for any loss or damage: a. Related to the dishonesty of the Business Customer’s employees, officers, agents or Sub-User Administrator; b. Resulting from any receiving financial institution’s failure to accept any payment or funds transfer request; c. Resulting from any delay in the performance of this Agreement, which is caused by an act of God, fire or other casualty, electrical or computer failure, delays or fai26 x. xxxx failure to act by any carrier, medium or agent operating between FSB and third parties, or any other condition outside of our control.

Limitation of Institution Liability. ‌ FSB and its Service Providers will be deemed to have exercised all due care and to have acted reasonably if we act in accordance with the terms of this Agreement and will be liable for loss sustained by you only to the extent such loss is caused by our misconduct. FSB and its Service Providers will have no liability for any loss or damage: a. Related to the dishonesty of the Business Customer’s employees, officers, agents or Sub-User Administrator; b. Resulting from any receiving financial institution’s failure to accept any payment or funds transfer request; c. Resulting from any delay in the performance of this Agreement, which is caused by an act of God, fire or other casualty, electrical or computer failure, delays or fai26failure x. xxxx d. lure to act by any carrier, medium or agent operating between FSB and third parties, or any other condition outside of our control.