Multiple Signatures. As a result of the powers granted to the Administrator in this Agreement, ATB Financial may receive and carry out transactions, authorizations and other Instructions through ATB Business in respect of the Services despite the fact that such Account requires two or more signatures to conduct transactions (for example, writing cheques or making withdrawals at a branch). This means that Instructions, approvals or other authorizations in respect of the Services may be received and acted upon by ATB Financial on the Instruction of one individual (an Authorized Contact or a Signing Officer) even though such Account requires two or more signatures and even though such Account may hold trust funds for transactions which occur outside the scope of this Agreement and any accompanying Service Schedule. As long as such Instruction conforms to the requirements set out in this Agreement or any Service Schedule, such Instruction will be deemed to be duly authorized by the Client.
Appears in 3 contracts
Samples: Business Solutions Agreement Single Administrator, Business Solutions Agreement Multiple Administrator, Business Solutions Agreement Single Administrator
Multiple Signatures. As a result of the powers granted to the Administrator in this Agreement, ATB Financial may receive and carry out transactions, authorizations and other Instructions through ATB Online Business in respect of the Services despite the fact that such Account requires two or more signatures to conduct transactions (for example, writing cheques or making withdrawals at a branch). This means that Instructions, approvals or other authorizations in respect of the Services may be received and acted upon by ATB Financial on the Instruction of one individual (an Authorized Contact or a Signing Officer) even though such Account requires two or more signatures and even though such Account may hold trust funds for transactions which occur outside the scope of this Agreement and any accompanying Service Schedule. As long as such Instruction conforms to the requirements set out in this Agreement or any Service Schedule, such Instruction will be deemed to be duly authorized by the Client.. 3.7
Appears in 1 contract
Samples: Treasury and Payments Solutions Agreement Single Administrator
Multiple Signatures. As a result of the powers granted to the Administrator in this Agreement, ATB Financial may receive and carry out transactions, authorizations and other Instructions through ATB Business in respect of the Services despite the fact that such Account requires two or more signatures to conduct transactions (for example, writing cheques or making withdrawals at a branch). This means that Instructions, approvals or other authorizations in respect of the Services may be received and acted upon by ATB Financial on the Instruction of one individual (an Authorized Contact or a Signing Officer) even though such Account requires two or more signatures and even though such Account may hold trust funds for transactions which occur outside the scope of this Agreement and any accompanying Service Schedule. As long as such Instruction conforms to the requirements set out in this Agreement or any Service Schedule, such Instruction will be deemed to be duly authorized by the Client.. 3.7
Appears in 1 contract
Samples: Atb Businesssolutions Agreement Single Administrator
