Common use of Multiple Signers Clause in Contracts

Multiple Signers. If the Bank establishes an account for you and you want to require two or more signatures or other special signing provisions on any item drawn on the account, you acknowledge that such provision is solely for your personal or internal control purposes. Such special signing provision is not binding on the Bank unless an authorized officer of the Bank has specifically approved such requirement in a supplemental written agreement with you. The mere acceptance by Bank of a signature card, resolution or other authorization document of yours containing such a requirement, standing alone, is not sufficient to bind the Bank to such a requirement, unless a law (such as a law governing fiduciaries) or a court order of which we have actual knowledge were to require otherwise. You agree that we will not be liable for paying an item that is lacking your required number of signatures if the item bears at least one authorized signature.

Multiple Signers. If the Bank establishes an account for you and you want to require two or more signatures or other special signing provisions on any item drawn on the account, you acknowledge that such provision is solely for your personal or internal control purposes. Such special signing provision is not binding on the Bank unless an authorized officer of the Bank has specifically specifically approved such requirement in a supplemental written agreement with you. The mere acceptance by Bank of a signature card, resolution or other authorization document of yours containing such a requirement, standing alone, is not sufficient to bind the Bank to such a requirement, unless a law (such as a law governing fiduciariesfiduciaries) or a court order of which we have actual knowledge were to require otherwise. You agree that we will not be liable for paying an item that is lacking your required number of signatures if the item bears at least one authorized signature.

Multiple Signers. If the Bank establishes an account for you and you want that purports to require two or more signatures or other special signing provisions on any item drawn on the account, you acknowledge that such a provision is solely for your personal or internal control purposes. Such special signing The provision is not binding on the Bank unless an authorized officer of the Bank has specifically approved such requirement requirement, either in a supplemental the place provided on the signature card, or in another written agreement with youagreement. The mere acceptance by Bank of a signature card, resolution or other authorization document of yours containing such a requirement, standing alone, is not sufficient to bind the Bank to such a requirement, unless a law (such as a law governing fiduciaries) or a court order of which we have actual knowledge were to require requires otherwise. You agree that we will not be liable for paying an item that is lacking your required number of signatures signatures, if the item bears at least one authorized signature.