Night Depository Service Sample Clauses

Night Depository Service. The night depository service is provided by the Credit Union as a convenience. You agree that the Credit Union shall not be required to carry insurance on the depository or the contents of any bag deposited therein, nor shall the Credit Union be responsible for any loss of any bag or its contents or any part thereof, except for such losses directly resulting from the gross negligence and/or willful misconduct of the Credit Union and the Credit Union’s officers or agents.

Night Depository Service. Northwest offers night depository services at some of its locations for the convenience of Northwest customers wishing to deposit funds into a Northwest Account. Placing funds in the provided night depository indicates your desire that Northwest open the bag or container and process deposits of the permissible items contained therein. You hereby give Northwest the authority to open the container and process any deposits found therein. Any deposit slip or other inventory provided by you is not conclusive as to the contents of the container until verified by Northwest. If a discrepancy is found by Northwest, a reasonable effort will be made to contact you. In the event of any disagreement as to the discrepancy the inventory as provided by Northwest shall control.

Night Depository Service. Night depository service is provided as a convenience for You. The Bank is not an insurer of, nor is it required to maintain insurance on, the night depository or its contents. When using the night depository, You should be aware of Your surroundings and exercise appropriate caution, especially at night. The records of the Bank indicating receipt or non-receipt of a bag in the night depository shall be binding on both of Us. By receiving a key to the night depository, or by placing a bag or other container (including without limitation any locking zipper bag, non-locking zipper bag, envelope, or disposable bag) into the Bank night depository, You assume all risks until Your Items are processed. You also agree to the following:

Night Depository Service. 1. Deposits of currency, cheques or other negotiable instruments shall be placed in properly sealed Disposable Bags together with deposit slips prepared by the Member, in the form approved by the Credit Union. The disposable bag shall be placed in designated night depository slots at a branch of the Credit Union. 2. The Member agrees to be responsible for ensuring that the disposable bag falls into the chute clear of the slot and agrees to remove the deposit key or access code (if used) immediately after placing the disposable bag in the slot. 3. A supply of disposable bags and a deposit key or access code can be obtained from a Credit Union branch at any time for the fee established by The Credit Union. 4. The Member acknowledges responsibility for securing and sealing the disposable bag and any loss resulting from their failure to secure or seal the disposable bag is their responsibility. 5. The Member acknowledges that until the point when the authorized officers of the Credit Union or the designated third-party service providers, as applicable, remove the disposable bag from the night depository, the disposable bag and contents shall be at the Member’s sole risk without liability on the part of the Credit Union for safekeeping or otherwise, and no deposit to any account designated on the deposit slip shall be credited to that account or deemed to have been made until presentment for deposit is made in accordance with this Agreement. The Member hereby authorizes any two employees of the Credit Union or the designated third-party service providers, as the Member’s agents, to remove and open the disposable bag, list the contents of the disposable bag, and present the deposit together with the deposit slip for credit to the account designated on the deposit slip. The Member agrees that only after such presentation shall the account be credited with a deposit. 6. The Credit Union records regarding the disposable bag's contents shall be conclusive and binding on the Member. If the records of the Credit Union differ from the record on the deposit slip, the records of the Credit Union shall be binding. 7. The Member acknowledges that the Credit Union may add, delete, change, vary, interrupt, or discontinue night depository Service without liability for any loss the Member may suffer as a result.