Operation of Account. Each time an employee or agent of Yours with the express, implied, or apparent authority to do so (each an “Authorized User”) uses the Account to receive a postage meter reset or obtain other products or services that Neopost USA Inc. is authorized to provide, Neopost USA Inc. will notify Us of the amount to be applied to Your Account balance. If the Account is used to obtain postage, then We will transfer the requested amount of postage to the USPS on Your behalf and Your Account will be charged for the amount of postage requested and any related fees, if applicable. You can continue to pre-pay the USPS for postage and understand that pre-paid postage funds will be used first to pay for my postage meter resets. You further understand that NeoFunds/TotalFunds will provide additional available postage funds when Your pre-paid account balance is zero ($0). When You request a Postage Meter reset, if You have the funds on account with the USPS, those funds automatically will be withdrawn first to pay for postage, and any additional amounts due for postage and related fees will be billed through the NeoFunds/TotalFunds Account under the terms and conditions of this Account Agreement. If the Account is used to acquire products or services that Neopost USA is authorized to provide, then We shall pay the applicable
Operation of Account. Each time an employee or agent of Yours with the express, implied, or apparent authority to do so (each an “Authorized User”) requests a Postage Meter reset from Neopost USA Inc., Neopost USA Inc. will notify Us of the amount requested. We will transfer the requested amount to the USPS on Your behalf and Your Account will be charged for the amount of postage requested and any related fees, if applicable. There is no minimum or maximum reset amount so long as You do not exceed Your Account Limit (as defined below), and there is no limit on the number of resets that You may request in any month.
Operation of Account. Each time an employee or agent of Yours with the express, implied, or apparent authority to do so (each an “Authorized User”) requests a postage meter reset from Neopost USA Inc. using the neoFunds/TotalFunds account, Neopost USA Inc. will notify Us of the amount requested. We will transfer the requested amount to the USPS on Your behalf and Your Account will be charged for the amount of postage requested and any related fees, if applicable. You can continue to pre-pay the USPS for postage and understand that pre-paid postage funds will be used first to pay for my postage meter resets. You further understand that neoFunds/TotalFunds will provide additional available postage funds when Your pre-paid account balance is zero ($0). When You request a postage meter reset, if You have the funds on account with the USPS, those funds automatically will be withdrawn first to pay for postage, and any additional amounts due for postage and related fees will be billed through the neoFunds/TotalFunds Account under the terms and conditions of this Account Agreement. At Our discretion, We may allow You to use the neoFunds/TotalFunds account to pay for office supplies, and other products and services payable by You to Neopost USA. Such charges and applicable fees, if any, are subject to the terms of this Account Agreement.
Operation of Account. Each time an employee or agent of Yours with the express, implied, or apparent authority to do so (each an “Authorized User”) uses the Account to receive a postage meter reset or obtain other products or services that Neopost USA Inc. is authorized to provide, Neopost USA Inc. will notify Us of the amount to be applied to Your Account balance. If the Account is used to obtain postage, then We will transfer the requested amount of postage to the USPS on Your behalf and Your Account will be charged for the amount of postage requested and any related fees, if applicable. You can continue to pre-pay the USPS for postage and understand that pre-paid postage funds will be used first to pay for my postage meter resets. You further understand that NeoFunds/TotalFunds will provide additional available postage funds when Your pre-paid
Operation of Account. Each time an employee or agent of Yours with the express, implied, or apparent authority to do so (each an
Operation of Account a) In consideration of Bank keeping in its books an account opened by the undersigned and negotiating for or taking on deposit or for discount or for collection or as collateral security or otherwise from the undersigned, bills of exchange, cheques, promissory notes, bank and express money orders or other orders for the payment of money, coupons, or other instruments or securities whether or not the undersigned is a party thereto (the whole hereinafter referred to as “instruments” which shall be deemed to include instruments drawn on any branch of the Bank) the undersigned hereby agrees with the Bank as follows:
(i) That presentation, notice of dishonour, protest and notice of all instruments is hereby waived unless the Bank receives at or prior to maturity special written instructions to the contrary from the undersigned in respect of any specified instrument or instruments, and that, subject to any such special written instructions, the undersigned shall be responsible and liable to the Bank on all instruments in the same manner and to the same extent as if the instruments had been duly presented and protested and notice of dishonour and notice of protest given as regards all parties thereto as required by any law applicable thereto, and that any person (other than a member of the Bank’s staff) employed by the Bank to carry out any such special written instructions shall be deemed to be the agent of the undersigned.
(ii) That the Bank is authorised to present for payment or acceptance or collect the instruments through such banks or other agents as the Bank may deem best, at the sole risk and expense of the undersigned, and, save to the extent that definite instructions have been received by the Bank from the undersigned, to give to such banks or other agents such instructions as to collection as the Bank may deem best, and that the Bank may accept either cash or bank drafts, cheques, settlement vouchers, clearing house slips or any other evidence of payment, in payment of the instruments or in remittance thereof.
(iii) That the undersigned will indemnify the Bank against all claims made against the Bank and/or liability incurred by the Bank under any law having effect within the jurisdiction where any of the instruments are or may be payable, including, but without limiting the generality of the foregoing, any claim and/or liability which may arise by reason of the endorsement of the Bank or any branch or agency thereof.
(iv) That the Bank is authorised...
Operation of Account. 4.1. All instructions to the Bank must be in writing with the original Thumbprint/Biometric or signature of the account holder or the authorized in the same style as given in the specimen Thumbprint/Biometric or signature provided to the Bank. In case customer withdraw cash or transfer by using automatic fingerprint machine under limitation amount is not require to do signature or thumbprint on withdrawal or transfer voucher any more. It is not the Bank’s policy to accept photocopies or instructions by phone, fax, telex or e-mail unless the customer has made separate arrangements in writing with the Bank. Ambiguous or conflicting statements obtained from customers will not be undertaken until the instructions have been properly clarified.
4.2. The customer will be bound by any arrangements agreed with the Bank for the issue of checks or the operation of accounts including arrangements for the joint signature, multiple signatures, maximum or minimum amounts or any other arrangements.
4.3. All cash transactions such as transfer in, deposit, or other transactions that have different currencies from the original currency of the customer account at ACLEDA Bank, the Bank will automatically convert those currencies to be the same as original currency of the customer account in accordance with the prevailing exchange rate of ACLEDA Bank.
4.4. The Bank shall have the rights, at its sole discretion, to pay to accountholder any amount to be withdrawn from the Foreign Currency (other than the United State dollar) Account by any or the combination of the two following methods: By cash payment in United State dollars or Khmer Xxxx, converted from the equivalent of the relevant foreign currency at the Bank’s then prevailing rate of exchange, and/or By cash payment in the same foreign currency of account. Through this option, the Bank's Commission in lieu of Foreign Exchange may apply.
4.5. As securities trading transactions, trading account holder is required to deposit at least 100% of total securities value for placing purchasing order plus trading fee (Trading Account Balance ≥ 100% of Total Securities Value " Securities Price * Number of Shares Purchased " Plus Trading Fee). Cash settlement from securities firm's settlement account to settlement account of CSX shall be made after ACLEDA Bank Plc. received settlement instruction document and/or Electronic Payment Order from CSX's system automatically, not by direct order from securities firm's account holder, exce...
Operation of Account. 4.1 In the event that the following conditions are not fully satisfied on or before 4th February 2016:
(a) the full amounts referred to in Clause 2.1 having been deposited in the Escrow Account; and
(b) InfraStrata is, as far as its is aware, in receipt of all the necessary permits, consents or authorisations which are required for the commencement of drilling operations for the Well; and
(c) InfraStrata obtaining permission from the requisite governmental authority(ies) to commence and/or complete drilling the Well after 4th March 2016; and
(d) an order having been placed by InfraStrata for the long-lead items for drilling the Well; and
(e) a contract having been executed by InfraStrata for the construction of the Well site, such site to begin construction no later than 24th February 2016, then, the JV Parties agree to issue a joint instruction notice under this Clause 4 to instruct the Escrow Agent to:
(i) (where the condition referred to in Clause 4.1(a) has not been satisfied) to return all deposited funds to the parties depositing the same in the amount deposited by each party under Clause 2.1 and as set out in the table in Schedule 3 (column “Payable Into the Escrow Account”): or
(ii) (where the condition referred to in Clause 4.1(a) has been satisfied but any of the other conditions have not been satisfied) to return to the JV Parties the sum which each paid into the Escrow Account (table in Schedule 3 - column “Payable into the Escrow Account”), less:
(A) all irrecoverable expenses (other than administrative costs) incurred or irrevocably committed by InfraStrata in endeavouring to fulfil the above conditions (a) to (e) inclusive acting as a reasonable and prudent operator; and
(B) the fixed escrow fee referred to in Clause 6.1 with each JV Party bearing a proportion of such expenses and fee equal to the percentage set opposite its name in the table in Schedule 3 (column ““Paying of Well %”) and InfraStrata receiving its share of funds via the operation of Clause 4.2(a)(ii). For the avoidance of doubt the Escrow Agent:
(A) shall not make any payment out of the Escrow Account for the purposes of this Clause 4.1 unless it has received a joint instruction notice given for the purposes of this Clause 4.1; and
(B) shall not be required to assess whether such notice complies with the provisions of this Clause 4.1.
4.2 To the extent that the Escrow Agent believes in good faith that it is lawful to do so, the Escrow Agent shall apply the amounts standing t...
Operation of Account. “IN TRUST”
17.1 We are not required to recognize any person other than the Account holder as having any interest in the Account. If we agree to open the Account in your name “in trust” or “as nominee” or using some similar designation, whether or not for a named third party, we will accept cheques, payment orders and other instructions relating to the Account from the Account holder only and will not be required to obtain any consent from or see to the execution of any trust for any person, unless we otherwise expressly agree in writing.
17.2 If however we agree to open an Account “in trust” for a beneficiary, you undertake to operate such Account solely for the benefit of the beneficiary, and we have no obligation to monitor this. You agree to indemnify us against any loss or liability in respect of your operation of the Account, including any closing of the Account, and any dispute between the beneficiary and yourself and/or any of your personal representatives.
17.3 If the Account is held in the name of 2 trustees, deposits shall be withdrawn and instructions given only by the trustees acting jointly.
17.4 If the beneficiary dies, we may close the Account and at our discretion (a) open a new in-Trust Account, which will be operated by you as trustee for the benefit of the deceased beneficiary’s estate or (b) pay you as trustee the balance standing to the credit of the Account together with any interest payable thereon and such payment shall be treated as a full discharge of the Bank’s obligation under the Account.
17.5 Upon the death of the trustee, we may do any of the following:
(a) if the Account has more than one trustee, we are authorized to hold any credit balance in the Account to the order of the surviving trustee: or
(b) if the Account has no surviving trustee:
(i) if the beneficiary is a company or a corporation, or if the beneficiary (being an individual) is 18 years old, or older, we will close the Account and release the money in such Account to the beneficiary; or
(ii) if the beneficiary (being an individual) is below 18 years old, we will close the Account, release the money in such Account to your personal representatives by way of a cheque, cashier’s order or swift transfer issued in favour of your personal representatives to be held in trust for the beneficiary. Before we agree to take any of the actions referred to in this clause 17.5, we may require your personal representatives to produce certain documents (including the death certi...
Operation of Account. Any debit from or credit to the Account shall be made by the Electronic Payments Account Bank in accordance with its usual practice, this Agreement, and the relevant Account Mandate and, in the case of credits made in anticipation of the receipt of funds, subject to receipt of such immediately available funds. In the event that such funds are not received or payment is reversed, the Electronic Payments Account Bank may debit the Account with an amount representing (a) funds which are not actually received for value at such later date or (b) the reversed payment.
