Common use of Our Standard of Care Clause in Contracts

Our Standard of Care. We are obligated to exercise ordinary care as specified by applicable law. Such obligation shall be measured by the reasonableness of banking procedures established for the Transaction involved and general banking usage in the local area served by us; clerical error, inadvertence or oversight, or an honest mistake of judgment shall not constitute a failure to exercise ordinary care. Our policies and procedures are for our own internal purposes only. They may not be taken into account for purposes of evaluating whether we have exercised ordinary care.

Appears in 4 contracts

Samples: Commercial Deposit Agreement, Commercial Deposit Agreement, Commercial Deposit Agreement

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Our Standard of Care. We are obligated have certain obligations to exercise ordinary care as specified by you under applicable law. Such In addition, we agree to use ordinary care in performing Services. That obligation shall be measured by the reasonableness of banking procedures established for the Transaction transaction involved and general banking usage in the local area served by us; clerical . Clerical error, inadvertence or oversight, or an honest mistake of judgment shall not constitute a failure to exercise ordinary care. Our policies and procedures are for our own internal purposes only. They may not be taken into account for purposes of evaluating whether we have exercised ordinary care.

Appears in 2 contracts

Samples: Business Banking Services Master Agreement, Business Banking Services Master Agreement

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Our Standard of Care. We are obligated have certain obligations to exercise ordinary care as specified by you under applicable law. Such In addition, we agree to use ordinary care in performing Services. That obligation shall be measured by the reasonableness of banking procedures established for the Transaction transaction involved and general banking usage in the local area served by us; clerical . Clerical error, inadvertence or oversight, or an honest mistake of judgment shall not constitute a failure to exercise ordinary care. Our policies and procedures are for our own internal purposes only. They may not be taken into account for purposes of evaluating whether we have exercised ordinary care.care.‌

Appears in 1 contract

Samples: Business Banking Services Master Agreement

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