Common use of SIGNATURES AND ENDORSEMENTS Clause in Contracts

SIGNATURES AND ENDORSEMENTS.  In the event of falsification of the signature or signatures of the persons authorized to draw checks against the account or in the event of forgery of the seal or facsimile or Electronic Instruction referred to in clause 3 of the checking Account Regulation, THE BANK shall only be responsible if such signatures, stamps or facsimile or Electronic Instruction have been forged in a way that no special knowledge is required to notice it.  In the case of checks drawn against the account presented for collection with a chain of endorsements, the BANK shall only be obliged to identify the persons presenting the check and verify the formal regularity of the chain of endorsements, but not the signature of each one of endorsers.

SIGNATURES AND ENDORSEMENTS.  In the event of falsification of the signature or signatures of the persons authorized to draw checks against the account or in the event of forgery of the seal or facsimile or Electronic Instruction referred to in clause 3 of the checking Account Regulation, THE BANK shall only be responsible if such signatures, stamps or facsimile or Electronic Instruction have been forged in a way that no special knowledge is required to notice it.  • In the case of checks drawn against the account presented for collection with a chain of endorsements, the BANK shall only be obliged to identify the persons presenting the check and verify the formal regularity of the chain of endorsements, but not the signature of each one of endorsers.

SIGNATURES AND ENDORSEMENTS.  In the event of falsification of the signature or signatures of the persons authorized to draw write checks against the account or in the event case of forgery falsification of the seal or facsimile or Electronic Instruction referred to in clause 3 of the checking Current Account Regulation, THE BANK shall will only be responsible answer if such Such signatures, stamps or facsimile or Electronic Instruction would have been forged in a way so falsely falsified that no special knowledge is required to notice itrealize that fact.  In the case of checks drawn against the account presented for collection with a chain of endorsements, the BANK shall will only be obliged to identify the persons presenting the check presenter and verify the formal regularity of the chain of endorsements, but not the signature of each one of endorsers.