SUSPENSE ACCOUNT AND PROOF OF DEBT. (a) The Bank can place and keep any money received under this Assignment in a non-interest bearing suspense account for as long as the Bank thinks fit, without being obliged to use any part of it towards discharging any liability due or incurred by the Borrower and/or the Assignor.
Appears in 3 contracts
Samples: www.uob.com.my, Loan Agreement, www.uob.com.my
SUSPENSE ACCOUNT AND PROOF OF DEBT. (a) The Bank can place and keep any money received under this Assignment in a non-interest income bearing suspense account for as long as the Bank thinks fit, without being obliged to use any part of it towards discharging any liability due or incurred by the Borrower Customer and/or the Assignor.
Appears in 2 contracts
Samples: www.uob.com.my, www.uob.com.my
