Unpaid Financial Instruments. the amount of any Financial Instrument we cash or negotiate for you or is credited to your account whether by means of deposits you make or by payments received for you through electronic or other means, • for which we do not receive payment on a final irrevocable basis, or is reversed, in whole or in part, for any reason, • whether or not such Financial Instrument was drawn on another account with us, • whether or not such non-payment or reversal complies with the Rules of the Canadian Payments Association or other clearing organization.
Appears in 3 contracts
Samples: Standby Bank Account Agreement, Standby Bank Account Agreement, Standby Bank Account Agreement
Unpaid Financial Instruments. the amount of any Financial Instrument we cash or negotiate for you or is credited to your account whether by means of deposits you make or by payments received for you through electronic or other means, • · for which we do not receive payment on a final irrevocable basis, or is reversed, in whole or in part, for any reason, • · whether or not such Financial Instrument was drawn on another account with us, • · whether or not such non-payment or reversal complies with the Rules of the Canadian Payments Association or other clearing organization.
Appears in 1 contract
Samples: Standby Bank Account Agreement (RBC Covered Bond Guarantor Limited Partnership)
