Common use of USE OF THE SERVICES OF THIRD PARTIES Clause in Contracts

USE OF THE SERVICES OF THIRD PARTIES. The Bank shall be entitled to use the services of third parties in executing orders of the Customer and in performing other agreements with the Customer and also to place goods and/or documents of title of the Customer in the custody of third parties in the name of the Bank. The Bank shall exercise due care in selecting such third parties. The Bank shall not be liable for shortcomings of such third parties, if it can prove that it exercised due care in selecting