With the Bank Sample Clauses
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With the Bank. (a) For each Transaction where the Bonds is custodised with the Bank, the Bank shall send to you a Confirmation letter, which shall be conclusive evidence of the terms agreed by you with the Bank, in respect of such Transaction.
(b) You may, from time to time, instruct the Bank to accept delivery of Bonds into the Custody Account maintained with the Bank in respect of your purchases from other financial institutions; or to make delivery of Bonds from such Custody Account in respect of your sale of Bonds. Where the Bank is a custodian of your Bonds and holds sufficient Bonds to effect delivery of Bonds purchased by the Bank from you, payment shall be made by the Bank one (1) day after the settlement date or such other date as may be permitted after the transfer of Bonds has been made by the Bank from your Custody Account with the Bank and the Bank shall have the right to make such transfer of Bonds from your Custody Account with the Bank.
(c) A statement of your Custody Account with the Bank, generated by the Bank’s computer will be sent to you by ordinary mail on a monthly basis or such other periodic basis, as determined in the sole and absolute discretion of the Bank, unless you have in writing instructed the Bank that the statement will be collected in which case the instruction will take effect as soon as the Bank may reasonably comply. The Bank’s records of the Transactions effected through your Custody Account shall be binding and conclusive evidence of such Transactions carried out by you
(d) The Bank, as custodian of the Bonds kept or maintained by your Custody Account, shall not be liable for any loss or damage suffered by you by reasons of or in connection with any errors or delays in accepting, performing or executing any instructions, or in holding, receiving or delivering the Bonds, unless the same is caused solely by the Bank’s wilful default or gross negligence.
(e) The Bank shall, unless and until otherwise expressly and specifically instructed by you to the contrary, collect or receive the principal amount, interest/profit, coupon/periodic distribution, Bonds sale proceeds and any other payment in respect of the Bonds and credit the same to your MCCA. The term “coupon/periodic distribution” when used herein shall also mean interest/profit, dividends and such other interim payment to be made by the Issuer in connection with the Bonds.
With the Bank. If you have a dispute with us regarding any matter affecting your Account or your use of a Card or Service, you will bring it to the attention of your branch. During the process of resolving a dispute concerning a Card, you will not be unreasonably restricted from the use of the funds that are the subject of the dispute. You shall not initiate any proceedings relating to any dispute arising from this Agreement, or use of your Accounts or Services until after you provide us with written notice of the nature of the dispute and allow us 30 days, or such other reasonable time given the nature or complexity of the dispute, from the delivery of such notice to us to resolve the dispute to your satisfaction, and any proceeding commenced in contravention hereof shall be a nullity.