Common use of Account Rules Clause in Contracts

Account Rules. The Accounts are subject to: (a) Bank’s right to place holds for uncollected funds pursuant to Federal Reserve Regulation CC; (b) Bank’s account and applicable service agreements, disclosures, other deposit account documentation; and (c) Bank’s customary procedures and practices in connection therewith (all of the foregoing collectively, the “Account Rules”) as may be in effect from time to time. In the event of a conflict between the terms of this Agreement and the Account Rules, the terms of this Agreement shall prevail.

Appears in 1 contract

Sources: Securities Purchase Agreement (Rock Creek Pharmaceuticals, Inc.)

Account Rules. The Accounts are subject to: (ai) Bank’s right to place holds for uncollected funds pursuant to Federal Reserve Regulation CC; , (bii) Bank’s account and applicable service agreements, disclosures, other deposit account documentation; documentation and (ciii) Bank’s customary procedures and practices in connection therewith (all of the foregoing collectively, the “Account Rules”) as may be in effect from time to time. In the event of a conflict between the terms of this Agreement and the Account Rules, the terms of this Agreement shall prevail.

Appears in 1 contract

Sources: Credit Agreement (Armstrong Coal Company, Inc.)