Common use of Conflicting Demands/Disputes Clause in Contracts

Conflicting Demands/Disputes. If there is any uncertainty regarding the ownership of an account or its funds, or if a dispute arises over control of or access to your account, or if we are unable to determine any person’s authority to give us instructions, or if we believe a transaction may be fraudulent or in violation of law, or if we receive conflicting instructions from you (including any owner, joint account owner, contracting officer and/or other authorized signer on your account), or in the case of a corporate or partnership or association/LLC account, conflicting board resolutions or partnership authorizations or member instructions or similar conflicting demands, or if we are required to do so by any government agency, we may require, but are not obligated to require, the signatures of all account owners and authorized signers on items, withdrawals, or other transactions. We may also, but are not obligated to, “freeze” the account until we get evidence satisfactory to us that either the dispute is resolved or there is general agreement on payment of or access to the funds in the account. Without limiting the foregoing, you also authorize us to do one or more of the following:

Appears in 2 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement

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Conflicting Demands/Disputes. If there is any uncertainty regarding the ownership of an account or its funds, or if a dispute arises over control of or access to your account, or if we are unable to determine any person’s authority to give us instructions, or if we believe a transaction may be fraudulent or in violation of law, or if we receive conflicting instructions from you (including any owner, joint account owner, contracting officer and/or other authorized signer on your account), or in the case of a corporate or partnership or association/LLC account, conflicting board resolutions or partnership authorizations or member instructions or similar conflicting demands, or if we are required to do so by any government agency, we may require, but are not obligated to require, the signatures of all account owners and authorized signers on items, withdrawals, or other transactions. We may also, but are not obligated to, “freeze” the account until we get evidence satisfactory to us that either the dispute is resolved or there is general agreement on payment of or access to the funds in the accountaccount . Without limiting the foregoing, you also authorize us to do one or more of the following:

Appears in 1 contract

Samples: Deposit Account Agreement

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Conflicting Demands/Disputes. If there is any uncertainty regarding the ownership of an account or its funds, or if a dispute arises over control of or access to your account, or if we are unable to determine any person’s authority to give us instructions, or if we believe a transaction may be fraudulent or in violation of law, or if we receive conflicting instructions from you (including any owner, joint account owner, contracting officer and/or other authorized signer on your account), or in the case of a corporate or partnership or association/LLC account, conflicting board resolutions or partnership authorizations or member instructions or similar conflicting demands, or if we are required to do so by any government agency, we may require, but are not obligated to require, the signatures of all account owners and authorized signers on items, withdrawals, or other transactions. We may also, but are not obligated to, “freeze” the account until we get evidence satisfactory to us that either the dispute is resolved or there is general agreement on payment of or access to the funds in the account. Without limiting the foregoing, you also authorize us to do one or more of the following:

Appears in 1 contract

Samples: Deposit Account Agreement

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