Common use of Hold Mail Clause in Contracts

Hold Mail. You may specifically request this service on your Account Application or such other application or form made available by Helm. In such an event, ▇▇▇▇ will retain and not forward Mail (as hereinafter defined) to you. Except as otherwise required by law, ▇▇▇▇ is hereby expressly authorized and directed to hold and retain at the Helm, all mail, correspondence, notices, legal process, statements of Account, checks, items, debit and credit memos, and any other written documents (collectively, the “Mail”) which Helm, from time to time, may produce and/or receive in connection with, or which Helm may be obligated or wish to deliver to Customer with regard to, an Account and any loans, deposits, letters of credit or other transactions that Customer may have with Helm. Notwithstanding the foregoing, Helm shall have the right, at its sole discretion, should it deem it necessary or advisable in order to create, protect, maintain and/or assert any rights of Helm with regard to Customer, the Account(s) or any transactions of Customer with Helm, or for any other reason, to send and/or deliver any Mail to you at your last known address. Except as otherwise required by law, Helm shall have no obligation whatsoever to notify you about the existence of any Mail held by Helm hereunder or about any Mail sent or delivered by Helm to you. Customer shall regularly arrange to examine any Mail held by ▇▇▇▇ hereunder by personally (or by proxy) retrieving such Mail at the Helm Office and/or by delivering written instructions to the Helm Office (in form and substance satisfactory to Helm) designating the manner of delivery of the Mail to Customer. For avoidance of doubt, the Helm is authorized to provide your Mail to any Authorized Person for your Account(s) or other individual designated by you in your Account Application or such other application or form made available by Helm seeking to retrieve your Mail in person. Helm shall hold the Mail for a period of one (1) year after same is ready for mailing or forwarding. At the retention of Mail for one (1) year without pick up by Customer, such Mail will be destroyed. Either party may discontinue the Hold Mail arrangement at any time by giving written notice to the other of such discontinuance, provided however, that ▇▇▇▇ may continue to rely upon the terms here in until ▇▇▇▇ has had a reasonable opportunity to act on the notice of discontinuance. Customer agrees that Helm shall charge, and the Customer shall pay Helm promptly, any fees as Helm may charge from time to time for hold- mail services. Such fees shall be made set forth in the Helm’s Products, Services & Fee Schedule available at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ and may be changed from time to time without prior notice to the Customer.