Common use of Limited Access Clause in Contracts

Limited Access. The Credit Union may agree that in certain circumstances you may authorize one or more persons individually to operate your Account(s) by completing the required documentation. You must ensure that any authorized person operates each Account in a proper manner and you agree that the Credit Union owes neither you nor any other beneficiary of the Account any fiduciary obligation or standard of care.

Appears in 18 contracts

Sources: Standard Terms and Conditions for Business Accounts, Standard Terms and Conditions, Standard Terms and Conditions

Limited Access. The Credit Union may agree that in certain circumstances you may authorize one or more persons individually to operate your Account(s) Account by completing the required documentationrelevant sections of the Agreement. You must ensure that any authorized person operates each relevant Account in a proper manner and you agree that the Credit Union owes neither you nor any other beneficiary of the Account any fiduciary obligation or standard of care.

Appears in 2 contracts

Sources: Standard Terms and Conditions, Standard Terms and Conditions