Common use of Night Depository Clause in Contracts

Night Depository. If ATB Financial allows you to use the night depository at the branch at which you opened the Account (“Depository”), you agree with ATB Financial as follows: (a) Only Canadian and/or U.S. currency, cheques, money orders, bank drafts and other orders for the payment of shall be placed in the depository. These items shall be sealed in a tamper proof disposable plastic bag supplied by ATB Financial, and the door of the Depository shall be closed and locked. You acknowledge receipt from ATB Financial of a key to the outside door of the Depository, which shall remain the property of ATB Financial. You shall immediately notify ATB Financial of any loss of the key to the outside door of the Depository and you are responsible for all costs of a new lock(s) and key(s) if ATB Financial chooses, at its sole discretion, to replace them. (b) You will be responsible for the purchase of tamper proof bags from ATB Financial, at a price set by ATB Financial, from time to time. (c) When the Depository is used for deposit(s) and/or ▇▇▇▇ payment(s), the original completed ATB Financial deposit form(s) and/or original remittance portion(s) along with cheque(s) payable from the Account, shall be securely enclosed in the bag. ATB Financial shall open the bag, remove the contents, and deal with those contents in accordance with its usual business practices. Until the contents have been dealt with by ATB Financial, the contents are considered as not processed through the Account. (d) Upon termination of this Agreement you shall deliver any/all keys supplied by ATB Financial. If same are not returned or have been subject to more than normal wear and tear, you are liable for the item(s) and all costs associated with repairing or replacing those items.

Appears in 3 contracts

Sources: Account Agreement, Account Agreement, Account Agreement

Night Depository. If ATB Financial allows you to use the night depository at the branch at which you opened the Account (“Depository”), you agree with ATB Financial as follows: (a) a. Only Canadian and/or U.S. currency, cheques, money orders, bank drafts and other orders for the payment of shall be placed in the depository. These items shall be sealed in a tamper proof disposable plastic bag supplied by ATB Financial, and the door of the Depository shall be closed and locked. You acknowledge receipt from ATB Financial of a key to the outside door of the Depository, which shall remain the property of ATB Financial. You shall immediately notify ATB Financial of any loss of the key to the outside door of the Depository and you are responsible for all costs of a new lock(s) and key(s) if ATB Financial chooses, at its sole discretion, to replace them. (b) b. You will be responsible for the purchase of tamper proof bags from ATB Financial, at a price set by ATB Financial, from time to time. (c) c. When the Depository is used for deposit(s) and/or ▇▇▇▇ payment(s), the original completed ATB Financial deposit form(s) and/or original remittance portion(s) along with cheque(s) payable from the Account, shall be securely enclosed in the bag. ATB Financial shall open the bag, remove the contents, and deal with those contents in accordance with its usual business practices. Until the contents have been dealt with by ATB Financial, the contents are considered as not processed through the Account. (d) d. Upon termination of this Agreement you shall deliver any/any/ all keys supplied by ATB Financial. If same are not returned or have been subject to more than normal wear and tear, you are liable for the item(s) and all costs associated with repairing or replacing those items.

Appears in 1 contract

Sources: Account Agreement

Night Depository. If ATB Financial allows you to use the night depository at the branch at which you opened the Account (“Depository”), you agree with ATB Financial as follows: (a) a. Only Canadian and/or U.S. currency, cheques, money orders, bank drafts and other orders for the payment of shall be placed in the depository. These items shall be sealed in a tamper proof disposable plastic bag supplied by ATB Financial, and the door of the Depository shall be closed and locked. You acknowledge receipt from ATB Financial of a key to the outside door of the Depository, which shall remain the property of ATB Financial. You shall immediately notify ATB Financial of any loss of the key to the outside door of the Depository and you are responsible for all costs of a new lock(s) and key(s) if ATB Financial chooses, at its sole discretion, to replace them. (b) b. You will be responsible for the purchase of tamper proof bags from ATB Financial, at a price set by ATB Financial, from time to time. (c) c. When the Depository is used for deposit(s) and/or ▇▇▇▇ bill payment(s), the original completed ATB Financial deposit form(s) and/or original remittance portion(s) along with cheque(s) payable from the Account, shall be securely enclosed in the bag. ATB Financial shall open the bag, remove the contents, and deal with those contents in accordance with its usual business practices. Until the contents have been dealt with by ATB Financial, the contents are considered as not processed through the Account. (d) d. Upon termination of this Agreement you shall deliver any/any/ all keys supplied by ATB Financial. If same are not returned or have been subject to more than normal wear and tear, you are liable for the item(s) and all costs associated with repairing or replacing those items.

Appears in 1 contract

Sources: Account Agreement

Night Depository. If ATB Financial allows you to use the night depository at the branch at which you opened the Account (“Depository”), ) you agree with ATB Financial as follows: (a) Only Canadian and/or U.S. currency, cheques, money orders, bank drafts and other orders for the payment of shall be placed in the depository. These items shall be sealed in a tamper proof disposable plastic bag supplied by ATB Financial, and the door of the Depository shall be closed and locked. You acknowledge receipt from ATB Financial of a key to the outside door of the Depository, which shall remain the property of ATB Financial. You shall immediately notify ATB Financial of any loss of the key to the outside door of the Depository and you are responsible for all costs of a new lock(s) and key(s) if ATB Financial chooses, at its sole discretion, to replace them. (b) You will be responsible for the purchase of tamper proof bags from ATB Financial, at a price set by ATB Financial, from time to time. (c) When the Depository is used for deposit(s) and/or ▇▇▇▇ bill payment(s), the original completed ATB Financial deposit form(s) and/or original remittance portion(s) along with cheque(s) payable from the Account, shall be securely enclosed in the bag. ATB Financial shall open the bag, remove the contents, and deal with those contents in accordance with its usual business practices. Until the contents have been dealt with by ATB Financial, the contents are considered as not processed through the Account. (d) Upon termination of this Agreement you shall deliver any/all keys supplied by ATB Financial. If same are not returned or have been subject to more than normal wear and tear, you are liable for the item(s) and all costs associated with repairing or replacing those items.

Appears in 1 contract

Sources: Account Agreement

Night Depository. If ATB Financial allows you to use the night depository at the branch at which you opened the Account (“Depository”), you agree with ATB Financial as follows: (a) Only Canadian and/or U.S. currency, cheques, money orders, bank drafts and other orders for the payment of shall be placed in the depository. These items shall be sealed in a tamper proof disposable plastic bag supplied by ATB Financial, and the door of the Depository shall be closed and locked. You acknowledge receipt from ATB Financial of a key to the outside door of the Depository, which shall remain the property of ATB Financial. You shall immediately notify ATB Financial of any loss of the key to the outside door of the Depository and you are responsible for all costs of a new lock(s) and key(s) if ATB Financial chooses, at its sole discretion, to replace them. (b) You will be responsible for the purchase of tamper proof bags from ATB Financial, at a price set by ATB Financial, from time to time. (c) When the Depository is used for deposit(s) and/or ▇▇▇▇ payment(s), the original completed ATB Financial deposit form(s) and/or original remittance portion(s) along with cheque(s) payable from the Account, shall be securely enclosed in the bag. ATB Financial shall open the bag, remove the contents, and deal with those contents in accordance with its usual business practices. Until the contents have been dealt with by ATB Financial, the contents are considered as not processed through the Account. (d) Upon termination of this Agreement you shall deliver any/all keys supplied by ATB Financial. If same are not returned or have been subject to more than normal wear and tear, you are liable for the item(s) and all costs associated with repairing or replacing those items. Fixed Date Deposit Certificate (“FDD Certificate”), Account Statement(s) and / or other confirming record of such Fixed Date Deposit that ATB Financial prepares for you (collectively, “confirmation”): (a) The interest rate payable is calculated and determined by ATB Financial, and you acknowledge that ATB Financial may use its discretion and judgment in relation to calculations and any determinations made in respect of the return payable. (b) You acknowledge and agree that there is the possibility of the occurrence of a market disruption or other event which will have a material effect on ATB Financial’s ability to calculate the return payable to you, to manage the related risk or to otherwise perform its obligations. As a result, ATB Financial may, acting reasonably, take such action as it deems necessary, including, without restriction, adjusting, advancing or delaying the calculation or payment of the return.

Appears in 1 contract

Sources: Account Agreement

Night Depository. If ATB Financial allows you to use the night depository at the branch at which you opened the Account (“Depository”), you agree with ATB Financial as follows: (a) Only Canadian and/or U.S. currency, cheques, money orders, bank drafts and other orders for the payment of shall be placed in the depository. These items shall be sealed in a tamper proof disposable plastic bag supplied by ATB Financial, and the door of the Depository shall be closed and locked. You acknowledge receipt from ATB Financial of a key to the outside door of the Depository, which shall remain the property of ATB Financial. You shall immediately notify ATB Financial of any loss of the key to the outside door of the Depository and you are responsible for all costs of a new lock(s) and key(s) if ATB Financial chooses, at its sole discretion, to replace them. (b) You will be responsible for the purchase of tamper proof bags from ATB Financial, at a price set by ATB Financial, from time to time. (c) When the Depository is used for deposit(s) and/or ▇▇▇▇ payment(s), the original completed ATB Financial deposit form(s) and/or original remittance portion(s) along with cheque(s) payable from the Account, shall be securely enclosed in the bag. ATB Financial shall open the bag, remove the contents, and deal with those contents in accordance with its usual business practices. Until the contents have been dealt with by ATB Financial, the contents are aren considered as not processed through the Account. (d) Upon termination of this Agreement you shall deliver any/all keys supplied by ATB Financial. If same are not returned or have been subject to more than normal wear and tear, you are liable for the item(s) and all costs associated with repairing or replacing those items.

Appears in 1 contract

Sources: Business Banking Account Agreement