Common use of Order Instructions Clause in Contracts

Order Instructions. You will comply with the Order form, format and other requirements set forth in the Specifications, applicable law, the Rules (if applicable), and any security procedures that we establish for the Service. We are not responsible for detecting or rejecting duplicate Orders. If you give us an Order that is incorrect in any way, we may charge your Account for the payment whether or not the error could have been detected by us. We are not liable for acts or omissions by you or any other person including, without limitation, any funds transfer system, any Federal Reserve Bank, any intermediary bank or beneficiary’s bank, or any beneficiary, none of which shall be deemed our agent. Without limitation, we shall not be liable for delaying or failing to act if caused by legal constraint, interruption of transmission or communications facilities, equipment failure, war, emergency conditions, strikes, or other circumstances beyond the Bank’s control. You must accurately describe transaction beneficiaries, intermediary financial institutions, and the beneficiary’s financial institutions in your Orders. If you describe any beneficiary or institution inconsistently by name and number, we, the beneficiary's bank and other institutions may process the Order solely on the basis of the number, even if the number identifies a person or entity different from the named beneficiary or institution. You will not allow others to initiate Orders on your behalf without our prior written consent. You must not engage in the business of initiating Orders on behalf of third parties without our prior written consent. You will be solely responsible for the acts and omissions of such agents.

Appears in 3 contracts

Samples: Ss Agreement, Ss Agreement, Ss Agreement

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Order Instructions. You will comply with the Order form, format and other requirements set forth in the Specifications, applicable law, the Rules (if applicable), and any security procedures that we establish for the Service. We are not responsible for detecting or rejecting duplicate Orders. If you give us an Order that is incorrect in any way, we may charge your Account for the payment whether or not the error could have been detected by us. We are not liable for acts or omissions by you or any other person including, without limitation, any funds transfer system, any Federal Reserve Bank, any intermediary bank or beneficiary’s bank, or any beneficiary, none of which shall be deemed our agent. Without limitation, we shall not be liable for delaying or failing to act if caused by legal constraint, interruption of transmission or communications facilities, equipment failure, war, emergency conditions, strikes, or other circumstances beyond the Bank’s control. You must accurately describe transaction beneficiaries, intermediary financial institutions, and the beneficiary’s financial institutions in your Orders. If you describe any beneficiary or institution inconsistently by name and number, we, the beneficiary's bank we and other institutions may process the Order solely on the basis of the number, even if the number identifies a person or entity different from the named beneficiary or institution. You will not allow others to initiate Orders on your behalf without our prior written consent. You must not engage in the business of initiating Orders on behalf of third parties without our prior written consent. You will be solely responsible for the acts and omissions of such agents.

Appears in 1 contract

Samples: Management Master Services Agreement

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