Our Responsibility for Errors. If we do not properly perform a transaction according to the terms of this Contract, we will be liable to you for losses up to the amount of the transaction (unless otherwise required). We will not be liable for (i) your account having insufficient funds to complete a transaction; (ii) losses that result from your negligence or the negligence of others; (iii) your failure to follow any time limits as explained in this Contract; (iv) circumstances beyond our control that prevent us from performing the transaction (such as power failures, closures do to storms, or other emergencies); or (v) any losses caused by your failure to follow any term of this Contract. Our actions will constitute the use of ordinary care if such actions or non-actions are consistent with applicable state law, Federal Reserve Regulations, and operating letters, clearing house rules, and general banking practices followed in the area serviced by us. As a result of a request or an order by you, should we ever disburse a greater amount of funds based on your request to any person or organization that you know (e.g., relative, friend, em- ployee, business associate, etc.), you agree to assist us in reco- ▇▇▇▇▇▇ our funds, including participation in litigation and prosecu- tion.
Appears in 1 contract
Sources: Business Deposit Account Contract
Our Responsibility for Errors. If we do not properly perform a transaction according to the terms of this Contract, we will may be liable to you for losses up to the amount of the transaction (unless otherwise required). We will not be liable for for: (i1) your account having insufficient funds to complete a transaction; (ii2) losses that result from your negligence or the negligence of others; (iii3) your failure to follow any time limits as explained in this Contract; (iv4) circumstances beyond our control that prevent us from performing the transaction (such as power failures, closures do to storms, or other emergencies); or (v5) any losses caused by your failure to follow any term of this Contract. Our actions will constitute the use of ordinary care if such actions or non-actions are consistent with applicable state law, Federal Reserve Regulations, regulations and operating letters, clearing house rules, and general banking practices followed in the area serviced by us. As a result of a request or an order by you, should we ever disburse a greater amount of funds based on your request to any person or organization that you know (e.g., relative, friend, em- ployeeemployee, business associate, etc.), you agree to assist us in reco- ▇▇▇▇▇▇ recovering our funds, including participation in litigation and prosecu- tionprosecution.
Appears in 1 contract
Sources: Deposit Account Contract
Our Responsibility for Errors. If we do not properly perform a transaction according to the terms of this Contract, we will may be liable to you for losses up to the amount of the transaction (unless otherwise required). We will not be liable for for: (i1) your account having insufficient funds to complete a transaction; (ii2) losses that result from your negligence or the negligence of others; (iii3) your failure to follow any time limits as explained ex- plained in this Contract; (iv4) circumstances beyond our control that prevent us from performing the transaction (such as power failures, closures do to storms, or other emergencies); or (v5) any losses caused by your failure to follow any term of this Contract. Our actions ac- tions will constitute the use of ordinary care if such actions or non-non- actions are consistent with applicable state law, Federal Reserve Regulations, regulations and operating letters, clearing house rules, and general banking practices followed in the area serviced by us. As a result of a request or an order by you, should we ever disburse a greater amount of funds based on your request to any person or organization organiza- tion that you know (e.g., relative, friend, em- ployeeemployee, business associateasso- ciate, etc.), you agree to assist us in reco- ▇▇▇▇▇▇ recovering our funds, including participation in litigation and prosecu- tionprosecution.
Appears in 1 contract
Sources: Deposit Account Contract
Our Responsibility for Errors. If we do not properly perform a transaction according to the terms of this Contract, we will be liable to you for losses up to the amount of the transaction (unless otherwise other- wise required). We will not be liable for (i) your account having insufficient funds to complete a transaction; (ii) losses that result from your negligence or the negligence of others; (iii) your failure to follow any time limits as explained in this Contract; (iv) circumstances beyond our control that prevent us from performing the transaction (such as power failures, closures do to storms, or other emergencies); or (v) any losses caused by your failure to follow any term of this Contract. Our actions will constitute the use of ordinary care if such actions or non-actions are consistent with applicable state law, Federal Reserve Regulations, and operating letters, clearing house rules, and general banking practices followed in the area serviced by us. As a result of a request or an order by you, should we ever disburse a greater amount of funds based on your request to any person or organization that you know (e.g., relativerela- tive, friend, em- ployeeemployee, business associate, etc.), you agree to assist us in reco- ▇▇▇▇▇▇ recovering our funds, including participation in litigation and prosecu- tionprosecution.
Appears in 1 contract
Sources: Business Deposit Account Contract