Common use of REMOTE INSTRUCTIONS Clause in Contracts

REMOTE INSTRUCTIONS. The Depositor may provide Remote Instructions to a branch of the Credit Union. The Remote Instructions may concern the Account maintained at that branch, or concern other Transactions and arrangements conducted at or with that branch. The Credit Union may, but will not be obliged to, act on Remote Instructions received in the name of the Depositor to the same extent as if the Remote Instructions were written instructions delivered to the Credit Union by mail signed by the Authorized Users authorized to operate the Account. The Credit Union may assume that any such Remote Instructions are genuine. The Credit Union may in its sole discretion refuse to act on any Remote Instruction. The Remote Instructions will be deemed received by the Credit Union only when it is brought to the attention of an authorized Credit Union officer. Remote Instructions may be transmitted to the Credit Union at the telephone or fax number or email address provided by the Credit Union, or at such other telephone or fax number or email as the Credit Union may advise the Depositor by notice in writing. Any of the Authorized Users may acting alone, provide Remote Instructions to the Credit Union on behalf of the Depositor, even if the certified resolution of the Depositor specifies that two or more Authorized Users are required to operate the Account. The Credit Union may assume that any person identifying themselves as an Authorized User is in fact an Authorized User and the Credit Union may act on the Remote Instructions provided by any such person. The Depositor will be bound by all Remote Instructions given to the Credit Union in the name of the Depositor. A copy of any fax or email message constituting Remote Instructions or the Credit Union's notes of any Remote Instructions given by telephone may be entered into evidence in any court proceedings as if it were an original document signed by the Depositor or an Authorized User. The copy or notes will be prima facie evidence of the instructions the Depositor gave the Credit Union.

Appears in 3 contracts

Samples: www.valleyfirst.com, www.envisionfinancial.ca, www.envisionfinancial.ca

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REMOTE INSTRUCTIONS. The Depositor may provide Remote Instructions to a branch of the Credit Union. The Remote Instructions may concern the Account maintained at that branch, branch or concern other Transactions and arrangements conducted at or with that branch. The Credit Union may, may but will not be obliged to, to act on Remote Instructions received in the name of the Depositor to the same extent as if the Remote Instructions were written instructions delivered to the Credit Union by mail signed by the Authorized Users Depositors authorized to operate the Account. The Credit Union may assume that any such Remote Instructions are genuine. The Credit Union may in its sole discretion refuse to act on any Remote Instruction. The Remote Instructions will be deemed received by the Credit Union only when it is brought to the attention of an authorized Credit Union officer. Remote Instructions may be transmitted to the Credit Union at the telephone or fax number or email address provided by the Credit Union, Union or at such other telephone or fax number or email as the Credit Union may advise the Depositor by notice in writing. Any of the Authorized Users persons that constitute the Depositor may acting alone, act alone and provide Remote Instructions to the Credit Union on behalf of the DepositorUnion, even if the certified resolution of the Depositor specifies that two or more Authorized Users signatures are required to operate the Account. The Credit Union may assume that any person identifying themselves himself or herself as an Authorized User the Depositor is in fact an Authorized User the Depositor and the Credit Union may act on the Remote Instructions provided by any such person. The Depositor will be bound by all Remote Instructions given to the Credit Union in the name of the Depositor. A copy of any fax or email message constituting Remote Instructions or the Credit Union's notes of any Remote Instructions given by telephone may be entered into evidence in any court proceedings as if it were an original document signed by the Depositor or an Authorized UserDepositor. The copy or notes will be prima facie evidence of the instructions the Depositor gave the Credit Union.

Appears in 1 contract

Samples: www.islandsavings.ca

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