Common use of Rights and Obligations of Both Parties Clause in Contracts

Rights and Obligations of Both Parties. 1. The First party is obligated to open a current account for the second party and to exert the necessary care to implement their orders on the account within the limits of banking regulations, rules, and norms. The First party is not responsible for any damage arising from the implementation of these orders unless this damage is a result of gross negligence, willful misconduct or failure to undertake the necessary diligence intended for the purposes of implementing this agreement; Caring, skill, prudence, and diligence according to the conditions that are expected to perform - within the reasonable limits - from any facility.

Rights and Obligations of Both Parties. 1. The First party Party is obligated to open a current account for the second party Second Party and to exert the necessary care to shall implement their orders his instructions on the account with due care and diligence within the limits framework of banking regulations, rulesrules and practices. However, and norms. The the First party is Party shall not responsible be held accountable for any damage arising from the implementation of these orders instructions unless this damage is a result of his gross negligence, negligence or his willful commitment of misconduct or failure to undertake the necessary act with due diligence intended for the purposes of implementing this agreement; CaringAgreement with due care, skill, prudence, prudence and diligence according to and under the conditions circumstances that are expected to perform - within the reasonable limits - from any facilitybe performed reasonably by a similar enterprise.

Rights and Obligations of Both Parties. 1. The First party Party is obligated to open a current account for the second party Second Party and to exert the necessary care to shall implement their orders his/her instructions on the account with due diligence within the limits framework of banking regulationspractices, rules, and normsregulations. The However, the First party is Party shall not responsible be held accountable for any damage arising from the implementation of these orders instructions unless this damage is a result of his/her gross negligence, negligence or his/her willful commitment of misconduct or failure to undertake the necessary act with due diligence intended for the purposes of implementing this agreement; CaringAgreement with due care, skill, prudence, prudence and diligence according to and under the conditions circumstances that are expected to perform - within the reasonable limits - from any facility.be performed reasonably by a similar enterprise

Rights and Obligations of Both Parties. 1. The First party is obligated obliged to open a current account for the second Second party and to exert the necessary care to implement their orders on the account within the limits of banking regulations, rules, and norms. The First party is not responsible for any damage arising from the implementation of these orders unless this damage is a result of their gross negligence, willful wilful misconduct or failure to undertake the necessary diligence intended for the purposes of implementing this agreement; Caringcaring, skill, prudence, prudence and diligence according to the conditions that are expected to perform - within the reasonable limits - from any facilityentity.