Common use of Taxes Charged Clause in Contracts

Taxes Charged. Xxxxxxxxx agrees to pay, and this Account is subject to, any tax charged by any governmental entity on any services rendered by Bank. SUCCESSORS AND ASSIGNMENTS: This Agreement is binding on each of the Authorized Signatories and each’s personal representatives, executors, administrators, and heirs, and on each’s successors and assigns, if any. The benefits and responsibilities of Bank under this Agreement shall also transfer to and shall be binding upon Bank’s successors and assigns. Depositor may not transfer or assign this Account without the prior written consent of Bank and no assignment will be valid and/or enforceable against Bank, nor will Bank be deemed to have knowledge of or be bound by any attempted assignment of this Account, or any interest or privileges therein, unless and until Bank has agreed in writing to the assignment, has received a copy of the notice of assignment of account, has acknowledged in writing receipt of the notice of assignment and of the actual assignment document and has noted in the assignment in its records. However, by noting the assignment in its records, Bank does not attest to or have any responsibility to any person or entity regarding the validity of the assignment or have any duty to notify any person or entity regarding any/or all changes in authority to conduct banking business with Bank, or regarding any and/or all withdrawals or transfer of the funds in this Account. NO ILLEGAL TRANSACTIONS: This Account and/or any ATM or Debit Card issued by Bank may be used for legal transactions only. IMPRACTICABILITY OF PERFORMANCE: Bank shall be excused from failing to act or any delay in acting, provided that its failure or delay is caused by interruption of transmission or communication facilities, act of God, fire, terrorism, flood, equipment failure, war, emergency conditions, any act or failure to act by a third party or entity, or any other circumstances beyond its sole control.

Appears in 2 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement

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Taxes Charged. Xxxxxxxxx agrees to pay, and this Account is subject to, any tax charged by any governmental entity on any services rendered by Bank. SUCCESSORS AND ASSIGNMENTS: This Agreement is binding on each of the Authorized Signatories and each’s personal representatives, executors, administrators, and heirs, and on each’s successors and assigns, if any. The benefits and responsibilities of Bank under this Agreement shall also transfer to and shall be binding upon Bank’s successors and assigns. Depositor may not transfer or assign this Account without the prior written consent of Bank and no assignment will be valid and/or enforceable against Bank, nor will Bank be deemed to have knowledge of or be bound by any attempted assignment of this Account, or any interest or privileges therein, unless and until Bank has agreed in writing to the assignment, has received a copy of the notice of assignment of account, has acknowledged in writing receipt of the notice of assignment and of the actual assignment document and has noted in the assignment in its records. However, by noting the assignment in its records, Bank does not attest to or have any responsibility to any person or entity regarding the validity of the assignment or have any duty to notify any person or entity regarding any/or all changes in authority to conduct banking business with Bank, or regarding any and/or all withdrawals or transfer of the funds in this Account. NO ILLEGAL TRANSACTIONS: This Account and/or any ATM or Debit Card issued by Bank may be used for legal transactions only. IMPRACTICABILITY OF PERFORMANCE: Bank shall be excused from failing to act or any delay in acting, provided that its failure or delay is caused by interruption of transmission or communication facilities, act of God, fire, terrorism, flood, equipment failure, war, emergency conditions, any act or failure to act by a third party or entity, or any other circumstances beyond its sole control.control GENERAL PROVISIONS:

Appears in 2 contracts

Samples: www.ibc.com, www.ibc.com

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Taxes Charged. Xxxxxxxxx agrees to pay, and this Account is subject to, any tax charged by any governmental entity on any services rendered by Bank. SUCCESSORS AND ASSIGNMENTS: This Agreement is binding on each of the Authorized Signatories and each’s personal representatives, executors, administrators, and heirs, and on each’s successors and assigns, if any. The benefits and responsibilities of Bank under this Agreement shall also transfer to and shall be binding upon Bank’s successors and assigns. Depositor may not transfer or assign this Account without the prior written consent of Bank and no assignment will be valid and/or enforceable against Bank, nor will Bank be deemed to have knowledge of or be bound by any attempted assignment of this Account, or any interest or privileges therein, unless and until Bank has agreed in writing to the assignment, has received a copy of the notice of assignment of account, has acknowledged in writing receipt of the notice of assignment and of the actual assignment document and has noted in the assignment in its records. However, by noting the assignment in its records, Bank does not attest to or have any responsibility to any person or entity regarding the validity of the assignment or have any duty to notify any person or entity regarding any/or all changes in authority to conduct banking business with Bank, or regarding any and/or all withdrawals or transfer of the funds in this Account. NO ILLEGAL TRANSACTIONS: This Account and/or any ATM or Debit Card or Bank Account Card issued by Bank may be used for legal transactions only. IMPRACTICABILITY OF PERFORMANCE: Bank shall be excused from failing to act or any delay in acting, provided that its failure or delay is caused by interruption of transmission or communication facilities, act of God, fire, terrorism, flood, equipment failure, war, emergency conditions, any act or failure to act by a third party or entity, or any other circumstances beyond its sole control.control GENERAL PROVISIONS:

Appears in 1 contract

Samples: Deposit Account Agreement

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