Common use of Waiver of Protest Clause in Contracts

Waiver of Protest. In accordance with the Bank's normal practices, protested cheques and securities deposited by the Client shall only be by application in writing by the Client. Since postal and protest formulation time frames make it very difficult to comply with legal deadlines, the Client refrains from opposing any forfeiture as a result of this to the Bank and releases it from all liability in the event of delayed presentation or lateness, or failure to send any notice of non-payment or non-acceptance.

Appears in 3 contracts

Samples: www.privatebank.hsbc.fr, www.privatebank.hsbc.fr, www.privatebank.hsbc.fr

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Waiver of Protest. In accordance with the Bank's normal ’s practices, protested protests of cheques and securities deposited by the Client shall may only be made by application in writing by written request from the Client. Since postal and protest formulation time frames make it very difficult to comply with legal deadlines, the Client refrains from opposing shall waive opposition to any forfeiture as a result of this to lapse by the Bank and releases shall release it from f rom all liability in the event of for late or delayed presentation or latenesspresentation, or failure to send any notice of non-payment or non-acceptanceacceptance in the event of negligence by the Bank.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

Waiver of Protest. In accordance with the Bank's normal ’s practices, protested protests of cheques and securities deposited by the Client shall may only be made by application in writing by written request from the Client. Since postal and protest formulation time frames make it very difficult to comply with legal deadlines, the Client refrains from opposing shall waive opposition to any forfeiture as a result of this to lapse by the Bank and releases shall release it from all liability in the event of for late or delayed presentation or latenesspresentation, or failure to send any notice of non-payment or non-acceptance.

Appears in 1 contract

Samples: Account Agreement

Waiver of Protest. In accordance with the Bank's normal ’s practices, protested protests of cheques and securities deposited by the Client shall may only be made by application in writing by written request from the Client. Since As postal and protest formulation time frames make it very difficult to comply with legal legally required deadlines, the Client refrains shall refrain from opposing any resulting forfeiture as a result of this to the Bank and releases shall release it from all liability in the event of for late or delayed presentation or lateness, or for failure to send any notice of non-payment or non-acceptance.

Appears in 1 contract

Samples: Account Agreement

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Waiver of Protest. In accordance with the Bank's normal ’s practices, protested protests of cheques and securities deposited by the Client shall may only be made by application in writing by written request from the Client. Since postal and protest formulation time frames make it very difficult to comply with legal deadlines, the Client refrains from opposing shall waive opposition to any forfeiture as a result of this to lapse by the Bank and releases shall release it from all liability in the event of for late or delayed presentation or latenesspresentation, or failure to send any notice of non-payment or non-acceptanceacceptance in the event of negligence by the Bank.

Appears in 1 contract

Samples: Account Agreement

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