Common use of Xxxxxx of Attorney Clause in Contracts

Xxxxxx of Attorney. The Credit Union may allow a third person acting as your attorney-in-fact to make transactions regarding your account(s), pursuant to a Power of Attorney, but you agree that the Credit Union has no obligation to do so. Additionally, in the event that more than one Attorney- in-Fact is named in a presented Power of Attorney, you agree that we have the right to accept instructions from any named Attorney-in-Fact, and that we have no obligation to track dual signatures or otherwise verify that all named Attorney(s)-in-Fact have authorized a transaction or instruction. You agree that we may in our discretion refuse to honor any Power of Attorney presented to us for any reason permitted by law, and that we within our discretion may not recognize a Power of Attorney given by one owner of a Joint Account without the consent of the other Joint Account holder(s). You also agree that we may rely upon a submitted Power of Attorney and that we have no obligation to verify the scope, authenticity, and validity of any Power of Attorney presented to us. If we accept the Power of Attorney, the Credit Union has no duty to inquire as to the use or purpose of any transaction(s) by your attorney(s)-in-fact, and we may restrict or refuse account access, withdrawals and transfers. Additionally, you agree that the Credit Union has no obligation to determine the duration of any Power of Attorney or the qualifications of the named Attorney(s)-in-Fact. It is the sole responsibility of the account owner(s) to notify the Credit Union to remove POA access to an account once an accepted Power of Attorney is no longer necessary or appropriate. Further, you agree that as a condition precedent to accepting a Power of Attorney we may request: (a) an Agent’s Certification under penalty of perjury in a form deemed acceptable to the Credit Union of any factual matter concerning the Principal, the Agent, or the Power of Attorney; (b) an English translation of the Power of Attorney if the Power of Attorney is not legible or contains, in whole or in part, language other than English; and/or (c) an opinion of legal counsel selected by the Credit Union as to any matter of law concerning the Power of Attorney. You further agree we may require that a Power of Attorney be registered with the appropriate recording authorities. We may restrict the types or amounts of Transactions we permit an Attorney-in-Fact to conduct, and we will not allow a Power of Attorney to be utilized to change account ownership or POD beneficiary designations, unless those powers are specifically described in the Power of Attorney. We may require a separate form for each account or service for which you want to grant power of attorney. If your agent or Attorney-in-Fact does not present the original form, we may either accept or refuse to honor any Power of Attorney you grant and with no liability to you. If we accept a Power of Attorney, we may continue to recognize the authority of your agent or Attorney- in-Fact until we receive written notice of revocation from you and have had a reasonable time to act on it. You agree to reimburse the Credit Union for all costs and expenses, including attorney’s fees, we incur to obtain such legal opinion or otherwise handle or process any Power of Attorney that you submit to the Credit Union, and you agree to indemnify us for any loss or other expense we incur from our acceptance and reliance upon your Power of Attorney, or copy thereof, which we accept in good faith and believe to be valid and authorized by you.

Appears in 3 contracts

Samples: assets.ctfassets.net, denvercommunity.coop, denvercommunity.coop

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Xxxxxx of Attorney. The Credit Union may allow a third person acting as your attorney-in-fact to make transactions regarding your account(s), pursuant to a Power of Attorney, but you agree that the Credit Union has no obligation to do so. Additionally, in the event that more than one Attorney- in-Fact is named in a presented Power of Attorney, you agree that we have the right to accept instructions from any named Attorney-in-Fact, and that we have no obligation to track dual signatures or otherwise verify that all named Attorney(s)-in-Fact have authorized a transaction or instruction. You agree that we may in our discretion refuse to honor any Power of Attorney presented to us for any reason permitted by law, and that we within our discretion may not recognize a Power of Attorney given by one owner of a Joint Account without the consent of the other Joint Account holder(s). You also agree that we may rely upon a submitted Power of Attorney and that we have no obligation to verify the scope, authenticity, and validity of any Power of Attorney presented to us. If we accept the Power of Attorney, the Credit Union has no duty to inquire as to the use or purpose of any transaction(s) by your attorney(s)-in-fact, and we may restrict or refuse account access, withdrawals and transfers. Additionally, you agree that the Credit Union has no obligation to determine the duration of any Power of Attorney or the qualifications of the named Attorney(s)-in-Fact. It is the sole responsibility of the account owner(s) to notify the Credit Union to remove POA access to an account once an accepted Power of Attorney is no longer necessary or appropriate. Further, you agree that as a condition precedent to accepting a Power of Attorney we may request: (a) an Agent’s Certification under penalty of perjury in a form deemed acceptable to the Credit Union of any factual matter concerning the Principal, the Agent, or the Power of Attorney; (b) an English translation of the Power of Attorney if the Power of Attorney is not legible or contains, in whole or in part, language other than English; and/or (c) an opinion of legal counsel selected by the Credit Union as to any matter of law concerning the Power of Attorney. You further agree we may require that a Power of Attorney be registered with the appropriate recording authorities. We may restrict the types or amounts of Transactions we permit an Attorney-in-Fact to conduct, and we will not allow a Power of Attorney to be utilized to change account ownership or POD beneficiary designations, unless those powers are specifically described in the Power of Attorney. We may require a separate form for each account or service for which you want to grant power of attorney. If your agent or Attorney-in-Fact does not present the original form, we may either accept or refuse to honor any Power of Attorney you grant and with no liability to you. If we accept a Power of Attorney, we may continue to recognize the authority of your agent or Attorney- in-Fact until we receive written notice of revocation from you and have had a reasonable time to act on it. You agree to reimburse the Credit Union for all costs and expenses, including attorney’s fees, we incur to obtain such legal opinion or otherwise handle or process any Power of Attorney that you submit to the Credit Union, and you agree to indemnify us for any loss or other expense we incur from our acceptance and reliance upon your Power of Attorney, or copy thereof, which we accept in good faith and believe to be valid and authorized by you.you.‌

Appears in 3 contracts

Samples: assets.ctfassets.net, usermanual.wiki, assets.ctfassets.net

Xxxxxx of Attorney. The Credit Union the credit union may allow a third person acting as your attorney-attorney- in-fact to make transactions regarding your account(s), pursuant to a Power power of Attorney, but you agree that the Credit Union credit union has no obligation to do so. Additionally, in the event that more than one Attorney- in-Fact is named in a presented Power of Attorney, you agree that we have the right to accept instructions from any named Attorney-in-Fact, and that we have no obligation to track dual signatures or otherwise verify that all named Attorney(s)-in-Fact have authorized a transaction or instruction. You agree that we may in our discretion refuse to honor any Power power of Attorney presented to us for any reason permitted by law, and that we within our discretion may not recognize a Power of Attorney given by one owner of a Joint Account without the consent of the other Joint Account holder(s). You also agree that we may rely upon a submitted Power power of Attorney and that we have no obligation to verify the scope, authenticity, and validity of any Power power of Attorney presented to us. If if we accept the Power power of Attorney, the Credit Union credit union has no duty to inquire as to the use or purpose of any transaction(s) by your attorney(s)-inattorney-in-fact, and we may restrict or refuse account access, withdrawals and transfers. Additionally, you agree that the Credit Union credit union has no obligation to determine the duration of any Power power of Attorney or the qualifications of the named Attorney(s)-inattorney-Factin-fact. It it is the sole responsibility of the account owner(s) to notify the Credit Union credit union to remove POA poA access to an account once an accepted Power power of Attorney is no longer necessary or appropriate. Further, you agree that as a condition precedent to accepting a Power of Attorney we may request: request (a) an Agent’s Certification certification under penalty of perjury in a form deemed acceptable to the Credit Union credit union of any factual matter concerning the Principalprincipal, the Agent, or the Power power of Attorney; (b) an English english translation of the Power power of Attorney if the Power power of Attorney is not legible or contains, in whole or in part, language other than Englishenglish; and/or (c) an opinion of legal counsel selected by the Credit Union credit union as to any matter of law concerning the Power power of Attorney. You further agree we may require that a Power of Attorney be registered with the appropriate recording authorities. We may restrict the types or amounts of Transactions we permit an Attorney-in-Fact to conduct, and we will not allow a Power of Attorney to be utilized to change account ownership or POD beneficiary designations, unless those powers are specifically described in the Power of Attorney. We may require a separate form for each account or service for which you want to grant power of attorney. If your agent or Attorney-in-Fact does not present the original form, we may either accept or refuse to honor any Power of Attorney you grant and with no liability to you. If we accept a Power of Attorney, we may continue to recognize the authority of your agent or Attorney- in-Fact until we receive written notice of revocation from you and have had a reasonable time to act on it. You agree to reimburse the Credit Union credit union for all costs and expenses, including attorney’s attorneys’ fees, we incur to obtain such legal opinion or otherwise handle or process any Power power of Attorney that you submit to the Credit Unioncredit union, and you agree to indemnify us for any loss or other expense we incur from our acceptance and reliance upon your Power power of Attorney, or copy thereof, which we accept in good faith and believe to be valid and authorized by you.

Appears in 1 contract

Samples: www.hncu.org

Xxxxxx of Attorney. The Credit Union may allow a third person acting as your attorney-in-fact to make transactions regarding your account(s), pursuant to a Power of Attorney, but you agree that the Credit Union has no obligation to do so. Additionally, in the event that more than one Attorney- in-Fact is named in a presented Power of Attorney, you agree that we have the right to accept instructions from any named Attorney-in-Fact, and that we have no obligation to track dual signatures or otherwise verify that all named Attorney(s)-in-Fact have authorized a transaction or instruction. You xx.Xxx agree that we may in our discretion refuse to honor any Power of Attorney presented to us for any reason permitted by law, and that we within our discretion may not recognize a Power of Attorney given by one owner of a Joint Account without the consent of the other Joint Account holder(s). You xxx.Xxx also agree that we may rely upon a submitted Power of Attorney and that we have no obligation to verify the scope, authenticity, and validity of any Power of Attorney presented to us. If we accept the Power of Attorney, the Credit Union has no duty to inquire as to the use or purpose of any transaction(s) by your attorney(s)-inattorney-in-fact, and we may restrict or refuse account access, withdrawals and transfers. Additionally, you agree that the Credit Union has no obligation to determine the duration of any Power of Attorney or the qualifications of the named Attorney(s)-inattorney-Factin-fact. It is the sole responsibility of the account owner(s) to notify the Credit Union to remove POA access to an account once an accepted Power of Attorney is no longer necessary or appropriate. Further, you agree that as a condition precedent to accepting a Power of Attorney we may request: request (a) an Agent’s Certification under penalty of perjury in a form deemed acceptable to the Credit Union of any factual matter concerning the Principal, the Agent, or the Power of Attorney; (b) an English translation of the Power of Attorney if the Power of Attorney is not legible or contains, in whole or in part, language other than English; and/or (c) an opinion of legal counsel selected by the Credit Union as to any matter of law concerning the Power of Attorney. You further agree we may require that a Power of Attorney be registered with the appropriate recording authorities. We may restrict the types or amounts of Transactions we permit an Attorney-in-Fact to conduct, and we will not allow a Power of Attorney to be utilized to change account ownership or POD beneficiary designations, unless those powers are specifically described in the Power of Attorney. We may require a separate form for each account or service for which you want to grant power of attorney. If your agent or Attorney-in-Fact does not present the original form, we may either accept or refuse to honor any Power of Attorney you grant and with no liability to you. If we accept a Power of Attorney, we may continue to recognize the authority of your agent or Attorney- in-Fact until we receive written notice of revocation from you and have had a reasonable time to act on it. You Xxxxxxxx.Xxx agree to reimburse the Credit Union for all costs and expenses, including attorney’s attorneys' fees, we incur to obtain such legal opinion or otherwise handle or process any Power of Attorney that you submit to the Credit Union, and you agree to indemnify us for any loss or other expense we incur from our acceptance and reliance upon of your Power of Attorney, or copy thereof, which we accept in good faith and believe to be valid and authorized by you.

Appears in 1 contract

Samples: Membership and Account Agreement

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Xxxxxx of Attorney. The Credit Union may allow a third person acting as your attorney-in-in- fact to make transactions regarding your account(s), pursuant to a Power of Attorney, but you agree that the Credit Union has no obligation to do so. Additionally, in the event that more than one Attorney- Attorney-in-Fact is named in a presented Power of Attorney, you agree that we have the right to accept instructions from any named Attorney-in-Fact, and that we have no obligation to track dual signatures or otherwise verify that all named Attorney(s)-in-Fact have authorized a transaction or instruction. You agree that we may in our discretion refuse to honor any Power of Attorney presented to us for any reason permitted by law, and that we within our discretion may not recognize a Power of Attorney given by one owner of a Joint Account without the consent of the other Joint Account holder(s). You also agree that we may rely upon a submitted Power of Attorney and that we have no obligation to verify the scope, authenticity, and validity of any Power of Attorney presented to us. If we accept the Power of Attorney, the Credit Union has no duty to inquire as to the use or purpose of any transaction(s) by your attorney(s)-in-fact, and we may restrict or refuse account access, withdrawals and transfers. Additionally, you agree that the Credit Union has no obligation to determine the duration of any Power of Attorney or the qualifications of the named Attorney(s)-in-Fact. It is the sole responsibility of the account owner(s) to notify the Credit Union to remove POA access to an account once an accepted Power of Attorney is no longer necessary or appropriate. Further, you agree that as a condition precedent to accepting a Power of Attorney we may request: (a) an Agent’s Certification under penalty of perjury in a form deemed acceptable to the Credit Union of any factual matter concerning the Principal, the Agent, or the Power of Attorney; (b) an English translation of the Power of Attorney if the Power of Attorney is not legible or contains, in whole or in part, language other than English; and/or (c) an opinion of legal counsel selected by the Credit Union as to any matter of law concerning the Power of Attorney. You further agree we may require that a Power of Attorney be registered with the appropriate recording authorities. We may restrict the types or amounts of Transactions we permit an Attorney-in-Fact to conduct, and we will not allow a Power of Attorney to be utilized to change account ownership or POD beneficiary designations, unless those powers are specifically described in the Power of Attorney. We may require a separate form for each account or service for which you want to grant power of attorney. If your agent or Attorney-in-Fact does not present the original form, we may either accept or refuse to honor any Power of Attorney you grant and with no liability to you. If we accept a Power of Attorney, we may continue to recognize the authority of your agent or Attorney- in-Fact until we receive written notice of revocation from you and have had a reasonable time to act on it. You agree to reimburse the Credit Union for all costs and expenses, including attorney’s attorneys' fees, we incur to obtain such legal opinion or otherwise handle or process any Power of Attorney that you submit to the Credit Union, and you agree to indemnify us for any loss or other expense we incur from our acceptance and reliance upon your Power of Attorney, or copy thereof, which we accept in good faith and believe to be valid and authorized by you.

Appears in 1 contract

Samples: Membership and Account Agreement

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