Box Contract definition
Examples of Box Contract in a sentence
The maximum liability of the Financial Institution for any claim arising from or relating to this Safe Deposit Box Contract, or the Safe Deposit Box, or the contents alleged to be held, lost, or damaged, shall not exceed the lesser of $500 or the actual fair market value of the proven contents.
When the Safe Deposit Box Contract has ended, the Financial Institution may have the Safe Deposit Box opened in the presence of two employees of the Financial Institution.
The Renter may end the Safe Deposit Box Contract at any time by removing the contents of the Safe Deposit Box, returning all the keys and paying rent due, if any.
At any time, the Financial Institution may, 30 days after mailing notice to the Renter, end the Safe Deposit Box Contract.
The Financial Institution may vary this Safe Deposit Box Contract by giving the Renter not less than 30 days’ notice in writing of any such variation.
The Financial Institution may, without notice, require strict adherence to the Terms and Conditions of this Safe Deposit Box Contract, despite any prior indulgence granted to or acquiesced in by the Financial Institution.
Likewise, Joint Renters may appoint an Agent, but whether such Agent is to be appointed individually or collectively will be as indicated in the Safe Deposit Box Contract Application, and authorization for access by an Agent must be given in accordance with the Appointment/Revocation.
The rights of access to the Safe Deposit Box may be exercised by any combination of one or more of such Joint Renters as indicated in the Safe Deposit Box Contract Application.
No waiver by the Financial Institution of any breach of or default under this Safe Deposit Box Contract shall be deemed to be a waiver of any preceding or subsequent breach or default.
The responsibility of the Financial Institution is limited to the exercise of ordinary diligence to prevent the opening of the Safe Deposit Box otherwise than in accordance with the conditions of this Safe Deposit Box Contract.