Boxholder definition
Examples of Boxholder in a sentence
The renter shall ensure that access to the safe deposit box is enabled only to the Box-holder or a person, authorized by the latter.
Access to the safe deposit box will be granted to the Box-holder during opening hours of the Renter.
The Bank may request certification of the authorisation of the person authorised by the Box-holder in a form acceptable by the Bank.
One key is given to the use of the Box-holder and the other will be stored with the Bank.
If the Box-holder terminates the Contract before expiry of its term, the Box- holder will not be entitled to request from the Bank repayment of the prepaid Rent of the safe deposit box or a part hereof.
The Bank may request the Box-holder to reveal the contents of the safe deposit box, if there is hesitation to believe that the Box-holder has violated the conditions stipulated in this clause.
If the sales proceeds of the items stored in the safe deposit box and/or the funds kept at the Bank by the Box-holder are insufficient for covering the costs incurred by the Bank and compensating for the lost profit, the Bank shall be entitled to refer the matter to the court for compensation.
The Bank shall ensure that access to the safe deposit box is enabled only to the Box-holder or a person, authorised by the latter.
If the Box-holder fails to fulfil its obligation, the Bank shall be entitled to exercise clause 6.5 of the Agreement.
If an inventory of the Box is prepared under this section, that inventory shall constitute a representation of the entire contents of the Box that is properly made on behalf of, and is binding upon, the Boxholders, their agents, mandatories, attorneys, authorized officials, and the estate and personal representatives of any deceased Boxholder, unless documentary evidence of acquisition and possession of any additional contents of the Box are presented and establishes to the contrary.