Prohibited Instruments definition
Examples of Prohibited Instruments in a sentence
We may, in our discretion, accept any Prohibited Instruments for deposit, but in no event do we have any obligation to do so, nor will we have any responsibility or liability to you or any other person for accepting or rejecting any such Prohibited Instruments.
You will ensure that Mobile Cheque Deposit is not used to deposit any Prohibited Instruments.
The Customer will ensure this Service is not used to deposit any Prohibited Instruments.
The above shall be referred to collectively as "Prohibited Instruments".
Royal Bank may, in its sole discretion, accept for deposit any Prohibited Instruments, provided that in no event does Royal Bank have any obligation to do so, nor will Royal Bank have any responsibility or liability to the Customer or any other Person for accepting or rejecting any such Prohibited Instruments.
For greater certainty, if Royal Bank exercises its discretion and accepts for deposit a Prohibited Instrument, this will not constitute a waiver of any term of the Agreement or preclude enforcement of the terms of the Agreement and restrictions on Prohibited Instruments in accordance with these Service Materials.