Third Party Instruments definition
Examples of Third Party Instruments in a sentence
All Third Party Instruments must be restrictively endorsed by the Customer, payable to the order of Custom House, and, if the Third Party Instruments are bulk shipped, they must be accompanied by a list of the items.
The Customer agrees that all Third Party Instruments are on full recourse for a period from receipt of a Third Party Instrument by Custom House until 3 years following receipt of that Third Party Instrument by Custom House’s correspondent bank.
The limited power of attorney referred to above is irrevocable and is coupled with an interest in the rights of the Customer to the Third Party Instruments referenced herein which from time to time are provided by the Customer to Custom House.