Common use of Account Opening Clause in Contracts

Account Opening. Subject to the terms of this Agreement, we will open an Account in the Business’s name. To access the Account, we may issue Customer Cards, Cheques, PIN’s or Passwords to you. All amounts posted or charged to the Account with, or in connection with, Customer Cards or Cheques, including but not limited to purchases, cash advances, balance transfers, amounts in overdraft, interest, costs, fees, Legal Costs, wire transfers, money orders, gambling advances and service charges, will be a charge to the Account and will be a debt obligation of you to ATB Financial (the “Debt”). In consideration of ATB Financial agreeing to open the Account, each Account Holder agrees to indemnify ATB Financial against any loss which ATB Financial may suffer, including legal fees as between a solicitor and his own client, and hold ATB Financial harmless from all claims against ATB Financial or any of its officers or employees, by reason of or arising from this Agreement or the use of the Account.

Appears in 4 contracts

Samples: Agriculture Account Agreement, Agriculture Account Agreement, Agriculture Account Agreement Terms and Conditions

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Account Opening. Subject to the terms of this Agreement, we will open an Account in the Business’s name. To access the Account, we may issue Customer Debit Cards, Cheques, or PIN’s or Passwords to you. All amounts posted or charged to the Account with, or in connection with, Customer Client Cards or Cheques, including but not limited to purchases, cash advances, balance transfers, amounts in overdraft, interest, costs, fees, Legal Costs, wire transfers, money orders, gambling advances and service charges, will be a charge to the Account and will be a debt obligation of you to ATB Financial (the “Debt”). In consideration of ATB Financial agreeing to open the Account, each Account Holder agrees to indemnify ATB Financial against any loss which ATB Financial may suffer, including legal fees as between a solicitor and his own client, and hold ATB Financial harmless from all claims against ATB Financial or any of its directors, officers or employees, by reason of or arising from this Agreement or the use of the Account.

Appears in 2 contracts

Samples: Banking Account Agreement, Financial Business Banking Account Agreement

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Account Opening. Subject to the terms of this Agreement, we will open an Account in the Business’s name. To access the Account, we may issue Customer Debit Cards, Cheques, or PIN’s or Passwords to you. All amounts posted or charged to the Account with, or in connection with, Customer Client Cards or Cheques, including but not limited to purchases, cash advances, balance transfers, amounts in overdraft, interest, costs, fees, Legal Costs, wire transfers, money orders, gambling advances and service charges, will be a charge to the Account and will be a debt obligation of you to ATB Financial (the “Debt”). In consideration of ATB Financial agreeing to open the Account, each Account Holder Xxxxxx agrees to indemnify ATB Financial against any loss which ATB Financial may suffer, including legal fees as between a solicitor and his own client, and hold ATB Financial harmless from all claims against ATB Financial or any of its directors, officers or employees, by reason of or arising from this Agreement or the use of the Account.

Appears in 1 contract

Samples: Banking Account Agreement

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