(C) The Bank is hereby authorized to execute email instructions on various matters or transactions, but excluding instructions pertaining to outgoing payments from our account(s) (each an “Instruction” and collectively “Instructions”), notwithstanding the fact that the identity of the person giving any such Instructions and/or the source of the Instructions cannot be authenticated or verified by the Bank.
(D) We are aware of the risks involved in sending email instructions, including the risk that email instructions may (i) be fraudulently or mistakenly written, altered or sent; (ii) result in unauthorized usage of our information, and (iii) not be received in whole or in part by the intended recipient, and we agree to exempt the Bank from any and all liabilities in respect of such risks. Our request to the Bank to accept and act on email instructions is for our convenience and benefit only.
(E) (i) Any Instruction which appears to the Bank to originate from us or our authorised representative(s) or signatory(ies), or (ii) any Instruction which seem to the Bank to be in compliance with our mandate, shall be conclusively presumed for the Bank’s benefit to be duly authorized by and legally binding on us, and we shall be fully responsible for the same. The Bank shall not be responsible for ensuring the authenticity, validity, propriety or source of any Instruction and shall not be liable for any Instruction that turns out to be unauthorised, erroneous, improper or fraudulent.
(F) Notwithstanding anything contained herein, the Bank may in its absolute discretion (i) refuse to accept and act on any Instruction, and/or (ii) perform a telephone call back (which telephone call back may be recorded by the Bank and such recording shall be admissible in a court of law) to any of our authorised signatory and/or to any other person designated by us for such call back, at specific telephone numbers assigned by us or, at the Bank’s discretion, any of our telephone numbers listed in the Bank’s records. The Bank may at its absolute discretion request for a written confirmation of any email order, and we shall submit such confirmation to the Bank immediately upon receipt of the Bank’s request.
(G) The Bank shall not be liable to us or any third party for, and we shall indemnify the Bank at all times against, any loss, damage, claim, expense or liability, whether involving fraud or not, and whether arising in contract, tort or otherwise, howsoever in connection with any Instruction. We agree that any Instruction may be executed by the Bank without prior reference to us.
We confirm that we have the capacity and authority to accept and/or execute this document and that this document constitutes our valid, legal, effective and enforceable obligation.
The authority to the Bank as set forth above shall be continuing and shall remain in force until a written termination notice from us terminating any of the authority set forth above has been received by the Bank and confirmed by the Bank to be in order.
(C) The Bank is hereby authorized to execute email instructions on various matters or transactions, but excluding instructions pertaining to outgoing payments from our account(s) (each an “Instruction” and collectively “Instructions”), notwithstanding the fact that the identity of the person giving any such Instructions and/or the source of the Instructions cannot be authenticated or verified by the Bank.(D) We are aware of the risks involved in sending email instructions, including the risk that email instructions may (i) be fraudulently or mistakenly written, altered or sent; (ii) result in unauthorized usage of our information, and (iii) not be received in whole or in part by the intended recipient, and we agree to exempt the Bank from any and all liabilities in respect of such risks. Our request to the Bank to accept and act on email instructions is for our convenience and benefit only.(E) (i) Any Instruction which appears to the Bank to originate from us or our authorised representative(s) or signatory(ies), or (ii) any Instruction which seem to the Bank to be in compliance with our mandate, shall be conclusively presumed for the Bank’s benefit to be duly authorized by and legally binding on us, and we shall be fully responsible for the same. The Bank shall not be responsible for ensuring the authenticity, validity, propriety or source of any Instruction and shall not be liable for any Instruction that turns out to be unauthorised, erroneous, improper or fraudulent.(F) Notwithstanding anything contained herein, the Bank may in its absolute discretion (i) refuse to accept and act on any Instruction, and/or (ii) perform a telephone call back (which telephone call back may be recorded by the Bank and such recording shall be admissible in a court of law) to any of our authorised signatory and/or to any other person designated by us for such call back, at specific telephone numbers assigned by us or, at the Bank’s discretion, any of our telephone numbers listed in the Bank’s records. The Bank may at its absolute discretion request for a written confirmation of any email order, and we shall submit such confirmation to the Bank immediately upon receipt of the Bank’s request.(G) The Bank shall not be liable to us or any third party for, and we shall indemnify the Bank at all times against, any loss, damage, claim, expense or liability, whether involving fraud or not, and whether arising in contract, tort or otherwise, howsoever in connection with any Instruction. We agree that any Instruction may be executed by the Bank without prior reference to us.We confirm that we have the capacity and authority to accept and/or execute this document and that this document constitutes our valid, legal, effective and enforceable obligation.The authority to the Bank as set forth above shall be continuing and shall remain in force until a written termination notice from us terminating any of the authority set forth above has been received by the Bank and confirmed by the Bank to be in order.
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