Common use of Duties to Safe Deposit Box Holders Clause in Contracts

Duties to Safe Deposit Box Holders. From and after the Effective Date, Purchaser agrees to assume and to discharge, in the usual course of its banking business, the duties and obligations of Company with respect to all safe deposit boxes at the Branch, and to maintain all necessary facilities for the use of such boxes by the renters thereof during the period for which such persons have paid rent to Company therefor, subject to the provisions of the rental agreements between Company and the respective renters of such boxes.