Common use of Faulty Information Clause in Contracts

Faulty Information. Subject to the limitations of liability contained in Article I of the Agreement and provided Customer provides correct information in the Issues Register, Bank shall be liable for losses proximately caused by its honor of a Check that was not properly payable, or its dishonor of a Check that was properly payable, if the honor or dishonor arose exclusively through its own fault and not the fault of or caused by any third person.

Appears in 4 contracts

Sources: Treasury Management Master Agreement, Treasury Management Master Agreement, Treasury Management Master Agreement