Common use of Multiple Administrators Clause in Contracts

Multiple Administrators. If more than one Administrator is identified on the Application or any subsequent Company Administrator Form, you agree that (i) the Bank may accept instructions from any Administrator, and (ii) if the Bank receives conflicting notices or requests from any one or more Administrator(s), the Bank may honor or refuse to honor any or all of the conflicting notices or requests, at its option, without giving any notice to the Administrator(s) whose notice or request is not honored, and the Bank will not be liable for taking or refusing to take any action with regard to any conflicting notices or requests.