Common use of OTHER LANGUAGE Clause in Contracts

OTHER LANGUAGE. The Financial Institution will not examine the front and back sides of items to detect handwritten or typed "paid in full" or similar language. Such items will be deposited into the Deposit Account and the Financial Institution shall have no liability to the Debtor or the Secured Party for depositing such items.

Appears in 2 contracts

Sources: Pledge and Security Agreement (Tekoil & Gas Corp), Blocked Deposit Account Control Agreement (Tekoil & Gas Corp)

OTHER LANGUAGE. The Financial Institution will not examine the front and back sides backsides of items to detect handwritten or typed "β€œpaid in full" ” or similar language. Such items will be deposited into the Deposit Initial Concentration Account and the Financial Institution shall have no liability to the Debtor NeurogesX or the Secured Party CHRP for depositing such items.

Appears in 1 contract

Sources: Financing Agreement (NeurogesX Inc)