Common use of Stop Payment Clause in Contracts

Stop Payment. Any instruction to stop payment of an Instrument drawn on the Account must be in writing and signed by one or more Authorized Signatories and/or Authorized Users, in accordance with the signing authority on the Account. On receiving a stop payment instruction of an Instrument drawn on the Account, the Financial Institution will: a) use reasonable diligence to comply with the stop payment, but b) not be liable to the Depositor or any other person by reason of complying with, or failing to comply with, the stop payment, whether the Financial Institution is negligent, wilfully negligent, or otherwise.

Stop Payment. Any instruction to stop payment of an Instrument drawn on the Account must be in writing and signed by one or more Authorized Signatories and/or Authorized Users, in accordance with the signing authority on the AccountDepositor. On receiving a stop payment instruction of an Instrument drawn on the Account, the Financial Institution will: a) use reasonable diligence to comply with the stop payment, but b) not be liable to the Depositor or any other person by reason of complying with, or failing to comply with, the stop payment, whether the Financial Institution is negligent, wilfully negligent, or otherwise.

Stop Payment. Any instruction to stop payment of an Instrument drawn on the Account must be in writing and signed by the Trustee or one or more Authorized Signatories and/or Authorized UsersSigning Officers, in accordance with the signing authority on the Account. On receiving a stop payment instruction of an Instrument drawn on the Account, the Financial Institution will: a) use reasonable diligence to comply with the stop payment, but b) not be liable to the Depositor Trustee or any other person by reason of complying with, or failing to comply with, the stop payment, whether the Financial Institution is negligent, wilfully negligent, or otherwise.

Stop Payment. Any instruction to stop payment of an Instrument drawn on the Account must be in writing and signed by one or more Authorized Signatories and/or Authorized Users, in accordance with the signing authority on the AccountDepositor. On receiving a stop payment instruction of an Instrument drawn on the Account, the Financial Institution will: : a) use reasonable diligence to comply with the stop payment, but but b) not be liable to the Depositor or any other person by reason of complying with, or failing to comply with, the stop payment, whether the Financial Institution is negligent, wilfully willfully negligent, or otherwise.

Stop Payment. Any instruction to stop payment of an Instrument drawn on the Account must be in writing and signed by one or more Authorized Signatories and/or Authorized Users, in accordance with the signing authority on the AccountDepositor. On receiving a stop payment instruction of an Instrument drawn on the Account, the Financial Institution Credit Union will: a) use reasonable diligence to comply with the stop payment, but b) not be liable to the Depositor or any other person by reason of complying with, or failing to comply with, the stop payment, whether the Financial Institution Credit Union is negligent, wilfully negligent, or otherwise.

Stop Payment. Any instruction to stop payment of an Instrument drawn on the Account must be in writing and signed by one or more Authorized Signatories and/or Authorized Users, in accordance with the signing authority on the AccountDepositor. On receiving a stop payment instruction of an Instrument drawn on the Account, the Financial Institution will: : a) use reasonable diligence to comply with the stop payment, but but b) not be liable to the Depositor or any other person by reason of complying with, or failing to comply with, the stop payment, whether the Financial Institution is negligent, wilfully negligent, or otherwise.

Stop Payment. Any instruction to stop payment of an Instrument drawn on the Account must be in writing and signed by one or more Authorized Signatories and/or Authorized Users, in accordance with the signing authority on the Account. On receiving a stop payment instruction of an Instrument drawn on the Account, the Financial Institution DUCA will: a) use reasonable diligence to comply with the stop payment, but b) not be liable to the Depositor Member or any other person by reason of complying with, or failing to comply with, the stop payment, whether the Financial Institution DUCA is negligent, wilfully willfully negligent, or otherwise.