Common use of Telephone Instructions Clause in Contracts

Telephone Instructions. Any verbal instructions given by the Borrower in relation to this Financing Commitment shall be at the risk of the Borrower, and CIBC shall have no liability for any error or omission in such verbal instructions or in the interpretation or execution thereof by CIBC provided CIBC acted without gross negligence in the circumstances.

Appears in 4 contracts

Sources: Financing Commitment (Carbon Energy Corp), Financing Commitment (Evergreen Resources Inc), Financing Commitment (Carbon Energy Corp)