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Agmt15 Wells Fargo Bank
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Agmt15 Wells Fargo Bank
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Last modified
8/27/2015 10:18:12 AM
Creation date
8/27/2015 10:16:26 AM
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Template:
Agreement
Contractor Name
Wells Fargo Bank
PROJECT NAME
Banking and Cash Management Services
RMP File Number
304
Date
8/26/2015
MO Ref
15-141
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. .. ._ _. � .. . ..� . ..r . <br /> for credit or refund resulting from a forged,unauthorized,or missing <br /> endorsement. Such notification is to be made by(i)calling the telephone <br /> number listed on the statement for Company's Account or in the other <br /> Account-Related Information for such purpose and (ii)submitting a written <br /> report to Bank as soon as possible,but,in any event, within the timeframes <br /> specified above.If Company fails to notify Bank within the timeframes <br /> specified above,the balance shown on the statement for Company's Account <br /> or other Account-Related Information will be conclusively <br /> presumed to be correct, and Company will be deemed to have released Bank <br /> from all liability for the Items charged to Company's Account and for all <br /> other transactions covered by the statement or other Account-Related <br /> Infortnation. In addition, if Company fails to notify Bank of an unauthorized <br /> transaction on Company's Account within thirty (30) days after Bank mails <br /> or otherwise makes the statement for Company's Account or other Account- <br /> Related Information describing the unauthorized transaction available to <br /> Company,Bank will not be liable to Company for any unauthorized <br /> transactions on Company's Account by the same person that could ha�e <br /> been prevented if Company had complied with Company's obligations <br /> under this subsection. If Company notifies Bank of any claim for credit or <br /> refund later than required by this subsection, Bank may assert, at Company's <br /> request and on Cornpany's behalf,any claim against a third party that Bank <br /> determines in Bank's sole discretion is permitted under the laws governing <br /> this Agreement or applicable rule. <br /> Returned,Unclaimed Statements or Other Account-Related Information. <br /> Unless otherwise prohibited by the laws governing this Agreement, (i)iftwo <br /> or more statements for Company's Account are returned, Bank may <br /> discontinue sending statements for Company's Account and other Account- <br /> Related Infornlation to Company until Company provides a valid address to <br /> Bank;(ii)Bank may destroy statements for Company's Account and other <br /> Account-Related Information that are sent to Company and returned to <br /> Bank as undeliverable; and (iii)if Bank holds the statement for Company's <br /> Account or other Account-Related Information for Company to pick up and <br /> the statement remains unclaimed for sixty(60) days,Bank may send the <br /> statement to the address reflected in Bank's records for Company's Account <br /> or destroy it. <br /> Address Changes for 5tatements for Company's Account and Other <br /> Account-Related Information. <br /> Company may instruct Bank to change the address to which Bank mails (or <br /> the means by which Bank otherwise makes available) statements for <br /> Company's Account and other Account-Related Information at any time. <br /> Bank may act on any such instruction purportedly made on Company's <br /> 12 <br />
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