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55A - RESO - DEPOSITORY SRVS
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12/15/2015
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55A - RESO - DEPOSITORY SRVS
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Last modified
12/10/2015 4:56:37 PM
Creation date
12/10/2015 4:25:50 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
55A
Date
12/15/2015
Destruction Year
2020
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The Warranty and Limitation o/ Liability provisions m these Service Terms and the Account Documentation awapplicable tv/h* <br />services provided under these Service Terms are subpect to the following and only apply to the extent permitted by law <br />Notwithstanding this Agreement, consumers may have tire benefit °fcertain rights arid remedies pursuant #a the 'Trade <br />Practices Act 1o/4(cm) and similar stale laws in, Australia io respect of which liability may not h* excluded If so, thert to the <br />maximum wm*otpe,mNmd by mw, such liability is limited, at the Bank's option, in tire case of goods to either bV replacement of the <br />goods� or (b> correction of defects in the goods: and in the case of services to either lad re-supply of the services; or lb} the cost of <br />re-supply n[ the oomiowx," <br />2 New Zealand <br />V the C is acquiring software N New Zealand, the Customer c*oWm"«kis acquiring the software for the purposes n|a <br />business (as that term is defined in the Consumer Guarantees Act 1993), and that the Consumer Guarantees Act does not apply ,o <br />the software <br />Miscellaneous. The following provision shall apply if, despite the terms of there Service Terms and the Account Documentation as <br />applicable to the services provided under these Service Terms, the proper law ,[ these Service Terms is the law )o force |nuo <br />Australian jurnuhidiron: <br />The Limitation W Liability provisions o/ these Service Tamo and the Account Documentation ns applicable mthe <br />services provided under these Service Terms are subirart to the following arid only apply to the extent permitted by low, <br />'Notwithstanding anything in these Service Terms and the Account Documentation as applicable to the services provided under <br />these Service Terms, a customer may have the benefit of call rights arid remedies pursuant to the Trade Prartfices Act (Gin) and <br />similar state laws In Australia in respect of which liability may not be excluded If so then to the maximum extent permitted by law, <br />such liability is firnited, at the Bank's option to (a) re-supply of the Service� or (b) the cost of re-supply of the Service " <br />B, Crunbodur — See former Paragraphs 1, and M hetern. <br />C Peoples Republic of China — See further Paragraphs L and M herein <br />The Customer agrees that. {i/ the Bank shall m,|iableonly for direct damages that are the result v| its failure to exercise ordinary care m <br />its wiNo|miroondom; and m the maximum extent permitted by law, (i the not moliable for incidental, indirect, special "r <br />consequential damages, regardless of the form of action and even if the Bank ties heart advised of the possibility of such damages <br />Nothing |o these general terms shall limit any parry's lialsility for death or personal injury caused by negligence of that party W its <br />enriployeres or for fraud <br />Notwithstanding any other provision to the contrary, where an overdraft condition may exist, to the extent founnuted by law (including the <br />law where the Customer w.op pe4}thw8mmkmayd"bit tire Cugvm*r Account even though the debit may bring hvv increase <br />an overdraft o| any debit to the Customer Account brings about or increases an overdraft, such: overdraft shall ue immediately due and <br />payable, to the extent permitted by law (including the law where the Customer is incorporated), without further notice or demand <br />The Customer represents mm prior mwl:m&ng any document man designates the persons autionzed m act on the Customer's behaV. <br />|no|o*ng, but not limited x/a security administrator resignation form, the Customer shall obtain from each individual referred mmsuch <br />document all necessary consents to enable the Bank to process the data set out theneirt for the purposes of providing the Service <br />Rules, <br />not having the force of law, including without inination rules from firoe to time made by the People's Bank of China and all deenminabutis <br />made thereunder) from time to time appillyring or relating to any or all of tire Accounts andlor deposits the Customer may place with or <br />through Vie Bank The Bank has the vighl, without pilot noses, to the C usiomer (or upon notice, it a pror notice is required by law), to do <br />such acts, deeds and things and adopt such practices as the Bank may in its absolute dirscrabon consider nernessiry at appropriate to <br />ensure due compliance with or implementation of any of all of such laws, rules and regulations notwithstanding any contrary provisions <br />of the Account Terms and the Account Application forms. The Customer further agrees to abide by arid comply with such prairrifices(s) as <br />the Bank may from time to time in its absoline discretion adopt in connection with such compliance or implementation <br />D Hong Kong — See twiner Paragraph L herein. <br />Nothing in these Service Terms kall hirril any party's |iabil injury caused hy negligence of that party u/19 <br />employees or for fraud, Any cormactual limitation of rablidy shall be modified so that mich provision shall be applicable to the services <br />provided hereunder to the maximum extent permitted by law <br />The Customer represents that prior that designates the persons authorized w act art the Customer's behalf, <br />including but not limited ma security administrator uonignamvform, the Customer shall obtain from each indivd"m| referred uoinsuch <br />document all accessory consents to enable the Bank to process the data set out therein far the purposes of providing the Service <br />E India ~ See further Paragraphs L and mherein <br />���� <br />��� ���� <br />Um�K <br />
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