eet g ie tite meat 6.1 The Corporation waives in favour of the Bank presentment, notice of dishonour and protest of all bills of exchange, promissory notes, cheques, orders for payment of money, securities, coupons, notes (all or any of which are hereinafter collectively or separately referred to as "Instruments" or "Instrument" as the case may be) drawn, made, accepted or endorsed by the Corporation and now or hereafier delivered to the Bank at any of its branches or agencies for any purpose. The Corporation shall remain liable to the Bank as if presentment, notice of dishonour and protest had been duly made or given. Provided that the Bank may note or protest any Instrument because of any endorsement other than that of the Corporation or for any other reason if the Bank, in its discretion, considers it in the best interest of the Corporation or the Bank. The Bank will not, in any circumstances, be responsible or liable for failure or omission to note or protest any Instrument. . 6.2 The Bank may use the services of any bank or agent as it may deem advisable in connection with any banking business of the Corporation. Such bank or agent is deemed to be the agent of the Corporation and the Bank will not, in any circumstances, be responsible or liable to the Corporation by reason of any act or omission of such bank or agent, however caused, in the performance of such service or by reason of the loss, theft, destruction or delayed delivery of any Instrument while in transit to or from, or in the possession of such bank or agent. 6.3. The Bank is authorized to charge the account of the Corporation with the following: (a) the amount of any Instrument payable by the Corporation at any branch or agency of the Bank; (b) the amount of any Instrument cashed or negotiated by the Bank for the Corporation or credited to the account for which payment is not received by the Bank and with the amount of any other indebtedness or liability of the Corporation to the Bank. The Corporation is liable to the Bank for the amount charged and will pay on demand any overdraft, together with interest thereon at the interest rate charged by the Bank from time to time for overdrafts. Notwithstanding such charging, all rights and remedies of the Bank against all parties are preserved. No charging of unpaid Instrument shall be deerned to be payment of such Instruments; (c) waived (d) The agreed service charge for the operation of the account; (e) waived 6.4 The Corporation will draw encoded cheques only on the account for which the cheques are encoded. The Bank will not be liable in any circumstances for any loss or damage arising from wrongful acceptance of a cheque, or wrongful refusal by the Bank to honour a cheque, drawn by the Corporation on an account other than the account for which the cheque is encoded. 6.5 The Bank shall render each month (uniess otherwise instructed in writing ) to the Corporation a statement of its account together with cheques and other vouchers where applicable for arnounts charged to the said account. The Corporation will advise the Bank promptly if the monthly staternent has not been received within ten days of the cate upon which it is normally received. ITEM | PAGE |