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36. Court Application
If the Bank considers that it
is or may be or become subject to conflicting claims in respect
of funds held in an Account, the Bank may, in its absolute discretion,
take such steps as it may deem necessary (including taking legal
advice and making an application to the Court or other competent
authority in any jurisdiction) to safeguard its interests and
shall not in any event be liable for the consequences of complying
with any order of any Court or other competent authority. The
Bank shall be entitled, without liability to the Account Holder
pending determination of any such conflicting claim, to refuse
to pay or deliver to the Account Holder all or any part of the
funds held in the Account or to act in any other manner that
might prove to be improper upon the final determination of the
conflicting claims. The Bank shall be entitled to charge the
Account Holder with the amount of any legal or other costs incurred
by the Bank in safeguarding its interests as aforesaid.
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Applicable Law & Jurisdiction
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Conflicts of Interest
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