2000-047 Council Resolution - Laserfiche WebLink

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v ' 12. Foreign Currency. If any Payment Order requests payment in United States dollars to a foreign country, or if Bank refunds to Customer any amount in respect of a Payment Order payable in a foreign currency, such payment or refund may at Bank's option be converted to or from the applicable foreign currency from or to United States dollars at the prevailing rate of exchange at the time of such payment or refund. 13. Fees. Customer agrees to pay Bank all fees for funds transfer services rendered to Customer at the rates from time to time in effect at Bank for such. Bank may deduct such fees from any Covered Account or any other deposit account of Customer at Bank. 14. Termination. Either Customer or Bank may terminate this Agreement upon written notice to the other; provided, however, that such notice shall not be effective with respect to the exercise of any powers or authorities by Bank prior to the receipt of such notice and then not until the expiration of a reasonable time thereafter for Bank to act thereon; and provided, further, that the obligations of Customer to Bank contained in Sections 6, 10, and 11 above shall survive termination of this Agreement. 15. Notice. Except as otherwise provided in this Agreement, all notices or other communications required under this Agreement shall be in writing and may be personally served or sent by United States mail and shall be deemed given when delivered in person or upon deposit in the United States mail, postage prepaid, addressed as follows: if to Customer, at the address listed for Customer in the most current Supplement on file at Bank; if to Bank, addressed c/o Funds Transfer Department, 777 East Wisconsin Avenue, Milwaukee, Wisconsin 53202; or such other address as such party shall have given the other in writing for purposes of notice. 16. Binding Effect. This Agreement shall bind and benefit the parties and their respective successors and assigns. None of the terms of this Agreement may be waived except as Bank may consent thereto in writing. Bank may amend any of the terms of this Agreement upon notice to Customer. No delay on the part of Bank in exercising any right, power, or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any right, power, or privilege hereunder preclude other or further exercise thereof or the exercise of any other right, power, or privilege. The rights and remedies specified herein are cumulative and are not exclusive of any rights or remedies which Bank would otherwise have. 17. Governing Law; Severability. This Agreement shall be governed by and construed in accordance with the law of the state where Bank's main office is located, except to the extent superseded by Federal law; provided, however, that with respect to any funds transfer any part of which is carried out through Fedwire, Customer acknowledges that the rights ani obligations of Customer and Bank are governed by the Fedwire Regulation. Any provision of this Agreement which may prove unenforceable under such law shall be ineffective to the extent of such provision, without invalidating the remainder of such provision or the remaining provisions of this Agreement. 18. Entire Agreement. This Agreement supersedes all previous agreements and understandings, either written or oral, between Customer and Bank respecting any Payment Order hereinafter issued by Customer. 30-1214 3/99