Common use of Access Methods Clause in Contracts

Access Methods. Nodal shall provide to Participant, through such Participant’s Account Administrator(s), Access Methods for use by Participant’s Authorized Users. Participant shall notify Nodal of any change of Authorized Users or Account Administrators in accordance with the Rules. Participant shall not divulge, and shall not permit any other Person to divulge, any Access Methods to any Person other than an Account Administrator or an Authorized User. Participant is and shall remain fully responsible for (i) maintaining the confidentiality of Participant’s Access Methods, (ii) controlling and monitoring any use of any such Access Methods, (iii) all Transactions and other activities that occur through use of such Access Methods, and all charges resulting therefrom, whether or not such use is authorized by Participant, except to the extent that such unauthorized use is proximately caused by Nodal’s willful misconduct or negligence, and (iv) notifying Nodal immediately of any unauthorized use of Participant’s Access Methods or any other known or suspected breach of security relative to the System or the Services.

Access Methods. Nodal shall provide to Participant, through such Participant’s Account Administrator(s), Access Methods for use by Participant’s Authorized Users. Participant shall notify Nodal of any change of Authorized Users or Account Administrators in accordance with the Rules. Participant shall not divulge, and shall not permit any other Person to divulge, any Access Methods to any Person other than an Account Administrator or an Authorized User. Participant is and shall remain fully responsible for for (i) maintaining the confidentiality of Participant’s Access Methods, (ii) controlling and monitoring any use of any such Access Methods, (iii) all Transactions and other activities that occur through use of such Access Methods, and all charges resulting therefrom, whether or not such use is authorized by Participant, except to the extent that such unauthorized use is proximately caused by Nodal’s willful misconduct or negligence, and (iv) notifying Nodal immediately of any unauthorized use of Participant’s Access Methods or any other known or suspected breach of security relative to the System or the Services.