Common use of Access to the Service Using RBC Express Clause in Contracts

Access to the Service Using RBC Express. If the Customer is using RBC Express to access the Service: a) Royal Bank will assign Customer user verification data for the purposes of accessing the Service, which may include security codes, passwords, smartcards or similar user security data (“User Codes”). Procedures and specifications may accompany User Codes, and Customer will comply with all such procedures and specifications. b) Customer shall have in place adequate security procedures to ensure that User Codes will not be disclosed to any Person other than its authorized representatives who have been authorized by Royal Bank to use the Service. Customer shall prevent access to the Service by all other Persons. c) Customer shall promptly notify Royal Bank in writing of any loss, unauthorized disclosure or theft of any User Codes, the termination of employment or change in authorization of any of its authorized representatives, or if it has reason to believe that any User Codes may have been compromised. Customer will remain liable for all transactions and communications in connection with the User Codes until Customer has advised Royal Bank in writing to cancel the User Codes, and Royal Bank has had a reasonable opportunity to make the requested change.