Common use of Administrators and Users Clause in Contracts

Administrators and Users. 25.1 Pursuant to the procedure set forth by the Bank, the Customer shall register with the Bank administrators (each an “Administrator”) who use the Access Code (including OTP Tokens, etc.) and supervise Users (defined below) on behalf of the Customer. 25.2 Pursuant to the procedure set forth by the Bank, the Customer shall register with the Bank users who use the Access Code (including OTP Tokens, etc.) on behalf of the Customer (each a “User”). The Bank may, if necessary, disclose to the Users any information relating to the Services which the Bank has disclosed to the Administrators. 25.3 Neither Administrators nor Users shall use the Access Code (including OTP Tokens, etc.) jointly with others, or lend or transfer, etc. the same to others. 25.4 The Customer shall be responsible for the appointment of, and supervision over, the Administrators and the Users and shall take appropriate measures to prevent unauthorized access to the System by a person other than the Administrators and the Users. 25.5 Pursuant to the procedure set forth by the Bank, the Customer shall immediately notify the Bank of any change to the Administrators, the Users and the registration relating thereto. The Bank may deem the registration relating thereto as unchanged until the Bank completes the procedure for such change. The Users registered before the change of an Administrator shall not be affected by the change of such Administrator. 25.6 In addition to the signatures and authorities, etc. registered with the Bank, the Customer acknowledges and approves the powers and authorities given to the Administrators and Users under this Agreement.