Authorization Controls Sample Clauses

Authorization Controls. Customer shall be able to request in writing authorization controls (“Controls”) for all the Program Fleets on a form substantially the same form as Exhibit B attached hereto. Such Controls will be mutually agreed upon by PHH and WEX, and will be applied selectively to each Program Fleet account (“Account”) designated by Customer. Such Controls will enable Customer to restrict the Accounts as to daily transaction limits per Card at fuel merchants. If any such Controls are exceeded in an Account, subsequent transactions will be declined. Customer understands and acknowledges that only transactions submitted to WEX for authorization are subject to Controls and that any transaction which exceed the limits set forth by Customer will be declined and the driver will have to use another form of payment to complete the transaction. WEX reserves the right to modify Controls upon notice to Customer when such Controls, in WEX’s reasonable opinion, are set at such a level where they are ineffective and not in accordance with the goals of the authorization control program. WEX will not be liable for any merchant’s refusal to honor the Card, regardless of the reason. If Customer has a specific Program Fleet customer who requires different Controls for their Account, and wishes to allow that Program Fleet unique Controls, Customer shall make such request to WEX in a format and on a form mutually agreed upon by the parties (“Form”). Such Form must be signed by Customer and faxed to WEX. WEX and Customer agree that such Form will, if accepted by Customer, be binding to both WEX and Customer and will constitute the “best evidence” for evidentiary purposes. Furthermore, Customer agrees to communicate any Controls placed upon Accounts to its Program Fleets whether standard or otherwise. Customer agrees that WEX will not be liable to Customer for any loss, liability, or damage Customer or any Program Fleet suffers which arises from, are related to, or in any way are connected with any Control WEX implements pursuant to this Agreement, except to the proportional extent of WEX’s negligence. WEX shall not be responsible for the choice of any particular Control level selected by Customer or a Program Fleet. The existence and/or use of Controls shall not affect the liability of Customer for unauthorized use of the Card. Customer remains liable for transactions with unreported lost or stolen cards and/or card numbers and driver ID numbers. Customer shall remain responsible to review...
AutoNDA by SimpleDocs
Authorization Controls. We ensure that only authorized users have access to data by doing the following:
Authorization Controls. A least-privilege concept such that users are only allowed to use or access functions for which they have been given authorization shall be available.

Related to Authorization Controls

  • Authorization, Etc This Agreement and the Notes have been duly authorized by all necessary corporate action on the part of the Company, and this Agreement constitutes, and upon execution and delivery thereof each Note will constitute, a legal, valid and binding obligation of the Company enforceable against the Company in accordance with its terms, except as such enforceability may be limited by (i) applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).

  • Power; Authorization Such Investor has all requisite power and authority to execute and deliver this Agreement. This Agreement, when executed and delivered by such Investor, will constitute a valid and legally binding obligation of such Investor, enforceable in accordance with its respective terms, except as: (a) limited by applicable bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting enforcement of creditors’ rights generally; and (b) limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies.

  • Authorization; Approvals The issuance of the Policy and the execution, delivery and performance of this Agreement and the Insurance Agreement have been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings with any governmental agency or other governmental authority, or any approval of the Insurer’s board of directors or stockholders, are necessary for the Policy, this Agreement and the Insurance Agreement to constitute the legal, valid and binding obligations of the Insurer.

  • Governmental Authorizations; Private Authorizations; Governmental Filings The Borrower has obtained, maintained and kept in full force and effect all Governmental Authorizations and Private Authorizations which are necessary for it to properly carry out its business, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect, and made all material Governmental Filings necessary for the execution and delivery by it of the Facility Documents to which it is a party, the Borrowings by the Borrower under this Agreement, the pledge of the Collateral by the Borrower under this Agreement and the performance by the Borrower of its obligations under this Agreement, the other Facility Documents, and no material Governmental Authorization, Private Authorization or Governmental Filing which has not been obtained or made, is required to be obtained or made by it in connection with the execution and delivery by it of any Facility Document to which it is a party, the Borrowings by the Borrower under this Agreement, the pledge of the Collateral by the Borrower under this Agreement or the performance of its obligations under this Agreement and the other Facility Documents to which it is a party.

  • Authorization; Contravention The execution, delivery and performance by the Fund of this Agreement and each Related Document are within the Fund’s powers, have been duly authorized by all necessary action, require no action by or in respect of, or filing with, any governmental body, agency or official except such as have been taken or made and do not violate or contravene, or constitute a default under, any provision of applicable law, charter, ordinance or regulation or of any material agreement, judgment, injunction, order, decree or other instrument binding upon the Fund or result in the creation or imposition of any lien or encumbrance on any asset of the Fund.

  • Organizational Power; Authorization The execution, delivery and performance by each Loan Party of the Loan Documents to which it is a party are within such Loan Party’s organizational powers and have been duly authorized by all necessary organizational, and if required, shareholder, partner or member, action. This Agreement has been duly executed and delivered by the Borrower, and constitutes, and each other Loan Document to which any Loan Party is a party, when executed and delivered by such Loan Party, will constitute, valid and binding obligations of the Borrower or such Loan Party (as the case may be), enforceable against it in accordance with their respective terms, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting the enforcement of creditors’ rights generally and by general principles of equity.

  • Authorization; Consents The execution, delivery and performance by the Allocatee of the Allocation Agreement and the carrying out of the authorized use(s) of the NMTC Allocation provided hereunder are within the Allocatee’s powers and have been duly authorized by all necessary corporate, partnership or limited liability company action and no consent, approval, authorization or order of, notice to and filing with, any third party including, without limitation, any governmental entity which has not been previously obtained, is required in connection with such execution, delivery and performance. The Allocatee will make all such notices or filings that may be required after the Allocation Date in accordance with the applicable time periods for such notices or filings.

  • Authorization, Approval, etc No authorization, approval, or other action by, and no notice to or filing with, any governmental authority, regulatory body or any other Person is required either

  • Corporate and Governmental Authorization; Contravention The execution, delivery and performance by the Borrower of this Agreement and the Notes are within the Borrower's corporate powers, have been duly authorized by all necessary corporate action, require no action by or in respect of, or filing with, any Governmental Agency and do not contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate of incorporation or by-laws of the Borrower or of any agreement, judgment, injunction, order, decree or other instrument binding upon the Borrower or result in the creation or imposition of any Lien on any asset of the Borrower or any of its Subsidiaries.

  • AUTHORIZATION AND CONSENT The Government has given its authorization and consent for all use and manufacture of any invention described in and covered by a patent of the United States in the performance of this Agreement or any part hereof or any amendment hereto or any subcontract hereunder (including any lower-tier subcontract) which is expected to exceed $100,000.

Time is Money Join Law Insider Premium to draft better contracts faster.