Common use of DOWNLOAD SERVICE Clause in Contracts

DOWNLOAD SERVICE. The Download Service is compatible with certain financial management software programs (“Programs”). Bank will not control or oversee any administrator, user or similar function that may be made available through the Programs. The fact that Bank is, or may be made aware of, or could have discovered, any limitation on access to the Download Service as imposed by Client through the Programs, or otherwise, does not make Bank obligated to enforce or attempt to enforce any limitation. Client understands that the Program(s) may be utilized without regard to any restrictions otherwise applicable to an Account. For example, the Program(s) may be utilized regardless of whether an individual user is also an authorized signer on Client’s Account signature card. Access to Account Data. Client can download balance and other Account information through the Download Services. Since certain information and transactions are not processed by Bank until after the close of Bank’s business day, some transactions may not be reflected in the System until the next banking day. Posted items may be reversed due to insufficient funds, stop payment orders, legal process, and other reasons. Certain balances also may not be subject to immediate withdrawal. Bank assumes no responsibility for any loss arising from incomplete information or for any temporary interruption in the System, or unauthorized access to information once it has been accessed by the Program(s).

Appears in 5 contracts

Samples: Management Services Agreement, Management Services Agreement, www.mechanicsbank.com

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