Common use of Financial Information and Audit Clause in Contracts

Financial Information and Audit. Bank may from time to time request information from Customer in order to evaluate a continuation of the Service to be provided by Bank hereunder and/or adjustment of any limits set by this Agreement. Customer agrees to provide the requested financial information immediately upon request by Bank, in the form required by Bank. Customer authorizes Bank to investigate or reinvestigate at any time any information provided by Customer in connection with this Agreement or the Service. Upon request by Bank, Customer hereby authorizes Bank to enter Customer’s business premises for the purpose of ensuring that Customer is in compliance with this Agreement and Customer specifically authorizes Bank to perform an audit of Customer’s operational controls, risk management practices, staffing and the need for training and ongoing support, and information technology infrastructure. Customer hereby acknowledges and agrees that Bank shall have the right to mandate specific internal controls at Customer’s location(s) and Customer shall comply with any such mandate. In addition, Customer hereby agrees to allow Bank to review available reports of independent audits performed at the Customer location related to information technology, the Service and any associated operational processes. Customer agrees that if requested by Bank, Customer will complete a self-assessment of Customer’s operations, management, staff, systems, internal controls, training and risk management practices that would otherwise be reviewed by Bank in an audit of Customer. If Customer refuses to provide the requested financial information, or if Bank concludes, in its sole discretion, that the risk of Customer is unacceptable, if Customer violates this Agreement or the Rules, or if Customer refuses to give Bank access to Customer’s premises, Bank may terminate the Service and this Agreement according to the provisions hereof.

Financial Information and Audit. Bank may from time to time request information from Customer in order to evaluate a continuation of the Service to be provided by Bank hereunder and/or adjustment of any limits set by this Service Agreement. Customer agrees to provide the requested financial information immediately upon request by Bank, in the form required by Bank. Customer authorizes Bank to investigate or reinvestigate at any time any information provided by Customer in connection with this Service Agreement or the Service. Upon request by Bank, Customer hereby authorizes Bank to enter Customer’s business premises for the purpose of ensuring that Customer is in compliance with this Service Agreement and Customer specifically authorizes Bank to perform an audit of Customer’s operational controls, risk management practices, staffing and the need for training and ongoing support, and information technology infrastructure. Customer hereby acknowledges and agrees that Bank shall have the right to mandate specific internal controls at Customer’s location(s) and Customer shall comply with any such mandate. In addition, Customer hereby agrees to allow Bank to review available reports of independent audits performed at the Customer location related to information technology, the Service and any associated operational processes. Customer agrees that if requested by Bank, Customer will complete a self-assessment of Customer’s operations, management, staff, systems, internal controls, training and risk management practices that would otherwise be reviewed by Bank in an audit of Customer. If Customer refuses to provide the requested financial information, or if Bank concludes, in its sole discretion, that the risk of Customer is unacceptable, if Customer violates this Service Agreement or the Rules, or if Customer refuses to give Bank access to Customer’s premises, Bank may terminate the Service and this Service Agreement according to the provisions hereofprovisionshereof.

Financial Information and Audit. Bank may from time to time-to-time request information from Customer in order to evaluate a continuation of the Service to be provided by Bank hereunder and/or adjustment of any limits set by this Agreement. Customer agrees to provide the requested financial information immediately upon request by Bank, in the form required by Bank. Customer authorizes Bank to investigate or reinvestigate at any time any information provided by Customer in connection with this Agreement or the Service. Upon request by Bank, Customer hereby authorizes Bank to enter Customer’s business premises for the purpose of ensuring that Customer is in compliance with this Agreement and Customer specifically authorizes Bank to perform an audit of Customer’s operational controls, risk management practices, staffing and the need for training and ongoing support, and information technology infrastructure. Customer hereby acknowledges and agrees that Bank shall have the right to mandate specific internal controls at Customer’s location(s) and Customer shall comply with any such mandate. In addition, Customer hereby agrees to allow Bank to review available reports of independent audits performed at the Customer location related to information technology, the Service and any associated operational processes. Customer agrees that if requested by Bank, Customer will complete a self-assessment of Customer’s operations, management, staff, systems, internal controls, training and risk management practices that would otherwise be reviewed by Bank in an audit of Customer. If Customer refuses to provide the requested financial information, or if Bank concludes, in its sole discretion, that the risk of Customer is unacceptable, if Customer violates this Agreement or the Rules, or if Customer refuses to give Bank access to Customer’s premises, Bank may terminate the Service and this Agreement according to the provisions hereof.

Financial Information and Audit. Bank may from time to time request information from Customer in order to evaluate a continuation of the Service to be provided by Bank hereunder and/or adjustment of any limits set by this AgreementBooklet. Customer agrees to provide the requested financial information immediately upon request by Bank, in the form required by Bank. Customer authorizes Bank to investigate or reinvestigate at any time any information provided by Customer in connection with this Agreement or Booklet and the ServiceServices. Upon request by Bank, Customer hereby authorizes Bank to enter Customer’s business premises on reasonable notice for the purpose of ensuring that Customer is in compliance with the terms of this Agreement Booklet, applicable laws and regulations, and the National Automated Clearing House Association (NACHA) Rules and Customer specifically authorizes Bank to perform an audit of Customer’s operational controls, risk management practices, staffing and the need for training and ongoing support, compliance with the NACHA Rules and this Booklet, and information technology infrastructure. Customer hereby acknowledges and agrees that Bank shall have the right to mandate specific internal controls at Customer’s location(s) and Customer shall comply with any such mandate. In addition, Customer hereby agrees to allow Bank to review available reports of independent audits performed at the Customer location related to information technology, the Service Services and any associated operational processes. Customer agrees that if requested by Bank, Customer will complete a self-assessment of Customer’s operations, management, staff, systems, internal controls, training and risk management practices that would otherwise be reviewed by Bank in an audit of Customer. If Customer refuses to provide the requested financial information, or if Bank concludes, in its sole discretion, that the risk of Customer is unacceptable, if Customer violates this Agreement the Service terms and conditions or the Rules, or if Customer refuses to give Bank access to Customer’s premises, Bank may terminate the Service Services and this Agreement Booklet according to the provisions hereof.

Financial Information and Audit. Bank BND may from time to time request information from Customer in order to evaluate a continuation of the Service service to be provided by Bank BND hereunder and/or adjustment of any limits set by this Agreementagreement. Customer agrees to provide the requested financial information immediately upon request by BankBND, in the form required by BankBND. Customer authorizes Bank BND to investigate or reinvestigate at any time any information provided by Customer in connection with this Agreement agreement or the Serviceservice. Upon request by Bank, Customer hereby authorizes Bank BND to enter Customer’s 's business premises upon request by BND for the purpose of ensuring that Customer is in compliance with this Agreement and Agreement. Customer specifically authorizes Bank BND to perform an audit of Customer’s 's operational controls, risk management practices, staffing and the need for training and ongoing support, and information technology infrastructure. Customer hereby acknowledges and agrees that Bank BND shall have the right to mandate specific internal controls at Customer’s 's location(s) and Customer shall comply with any such mandate. In addition, Customer hereby agrees to allow Bank BND to review available reports of independent audits performed at the Customer location related to information technology, the Service service and any associated operational processes. Customer agrees that if requested by BankBND, Customer will complete a self-assessment of Customer’s 's operations, management, staff, systems, internal controls, training and risk management practices that would otherwise be reviewed by Bank BND in an audit of Customer. If Customer refuses to provide the requested financial information, or if Bank BND concludes, in its sole discretion, that the risk of Customer is unacceptable, if Customer violates this Agreement agreement or the Rulesrules, or if Customer refuses to give Bank BND access to Customer’s 's premises, Bank BND may terminate the Service service and this Agreement according to the provisions hereofAgreement.