Common use of General Security Clause in Contracts

General Security. 8.1 You hereby acknowledge that unauthorized access to the vPayment Account(s) enables misuse of the Virtual Cards. You must therefore take and maintain the necessary and appropriate measures to exclude the risk of unauthorized access to the vPayment Account, and any unauthorized use. This will include, in particular, compliance with all obligations to cooperate and exercise due care stipulated in these vPayment T&Cserms and Conditions. 8.2 Notwithstanding the terms above, you: (a) will ensure that (Sub-)Administrators are selected, instructed and monitored carefully; (b) will ensure Login Data is stored with reasonable care and is only made accessible to (Sub-) Administrators; (c) must protect the Virtual Cards against unauthorized access and may only disclose the same to authorized End Users in a secure manner; (d) must take and maintain all necessary and appropriate measures to exclude the risk of unauthorized access to the vPayment Account and the Virtual Cards; (e) must know, at all times, who has access to the Login Data and Virtual Cards, must document who uses the Virtual Cards for which Transactions, and must provide this documentation to us immediately upon our request; (f) will ensure that the (Sub-)Administrators and End Users are entitled to use the vPayment Account(s) or Virtual Cards, that such individuals have been contractually obliged to comply with the vPayment T&Cs, and that such individuals comply with the vPayment T&Cs. We will not be answerable for your internal instructions; (g) will be responsible for the security of information on devices used in connection with the vPayment Account, and will only work with software from a trusted source; (h) will not leave the devices unattended and will protect them against third-party access through access protection by means of a strong password, which must be kept secret, or equivalent technology; (i) will minimize the risk of unauthorized access to devices through the use of suitable protective measures. In particular, you will keep the original operating system and browser up to date at all times and will take the relevant security precautions customary for electronic networks in accordance with the latest technological standards, in particular by using antivirus programs kept up to date and installing a firewall; (j) will notify us immediately if Transactions have been executed, or if a statement amount has not been paid in full, and yet no monthly statement has been received for more than six (6) weeks; (k) will compare the statements upon receipt and will notify us of any discrepancies (in particular Charges arising from unauthorized use of the vPayment Account) [by phone immediately upon discovery, and in writing within thirty (30) days from the statement date (postmark date) at the latest]. Otherwise, the statements will be assumed to be correct. If you are asked to submit a claim/disputed Transaction form, this must be completed [within ten (10) days following the request and must be returned signed to us (date of postmark)]. A direct debit that is declined or revoked, or which fails for any other reason, will not release you from the obligation to check the monthly statement and raise any objections; (l) will notify us immediately, in writing or in any other manner accepted by us, of any changes to the details provided in the application, for example changes of name and address and any change of beneficial owner. Communications and statements sent by us to the last known delivery address are deemed duly delivered; (m) will issue binding instructions to the (Sub-)Administrators and End Users to cease using the vPayment Account(s) and Virtual Cards following their departure or after the internal authorization is revoked; (n) will inform us immediately about the departure of Administrators or any revocation of their authorization, and will delete related vPayment user accounts and block the Virtual Cards within the vPayment Account(s); (o) will monitor use of the vPayment Account(s) and use of the Virtual Cards within the vPayment user accounts; (p) will notify us immediately by phone in the case of actual or suspected loss, theft or misuse of the Login Data and/or Virtual Cards and will delete the Virtual Cards in question within the vPayment Account. If a loss is incurred, you must, to the best of your ability, cooperate in resolving the matter and in minimizing the loss; and (q) where the vPayment Account(s) is blocked/canceled, notify the acceptance points at which the vPayment Account(s) has been specified as a means of payment for recurring services about the vPayment Account(s) being blocked/canceled.

General Security. 8.1 You hereby acknowledge that unauthorized access to the vPayment Account(s) enables misuse of the Virtual Cards. You must therefore take and maintain the necessary and appropriate measures to exclude the risk of unauthorized access to the vPayment Account, and any unauthorized use. This will include, in particular, compliance with all obligations to cooperate and exercise due care stipulated in these vPayment T&Cserms and ConditionsT&Cs. 8.2 Notwithstanding the terms above, you: (a) will ensure that (Sub-)Administrators are selected, instructed and monitored carefully; (b) will ensure Login Data is stored with reasonable care and is only made accessible to (Sub-) Administrators; (c) must protect the Virtual Cards against unauthorized access and may only disclose the same to authorized End Users in a secure manner; (d) must take and maintain all necessary and appropriate measures to exclude the risk of unauthorized access to the vPayment Account and the Virtual Cards; (e) must know, at all times, who has access to the Login Data and Virtual Cards, must document who uses the Virtual Cards for which Transactions, and must provide this documentation to us immediately upon our request; (f) will ensure that the (Sub-)Administrators and End Users are entitled to use the vPayment Account(s) or Virtual Cards, that such individuals have been contractually obliged to comply with the vPayment T&Cs, and that such individuals comply with the vPayment T&Cs. We will not be answerable for your internal instructions; (g) will be responsible for the security of information on devices used in connection with the vPayment Account, and will only work with software from a trusted source; (h) will not leave the devices unattended and will protect them against third-party access through access protection by means of a strong password, which must be kept secret, or equivalent technology; (i) will minimize the risk of unauthorized access to devices through the use of suitable protective measures. In particular, you will keep the original operating system and browser up to date at all times and will take the relevant security precautions customary for electronic networks in accordance with the latest technological standards, in particular by using antivirus programs kept up to date and installing a firewall; (j) will notify us immediately if Transactions have been executed, or if a statement amount has not been paid in full, and yet no monthly statement has been received for more than six (6) weeks; (k) will compare the statements upon receipt and will notify us of any discrepancies (in particular Charges arising from unauthorized use of the vPayment Account) [by phone immediately upon discovery, and in writing within thirty (30) days from the statement date (postmark date) at the latest]. Otherwise, the statements will be assumed to be correct. If you are asked to submit a claim/disputed Transaction form, this must be completed [within ten (10) days following the request and must be returned signed to us (date of postmark)]. A direct debit that is declined or revoked, or which fails for any other reason, will not release you from the obligation to check the monthly statement and raise any objections; (l) will notify us immediately, in writing or in any other manner accepted by us, of any changes to the details provided in the application, for example changes of name and address and any change of beneficial owner. Communications and statements sent by us to the last known delivery address are deemed duly delivered; (m) will issue binding instructions to the (Sub-)Administrators and End Users to cease using the vPayment Account(s) and Virtual Cards following their departure or after the internal authorization is revoked; (n) will inform us immediately about the departure of Administrators or any revocation of their authorization, and will delete related vPayment user accounts and block the Virtual Cards within the vPayment Account(s); (o) will monitor use of the vPayment Account(s) and use of the Virtual Cards within the vPayment user accounts; (p) will notify us immediately by phone in the case of actual or suspected loss, theft or misuse of the Login Data and/or Virtual Cards and will delete the Virtual Cards in question within the vPayment Account. If a loss is incurred, you must, to the best of your ability, cooperate in resolving the matter and in minimizing the loss; and (q) where the vPayment Account(s) is blocked/canceled, notify the acceptance points at which the vPayment Account(s) has been specified as a means of payment for recurring services about the vPayment Account(s) being blocked/canceled.

General Security. 8.1 You hereby acknowledge that unauthorized access to the vPayment Account(s) enables misuse of the Virtual Cards. You must therefore take and maintain the necessary and appropriate measures to exclude the risk of unauthorized access to the vPayment Account, and any unauthorized use. This will include, in particular, compliance with all obligations to cooperate and exercise due care stipulated in these vPayment T&Cserms and ConditionsT&Cs. 8.2 Notwithstanding the terms above, you: (a) will ensure that (Sub-)Administrators are selected, instructed and monitored carefully; (b) will ensure Login Data is stored with reasonable care and is only made accessible to (Sub-) Administrators; (c) must protect the Virtual Cards against unauthorized access and may only disclose the same to authorized End Users in a secure manner; (d) must take and maintain all necessary and appropriate measures to exclude the risk of unauthorized access to the vPayment Account and the Virtual Cards; (e) must know, at all times, who has access to the Login Data and Virtual Cards, must document who uses the Virtual Cards for which Transactions, and must provide this documentation to us immediately upon our request; (f) will ensure that the (Sub-)Administrators and End Users are entitled to use the vPayment Account(s) or Virtual Cards, that such individuals have been contractually obliged to comply with the vPayment T&Cs, and that such individuals comply with the vPayment T&Cs. We will not be answerable for your internal instructions; (g) will be responsible for the security of information on devices used in connection with the vPayment Account, and will only work with software from a trusted source; (h) will not leave the devices unattended and will protect them against third-party access through access protection by means of a strong password, which must be kept secret, or equivalent technology; (i) will minimize the risk of unauthorized access to devices through the use of suitable protective measures. In particular, you will keep the original operating system and browser up to date at all times and will take the relevant security precautions customary for electronic networks in accordance with the latest technological standards, in particular by using antivirus programs kept up to date and installing a firewall; (j) will notify us immediately if Transactions have been executed, or if a statement amount has not been paid in full, and yet no monthly statement has been received for more than six (6) weeks; (k) will compare the statements upon receipt and will notify us of any discrepancies (in particular Charges arising from unauthorized use of the vPayment Account) [by phone immediately upon discovery, and in writing within thirty (30) days from the statement date (postmark date) at the latest]. Otherwise, the statements will be assumed to be correct. If you are asked to submit a claim/disputed Transaction form, this must be completed [within ten (10) days following the request and must be returned signed to us (date of postmark)]. A direct debit that is declined or revoked, or which fails for any other reason, will not release you from the obligation to check the monthly statement and raise any objections; (l) will notify us immediately, in writing or in any other manner accepted by us, of any changes to the details provided in the application, for example changes of name and address and any change of beneficial owner. Communications and statements sent by us to the last known delivery address are deemed duly delivered; (m) will issue binding instructions to the (Sub-)Administrators and End Users to cease using the vPayment Account(s) and Virtual Cards following their departure or after the internal authorization is revoked; (n) will inform us immediately about the departure of Administrators or any revocation of their authorization, and will delete related vPayment user accounts and block the Virtual Cards within the vPayment Account(s); (o) will monitor use of the vPayment Account(s) and use of the Virtual Cards within the vPayment user accounts;; 40445_AMEX_vPayment_Terms and Conditions_Other Markets_03_2022 (p) will notify us immediately by phone in the case of actual or suspected loss, theft or misuse of the Login Data and/or Virtual Cards and will delete the Virtual Cards in question within the vPayment Account. If a loss is incurred, you must, to the best of your ability, cooperate in resolving the matter and in minimizing the loss; and (q) where the vPayment Account(s) is blocked/canceled, notify the acceptance points at which the vPayment Account(s) has been specified as a means of payment for recurring services about the vPayment Account(s) being blocked/canceled.

General Security. 8.1 You hereby acknowledge that unauthorized access to the vPayment Account(s) enables misuse of the Virtual Cards. You must therefore take and maintain the necessary and appropriate measures to exclude the risk of unauthorized access to the vPayment Account, and any unauthorized use. This will include, in particular, compliance with all obligations to cooperate and exercise due care stipulated in these vPayment T&Cserms and Conditions. 8.2 Notwithstanding the terms above, you: (a) will ensure that (Sub-)Administrators are selected, instructed and monitored carefully; (b) will ensure Login Data is stored with reasonable care and is only made accessible to (Sub-) Administrators; (c) must protect the Virtual Cards against unauthorized access and may only disclose the same to authorized End Users in a secure manner; (d) must take and maintain all necessary and appropriate measures to exclude the risk of unauthorized access to the vPayment Account and the Virtual Cards; (e) must know, at all times, who has access to the Login Data and Virtual Cards, must document who uses the Virtual Cards for which Transactions, and must provide this documentation to us immediately upon our request; (f) will ensure that the (Sub-)Administrators and End Users are entitled to use the vPayment Account(s) or Virtual Cards, that such individuals have been contractually obliged to comply with the vPayment T&Cs, and that such individuals comply with the vPayment T&Cs. We will not be answerable for your internal instructions; (g) will be responsible for the security of information on devices used in connection with the vPayment Account, and will only work with software from a trusted source; (h) will not leave the devices unattended and will protect them against third-party access through access protection by means of a strong password, which must be kept secret, or equivalent technology; (i) will minimize the risk of unauthorized access to devices through the use of suitable protective measures. In particular, you will keep the original operating system and browser up to date at all times and will take the relevant security precautions customary for electronic networks in accordance with the latest technological standards, in particular by using antivirus programs kept up to date and installing a firewall; (j) will notify us immediately if Transactions have been executed, or if a statement amount has not been paid in full, and yet no monthly statement has been received for more than six (6) weeks; (k) will compare the statements upon receipt and will notify us of any discrepancies (in particular Charges arising from unauthorized use of the vPayment Account) [by phone immediately upon discovery, and in writing within thirty (30) days from the statement date (postmark date) at the latest]. Otherwise, the statements will be assumed to be correct. If you are asked to submit a claim/disputed Transaction form, this must be completed [within ten (10) days following the request and must be returned signed to us (date of postmark)]. A direct debit that is declined or revoked, or which fails for any other reason, will not release you from the obligation to check the monthly statement and raise any objections; (l) will notify us immediately, in writing or in any other manner accepted by us, of any changes to the details provided in the application, for example changes of name and address and any change of beneficial owner. Communications and statements sent by us to the last known delivery address are deemed duly delivered; (m) will issue binding instructions to the (Sub-)Administrators and End Users to cease using the ; implement your vPayment Account(s) to enable the vPayment Facilitator’s user account on the your behalf solely in accordance with the terms of this vPayment T & Cs. 9.3 You acknowledge and Virtual Cards following their departure agree that the vPayment Facilitator and Travel Services Provider, as applicable, are your ’s agent(s) acting on your behalf at your request and that you are liable for all Transactions initiated or after Charges made by the internal authorization is revoked; (n) will inform us immediately about the departure of Administrators or any revocation of their authorizationvPayment Facilitator and Travel Services Provider, and will delete related vPayment user accounts and block the Virtual Cards within the as applicable, using Your vPayment Account(s);. (o) will monitor use 9.4 You acknowledge and agree that we are not responsible for any negligence, fraud or willful misconduct of either the Travel Services Provider, as applicable, or the vPayment Account(s) and use of Facilitator and/or its employees, subcontractors or agents in connection upon accessing or using the Virtual Cards within the vPayment user accounts; (p) will notify us immediately by phone in the case of actual or suspected loss, theft or misuse of the Login Data and/or Virtual Cards and will delete the Virtual Cards in question within the Your vPayment Account. If a loss is incurredThis authorization may be revoked by you at any time upon receipt from us of written notice from you. You shall be liable for any actiontaken by the vPayment Facilitator or Travel Services Provider, you mustas applicable, including any Transactions, prior to the best effective date of your ability, cooperate in resolving the matter and in minimizing the loss; and (q) where the vPayment Account(s) is blocked/canceled, notify the acceptance points at which the vPayment Account(s) has been specified as a means of payment for recurring services about the vPayment Account(s) being blocked/canceledsuch revocation.