Merchant Credentials Sample Clauses
Merchant Credentials. 3.5.1 Merchant will maintain adequate security and control of all Merchant Credentials.
3.5.2 Merchant will immediately notify MontyPay in the event it comes to the Merchant knowledge that the Merchant Credentials have been compromised in any way.
Merchant Credentials. Merchant shall maintain the security of ▇▇▇▇▇▇▇▇’s log- in credentials to the PVM Marketplace. Merchant is responsible for any expense, loss, or liability caused by the loss or breach of those credentials.
Merchant Credentials. 3.4.1 Merchant will maintain adequate security and control of all Merchant Credentials.
3.4.2 Merchant will immediately notify MontyPay in the event it comes to the Merchant knowledge that the Merchant Credentials have been compromised in any way. 3.5 Merchant’s Relationship with MontyPay and MontyPay Part- ners 3.5.1 Merchant will not make any warranty or representation to any third party in relation to the Services which may bind MontyPay or make it liable in any way.
3.5.2 Merchant hereby authorizes MontyPay to transmit to the Mon- tyPay Partner(s) the Merchant Information required by the MontyPay Partner(s). MontyPay will assume no liability whatsoever for any con- sequences arising from, or errors, omissions, or misunderstandings that may occur with respect to such transmission. The Merchant holds full responsibility for the accuracy of all Merchant Information that MontyPay transmits to the MontyPay Partners.
3.5.3 Merchant understands and agrees that the commencement of Services delivery by MontyPay under this Agreement shall be contin- gent upon the Merchant's execution of a separate agreement with the MontyPay Partner(s) (the “Partner Agreement”) within five (5) Busi- ness Days as of the Effective Date. The Merchant understands that:
(a) the Partner Agreement constitutes a contractual relationship be- tween the MontyPay Partner and the Merchant, which is separate from the relationship between MontyPay and the Merchant; and (b) MontyPay assumes no liability for any breach of the Partner Agree- ment by MontyPay Partner. 3.5.4 MontyPay Partner may request the Merchant to initiate the process of opening a bank account with the MontyPay Partner. Mer- chant understands and agrees that (a) this Agreement, takes effect as of the Effective Date, regardless of any potential delay in the bank account opening process and (b) MontyPay is not under the obligation to offer assistance in the bank account opening procedure.
