Representations and Warranties Related to Trust Accounts Sample Clauses

Representations and Warranties Related to Trust Accounts. Political Organizations, and ERISA You acknowledge that inclusion of any account within a Service which is designated as a trust account, escrow account, “for the benefit of” account, political organization account (including, without limitation, a campaign committee account for a candidate for federal, state, or local office or a political action account) or account of similar designation, may result in access to such account (including use of the funds and access to information related to the beneficiaries of such account) by any user entitled to access the account within the applicable Service. You represent and warrant that this inclusion is not prohibited by any agreement applicable to the account or the funds therein, and does not violate any applicable law or any fiduciary or other duty that you may have with respect to the account. You assume all risks associated with including this type of account in a Service, and you shall indemnify and hold Bank harmless f rom any claims, judgments, damages, costs, liabilities, interests, losses or expenses, including reasonable attorneys’ fees and court costs and expenses, that arise directly or indirectly from including this type of account in a Service. You further represent and warrant that if any account that is subject to the Employee Retirement Income Security Act of 1974 (“ERISA) is included in a Service, you shall indemnify and hold Bank harmless from any liability for any loss of ERISA funds as a result of such inclusion.
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