Common use of Review of Reports Clause in Contracts

Review of Reports. It will be the responsibility of Participating Bank to maintain audit controls and/or procedures which may be required by supervisory authorities under regulations to which the Participating Bank is subject. Balancing of input totals to computer generated output totals will be the responsibility of Participating Bank, and Computer Center accepts no responsibility for the correctness of these totals. Computer Center will exercise reasonable care and diligence in maintaining controls over the Services rendered Pursuant to this Agreement.

Appears in 2 contracts

Samples: Data Processing Agreement (GBC Bancorp Inc), Data Processing Agreement (Greenville First Bancshares Inc)

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Review of Reports. It will be the responsibility of Participating Bank to maintain audit controls and/or procedures which may be required by supervisory authorities under regulations to which the Participating Bank is subject. Balancing of input totals to computer computate generated output totals will be the responsibility of Participating Bank, and Computer Center accepts no responsibility for the correctness of these totals. Computer Center will exercise reasonable care and diligence in maintaining controls over the Services rendered Pursuant to this Agreement.

Appears in 1 contract

Samples: Data Processing Agreement (Chestatee Bancshares Inc)

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Review of Reports. It will be the responsibility of Participating Bank to ----------------- maintain audit controls and/or procedures which may be required by supervisory authorities under regulations to which the Participating Bank is subject. Balancing of input totals to computer generated output totals will be the responsibility of Participating Bank, and Computer Center accepts no responsibility for the correctness of these totals. Computer Center will exercise reasonable care and diligence in maintaining controls over the Services rendered Pursuant pursuant to this Agreement.

Appears in 1 contract

Samples: Data Processing Agreement (Intercept Group Inc)

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