Common use of Secure tokens Clause in Contracts

Secure tokens. Secure tokens provide our clients with an additional layer of Online Banking security. We may at any time require you to use Secure Token(s) as a condition to access our Online Banking service. We reserve the right to suspend or limit your access to our Online Banking service until such Secure Tokens are being used. You and Your administrator(s) have the responsibility to ensure all appropriate users obtain a Secure Token. You agree to notify the Bank immediately of each loss or theft of a Secure Token, any unauthorized use of the Token, or any other breach of security. The Bank reserves the right to prevent your access to Online Banking should the Bank have reason to believe the confidentiality of your Token has been compromised. Spring Bank reserves the right to charge a fee for the replacement of a lost or stolen Token, as defined in the Service Fee Summary for Business Accounts We may dishonor or disable any Secure Token at any time and will inform you if we decide to do so. We may also issue additional or replacement Tokens from time to time and the Company, its Administrators and users shall follow the Bank’s instructions regarding the distribution, installation and use thereof.

Appears in 2 contracts

Sources: Business Online Banking Agreement, Business Online Banking Agreement

Secure tokens. Secure tokens provide our clients with an additional layer of Online Banking security. We may at any time require you to use Secure Token(s) as a condition to access our Online Banking service. We reserve the right to suspend or limit your access to our Online Banking service until such Secure Tokens are being used. You and Your your administrator(s) have the responsibility to ensure all appropriate users obtain a Secure Token. You agree to notify the Bank immediately of each loss or theft of a Secure Token, any unauthorized use of the Token, or any other breach of security. The Bank reserves the right to prevent your access to Online Banking should the Bank have of reason to believe the confidentiality of your Token has been compromised. Spring Bank reserves the right to charge a fee for the replacement of a lost or stolen Token, as defined in the Service Fee Summary for Business Accounts . We may dishonor or disable any Secure Token at any time and will inform you if we decide to do so. We may also issue additional or replacement Tokens from time to time and the Company, its Administrators and users shall follow the Bank’s instructions regarding the distribution, installation and use thereof.

Appears in 1 contract

Sources: Online Banking Agreement