Common use of Third Party Sender Clause in Contracts

Third Party Sender. Financial Institution may from time to time request information from Third-Party Sender in order to evaluate a continuation of the Service to be provided by Financial Institution hereunder and/or adjustment of any limits set by this Agreement. Third-Party Sender agrees to provide the requested financial information immediately upon request by Financial Institution, in the form required by Financial Institution. Third-Party Sender authorizes Financial Institution to investigate or reinvestigate at any time any information provided by Third-Party Sender in connection with this Agreement or the Service. Upon request by Financial Institution, Third-Party Sender hereby authorizes Financial Institution to enter Third-Party Sender’s business premises for the purpose of ensuring that Third-Party Sender is in compliance with this Agreement and Third-Party Sender specifically authorizes Financial Institution to perform an audit of Third-Party Sender’s operational controls, risk management practices, staffing and the need for training and ongoing support, and information technology infrastructure. Third-Party Sender hereby acknowledges and agrees that Financial Institution shall have the right to mandate specific internal controls at Third-Party Sender’s location(s) and Third-Party Sender shall comply with any such mandate. In addition, Third-Party Sender hereby agrees to allow Financial Institution to review available reports of independent audits performed at the Third-Party Sender location related to information technology, the Service and any associated operational processes. Third- Party Sender agrees that if requested by Financial Institution, Third-Party Sender will complete an assessment of Third-Party Sender’s operations, management, staff, systems, internal controls, training and risk management practices that would otherwise be reviewed by Financial Institution in an audit of Third-Party Sender. If Third-Party Sender refuses to provide the requested financial information, or if Financial Institution concludes, in its sole discretion, that the risk of Third-Party Sender is unacceptable, or if Third-Party Sender violates this Agreement or the Rules, or if Third-Party Sender refuses to give Financial Institution access to Third-Party Sender’s premises, Financial Institution may terminate the Service and this Agreement according to the provisions hereof.

Third Party Sender. Financial Institution may from time to time request information from Third-Party Sender in order to evaluate a continuation of the Service to be provided by Financial Institution hereunder and/or adjustment of any limits set by this Agreement. Third-Party Sender agrees to provide the requested financial information immediately upon request by Financial Institution, in the form required by Financial Institution. Third-Party Sender authorizes Financial Institution to investigate or reinvestigate at any time any information provided by Third-Party Sender in connection with this Agreement or the Service. Upon request by Financial Institution, Third-Party Sender hereby authorizes Financial Institution to enter Third-Party Sender’s business premises for the purpose of ensuring that Third-Party Sender is in compliance with this Agreement and Third-Party Sender specifically authorizes Financial Institution to perform an audit of Third-Party Sender’s operational controls, risk management practices, staffing and the need for training and ongoing support, and information technology infrastructure. Third-Party Sender hereby acknowledges and agrees that Financial Institution shall have the right to mandate specific internal controls at Third-Party Sender’s location(s) and Third-Party Sender shall comply with any such mandate. In addition, Third-Party Sender hereby agrees to allow Financial Institution to review available reports of independent audits performed at the Third-Party Sender location related to information technology, the Service and any associated operational processes. Third- Third-Party Sender agrees that if requested by Financial Institution, Third-Party Sender will complete an assessment of Third-Party Sender’s operations, management, staff, systems, internal controls, training and risk management practices that would otherwise be reviewed by Financial Institution in an audit of Third-Party Sender. If Third-Party Sender refuses to provide the requested financial information, or if Financial Institution concludes, in its sole discretion, that the risk of Third-Party Sender is unacceptable, or if Third-Party Sender violates this Agreement or the Rules, or if Third-Party Sender refuses to give Financial Institution access to Third-Party Sender’s premises, Financial Institution may terminate the Service and this Agreement according to the provisions hereof.

Third Party Sender. Financial Institution may from time to time request information from Third-Party Sender in order to evaluate a continuation of the Service to be provided by Financial Institution hereunder and/or adjustment of any limits set by this Agreement. Third-Party Sender agrees to provide the requested financial information immediately upon request by Financial Institution, in the form required by Financial Institution. Third-Party Sender authorizes Financial Institution to investigate or reinvestigate at any time any information provided by Third-Party Sender in connection with this Agreement or the Service. Upon request by Financial InstitutionBank, Third-Party Sender hereby authorizes Financial Institution Bank to enter Third-Party SenderXxxxxx’s business premises for the purpose of ensuring that Third-Party Sender is in compliance with this Agreement and Third-Party Sender specifically authorizes Financial Institution Bank to perform an audit of Third-Party Sender’s operational controls, risk management practices, staffing and the need for training and ongoing support, and information technology infrastructure. Third-Party Sender hereby acknowledges and agrees that Financial Institution Bank shall have the right to mandate specific internal controls at Third-Party Sender’s location(s) and Third-Party Sender shall comply with any such mandate. In addition, Third-Party Sender hereby agrees to allow Financial Institution Bank to review available reports of independent audits performed at the Third-Party Sender location related to information technology, the Service and any associated operational processes. Third- Third-Party Sender agrees that if requested by Financial InstitutionBank, Third-Party Sender will complete an a self-assessment of Third-Party Sender’s operations, management, staff, systems, internal controls, training and risk management practices that would otherwise be reviewed by Financial Institution Bank in an audit of Third-Party Sender. If Third-Party Sender refuses to provide the requested financial information, or if Financial Institution Bank concludes, in its sole discretion, that the risk of Third-Party Sender is unacceptable, or if Third-Party Sender violates violate this Agreement or the Rules, or if Third-Party Sender refuses to give Financial Institution Bank access to Third-Party Sender’s premises, Financial Institution Bank may terminate the Service and this Agreement according to the provisions hereof.

Third Party Sender. Financial Institution may from time to time request information from Third-Party Sender in order to evaluate a continuation of the Service to be provided by Financial Institution hereunder and/or adjustment of any limits set by this Agreement. Third-Party Sender agrees to provide the requested financial information immediately upon request by Financial Institution, in the form required by Financial Institution. Third-Party Sender authorizes Financial Institution to investigate or reinvestigate at any time any information provided by Third-Party Sender in connection with this Agreement or the Service. Upon request by Financial InstitutionBank, Third-Party Sender hereby authorizes Financial Institution Bank to enter Third-Party Sender’s business premises for the purpose of ensuring that Third-Party Sender is in compliance with this Agreement and Third-Party Sender specifically authorizes Financial Institution Bank to perform an audit of Third-Party Sender’s operational controls, risk management practices, staffing and the need for training and ongoing support, and information technology infrastructure. Third-Party Sender hereby acknowledges and agrees that Financial Institution Bank shall have the right to mandate specific internal controls at Third-Party Sender’s location(s) and Third-Party Sender shall comply with any such mandate. In addition, Third-Party Sender hereby agrees to allow Financial Institution Bank to review available reports of independent audits performed at the Third-Party Sender location related to information technology, the Service and any associated operational processes. Third- Third-Party Sender agrees that if requested by Financial InstitutionBank, Third-Party Sender will complete an a self-assessment of Third-Party Sender’s operations, management, staff, systems, internal controls, training and risk management practices that would otherwise be reviewed by Financial Institution Bank in an audit of Third-Party Sender. If Third-Party Sender refuses to provide the requested financial information, or if Financial Institution Bank concludes, in its sole discretion, that the risk of Third-Party Sender is unacceptable, or if Third-Party Sender violates violate this Agreement or the Rules, or if Third-Party Sender refuses to give Financial Institution Bank access to Third-Party Sender’s premises, Financial Institution Bank may terminate the Service and this Agreement according to the provisions hereof.