Authorized Representative & Signer definition

Authorized Representative & Signer means an individual who is authorized by the governing body of a Business Customer to contract for and other wise act or make decisions on behalf of the Business Customer with respect to its business Account(s), any bank or financial services and who has signing authority on those business Accounts; includes any individual who enrolls on behalf of a business after the effective date of this Agreement; any individual who is registered in the Service as an Authorized Representatives & Signer.
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Examples of Authorized Representative & Signer in a sentence

  • You agree that any enrollee in the Service is an Authorized Representative & Signer, an individual with access to an Account as reflected on Bank’s books and records, or an individual authorized by an Authorized Representative & Signer authorized to enroll in the Service independently and without notice to any Authorized Representative & Signer or to any other Enrollee.

  • You agree that you are responsible for the delegation by any Authorized Representative & Signer to any Shared User and for monitoring the actions any Shared User may exercise in the Service with respect to your Account(s) without regard to whether we provide the functional ability for managing the authority of Shared Users.

  • Each Authorized Representative & Signer will be liable for all transactions that are made on that account by all Authorized Representative & Signers of the account.

  • The Authorized Representative & Signer has access to both the Accounts of all Business Customer(s) of which the Authorized Representative & Signer is such AND to the personal Account(s) of the Authorized Representative & Signer and the authority to delegate to Shared User(s) Service access to both business Accounts and personal Accounts.