Bank Client definition
Examples of Bank Client in a sentence
As used in this Agreement, the term "Bank" means a bank as defined in Section 3(a)(6) of the 1934 Act, or an affiliate of such a bank, with which you have entered into a written agreement to provide brokerage services; and the term "Bank Client" means a customer of such a Bank.
As used in this Agreement, the term "Bank" means a bank as defined in Section 3(a)(6) of the 1934 Act, or an affiliate such as a bank, with which you have entered into a written agreement to provide brokerage services; and the term "Bank Client" means a customer of such a Bank.
Although Betterment Securities will sweep Eligible TSP Funds into a TSP Deposit-Account at a TSP Bank, Client understands and agrees funds may only be accessed through the Program.
Except to the extent directly caused by the actions of the Bank, Client shall be responsible for all Funding Failures.
Such Processor Agreement shall specifically provide that Bank, Client and Processor shall enter into a tri-party agreement whereby Bank shall be entitled to rely upon and enforce as a third party beneficiary the provisions of the Processing Agreement in the event of a breach of this Agreement by Client.
If requested by Bank, Client agrees to obtain and maintain comprehensive general liability, fidelity and error and omission insurance coverage, or such other coverage as directed by Bank, in an amount reasonably satisfactory to Bank, to cover (at a minimum) losses due to action or inaction by Client, its employees and agents, or any person given access to the Services by Client (including unauthorized access by the same), and to name Bank as an additional insured on such policy.
If not directed otherwise by the Bank, Client will store Original Checks in a safe and secure environment for a minimum of 7 days and a maximum of 45 days after such Item has been digitized and posted.
Upon submitting an application to Bank, Client thereby authorizes Bank to obtain information about Client’s credit history and/or financial condition from third parties in order to evaluate Client’s creditworthiness and qualifications for participating in the Smart Safe Service.
The Parties will use commercially reasonable efforts to minimize the impact on the Parties, Bank Client and Cardholders.
At the request of Bank, Client will provide Bank, within [***] of such request, documentation demonstrating proof of the Receiver’s authorization.