Additional Provisions Applicable Only to Business Customers Sample Clauses

Additional Provisions Applicable Only to Business Customers a. Protecting Your Account The Service will allow Business Customers to establish individual Access IDs, Passcodes, privileges for each Authorized User. Transaction history is maintained for each Access ID. Additional fees may be assessed for each Access ID. Business Customer(s) will be solely responsible for designating its Authorized Users, assigning privileges, and disclosing the identity of said Authorized Users to CB&S Bank and all changes thereof in writing. Business Customer represents and warrants that its Authorized Users have the appropriate authority to initiate transfers and xxxx payments through the Service. Business Customer authorizes CB&S Bank and its Service Providers to act upon, and you agree to be bound by, any transaction, whether or not authorized, that is initiated with your Access ID and Passcode and/or the Access ID and Passcode of an Authorized User. Furthermore, any instructions, directions, or other information provided by the Business Customer, or any of its Authorized Users, will be deemed to have been authorized by the Business Customer. CB&S Bank and its Service Providers will not be responsible for verifying the identity or authenticity of any person claiming to be an Authorized User of the Business Customer. Business Customer assumes any and all liability arising from the use or misuse of the service or company accounts by its Authorized Users. Business Customer agrees to indemnify and hold harmless CB&S Bank and its Service Providers for any liability and damages resulting from our acting upon any direction, instruction, or information that is initiated with an Access ID and Passcode of an Authorized User. You agree that we may send notices and other communications, including emails, to the current address shown in our records, whether or not that address includes a designation for delivery to the attention of any particular individual. You further agree that CB&S Bank and/or its Service Providers will not be responsible or liable to you in any way if information is intercepted by an unauthorized person, either in transit or at your place of business. In addition, you agree to: • require all Authorized Users to keep Passcodes secure and strictly confidential; • immediately notify us and select a new Passcode if you or your Authorized Users believe your Passcodes may have become known to an unauthorized person. We may disable Passcodes of Authorized Users even without receiving such notice from you, if we suspect Passcodes...
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Additional Provisions Applicable Only to Business Customers. (A) Protecting Your Account The Service will allow Business Customers to establish individual Customer Number, Password, privileges for each Authorized User. Transaction history is maintained for each Customer Number. Additional fees maybe assessed for each Customer Number. Business Customer(s) will be solely responsible for designating its Authorized Users, assigning privileges, and disclosing the identity of said users to this Institution and all changes thereof in writing. BUSINESS CUSTOMER REPRESENTS AND WARRANTS THAT ITS AUTHORIZED USERS HAVE THE APPROPRIATE AUTHORITY TO INITIATE TRANSFERS AND BILL PAYMENTS THROUGH THE SERVICE. BUSINESS CUSTOMER AUTHORIZES THIS INSTITUTION AND ITS SERVICE PROVIDERS TO ACT UPON, AND YOU AGREE TO BE BOUND BY, ANY TRANSACTION, WHETHER OR NOT AUTHORIZED, THAT IS INITIATED WITH YOUR ACCESS ID AND PASSWORD AND/OR THE CUSTOMER NUMBER AND PASSWORD OF AN AUTHORIZED USER. FURTHERMORE, ANY INSTRUCTIONS, DIRECTIONS, OR OTHER INFORMATION PROVIDED BY THE BUSINESS CUSTOMER, OR ANY OF ITS AUTHORIZED USERS, WILL BE DEEMED TO HAVE BEEN AUTHORIZED BY THE BUSINESS CUSTOMER. THIS FINANCIAL INSTITUTION AND ITS SERVICE PROVIDERS WILL NOT BE RESPONSIBLE FOR VERIFYING THE IDENTITY OR AUTHENTICITY OF ANY PERSON CLAIMING TO BE AN AUTHORIZED USER OF THE BUSINESS CUSTOMER. BUSINESS CUSTOMER ASSUMES ANY AND ALL LIABILITY ARISING FROM THE USE OR MISUSE OF THE SERVICE OR COMPANY ACCOUNTS BY ITS AUTHORIZED USERS. BUSINESS CUSTOMER AGREES TO INDEMNIFY AND HOLD HARMLESS THIS FINANCIAL INSTITUTION AND ITS SERVICE PROVIDERS FOR ANY LIABILITY AND DAMAGES RESULTING FROM OUR ACTING UPON ANY DIRECTION, INSTRUCTION, OR INFORMATION THAT IS INITIATED WITH A CUSTOMER NUMBER AND PASSWORD OF AN AUTHORIZED USER. You agree that we may send notices and other communications, including emails, to the current address shown in our records, whether or not that address includes a designation for delivery to the attention of any particular individual. You further agree that the Financial Institution and/or its Service Providers will not be responsible or liable to you in any way if information is intercepted by an unauthorized person, either in transit or at your place of business. In addition, you agree to: · Require all Authorized Users to keep Passwords secure and strictly confidential; · Immediately notify us and select a new Password if you or your Authorized Users believe your Passwords may have become known to an unauthorized person. We may disable Passwords of Autho...
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Additional Provisions Applicable Only to Business Customers. 24. Alterations and Amendments
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Additional Provisions Applicable Only to Business Customers. (A) Commercially Reasonable Security Procedures of the Service When you accept this agreement and use the Service, you acknowledge and agree that the Service includes security measures which are commercially reasonable. You agree to be bound by our security procedures and instructions, which may be periodically updated. You agree to review and implement all security procedures available in connection with the Service, including procedures to protect the confidentiality of your username and password and the same for your authorized users. You agree to notify the Bank in the event that your use of the Service would necessitate or be better served by a level of security that exceeds that offered by the Service. If you fail to notify the Bank, you acknowledge and agree that the security aspects of the Service are appropriate for your needs and will provide you with a commercially reasonable degree of security against unauthorized use.
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Additional Provisions Applicable Only to Business Customers 
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Related to Additional Provisions Applicable Only to Business Customers

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