Security Tokens. 5.1 Each UOB Bank grants the Customer and/or the Customer Users a non-exclusive, non-transferable licence to use Security Tokens in respect of any Account or any other accounts (including accounts of third parties on whose behalf a Customer User is authorised to act) as may be designated by the Customer and for the purposes of enabling the Customer to access Business Internet Banking and/or the Services.
Security Tokens. 121. Security Tokens are complex financial instruments. Prospective investors should ensure that they have the expertise to understand how the product is structured (which may differ from case to case) and the applicable terms and conditions. In most cases, an investor will have no legal or beneficial interest in the asset represented by the Security Token; rather, the investor will have a contractual relationship with the issuer only and its rights and remedies with respect to the investment will be limited to contractual remedies against the issuer in accordance with the terms of the relevant Security Token.
Security Tokens. 10.1 The Security Tokens are issued by the respective Issuers, and not by the Exchange.
Security Tokens the use of Security Token assigned to each Primary Administrator or User, which token generates time sensitive passwords that may be used to access the portion of Cash Management as required to initiate instructions to Bank.
Security Tokens. As part of the Security Procedures, you agree to use security tokens (“Security Tokens”), which are assigned to each Primary Administrator, Administrative User, or any other authorized user, which tokens generate time sensitive passwords that must be used to access the portion of Cash Management as required to initiate entries. These Security Tokens may be physical tokens or “soft tokens”—software that is downloaded to a mobile device.
Security Tokens. With Online Banking, Bank offers an additional layer of protection through the use of security tokens including 6-digit One Time Password (“OTP”) security codes with a 30-second countdown bar. Security tokens are available to Company through a downloadable App or a hardware device with LCD screen. Features of security tokens include:
Security Tokens. Adding the ACH Service requires all System Managers and any System Users at Company who will submit or approve ACH Entries through Online Banking System to use a security token when submitting ACH Entries to Bank. This requirement cannot be waived.
Security Tokens. 11.6.1 Content Guru may issue a security device that provides a token-based two- factor authentication (“Security Token”) to the Client in order to securely access Client Services on the Content Guru network. The Security Token will be issued on condition that it is retained securely by the Client at all times, and used only for access to Client Services provided by Content Guru. The Username and Password issued with the Security Token are confidential and must not be disclosed to third parties. The Client further warrants that the computer used to gain access to the Content Guru network will restrict access to authorised users only and be protected by up-to-date anti-virus and other malware software for the duration of this contract. Content Guru reserves the right to disable the Security Token without notice if it suspects that the above conditions are not being complied with, or that use of the Security Token presents a security or unauthorised use threat to the Content Guru network.
Security Tokens. Bank reserves the right to require the use of a security token for ACH and Online Wire Services. Tokens are used for two factor authentications. RSA Tokens are available in both Hard Tokens (physical fob) and Soft Tokens (app on smartphone). Tokens are a great benefit to both the bank and the Client as they offer an additional layer of security. IN THE EVENT THAT BANK REQUIRES THE USE OF A SECURITY TOKEN AND CLIENT ELECTS NOT TO USE SUCH TOKEN, CLIENT UNDERSTANDS AND AGREES THAT BANK OFFERED A MORE STRINGENT SECURITY PROCEDURE AND CLIENT DECLINED THAT SECURITY PROCEDURE. AS SUCH, CLIENT EXPRESSLY AGREES TO BE BOUND BY ANY TRANSACTION, WHETHER OR NOT AUTHORIZED, ISSUED IN CLIENT’S NAME AND Rev. 03/2021 Page 4 of 30 ACCEPTED BY BANK IN COMPLIANCE WITH THIS SECURITY PROCEDURE CHOSEN BY CLIENT, AND CLIENT UNDERSTANDS AND AGREES THAT BANK WILL NOT BE LIABLE FOR ANY ERRORS OR LOSSES RESULTING FROM ANY ERRORS IN OR CHANGES TO ANY TRANSACTION INFORMATION PROVIDED BY CLIENT TO BANK.
Security Tokens. 5.1 The Bank grants the Customer and/or the Customer Users a non-exclusive, non-transferable licence to use Security Tokens in respect of any Account or any other accounts (including accounts of third parties on whose behalf a Customer User is authorised to act) as may be designated by the Customer and for the purposes of enabling the Customer to access Business Internet Banking and/or the Services.
