Administrators and Authorized Users Sample Clauses

Administrators and Authorized Users. Your Administrator has the authority to act on your behalf, to authorize secondary cardholders, to request new Cards, to suspend your Card and to close your Card Account. We are not responsible for fraudulent or erroneous transactions, or any other liabilities that may result from actions we take at the direction of your Administrator or you. You are also solely responsible for fees, charges, costs and any other liabilities that result from use of the Card by secondary cardholders or any other person you authorize to use the Card. The Card is nontransferable and we may cancel, repossess, or revoke it at any time without prior notice.
Administrators and Authorized Users. You must designate at least one Administrator. You are solely responsible for designating your Administrator(s). You must provide us with certified copies of resolutions from your governing body, as applicable, and any other certificate or documentation specifying the name of the person who is authorized to designate your Administrator(s) from time to time that is acceptable to us. Your Administrator(s) may designate additional Administrators. Your Administrator(s) may designate one or more additional Authorized User(s) and establish the scope of their access to and use of any of the Services. You accept as your sole responsibility the designation of any additional Administrators by any Administrator and any additional Authorized Users by your Administrator(s). You understand that your Administrator(s) will control, and you authorize your Administrator(s) to control, access to Business Online Banking and use of the Services. You acknowledge and agree that your Administrator(s) will possess the authority to add, change or terminate your Authorized User(s) at any time and from time to time and in their sole discretion. You will require all Authorized Users to comply with all provisions of this Agreement and all other applicable agreements, and you guarantee that they will do so. You acknowledge and agree that you are fully responsible for the failure of any Authorized User to so comply. You are responsible for any ▇▇▇▇ payment, transfer of funds or use of any other Service and any and all charges incurred by any Authorized User, even if the authorization you have established for any Authorized User is exceeded in connection with any such ▇▇▇▇ payment, transfer of funds or use of other Service. Whenever any Authorized User leaves your employ or you otherwise revoke the authority of any Authorized User to access or use any of the Services, you must notify an Administrator immediately and such Administrator is solely responsible for deactivating such Authorized User’s User ID and any Authentication Device. You remain fully responsible for all use of any former Authorized User’s User ID and Authentication Device, and any Services utilized by any such former Authorized User. You may designate any authorized Account as an Online Account for use with the Services. Except as specifically approved by the Bank, all Online Accounts must have the same account title and taxpayer identification number and will be subject to all other conditions and limitations set forth i...
Administrators and Authorized Users. Your Administrator has the authority to act on your behalf, to authorize secondary cardholders, to request new Cards, to suspend your Card and to close your Card Account. We are not
Administrators and Authorized Users. 5.1 Customer shall designate Administrator(s) with Bank as set forth in the Services’ Setup Form(s). Customer is solely responsible for designating its Administrator(s). 5.2 The Administrator(s) may designate other Administrators and/or Authorized Users. Customer accepts as its sole responsibility the Administrator’s designation of other Administrators and Authorized Users. Customer understands that the Administrator(s) will control, and Customer authorizes the Administrator(s) to control, access by other Administrators and Authorized Users of the Services through the issuance of Access Devices. The Administrator(s) may add, change or terminate Customer’s Authorized User(s) from time to time and in his/her sole discretion. Bank does not control access by any of Customer’s Authorized Users to any of the Services. Bank recommends that Customer manage its use of the Services and its Administrators by requiring dual control to set up new Authorized Users. 5.3 Customer will require each Administrator and each Authorized User to comply with all provisions of this Appendix and all other applicable agreements. Customer acknowledges and agrees that it is fully responsible for the failure of any Administrator or any Authorized User to so comply. Customer is responsible for any Payment, transfer and other Services and charges incurred by any Administrator and any Authorized User, even if such Administrator or Authorized User exceeds his/her authorization. 5.4 Whenever any Authorized User leaves Customer’s employ or Customer otherwise revokes the authority of any Authorized User to access or use the Services, the Administrator(s) are solely responsible for de- activating such Authorized User’s Access Devices. Customer shall notify Bank in writing whenever a sole Customer Administrator leaves Customer’s employ or Customer otherwise revokes a sole Administrator’s authority to access or use the Services.
Administrators and Authorized Users. Institution agrees to appoint and designate two or more administrators (each an “Administrator”) who will be authorized and responsible for creating certain Security Devices (as defined below) on Institution’s behalf, including assigning and revoking access privileges for persons to use the Services on Institution’s behalf (each an “Authorized User”) and providing new and subsequent Security Devices to those Authorized Users, if this functionality is enabled by FHLBank. In the absence of such an express designation, the natural person that submits Institution’s application for an account or other Services with FHLBank will be deemed to be Institution’s Administrator. Institution also agrees the Administrator and any Authorized User shall also have the authority on behalf of Institution to electronically accept and approve any and all agreements and amendments to agreements by and between FHLBank and Institution, including but not limited to this Account Agreement, as defined based on the authorities to which they have been granted pursuant to their access privileges.
Administrators and Authorized Users. 1. Subscriber may appoint an administrator to manage its account (“Administrator”). The Administrator must submit to an authentication and verification process as required by Agency in order to receive access to the ILHIE Direct Network and Integrated Direct Services. After successfully completing the verification process, the Administrator and/or Administrator may create, manage and terminate sub-accounts used by employees (“Authorized Users”) under the Subscriber‟s account as set forth herein. With regard to providing access to Authorized Users, the Subscriber and/or its Administrator shall: a. Use reasonable care in selecting Authorized Users and shall require that they act in compliance with relevant provisions of this Agreement and any SOW. b. Create, terminate and manage sub-accounts for Authorized Users, including log-in/password generation and resetting. c. Apply any appropriate sanctions against an Authorized User who fails to comply with any provision of this Agreement and any SOW. d. Immediately remove access to the ILHIE Direct Network from an Authorized User if the Authorized User ceases to be qualified as such for any reason including, but not limited to, termination of employment or failure to comply with this Agreement. In the event the Subscriber or Administrator alters any privileges or authorizations of the Authorized User, the Administrator and/ or Subscriber shall determine whether the Authorized User requires continued access to the ILHIE Direct Network, and if not shall terminate such access.

Related to Administrators and Authorized Users

  • Appointment and Authorization of Agent Each Lender hereby designates and appoints ▇▇▇▇▇ Fargo as its agent under this Agreement and the other Loan Documents and each Lender hereby irrevocably authorizes (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to designate, appoint, and authorize) Agent to execute and deliver each of the other Loan Documents on its behalf and to take such other action on its behalf under the provisions of this Agreement and each other Loan Document and to exercise such powers and perform such duties as are expressly delegated to Agent by the terms of this Agreement or any other Loan Document, together with such powers as are reasonably incidental thereto. Agent agrees to act as agent for and on behalf of the Lenders (and the Bank Product Providers) on the conditions contained in this Section 15. Any provision to the contrary contained elsewhere in this Agreement or in any other Loan Document notwithstanding, Agent shall not have any duties or responsibilities, except those expressly set forth herein or in the other Loan Documents, nor shall Agent have or be deemed to have any fiduciary relationship with any Lender (or Bank Product Provider), and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or any other Loan Document or otherwise exist against Agent. Without limiting the generality of the foregoing, the use of the term “agent” in this Agreement or the other Loan Documents with reference to Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law. Instead, such term is used merely as a matter of market custom, and is intended to create or reflect only a representative relationship between independent contracting parties. Each Lender hereby further authorizes (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to authorize) Agent to act as the secured party under each of the Loan Documents that create a Lien on any item of Collateral. Except as expressly otherwise provided in this Agreement, Agent shall have and may use its sole discretion with respect to exercising or refraining from exercising any discretionary rights or taking or refraining from taking any actions that Agent expressly is entitled to take or assert under or pursuant to this Agreement and the other Loan Documents. Without limiting the generality of the foregoing, or of any other provision of the Loan Documents that provides rights or powers to Agent, Lenders agree that Agent shall have the right to exercise the following powers as long as this Agreement remains in effect: (a) maintain, in accordance with its customary business practices, ledgers and records reflecting the status of the Obligations, the Collateral, payments and proceeds of Collateral, and related matters, (b) execute or file any and all financing or similar statements or notices, amendments, renewals, supplements, documents, instruments, proofs of claim, notices and other written agreements with respect to the Loan Documents, or to take any other action with respect to any Collateral or Loan Documents which may be necessary to perfect, and maintain perfected, the security interests and Liens upon Collateral pursuant to the Loan Documents, (c) make Revolving Loans, for itself or on behalf of Lenders, as provided in the Loan Documents, (d) exclusively receive, apply, and distribute payments and proceeds of the Collateral as provided in the Loan Documents, (e) open and maintain such bank accounts and cash management arrangements as Agent deems necessary and appropriate in accordance with the Loan Documents for the foregoing purposes, (f) perform, exercise, and enforce any and all other rights and remedies of the Lender Group with respect to any Loan Party or its Subsidiaries, the Obligations, the Collateral, or otherwise related to any of same as provided in the Loan Documents, and (g) incur and pay such Lender Group Expenses as Agent may deem necessary or appropriate for the performance and fulfillment of its functions and powers pursuant to the Loan Documents.