Common use of ATM Operations Clause in Contracts

ATM Operations. BMT is solely responsible for managing an ATM network and will ensure that network is serviced, maintained, settled and monitored in accordance with industry standard practices for ATMs and Applicable Law. Bank will sponsor BMT in the ATM network.. Notwithstanding the foregoing, Bank shall provide the cash on deposit at appropriate levels for designated BMT ATMs at no cost to BMT.

Appears in 1 contract

Sources: Deposit Processing Services Agreement (BM Technologies, Inc.)

ATM Operations. BMT is solely responsible for managing an ATM network and will ensure that network is serviced, maintained, settled and monitored in accordance with industry standard practices for ATMs and Applicable LawATMs. Bank will sponsor BMT in the ATM network.. Notwithstanding the foregoing, Bank shall provide the cash on deposit at appropriate levels for designated BMT ATMs at no cost to BMT.

Appears in 1 contract

Sources: Deposit Processing Services Agreement (BM Technologies, Inc.)