Linking Consumer Accounts and Business Accounts Clause Samples

Linking Consumer Accounts and Business Accounts. At our sole discretion and if certain requirements are met, consumer Accounts may be linked to business Accounts on the Online Banking Service. Qualifying consumer DDA, certificate of deposit, loan or credit card Accounts solely owned or jointly owned by an Administrator/Company Contact may be added to a company setup. 2.6.1. By the Customer requesting for us to link business Accounts and consumer Accounts on the Online Banking Service on behalf of the Customer, Customer represents and warrants to us: (1) that he or she is an Administrator/Company Contact of the Customer; (2) that Customer maintains one or more business Accounts with us and has entered into the myTrustmark Agreement with us; (3) that the execution of the Online Banking Enrollment Form by such person constitutes the execution of the Online Banking Enrollment Form on the Customer’s behalf, for the purpose of granting authority for such person and such person’s designee to perform transactions under the myTrustmark Agreement on the consumer Account(s) of the Administrator/Company Contact (“Consumer Account(s)”); (4) that all actions by such person on Customer’s behalf constitute the duly authorized action of the Customer; and (5) that the Consumer Account(s) to which the Customer’s account (“Company Account”) is linked is the personal or joint account of the Administrator/Company Contact (Consumer Account(s) and Company Account(s) collectively referred to within this Section 2.6 as Account(s). For purposes of this Agreement, Administrator is an individual who is authorized by the governing body of the Customer to act on behalf of Customer. Customer represents and warrants to us: (i) that the person requesting us to link Company Accounts and Consumer Accounts on its behalf is an individual who is authorized by its governing body to act on its behalf and is authorized to link the Company Account(s) to the Consumer Account(s), (ii) that no Account it designates for online access pursuant to this Agreement is restricted from such common access by any provisions of Customer’s charter, bylaws or similar governing documents or any applicable laws or any existing resolution, declaration or agreement with us, and (iii) that each of the requested Services has been duly and legally authorized by it. Customer acknowledges that we shall rely on the Security Procedures established by us to determine Customer’s authority to transfer funds or conduct other transactions affecting Consumer Accounts. Customer a...
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Related to Linking Consumer Accounts and Business Accounts

  • Business Accounts If you are a business, any authorized user of your business is authorized on such terms, conditions, and agreements as we may require to: • enter into this Agreement, as amended from time to time; • access each account of yours in any manner and for any purpose available through the Service, whether now available or available at some time in the future; and • use any Online banking service in any manner and for any purpose available through the Service, whether now available or available at some time in the future.

  • Financial Accounts Exhibit E, as may be updated by the Borrower in a written notice provided to Agent after the Closing Date, is a true, correct and complete list of (a) all banks and other financial institutions at which Borrower or any Subsidiary maintains Deposit Accounts and (b) all institutions at which Borrower or any Subsidiary maintains an account holding Investment Property, and such exhibit correctly identifies the name, address and telephone number of each bank or other institution, the name in which the account is held, a description of the purpose of the account, and the complete account number therefor.

  • Management Accounts To the extent that it owns any Management Account (including any lock-box related thereto), each Guarantor shall comply with Section 5.1 of the Base Indenture with respect to each such Management Account (including any lock-box related thereto).

  • Set Up Accounts (a) Bank shall establish and maintain the following accounts ("Accounts"): (i) a Securities Account in the name of Customer on behalf of each Fund for Financial Assets, which may be received by Bank or its Subcustodian for the account of Customer, including as an Entitlement Holder; and (ii) an account in the name of Customer ("Cash Account") for any and all cash in any currency received by Bank or its Subcustodian for the account of Customer. Notwithstanding paragraph (ii), cash held in respect of those markets where Customer is required to have a cash account in its own name held directly with the relevant Subcustodian shall be held in that manner and shall not be part of the Cash Account. Bank shall notify Customer prior to the establishment of such an account. (b) At the request of Customer, additional Accounts may be opened in the future, which shall be subject to the terms of this Agreement. (c) Except as precluded by Section 8-501(d) of the Uniform Commercial Code ("UCC"), Bank shall hold all Securities and other Financial Assets, other than cash, of a Fund that are delivered to it in a "securities account" with Bank for and in the name of such Fund and shall treat all such assets other than cash as "financial assets" as those terms are used in the UCC.

  • Project Accounts The Grantee agrees to establish and maintain for the Project either a separate set of accounts or accounts within the framework of an established accounting system, in a manner consistent with 49 C.F.R. § 18.20, or 49 C.F.R. § 19.21, as amended, whichever is applicable.