Common use of Modulr Products Clause in Contracts

Modulr Products. 2.1. Modulr will provide the introduced customer with the products that are made available to the partner platform and that are described by the partner platform in the application procedure. 2.2. The Presented Client agrees that the Partner Platform will share all such information with Modulr, which will verify and verify the identity of the Presented Client, its directors, beneficial owners and authorized users as required by law. 2.3. The Client presented acknowledges that a search of the Electoral Register may be made for anti-money laundering purposes of the persons listed in clause 2.2 above. 2.4. The Presented Customer acknowledges that the credit reference agencies may search a "soft footprint" in the electronic files of the individuals referred to in clause 2.2 above and that third parties may have access to their personal data for the purposes of anti-money laundering and counter-terrorist financing (AML/CFT), identity verification and fraud prevention. 2.5. The Account and Cards (if applicable) are provided to the Introduced Customer by ▇▇▇▇▇▇ in accordance with the Modulr Account Terms. Modulr's products provided to the Introduced Customer under this Agreement are solely for the use of the Introduced Customer. 2.6. The Introduced Customer may use the Account and Cards (if applicable) to conduct transactions under the terms and conditions set out in the Modulr Account Terms. A record of all transactions relating to the Account may be viewed on the Website or accessed via the Partner Platform (as applicable). 2.7. Imported customers must notify Customer Service immediately upon discovering that login and security information that allows access to their Modulr products has been lost, stolen or compromised. 2.8. From time to time, Modulr may conduct additional checks on the featured client, including the identity of its directors, beneficial owners and the nature of its business, in accordance with its due diligence process and as required by law. Modulr may contact the featured client or the Partner Platform (as applicable) for this purpose. The featured client agrees to provide this information as required. 2.9. The Imported Customer must comply with all laws and regulations applicable to the Imported Customer. Any failure to comply with the relevant laws or regulations shall be deemed a material breach of contract and may result in Modulr ceasing to provide the Modulr Products in accordance with clause 6.4. 2.10. The Introduced Customer shall reasonably implement Modulr's reasonable safety recommendations as communicated to the Introduced Customer from time to time.

Modulr Products. 2.1. Modulr will provide the introduced customer with the products that are made available to the partner platform and that are described by the partner platform in the application procedure. 2.2. The Presented Client agrees that the Partner Platform will share all such information with Modulr, which will verify and verify the identity of the Presented Client, its directors, beneficial beneficial owners and authorized users as required by law. 2.3. The Client presented acknowledges that a search of the Electoral Register may be made for anti-money laundering purposes of the persons listed in clause 2.2 above. 2.4. The Presented Customer acknowledges that the credit reference agencies may search a "soft footprint" in the electronic files files of the individuals referred to in clause 2.2 above and that third parties may have access to their personal data for the purposes of anti-money laundering and counter-terrorist financing financing (AML/CFT), identity verification verification and fraud prevention. 2.5. The Account and Cards (if applicable) are provided to the Introduced Customer by ▇▇▇▇▇▇ in accordance with the Modulr Account Terms. Modulr's products provided to the Introduced Customer under this Agreement are solely for the use of the Introduced Customer. 2.6. The Introduced Customer may use the Account and Cards (if applicable) to conduct transactions under the terms and conditions set out in the Modulr Account Terms. A record of all transactions relating to the Account may be viewed on the Website or accessed via the Partner Platform (as applicable). 2.7. Imported customers must notify Customer Service immediately upon discovering that login and security information that allows access to their Modulr products has been lost, stolen or compromised. 2.8. From time to time, Modulr may conduct additional checks on the featured client, including the identity of its directors, beneficial beneficial owners and the nature of its business, in accordance with its due diligence process and as required by law. Modulr may contact the featured client or the Partner Platform (as applicable) for this purpose. The featured client agrees to provide this information as required. 2.9. The Imported Customer must comply with all laws and regulations applicable to the Imported Customer. Any failure to comply with the relevant laws or regulations shall be deemed a material breach of contract and may result in Modulr ceasing to provide the Modulr Products in accordance with clause 6.4. 2.10. The Introduced Customer shall reasonably implement Modulr's reasonable safety recommendations as communicated to the Introduced Customer from time to time.