Provision of Access Credentials by Banyan Clause Samples

The 'Provision of Access Credentials by Banyan' clause defines Banyan's responsibility to supply users with the necessary login information or credentials to access its services or systems. In practice, this means Banyan will generate and distribute usernames, passwords, or other authentication tokens to authorized users, enabling them to securely log in and utilize the platform. This clause ensures that users can access the services as intended while maintaining security and accountability, addressing the need for controlled and reliable access management.
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Provision of Access Credentials by Banyan. Subject to and conditioned on Merchant’s compliance with all other terms and conditions of this Agreement, during the Term, Banyan may, in its discretion, provide Merchant or its Authorized Users with Access Credentials in order to permit Merchant or such Authorized Users to transmit or upload Merchant Data onto certain Banyan Systems. Banyan may withdraw this permission at any time, without liability, in its sole discretion for any reason or no reason. The permission granted by Banyan pursuant to this Section is personal to Merchant and may not be transferred or sublicensed, in whole or in part, by operation of law or otherwise, to any other person or entity. Merchant shall, and shall ensure its Authorized Users, hold in strict confidence any Access Credentials provided by Banyan and shall not (and shall ensure its Authorized Users do not) share, disclose, or otherwise provide such Access Credentials to any other person or entity without the prior written approval of Banyan. Merchant shall be responsible and liable for all acts and omissions of its Authorized Users as if such acts and omissions were performed by Merchant and a breach of any term or condition of this Agreement by Merchant’s Authorized Users shall constitute a breach by Merchant.

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