Responsibility for Accounts Clause Samples

The 'Responsibility for Accounts' clause defines which party is accountable for maintaining accurate and up-to-date financial records related to the agreement. Typically, this clause specifies the obligations to prepare, manage, and provide access to relevant accounts, such as invoices, statements, or ledgers, and may outline the standards or timelines for doing so. Its core function is to ensure transparency and accountability in financial dealings between the parties, reducing the risk of disputes over payments or record-keeping.
POPULAR SAMPLE Copied 1 times
Responsibility for Accounts. Customer is responsible for maintaining the confidentiality of Customer’s account and owner numbers and necessary conference codes, passwords and personal identification numbers used in conjunction with the Conferencing Services and for all uses of the Conferencing Services in association with Customer’s account whether or not authorized by Customer. InterCall does not sell products or services for children. Customer will not allow children under 18 to use the Conferencing Services without the involvement of a parent or guardian. Customer agrees to immediately notify InterCall of any unauthorized use of Customer’s account of which Customer becomes aware.
View SourceView Similar (2)
Responsibility for Accounts. Client shall be responsible for balancing its accounts each business day and notifying Fiserv immediately of any errors or discrepancies. Provided that Client immediately notifies Fiserv of any discrepancy in Client's accounts, Fiserv shall, at its expense, promptly recompute accounts affected by discrepancies solely caused by the Fiserv Systems or provide for another mutually agreeable resolution. Fiserv will use its commercially reasonable efforts to correct errors attributable to Client or Client's other third party servicers. Reconstruction of error conditions attributable to Client or to third parties acting on Client's behalf will be done at prevailing rates as set forth in Exhibit A - 2.
View SourceView Similar (12)
Responsibility for Accounts. Client shall be responsible for balancing its accounts each business day and notifying Fiserv immediately of any errors or discrepancies. Provided that Client so notifies Fiserv, Fiserv shall, at its own expense, promptly recompute accounts affected by discrepancies solely caused by the Fiserv System or provide for another mutually agreeable resolution. Fiserv will use its commercially reasonable efforts to correct errors attributable to Client or other Client third party servicers.
View SourceView Similar (10)
Responsibility for Accounts. Each set of login credentials (i.e., email address and password) for the Service may be used only by a single, individual User. You are responsible for all use of the Service that occurs under your user account, and you agree to notify us of any unauthorized access of which you become aware.
View SourceView Similar (4)
Responsibility for Accounts. Except as otherwise specified in this Agreement, Introducing Firm shall be solely responsible for the opening, approving and monitoring of counterparties (the "Accounts"), and ensuring that Transactions are in compliance with the Applicable Rules. Such responsibility, where applicable, includes, but is not limited to: (i) Using due diligence to learn and on a continuing basis to know the essential facts of each customer, knowing all persons holding power of attorney over any Account, being familiar with each order in any Account and at all times to comply fully with Rule 405 of the NYSE and the Conduct Rules of the NASD, and any interpretations thereof, and all similar Applicable Rules; (ii) selecting, investigating, training and supervising all personnel who open, approve or authorize transaction in the Accounts; (iii) establishing written procedures for the conduct of the Accounts and ongoing review of all Transactions in Accounts, and maintaining compliance and supervisory personnel adequate to implement such procedures; (iv) determining the suitability of all Transactions; (v) ensuring that there is a reasonable basis for all recommendations made; (vi) determining the appropriateness of the frequency of trading in Accounts; (vii) determining the authorization and legality of each transaction in the Account; (viii) determining the amount of any difference between the prices paid or received by an Account for a Specified Security and the prices paid or received by Wexford for said Specified Security; (ix) obtaining and maintaining all documents necessary for the performance of Introducing Firm's responsibilities under this Agreement and retaining such documents in accordance with all the Applicable Rules; (x) responding to all its customer inquiries and complaints, and promptly notifying Wexford in writing of complaints concerning Wexford; (xi) arranging for completion of all Wexford forms and providing any supporting documents required for the opening and maintenance of the Account and (xii) promptly furnishing Wexford with all information concerning its customer and Introducing Firm's relationship with its customer and any related documents that Wexford may reasonably require. Nothing herein shall restrict Wexford from making any further inquiry or investigation, as Wexford deems necessary. Introducing Firm authorizes and directs Wexford to (i) furnish promptly any written customer complaint received by Wexford, regarding Introducing Firm or its associ...
View SourceView Similar (3)
Responsibility for Accounts. The Owner shall not be responsible for any failure of or delay in payment to the Supplier by any Designated Purchaser for Beverages sold or supplied hereunder.
View Source
Responsibility for Accounts. Notwithstanding anything in the Agreement to the contrary, Client shall be responsible for balancing its accounts each business day and notifying StoneRiver by the end of the next business day of any errors or discrepancies. This balancing is to examine the accuracy and completeness of daily processing. Provided that Client notifies StoneRiver of any discrepancy in Client’s accounts within such business day, StoneRiver shall, at its expense, promptly recompute accounts affected by discrepancies solely caused by the StoneRiver Systems or provide for another mutually agreeable resolution. StoneRiver will use its commercially reasonable efforts to correct errors attributable to Client or Client’s other third party services. Reconstruction of error conditions attributable to Client or to third parties acting on Client’s behalf will be done at rates as set forth in Exhibit A-2.
View Source
Responsibility for Accounts. You are responsible for maintaining the confidentiality of any non- public authentication credentials associated with your use of the Online Services. You must promptly notify customer support about any possible misuse of your accounts or authentication credentials or any security incident related to the Online Services.
View Source
Responsibility for Accounts. The Customer is responsible for maintaining the confidentiality of any non-public authentication credentials associated with use of the Services. The Customer must promptly notify Optimiser customer support team about any possible misuse of customer accounts or authentication credentials or any security incident related to the Services.
View Source

Related to Responsibility for Accounts

  • RESPONSIBILITY FOR AWARDS The Supplier acknowledges that each Contracting Body is independently responsible for the conduct its award of Call-Off Contracts under this Framework Agreement and that the Authority is not responsible or accountable for and shall have no liability whatsoever in relation to: 6.1 the conduct of Other Contracting Bodies in relation to this Framework Agreement; or 6.2 the performance or non-performance of any Call-Off Contracts between the Supplier and Other Contracting Bodies entered into pursuant to this Framework Agreement.

  • Responsibility for Subcustodians Except as provided in the last sentence of this Section 8.6, the Custodian shall be liable to the Fund for any loss or damage to the Fund caused by or resulting from the acts or omissions of any Subcustodian to the extent that such acts or omissions would be deemed to be negligence, gross negligence or willful misconduct in accordance with the terms of the relevant subcustodian agreement under the laws, circumstances and practices prevailing in the place where the act or omission occurred. The liability of the Custodian in respect of the countries and Subcustodians designated by the Custodian, from time to time on the Global Custody Network Listing shall be subject to the additional condition that the Custodian actually recovers such loss or damage from the Subcustodian.

  • Responsibility for Use (a) The Company alone will be responsible for furnishing, or arranging for a third party to furnish, all data and information required by the Documentation and the specifications therein for the Licensed System to function and perform in accordance with the Documentation, other than the data and information residing in the Licensed System in connection with BNYM’s performance of the Core Services. BNYM shall have no liability or responsibility for any Loss caused in whole or in part by the Company’s or a Permitted User’s exercise of the Licensed Rights or use of the Licensed System or by data or information of any nature inputted into the Licensed System by or under the direction or authorization of Company or a Permitted User; provided, however, this Section 2.5 shall not relieve BNYM of its obligation to act in accordance with its obligations under the Main Agreement. Company shall be responsible and solely liable for the cost or expense of regenerating any output or other remedial action if the Company, a Permitted User or an agent of either shall have failed to transmit properly and in the correct format any data or information, shall have transmitted erroneous or incorrect information or data, or shall have failed to timely verify or reconcile any such data or information when it is generated by the Licensed System (“Data Faults”).

  • Responsibility for Property Except as expressly set forth in Section 3.25, Contractor shall limit its operations to the Stage 2 Site. Contractor shall plan and conduct its operations so that neither Contractor nor any of its Subcontractors or Sub-subcontractors shall (i) enter upon lands (other than the Stage 2 Site and Off-Site Rights of Way and Easements) or waterbodies in their natural state unless authorized by the appropriate owner or entity; (ii) close or obstruct any utility installation, highway, waterway, harbor, road or other property unless Permits are obtained and authorized by the appropriate entity or authority; or (iii) disrupt or otherwise interfere with the operation of any portion of any pipeline, telephone, conduit or electric transmission line, ditch, navigational aid, dock or structure unless otherwise specifically authorized by the appropriate entity or authority. The foregoing includes damage arising from performance of the Work through operation of Construction Equipment or stockpiling of materials. If damage occurs to Subproject 1 or Subproject 2 prior to substantial completion of such applicable Subproject 1 or Subproject 2, liability for such damage shall be governed by the Stage 1 EPC Agreement.

  • Responsibility for Performance Participation in state Centralized Contracts by Authorized Users is permitted upon the following conditions: (i) the responsibility with regard to performance of any contractual obligation, covenant, condition or term thereunder by any Authorized User other than State Agencies shall be borne and is expressly assumed by such Authorized User and not by the State; (ii) a breach of the Contract by any particular Authorized User shall neither constitute nor be deemed a breach of the Contract as a whole which shall remain in full force and effect, and shall not affect the validity of the Contract nor the obligations of the Contractor thereunder respecting non-breaching Authorized Users, whether State or otherwise; (iii) for a breach by an Authorized User other than a State Agency, the State specifically and expressly disclaims any and all liability for such breach; and (iv) each non-state agency Authorized User and Contractor guarantees to save the State, its officers, agents and employees harmless from any liability that may be or is imposed by their failure to perform in accordance with its obligations under the Contract.