Security Measures and Operating Procedures Sample Clauses

Security Measures and Operating Procedures. You recognize and agree that the Services are the property of Bank and/or Bank's third party service provider, and you covenant and agree not to share or disclose any Confidential Information regarding the terms of this Agreement or the Services to any other persons who do not have a legal need-to-know right. You covenant and agree to comply with all Security Procedures, set forth by the Bank, as may be amended from time to time, and to maintain the confidentiality of the Services, all User IDs and passwords, which you adopt or which are assigned to you, and authentication security controls. Furthermore, you covenant and agree to take necessary and reasonable measures to prevent any unauthorized access to the Services. You agree to notify us immediately as set forth in this Agreement, if you believe that your User IDs or passwords have been compromised or that an unauthorized person has gained access to the Services. As applicable by law, you may be responsible and liable for any damages, losses, fees, costs, or expenses which arise out of your failure to maintain sufficient and reasonable security controls on the Confidential Information entrusted to you. If you use the Services in connection with any Business Account (based on availability and subject to Bank's approval), you acknowledge and agree that you have reviewed the Security Procedures and that you have independently determined that the Security Procedures (1) are a commercially reasonable method of providing security against unauthorized payments, transfers, access, and other intrusions and (2) are adequate based on the size, type, and frequency of payment orders and/or transfer requests and the Services that you use. You further agree that you are responsible for ensuring that the Security Procedures continue to be commercially reasonable for your use of the Services, and the Security Procedures are reasonable and sufficient at all times. You agree to notify us immediately in writing if you determine the Security Procedures are insufficient for your use of the Services. The occurrence of any unauthorized access or disclosure shall not affect any payments or transfers made in good faith by the Bank, prior to receipt of any notification regarding security; the Bank shall have a reasonable time to act upon notifications from you.
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Security Measures and Operating Procedures. The Company recognizes that the Service is operated by a third party and agrees to comply with such procedures and requirements as may be established from time to time by the operator of the Service or by ASB. The Company shall not disclose any proprietary information regarding the Service to any third party, and shall comply with such security measures and recognition procedures as may be established from time to time by ASB or by the operator of the Service. The Company authorizes ASB to act upon ALL communications ASB receives through the Service (for example, but not limited to, the transfer of funds between accounts or loan advances). The Company agrees not to give or make available the username or password or other means to access the Accounts via the Service to anyone other than the User. If the Company permits persons other than the User to use the Service or the password or other means to access the Accounts, the Company is responsible for any transactions that occur. The Company shall notify ASB immediately, by telephone and in writing, if the Company knows or believes that the username or password for the Service is known to an unauthorized person or that an unauthorized person accessed the Service and Accounts. Telephone notice shall be given by calling (▇▇▇) ▇▇▇-▇▇▇▇ or ▇-▇▇▇-▇▇▇-▇▇▇▇ from 8:00 a.m. to 7:00 p.m. (HST), Monday through Friday, and from 9:00 a.m. to 3:00 p.m. (HST)
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Security Measures and Operating Procedures a. Company agrees not to disclose any confidential or proprietary information regarding the System, Services, or other procedures or operations of Bank or its third party vendors, to any third parties. Company further agrees to comply with all Security Procedures set forth herein. Company agrees that it is primarily responsible for ensuring that the Security Procedures are commercially reasonable and adequate, at all times for Company and that Company shall notify the Bank immediately in writing if Company’s security fails to meet the minimum standards set forth by the Security Procedures. Bank shall have no liability for Company’s failure to maintain adequate and reasonable security measures, precautions, and procedures and Company agrees to indemnify, defend, and hold harmless Bank, its shareholders, officers, directors, employees, agents, representatives, parent company, affiliates, subsidiaries, and divisions from any claims or damages from a third party for Company’s failure to maintain a secure system and follow the Security Procedures. Company acknowledges and agrees that the Security Procedures are commercially reasonable with industry practices and Company agrees to work with Bank in updating and maintain reasonable ongoing Security Procedures. b. The Company recognizes that the System and the Services are the property of a third party and/or Bank and Company agrees to comply with all Security Procedures and requirements as may be established from time to time by Bank or the third party owner of the iMBX System and Services. Company has reviewed the Security Procedures and has independently determined that the Bank Recommended Security Procedures (1) are a commercially reasonable method of providing security against unauthorized payments, transfers, access, and other intrusions, and (2) are adequate based on the size, type, and frequency of payment orders and/or transfer requests and Services, which the Company anticipates. Bank will notify Company of changes to the Bank Recommended Security Procedures; however, Company agrees that it is primarily responsible for ensuring that the Security Procedures continue to be commercially reasonable and adequate at all times and in the future for Company, and that Company shall notify the Bank in writing, if Company’s security fails to meet the minimum standards set forth by the Security Procedures or commercially reasonable standards. Company represents and warrants that it is knowledgeable with respect to ...
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Security Measures and Operating Procedures 
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Related to Security Measures and Operating Procedures

  • Standard Operating Procedures Over approximately the past eight years, the Parties have been supplying select Products to one another for use in the operation of their respective businesses within the United States of America, Canada and Mexico. The Parties developed and been following certain standard operating procedures in connecting with, among other topics, forecasting, production planning, ordering, delivering and resolving claims on the Products supplied to one another (the “Current SOPs”). The Parties will be updating their respective business systems over the next six months, and the updates to these business systems will require the Parties to modify the Current SOPs. Once the Parties have completed the updates to the business systems and agreed on the necessary modifications to the Current SOPs, the Parties will sign a written amendment to this Agreement appending the updated standard operating procedures (the “Updated SOPs”). Until the Parties have signed a written amendment appending the Updated SOPs, the parties will continue to follow the Current SOPs. The Parties will comply with the applicable SOPs in connection with the purchase and sale of products identified in a Purchase Schedule. The Parties may add terms and conditions to, and amend the terms and conditions of, the SOP in a Purchase Schedule, but any additional and amended terms and conditions in a Purchase Schedule supplementing and modifying the SOP will only apply the specific products identified in that Purchase Schedule for its duration.

  • Safety Measures Awarded vendor shall take all reasonable precautions for the safety of employees on the worksite, and shall erect and properly maintain all necessary safeguards for protection of workers and the public. Awarded vendor shall post warning signs against all hazards created by the operation and work in progress. Proper precautions shall be taken pursuant to state law and standard practices to protect workers, general public and existing structures from injury or damage.

  • Security Measures Lessee hereby acknowledges that the rental payable to Lessor hereunder does not include the cost of guard service or other security measures, and that Lessor shall have no obligation whatsoever to provide same. Lessee assumes all responsibility for the protection of the Premises, Lessee, its agents and invitees and their property from the acts of third parties.

  • Safeguard Measures Neither Party shall take safeguard action against services and service suppliers of the other Party from the date of entry into force of this Agreement. Neither Party shall initiate or continue any safeguard investigations in respect of services and service suppliers of the other Party.

  • Technical Safeguards 1. USAC and DSS will process the data matched and any data created by the match under the immediate supervision and control of authorized personnel to protect the confidentiality of the data, so unauthorized persons cannot retrieve any data by computer, remote terminal, or other means. 2. USAC and DSS will strictly limit authorization to these electronic data areas necessary for the authorized user to perform their official duties. All data in transit will be encrypted using algorithms that meet the requirements of the Federal Information Processing Standard (FIPS) Publication 140-2 or 140-3 (when applicable). 3. Authorized system users will be identified by User ID and password, and individually tracked to safeguard against the unauthorized access and use of the system. System logs of all user actions will be saved, tracked and monitored periodically. 4. USAC will transmit data to DSS via encrypted secure file delivery system. For each request, a response will be sent back to USAC to indicate success or failure of transmission.