Common use of Security Procedures and Communications Clause in Contracts

Security Procedures and Communications. Certain Security Procedures designed to verify the origination (but not errors in transmission or content) of instructions, orders and other communications sent by Financial Institution and Business might be used in connection with the Service. Business agrees that any such mutually agreed-upon Security Procedures shall be deemed commercially reasonable. Financial Institution shall not be obligated to act on a communication not transmitted in accordance with the Security Procedures and may refuse to act on any communication where Financial Institution reasonably doubts its authorization, contents, origination or compliance with the Security Procedures. Financial Institution shall have no duty to discover, and shall not be liable for, errors or omissions by Business. If Financial Institution complies with the Security Procedures with respect to a communication, Financial Institution shall be entitled to act on that communication and shall not be obligated to verify the content of such communication, establish the identity of the person giving it, or await any confirmation thereof, and Financial Institution shall not be liable for acting on, and Business shall be bound by, any communication sent in the name of Business, whether or not authorized. Financial Institution reserves the right to issue new Security Procedures and/or to cancel or change any Security Procedures from time to time. Whenever the Security Procedures include the assigning to Business of any confidential password, logon identification, identification code, personal or location identification number, repetitive code, or similar security device, Business shall not disclose such security device except to employees or agents authorized to act for Business in connection with the Service. Business shall implement such safeguards as are reasonably necessary to ensure the confidentiality and integrity of such security devices, and shall immediately notify Financial Institution if the confidentiality or integrity of any such security device is breached or threatened. Business shall be solely responsible for the security of the physical and electronic data in its possession. Business shall also be solely responsible for safekeeping of confidential password, log-on identification, identification code, personal or location identification number, repetitive code, or similar security device and assumes all risk of accidental disclosure or inadvertent use of such security devices by any party whatsoever, whether such disclosure or use is on account of Business's negligence or deliberate acts or otherwise. Financial Institution shall not be liable for any loss or damage resulting from fraudulent, unauthorized or otherwise improper use of any security devices.

Security Procedures and Communications. Certain Security Procedures designed to verify the origination (but not errors in transmission or content) of instructions, orders and other communications sent by Financial Institution Bank and Business Client might be used in connection with the Service. Business Client agrees that any such mutually agreed-upon Security Procedures shall be deemed commercially reasonable. Financial Institution Bank shall not be obligated to act on a communication not transmitted in accordance with the Security Procedures and may refuse to act on any communication where Financial Institution Bank reasonably doubts its authorization, contents, origination or compliance with the Security Procedures. Financial Institution Bank shall have no duty to discover, and shall not be liable for, errors or omissions by BusinessClient. If Financial Institution Bank complies with the Security Procedures with in respect to of a communication, Financial Institution Bank shall be entitled to act on that communication and shall not be obligated to verify the content of such communication, establish the identity of the person giving it, or await any confirmation thereof, and Financial Institution Bank shall not be liable for acting on, and Business Client shall be bound by, any communication sent in the name of BusinessClient, whether or not authorized. Financial Institution Bank reserves the right to issue new Security Procedures and/or to cancel or change any Security Procedures from time to time. Whenever the Security Procedures include the assigning to Business Client of any confidential password, logon identification, identification code, personal or location identification number, repetitive code, or similar security device, Business Client shall not disclose such security device except to employees or agents authorized to act for Business Client in connection with the Service. Business Client shall implement such safeguards as are reasonably necessary to ensure the confidentiality and integrity of such security devices, and shall immediately notify Financial Institution Bank if the confidentiality or integrity of any such security device is breached or threatened. Business Client shall be solely responsible for the security of the physical and electronic data in its possession. Business shall also be solely responsible for safekeeping of confidential password, log-on identification, identification code, personal or location identification number, repetitive code, or similar such security device devices and assumes all risk of accidental disclosure or inadvertent use of such security devices by any party whatsoever, whether such disclosure or use is on account of BusinessClient's negligence or deliberate acts or otherwise. Financial Institution Bank shall not be liable for any loss or damage resulting from fraudulent, unauthorized or otherwise improper use of any security devices.

Security Procedures and Communications. Certain Security Procedures procedures designed to verify the origination (but not errors in transmission or content) of instructions, orders and other communications sent by Financial Institution Bank and Business Company might be used in connection with the Serviceservice. Business Company agrees that any such mutually agreed-upon Security Procedures security procedures shall be deemed commercially reasonable. Financial Institution Bank shall not be obligated to act on a communication not transmitted in accordance with the Security Procedures security procedures and may refuse to act on any communication where Financial Institution Bank reasonably doubts its authorizationauthorizations, contents, origination or compliance with the Security Proceduressecurity procedures. Financial Institution Bank shall have no duty to discover, and INITIALS Revised October 2008 shall not be liable for, for errors or omissions by BusinessCompany. If Financial Institution Bank complies with the Security Procedures with security procedures in respect to of a communication, Financial Institution Bank shall be entitled to act on that communication and shall not be obligated to verify the content of such communication, establish established the identity of the person giving it, or await any confirmation thereof, and Financial Institution Bank shall not be liable for acting on, and Business Company shall be bound by, any communication sent in the name of BusinessCompany, whether or not authorized. Financial Institution Bank reserves the right to issue new Security Procedures security procedures and/or to cancel or change any Security Procedures security procedures from time to time. Whenever the Security Procedures security procedures include the assigning to Business Company of any confidential password, logon identification, identification code, personal or location identification number, repetitive code, or similar security device, Business Company shall not disclose such security device except to employees or agents authorized to act for Business Company in connection with the service. Company shall implement such safeguards as are reasonably necessary to ensure the confidentiality and integrity of any such security device, Company shall not disclose such security device except to employees or agents authorized to act for Company in connection with the Service. Business Company shall implement such safeguards as are reasonably necessary to ensure the confidentiality and integrity of such security devices, and shall immediately notify Financial Institution Bank if the confidentiality or integrity of any such security device is breached or threatened. Business Company shall be solely responsible for the security of the physical and electronic data in its possession. Business shall also be solely responsible for safekeeping of confidential password, log-on identification, identification code, personal or location identification number, repetitive code, or similar such security device devices and assumes all risk of accidental disclosure or inadvertent use of such security devices by any party whatsoever, whether such disclosure or use is on account of Business's Company’s negligence or deliberate acts or otherwise. Financial Institution Bank shall not be liable for any loss or damage resulting from fraudulent, unauthorized or otherwise improper use of any security devices.

Security Procedures and Communications. Certain Security Procedures designed to verify the origination (but not errors in transmission or content) of instructions, orders orders, and other communications sent by Financial Institution and Business might be used in connection with the Service. Business agrees that any such mutually agreed-upon Security Procedures shall be deemed commercially reasonable. Financial Institution shall not be obligated to act on a communication not transmitted in accordance with the Security Procedures and may refuse to act on any communication where Financial Institution reasonably doubts its authorization, contents, origination origination, or compliance with the Security Procedures. Financial Institution shall have no duty to discover, and shall not be liable for, errors or omissions by Business. If Financial Institution complies with the Security Procedures with in respect to of a communication, Financial Institution shall be entitled to act on that communication and shall not be obligated to verify the content of such communication, establish the identity of the person giving it, or await any confirmation thereof, and Financial Institution shall not be liable for acting on, and Business shall be bound by, any communication sent in the name of Business, whether or not authorized. Financial Institution reserves the right to issue new Security Procedures and/or to cancel or change any Security Procedures from time to time. Whenever the Security Procedures include the assigning to Business of any confidential password, logon identification, identification code, personal or location identification number, repetitive code, or similar security device, Business shall not disclose such security device except to employees or agents authorized to act for Business in connection with the Service. Business shall implement such safeguards as are reasonably necessary to ensure the confidentiality and integrity of such security devices, and shall immediately notify Financial Institution if the confidentiality or integrity of any such security device is breached or threatened. Business shall be solely responsible for the security of the physical and electronic data in its possession. Business shall also be solely responsible for safekeeping of confidential password, log-on identification, identification code, personal or location identification number, repetitive code, or similar such security device devices and assumes all risk of accidental disclosure or inadvertent use of such security devices by any party whatsoever, whether such disclosure or use is on account of Business's ’s negligence or deliberate acts or otherwise. Financial Institution shall not be liable for any loss or damage resulting from fraudulent, unauthorized unauthorized, or otherwise improper use of any security devices.

Security Procedures and Communications. Certain Security Procedures designed to verify the origination (but not errors in transmission or content) of instructions, orders orders, and other communications sent by Financial Institution Credit Union and Business might be used in connection with the Service. Business agrees You agree that any such mutually agreed-upon Security Procedures shall be deemed commercially reasonable. Financial Institution Credit Union shall not be obligated to act on a communication not transmitted in accordance with the Security Procedures and may refuse to act on any communication where Financial Institution Credit Union reasonably doubts its authorization, contents, origination origination, or compliance with the Security Procedures. Financial Institution Credit Union will act on any communication received between 8:00am and 5:00pm on any business day Monday – Friday on which Credit Union is open. Call ▇▇▇-▇▇▇-▇▇▇▇ or email us at ▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ or write to Amplify Credit Union, PO Box 85300, Austin TX ▇▇▇▇▇.▇▇▇▇▇▇ Union shall have no duty to discover, and shall not be liable for, errors or omissions by Businessyou. If Financial Institution Credit Union complies with the Security Procedures with in respect to of a communication, Financial Institution Credit Union shall be entitled to act on that communication and shall not be obligated to verify the content of such communication, establish the identity of the person giving it, or await any confirmation thereof, and Financial Institution Credit Union shall not be liable for acting on, and Business you shall be bound by, any communication sent in the name of Businessyour name, whether or not authorized. Financial Institution Credit Union reserves the right to issue new Security Procedures and/or to cancel or change any Security Procedures from time to time. Whenever the Security Procedures include the assigning to Business of any confidential password, logon identification, identification code, personal or location identification number, repetitive code, or similar security device, Business you shall not disclose such security device except to employees or agents authorized to act for Business in connection with the Servicedevice. Business You shall implement such safeguards as are reasonably necessary to ensure the confidentiality and integrity of such security devices, and shall immediately notify Financial Institution Credit Union if the confidentiality or integrity of any such security device is breached or threatened. Business You shall be solely responsible for the security of the physical and electronic data in its possession. Business shall also be solely responsible for safekeeping of confidential password, log-on identification, identification code, personal or location identification number, repetitive code, or similar such security device devices and assumes assume all risk of accidental disclosure or inadvertent use of such security devices by any party whatsoever, whether such disclosure or use is on account of Business's your negligence or deliberate acts or otherwise. Financial Institution Credit Union shall not be liable for any loss or damage resulting from fraudulent, unauthorized unauthorized, or otherwise improper use of any security devices.

Security Procedures and Communications. Certain Security Procedures designed to verify the origination (but not errors in transmission or content) of instructions, orders orders, and other communications sent by Financial Institution and Business the Parties might be used in connection with the Service. Business Customer agrees that any such mutually agreed-upon Security Procedures shall be deemed commercially reasonable. Financial Institution Bank shall not be obligated to act on a communication not transmitted in accordance with the Security Procedures and may refuse to act on any communication where Financial Institution Bank reasonably doubts its authorization, contents, origination origination, or compliance with the Security Procedures. Financial Institution Bank shall have no duty to discover, and shall not be liable for, errors or omissions by BusinessCustomer. If Financial Institution Bank complies with the Security Procedures with in respect to of a communication, Financial Institution Bank shall be entitled to act on that communication and shall not be obligated to verify the content of such communication, establish the identity of the person giving it, or await any confirmation thereof, and Financial Institution Bank shall not be liable for acting on, and Business Customer shall be bound by, any communication sent in the name of BusinessCustomer, whether or not authorized. Financial Institution Bank reserves the right to issue new Security Procedures and/or to cancel or change any Security Procedures from time to time. Whenever the Security Procedures include the assigning to Business Customer of any confidential password, logon identification, identification code, personal or location identification number, repetitive code, or similar security device, Business Customer shall not disclose such security device except to employees or agents authorized to act for Business Customer in connection with the Service. Business Customer shall implement such safeguards as are reasonably necessary to ensure the confidentiality and integrity of such security devices, and shall immediately notify Financial Institution Bank if the confidentiality or integrity of any such security device is breached or threatened. Business Customer shall be solely responsible for the security of the physical and electronic data in its possession. Business shall also be solely responsible for safekeeping of confidential password, log-on identification, identification code, personal or location identification number, repetitive code, or similar such security device devices and assumes all risk of accidental disclosure or inadvertent use of such security devices by any party whatsoever, whether such disclosure or use is on account of Business's Customer’s negligence or deliberate acts or otherwise. Financial Institution Bank shall not be liable for any loss or damage resulting from fraudulent, unauthorized unauthorized, or otherwise improper use of any security devices.