Common use of Security Token Clause in Contracts

Security Token. 3.1 A Security Token shall generate a Security Code for entry by each of the User/s whenever the Service so requests. 3.2 The right to use a Security Token is governed by these IB Terms and Conditions and by any other part of the Agreement. This right is exclusive to the User/s and is not transferable. 3.3 All Security Tokens shall be activated upon insertion of a Security Token PIN. 3.4 Security Tokens shall remain property of the Bank and must be returned upon demand. Upon the Bank’s demand to the Customer for the return of a Security Token, the User must discontinue using it. 3.5 The Bank reserves the right to levy a charge for the supply of a Security Token. All charges are specified in the Bank’s Tariff of Charges, as may be in force from time to time, available from all the Bank’s branches.

Security Token. 3.1 A The Security Token shall generate a the Security Code for entry by each of the User/s User whenever the Service so requests. 3.2 The right to use a the Security Token which the Bank issues to the User is governed by these IB Terms and Conditions and by any other part of the Agreement. This right is exclusive to the User/s User and is not transferable. 3.3 All Security Tokens shall be activated upon insertion of a the Security Token PIN. 3.4 Security Tokens Token shall remain property of the Bank and must be returned upon demand. Upon the Bank’s demand to the Customer for the return of a Security Token, the User must discontinue using it. 3.5 The Bank reserves the right to levy a charge for the supply of a Security Token. All charges are specified in the Bank’s Tariff of Charges, as may be in force from time to time, available from all the Bank’s branches.