Security Tokens Sample Clauses

Security Tokens. 5.1 Each UOB Bank grants the Customer and/or the Customer Users a non-exclusive, non-transferable licence to use Security Tokens in respect of any Account or any other accounts (including accounts of third parties on whose behalf a Customer User is authorised to act) as may be designated by the Customer and for the purposes of enabling the Customer to access Business Internet Banking and/or the Services. 5.2 Neither the Customer nor the Customer Users will acquire any rights whatsoever to Security Tokens. Security Tokens shall at all times remain the property of the UOB Group Bank which issued or provided the Security Tokens and shall be returned to that UOB Group Bank on demand. 5.3 Each Security Token may be used (whether or not in conjunction with the User ID and/or Password or otherwise) by any Customer User: (a) to initiate, effect, perform and/or dispatch any Instruction or any communication to any UOB Group Bank; (b) to obtain or utilise any Service that may be offered or made available by any UOB Group Bank; (c) to access and obtain information as may be permitted by any UOB Group Bank (whether relating to an Account, Service or otherwise); and (d) to effect any transaction with any UOB Group Bank as may be made available by the UOB Group Bank, on behalf of the Customer subject to the terms of this Agreement and to other restrictions, limitations, terms and conditions of the UOB Group Bank then applicable. 5.4 The Customer shall procure that the Customer User to whom any Security Token is issued or provided shall: (a) retain the Security Token at all times and shall not permit any other person to have access to, use or tamper with the Security Token issued or provided to such Customer User; (b) not reveal the OTP generated by his Security Token to anyone; and (c) not divulge the serial number of his Security Token to anyone. 5.5 Each UOB Group Bank shall be entitled to rely on and treat any Instruction made, submitted or effected whether by the use of any Security Token issued or provided to any Customer User or any Password generated by such Security Token (and whether or not in conjunction with any Password of any Customer User and/or User ID of the Customer or otherwise) as having been made, submitted or effected by that Customer User for and on behalf of the Customer unless notice of the loss of such Security Token has been given in such form and by such means as the UOB Group Bank may deem satisfactory and has been received by the UOB Group Ba...

Security Tokens. Security Tokens are complex financial instruments. Prospective investors should ensure that they have the expertise to understand how the product is structured (which may differ from case to case) and the applicable terms and conditions. In most cases, an investor will have no legal or beneficial interest in the asset represented by the Security Token; rather, the investor will have a contractual relationship with the issuer only and its rights and remedies with respect to the investment will be limited to contractual remedies against the issuer in accordance with the terms of the relevant Security Token.

Security Tokens. As part of the Security Procedures, you agree to use security tokens (“Security Tokens”), which are assigned to each Primary Administrator, Administrative User, or any other authorized user, which tokens generate time sensitive passwords that must be used to access the portion of Cash Management as required to initiate entries. These Security Tokens may be physical tokens or “soft tokens”—software that is downloaded to a mobile device.

Security Tokens. 10.1 The Security Tokens are issued by the respective Issuers, and not by the Exchange. 10.2 A Security Token (or part thereof) may be traded on the Trading System only if an Approved Custodian has first taken custody of such Security Token. The Security Tokens are not permitted to be stored, used, listed or traded outside of the Trading System, and are not intended to be, and shall not be understood, deemed, interpreted or construed to be or be representative of any kind of currency (including digital currency), legal tender, money or deposit or substitute therefor. 10.3 The Security Tokens may only be acquired from Issuers via direct issuance outside the Trading System and/or from other Members via secondary trading on the Trading System, in accordance with the Exchange Requirements.

Security Tokens. Adding the ACH Service requires all System Managers and any System Users at Company who will submit or approve ACH Entries through Online Banking System to use a security token when submitting ACH Entries to Bank. This requirement cannot be waived.

Security Tokens. With Online Banking, Bank offers an additional layer of protection through the use of security tokens including 6-digit One Time Password (“OTP”) security codes with a 30-second countdown bar. Security tokens are available to Company through a downloadable App or a hardware device with LCD screen. Features of security tokens include: a. Strong Two-Factor Authentication. Security tokens are based on strong two-factor authentication, and in order to gain access to Systems and Services, Individual must: i. Download VIP Access App to a Mobile Device or VIP Access for Desktop to a desktop computer or request a hand-held security token be issued by Bank; and, ii. Contact Bank to link the Credential ID of the downloaded App or hardware token to the Individual’s Login Credentials.

Security Tokens. 11.6.1 Content Guru may issue a security device that provides a token-based two- factor authentication (“Security Token”) to the Client in order to securely access Client Services on the Content Guru network. The Security Token will be issued on condition that it is retained securely by the Client at all times, and used only for access to Client Services provided by Content Guru. The Username and Password issued with the Security Token are confidential and must not be disclosed to third parties. The Client further warrants that the computer used to gain access to the Content Guru network will restrict access to authorised users only and be protected by up-to-date anti-virus and other malware software for the duration of this contract. Content Guru reserves the right to disable the Security Token without notice if it suspects that the above conditions are not being complied with, or that use of the Security Token presents a security or unauthorised use threat to the Content Guru network. 11.6.2 Security Tokens are issued with a lifespan of three (3) years’ duration. At the expiry of the Security Token, a new Security Token will be issued to Customer by default and the Customer will be charged, and the Customer agrees to pay, Content Guru’s then standard rates. The Customer may cancel new Security Tokens by notifying Content Guru in writing prior to the Security Token expiry date.

Security Tokens. With Online Banking, Bank offers an additional layer of protection through the use of security tokens including 6-digit One Time Password (“OTP”) security codes with a 30-second countdown bar. Security tokens are available to Third-Party Sender through a downloadable App or a hardware device with LCD screen. Features of security tokens include: a. Security tokens are based on strong two-factor authentication, and in order to gain access to Systems and Services, Individual must: i. Download VIP Access App to a Mobile Device or VIP Access for Desktop to a desktop computer or request a hand-held security token be issued by Bank; and, ii. Contact Bank to link the Credential ID of the downloaded App or hardware token to the Individual’s Login Credentials. b. Upon logging in to Online Banking, and if an Individual’s Mobile Device or browser is not registered, Individual will be prompted to type OTP security code provided by security token to be granted access to Online Banking. The requirement replaces the Secure Access Code process. c. Depending on specific Services used by Third-Party Sender where the transfer of funds occur, security tokens are required to electronically authorize the transfer of funds by requiring an Individual to enter an OTP provided by security token at the time of approval and processing for the transfer of funds. For Services that require electronic authorizations via security tokens, fees are disclosed within the fee schedule or any other fee proposal provided in writing for Services.

Security Tokens. Bank reserves the right to require the use of a security token for ACH and Online Wire Services. Tokens are used for two factor authentications. RSA Tokens are available in both Hard Tokens (physical fob) and Soft Tokens (app on smartphone). Tokens are a great benefit to both the bank and the Client as they offer an additional layer of security. IN THE EVENT THAT BANK REQUIRES THE USE OF A SECURITY TOKEN AND CLIENT ELECTS NOT TO USE SUCH TOKEN, CLIENT UNDERSTANDS AND AGREES THAT BANK OFFERED A MORE STRINGENT SECURITY PROCEDURE AND CLIENT DECLINED THAT SECURITY PROCEDURE. AS SUCH, CLIENT EXPRESSLY AGREES TO BE BOUND BY ANY TRANSACTION, WHETHER OR NOT AUTHORIZED, ISSUED IN CLIENT’S NAME AND Rev. 03/2021 Page 4 of 30 ACCEPTED BY BANK IN COMPLIANCE WITH THIS SECURITY PROCEDURE CHOSEN BY CLIENT, AND CLIENT UNDERSTANDS AND AGREES THAT BANK WILL NOT BE LIABLE FOR ANY ERRORS OR LOSSES RESULTING FROM ANY ERRORS IN OR CHANGES TO ANY TRANSACTION INFORMATION PROVIDED BY CLIENT TO BANK.