Common use of Account Security and Activity Clause in Contracts

Account Security and Activity. You acknowledge and agree that You are solely responsible for (i) maintaining the confidentiality and security of Your Access Information, and (ii) all activities that occur in connection with Your Account, whether initiated by You, by others on Your behalf or by any other means. You will notify [COP] immediately of any unauthorized use of Your Account, Access Information or any other actual or potential breach of security. You acknowledge and agree that [COP] will not be liable for any loss that You may incur as a result of any party using Your Access Information, either with or without Your knowledge and/or authorization. You further agree that You may be held liable for losses incurred by [COP], any [COP] Party, or another party due to any party using Your Access Information. [COP] strongly recommends that You keep Your Access Information in a secure location, take precautions to prevent others from accessing it and change it when necessary to maintain its confidentiality and security. [COP] specifically disclaims all liability for any activity in Your Account, whether authorized by You or not.

Appears in 4 contracts

Samples: Master Service Agreement, Ownership Partner Agreement, Master Service Agreement

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