Acfinowledgement. The Client (in its capacity as Agent) acknowledges that by the Account Holder granting the Agent access to the Accounts, the Agent will have full access to all funds from time to time on deposit in the Accounts and, without limiting the generality of the foregoing, will have the ability to, among other things, undertake transactions in respect of each of the Accounts to which it has been granted access as outlined above. These transactions may include, depending on the applicable Services, the Agent initiating transfers from the Accounts, withdrawing amounts from the Accounts and / or ATB Financial sharing balance and other transaction information in respect of the Accounts with the Agent. In that regard, ATB Financial is hereby authorized and directed to act upon the instructions of the Agent in respect of the Accounts and the Client confirms that it has the full consent and authority of the Account Holder to provide any such instructions. The Client on behalf of itself and each Account Holder understands that it shall be responsible to ATB Financial for all debts, liabilities and obligations arising out of transactions made by the Agent in respect of the Accounts as a result of the Account Holders granting the Agent access to the Accounts as provided in this Agent Authorization. Furthermore, the Agent agrees that it shall be responsible for the compliance with all of the obligations under the applicable Agreements and shall be bound by the applicable Agreements in respect of the use of the Services by the Agent on behalf of the Account Holders (including any obligations under any related implementation forms).
