Additional Duties and Obligations Clause Samples
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Additional Duties and Obligations. In addition to your other duties as provided in this Agreement, you agree to abide by our policies and procedures in any matter related to the Service. You agree to implement and maintain reasonable security measures for the safekeeping of all Checks and Items. You agree that we may monitor and review your remote deposit process and require you to implement reasonable and specific internal controls to use the Service. You agree to provide any additional information and documentation we may reasonably request in connection with a remote deposit transaction, including providing image files of deposited Items to us on request. You agree to review your accepted remote deposit transactions shortly after they have been posted to your account and promptly notify us of any input or other errors. You additionally agree to examine your account statement in a timely manner and promptly report errors or discrepancies to us within the 33-day time period provided in the Membership and Account Agreement. If you discover an error or discrepancy relating to a Substitute Check, you must notify us within the later of 60 days after we mailed or delivered (i) the account statement that contains the information concerning the transaction giving rise to the claim, or (ii) the Substitute Check giving rise to the claim. You agree to notify us promptly if you experience or suspect any problems or issues relating to the Service. You agree that we may make adjustments to your Account arising out of or related to your use of the Service at any time without advance notice to you. At any time, we may charge back Items that do not satisfy the warranties you are making with respect to the Items or do not otherwise meet the requirements of this Agreement. You are solely liable for an error or discrepancy related to an Item unless the error or discrepancy results from a breach of our duty of care. You agree to be responsible for all charges and fees charged by us or by third parties in connection with handling your Items, including applicable fees as set forth in the Guidelines and Limits and the Schedule of Fees and Charges. Such charges and fees are due and payable immediately, and you agree that we may charge any eligible account on which you are an owner for such charges and fees without notice to you. You agree to be responsible for any direct and indirect damages accruing to you or us that result from your failure to follow our procedures or maintain adequate security over your Checks...
Additional Duties and Obligations. The Grantor agrees (i) to cause ---------------------------------- all pipeline companies and other purchasers of the Hydrocarbons produced from the Mortgaged Properties to pay promptly to the Holder at its principal office, the Grantor's interest in the proceeds derived from the sale thereof in accordance with the terms of this assignment, and (ii) forthwith to execute and deliver any and all transfer orders, division orders and other instruments that may be requested by the Holder or that may be required by any purchaser of the production from any of the Mortgaged Properties for the purpose of effectuating payment of the proceeds of runs to the Holder; and the Holder shall not be required at any time, as a condition to its right to obtain the proceeds of runs, to warrant its title thereto or to make any guaranty whatsoever. In addition, and without limitation, the Grantor covenants and agrees, and undertakes hereby, to provide to the Holder the name and address of every pipeline company or other purchaser of Hydrocarbons and other minerals produced from the Mortgaged Properties when determined, together with a copy of applicable Product Sales Contracts. Grantor shall promptly pay all expenses incurred by the Holder in the collection of the said proceeds of runs. If under any Product Sales Contracts, other than division orders or transfer orders, any proceeds of runs are required to be paid by the purchaser to Grantor so that under such existing agreements payment cannot be made of such proceeds of runs to the Holder, ▇▇▇▇▇▇▇'s interest in all proceeds of runs under such sales agreements and in all other proceeds of runs which for any reason may be paid to Grantor shall, when received by Grantor, constitute trust funds in Grantor's hands and shall be immediately paid over to the Holder.
Additional Duties and Obligations