Common use of Authenticated Instructions and Authorized Agents Clause in Contracts

Authenticated Instructions and Authorized Agents. Company does hereby certify to Bank that only duly authorized persons will initiate any requests for the transferring of funds to and from Company’s account(s) at Bank. Authorized persons will initiate transfer instructions to Bank either by phone, in person or electronically. Authorized persons given security level for Entries, by Company, to and from Company’s account(s), have been granted through security clearance pursuant to this Internet Banking Agreement and any Attachments, Exhibits, Schedules and/or Amendments hereinafter attached hereto. Bank is authorized to honor orders for transfers made by authorized persons, or persons who represent electronically or otherwise that they are authorized persons, without further inquiry or regard to the authority of said persons and is hereby absolved of all liability for transfers made in compliance with these procedures.

Appears in 5 contracts

Samples: Internet Banking Agreement, Internet Banking Agreement, Internet Banking Agreement

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Authenticated Instructions and Authorized Agents. Company does hereby certify to Bank that only duly authorized persons Authorized Persons will initiate any requests for the transferring of funds to and from Company’s account(s) at Bank. Authorized persons Persons will initiate transfer instructions to Bank either by phone, in person or electronically. Authorized persons Persons given security level for Entries, by Company, to and from Company’s account(s), have been granted through security clearance pursuant to this Internet Banking Agreement and any Attachmentsattachments, Exhibitsexhibits, Schedules schedules and/or Amendments amendments hereinafter attached hereto. Bank is authorized to honor orders for transfers made by authorized personsAuthorized Persons, or persons who represent electronically or otherwise that they are authorized personsAuthorized Persons, without further inquiry or regard to the authority of said persons and is hereby absolved of all liability for transfers made in compliance with these procedures.

Appears in 4 contracts

Samples: Internet Banking Agreement, Internet Banking Agreement, Internet Banking Agreement

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