Company Administrator. The Board of Directors shall appoint a Company Administrator pursuant to an administrative services agreement and such Company Administrator(s) shall have the authority to appoint one or more sub-administrators pursuant to a sub-administrative services or similar agreement. The term of retention of any Company Administrator shall not exceed an initial term of one year, although there is no limit to the number of times that a particular Company Administrator may be retained.
Company Administrator. The Company will be required to designate at least one individual (“Company Administrator”) with the authority to determine who will be authorized to view account information and/or effect transactions through the OTM Services on behalf of the Company. The Company Administrator should be an authorized signatory that is common to all Accounts. The Company Administrator will have full access to the OTM Services with respect to the Accounts and will be able to add, modify or delete users (including other administrators), set limits on each user’s authority to conduct transactions and access account information, and reset user IDs and passwords. The Company Administrator shall be responsible for performing any maintenance with respect to any user designated to use the OTM Services on behalf of the Company. If the Company Administrator loses or forgets their user ID or password, the Company Administrator should contact the Bank. Each user is authorized on behalf of the Company to issue requests, directions or instructions, including, without limitation, Payment Orders (as hereinafter defined), and conduct transactions on any Account set up on the OTM Services. Company acknowledges and agrees that limitations on a user’s access can only be controlled by Company and the Company Administrator, not the Bank. Company further acknowledges and agrees that each individual designated as a user may have the ability to conduct transactions on Accounts for which the individual may not otherwise be authorized to sign and conduct transactions on one or more Accounts set up within the OTM Services. Company has reviewed and understands the risks associated with designating such individuals as users and agrees to assume sole responsibility for such risks including, without limitation, the actions of the Company Administrator, the authority given to other users to act on behalf of the Company and the actions of such users. Company agrees to be liable for any and all loss that may result from the authority given to any such users and the action of such individuals, notwithstanding the signing authority otherwise stated in the applicable signature card. The Bank will not be liable to Company or any third party for any loss, damage or expense arising from access to an Account by a user, and Company agrees to indemnify and hold harmless Bank against all actions, claims, demands, losses or expenses including, without limitation, reasonable attorney’s fees and court costs arising from...
Company Administrator. The Company shall have a company administrator (the “Company Administrator”) based at the principal place of business of the Company whose task shall be to carry out the day-to-day administration of the affairs of the Company, including the issuance and receipt of notices and other communications, the maintenance of accounting records and such other matters as the Head of Lazard and Chairman of the Executive Committee may decide in accordance with this Agreement, the Lazard Agreement and the Coordination Agreement. In connection with the exercise of the foregoing duties, the Company Administrator shall have only such power and authority to act for and bind the Company (including the power and authority to execute, in the name of the Company or otherwise, contracts for services and leases for real and personal property, to purchase customary office supplies and similar items and to draw checks on the Company’s accounts) as is granted to the Company Administrator by the Head of Lazard and Chairman of the Executive Committee and shall be subject to any limitations thereon as the Head of Lazard and Chairman of the Executive Committee may impose or as may be set forth in this Agreement, the Lazard Agreement or the Coordination Agreement.
Company Administrator. Client agrees to appoint at least one administrator and a backup administrator that shall serve as Company’s primary contact for assurance and services (“Company Administrator”). Client agrees that these Company Administrators will complete the necessary coursework to comply with our then-current requirements for the Company Administrator designation. Company will rely on all oral and written orders and instructions issued by these Company Administrators, including without limitation, instructions to initiate work and incur expenses on your account. Client may select and reassign Company Administrators, provided that any replacement meets the then-current requirements for the Company Administrator designation. Provided that Client is current on payment of all Assurance fees Company will provide basic support to Client’s Company Administrator(s) at no additional costs, except if Client’s support usage surpasses the top 2% of companies in your company demographic, which is exclusive of implementation support time and generally 25 hours of annual support. Client’s Company Administrator and Company will mutually determine corrective actions.
Company Administrator. Company User represents and warrants that the Company Administrator: (i) is authorized by the Company User to access the list of all Individual Users within the TravelBank Company Network to which the Company User belongs; and
Company Administrator. The Company hereby appoints, and the Bank is hereby authorized to establish and issue initial password (which will be changed upon initial access to Business Online Banking), for the Company Administrator listed on the Business Online Banking Enrollment Form, who will have maintenance authority over the Company’s passwords. The Company Administrator must also be an Authorized Signer on all Clinton Savings Bank accounts with Business Online Banking access.
Company Administrator. You hereby appoint, and the Bank is hereby authorized to establish and issue a User ID and an initial Password (which will be changed upon initial assess to Business eBanking), for the following Company Administrator, who will have maintenance authority over the Company’s User IDs and Passwords. Name: Title: E-Mail: Telephone number(s) for delivery of passcode, when required: Mobile Office Home Mobile 2 Office 2 Other
Company Administrator. You must appoint a Company Administrator who will be responsible, alone, for authorizing Users and user access rights, establishing limits for each User, and binding you to additional Cash Management Services. You assume sole responsibility for the actions of your Company Administrator, the authority he or she gives others to act on your behalf, and the actions of the Users designated by the Company Administrator to use the services. Unless otherwise provided in writing, the Company Administrator is our primary contact with respect to the Cash Management Services and is responsible for managing all aspects of your Cash Management Services, including but not limited to managing security, verifying the initial services set-up, setting up Users, and assigning Users access privileges, training Users, notifying us of changes in contact and other relevant information, and requesting any desired changes to the Cash Management Services. To change the individual designated as the Company Administrator you must contact us.
