Common use of Depositor Responsibilities Clause in Contracts

Depositor Responsibilities. Depositor authorizes Bank to convert Items to IRDs or transmit as an image and further authorizes Bank or any other bank to which an item is sent for process. Depositor agrees to, at its sole expense: (a) provide connectivity between the Capture Device and the Technology; (b) maintain the Capture Device in accordance with the instructions provided by Bank, its subcontractors and/or any other Capture Device provider; (c) if applicable, utilize Depositor’s software, or Bank software to scan, load, and format Items as needed for transmission to Bank prior to the communicated cut-off-time; (d) process return data and any remittance data delivered by Bank for the purpose of updating Depositor internal systems (which may include electronic and paper return Items); (e) implement and maintain security measures, including firewall protection, in compliance with its obligations under this Agreement;

Depositor Responsibilities. Depositor authorizes Bank to convert Items to IRDs or transmit as an image and further authorizes Bank or any other bank to which an item is sent for process. Depositor agrees to, at its sole expense: (a) provide connectivity between the Capture Device and the Technology; ; (b) maintain the Capture Device in accordance with the instructions provided by Bank, its subcontractors and/or any other Capture Device provider; ; (c) if applicable, utilize Depositor’s software, or Bank software to scan, load, and format Items as needed for transmission to Bank prior to the communicated cut-off-off- time; (d) process return data and any remittance data delivered by Bank for the purpose of updating Depositor internal systems (which may include electronic and paper return Items); (e) implement and maintain security measures, including firewall protection, in compliance with its obligations under this Agreement;