Common use of DESIGNATION OF ADMINISTRATOR Clause in Contracts

DESIGNATION OF ADMINISTRATOR. In order to originate ACH Entries, Member Client must designate at least one Administrator. Administrator(s) shall be responsible for designating “Users” who Member Client authorizes to issue Entries on its behalf. For the purposes of this Agreement, the term User shall also include the Administrator. The Financial Institution shall be entitled to rely on the designations made by the Member Client’s Administrator(s) and shall not be responsible for matching the names of the company Users designated by the Administrator(s) to names or titles listed in Member Client’s banking resolutions. Member Client agrees that any such online Entries shall comply with Financial Institution’s Security Procedures, which are subject to change without notice to Member Client. Although Financial Institution is only required to act upon the instructions of the User(s), the Financial Institution may, in its sole discretion, execute debit or credit Entries initiated by any individuals authorized by Member Client to sign checks on Member Client accounts. The signature cards establishing the authorized signatories for Member Client deposit accounts are hereby incorporated by reference and made a part hereof.

DESIGNATION OF ADMINISTRATOR. In order to originate ACH Entries, Member Client and pursuant to Section 8 hereof, Customer must designate at least one Administrator. Administrator(s) shall be responsible for designating “Users” who Member Client Customer authorizes to issue Entries on its behalf. For the purposes of this Agreementthese Terms, the term User shall also include the Administrator. The Financial Institution Bank shall be entitled to rely on the designations made by the Member ClientCustomer’s Administrator(s) and shall not be responsible for matching the names of the company Customer Users designated by the Administrator(s) to names or titles listed in Member ClientCustomer’s banking resolutions. Member Client Customer agrees that any such online Entries shall comply with Financial InstitutionBank’s Security Procedures, which are subject to change without notice to Member ClientCustomer. Although Financial Institution Bank is only required to act upon the instructions of the User(s), the Financial Institution Bank may, in its sole and absolute discretion, execute debit or credit Entries initiated by any individuals authorized by Member Client Customer to sign checks on Member Client Customer accounts. The signature cards establishing the authorized signatories for Member Client Customer deposit accounts are hereby incorporated by reference and made a part hereof.

DESIGNATION OF ADMINISTRATOR. In order to originate ACH Entries, Member Client must designate at least one Administrator. Administrator(s) shall be responsible for designating “Users” who Member Client authorizes to issue Entries on its behalf. For the purposes of this Agreement, the term User shall also include the Administrator. The Financial Institution UVACCU shall be entitled to rely on the designations made by the Member ClientMember’s Administrator(s) and shall not be responsible for matching the names of the company Users designated by the Administrator(s) to names or titles listed in Member ClientMember’s banking resolutions. Member Client agrees that any such online Entries shall comply with Financial InstitutionUVACCU’s Security Procedures, which are subject to change without notice to Member ClientMember. Although Financial Institution UVACCU is only required to act upon the instructions of the User(s), the Financial Institution UVACCU may, in its sole discretion, execute debit or credit Entries initiated by any individuals authorized by Member Client to sign checks on Member Client accounts. The signature cards establishing the authorized signatories for Member Client deposit accounts are hereby incorporated by reference and made a part hereof.

DESIGNATION OF ADMINISTRATOR. In order to originate ACH Entries, Member Client must designate at least one Administrator. Administrator(s) shall be responsible for designating “Users” who Member Client authorizes to issue Entries on its behalf. For the purposes of this AgreementProduct Schedule, the term User shall also include the Administrator. The Financial Institution shall be entitled to rely on the designations made by the Member ClientMember’s Administrator(s) and shall not be responsible for matching the names of the company Member Users designated by the Administrator(s) to names or titles listed in Member ClientMember’s banking resolutions. Member Client agrees that any such online Entries shall comply with Financial Institution’s Security Procedures, which are subject to change without notice to Member ClientMember. Although Financial Institution is only required to act upon the instructions of the User(s), the Financial Institution may, in its sole discretion, execute debit or credit Entries initiated by any individuals authorized by Member Client to sign checks on Member Client accounts. The signature cards establishing the authorized signatories for Member Client deposit share accounts are hereby incorporated by reference and made a part hereof.