Common use of Designation of Information Users Clause in Contracts

Designation of Information Users. An owner of an account may designate a person or persons to be an information user on the account who will be authorized to request, receive and examine all information about the account and the services related to that account. We will require you and your information user(s) to provide information about the information user(s) and will also require each information user to sign Part 1 of this Agreement (the account form). An information user only has the right to request, receive and examine information about the account and the services related to that account, and has no ownership or survivorship rights in the account or to the funds held in the account, and cannot conduct transactions (other than ac- cessing information), initiate, change, add, close or terminate the account or ser- vices. If you request us to place an information user on an account who has not signed the Part 1 account form (or other form we use), you agree that person is an information user on the account who may access information about the account and the services related to that account according to this Agreement. Once you have designated an information user on your account, it is your sole responsibility and not our responsibility to monitor an information user’s access to and use of account and service information, and you agree that we have no duty or responsibility to monitor, inquire about or notify you of the access to or use of account and service information by your information user on the account, or assure that the access or use of that information is for your benefit. The information user’s authority to access and use account and service information will continue until we receive written notice that you have terminated the information user’s authority or until we receive written notice of your death and have a reasonable opportunity to act on that notice. Any owner may also remove an information user from an account, though if you wish to terminate an information user’s authority to access and use account and service information, we may require you to notify us in writing and we may require you to change Part 1 of this Agreement or close the account. We have no duty to prevent an information user from accessing or using the account and service information until you have made any requested change or closed the account.

Appears in 2 contracts

Samples: Member Service Agreement, Member Service Agreement

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Designation of Information Users. An The owner of an account and/or a rep- resentative may designate a person or persons to be an information infor- mation user on the account who will be authorized to request, receive re- ceive and examine all information about the account and the services related to that account. We will require you and your information in- formation user(s) to provide information about the information user(sus- er(s) and will also require each information user to sign Part 1 of this Agreement Contract (the account form). An information user only has the right to request, receive and examine information about the account ac- count and the services related to that account, and has no ownership or survivorship rights in the account or to the funds held in the account, and cannot conduct transactions (other than ac- cessing accessing information), initiate, change, add, close or terminate the account or ser- vicesservices. If you request us to place an information user on an account who has not signed the Part 1 account form (or other form we use), you agree that person is an information user on the account who may access information about the account and the services related to that account according to this AgreementContract. Once you have designated designat- ed an information user on your account, it is your sole responsibility responsibil- ity and not our responsibility to monitor an information user’s access ac- cess to and use of account and service information, and you agree that we have no duty or responsibility to monitor, inquire about or notify you of the access to or use of account and service information by your information user on the account, or assure that the access or use of that information is for your benefit. The information user’s authority to access and use account and service ser- vice information will continue until we receive written notice that you have terminated the information user’s authority or until we receive written notice of your death authority. The owner and have a reasonable opportunity to act on that notice. Any owner any representative may also remove an information user from an account, though if you wish to terminate an information user’s authority au- thority to access and use account and service information, we may require you to must notify us in writing and we may require you to change Part 1 of this Agreement Contract or close the account. We have no duty to prevent an information user us- er from accessing or using the account and service information until you have made any requested this change or closed the account.

Appears in 1 contract

Samples: www.mecuanywhere.com

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Designation of Information Users. An The owner of an account and/or a representative may designate des- ignate a person or persons to be an information user on the account who will be authorized to request, receive and examine all information about the account and the services related to that account. We will require you and your information user(s) to provide information about the information user(s) and will also require each information infor- mation user to sign Part 1 of this Agreement (the account form). An information user only has the right to request, receive and examine information about the account and the services related to that account, and has no ownership or survivorship rights in the account or to the funds held in the account, and cannot conduct transactions (other than ac- cessing accessing information), initiate, change, add, close or terminate the account or ser- vices. If you request us to place an information user on an account who has not signed the Part 1 account form (or other form we use), you agree that person is an information user on the account who may access information about the account and the services related to that account according to this Agreement. Once you have designated an information user on your account, it is your sole responsibility and not our responsibility to monitor an information user’s access to and use of account and service information, and you agree that we have no duty or responsibility to monitor, inquire about or notify you of the access to or use of account and service information by your information user on the account, or assure that the access or use of that information is for your benefit. The information user’s authority to access and use account and service information will continue until we receive written notice that you have terminated the information user’s authority or until we receive written notice of your death authority. The owner and have a reasonable opportunity to act on that notice. Any owner any representative may also remove an information user from an account, though if you wish to terminate an information user’s authority to access and use account and service information, we may require you to must notify us in writing and we may require you to change Part 1 of this Agreement or close the account. We have no duty to prevent an information user from accessing or using the account and service information until you have made any requested this change or closed the account.

Appears in 1 contract

Samples: Service Agreement

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