Financial Information and Audit. Financial Institution may from time to time request information from Member Client in order to evaluate a continuation of the Service to be provided by Financial Institution hereunder and/or adjustment of any limits set by the Financial Institution. Member Client agrees to provide or make available the requested financial information immediately upon request by Financial Institution, in the form required by Financial Institution. Member Client authorizes Financial Institution to investigate or reinvestigate at any time any information provided by Member Client in connection with this Agreement or the Service. Upon request by Financial Institution, Member Client hereby authorizes Financial Institution to enter Member Client’s business premises for the purpose of ensuring that Member Client is in compliance with this Agreement and Member Client specifically authorizes Financial Institution to perform an audit of Member Client’s operational controls, risk management practices, staffing and the need for training and ongoing support, and information technology infrastructure. Member Client hereby acknowledges and agrees that Financial Institution shall have the right to mandate specific internal controls at Member Client’s location(s) and Member Client shall comply with any such mandate. In addition, Member Client hereby agrees to allow Financial Institution to review available reports of independent audits performed at the Member Client location related to information technology, the Service and any associated operational processes. Member Client agrees that if requested by Financial Institution, Member Client will complete a self-assessment of Member Client’s operations, management, staff, systems, internal controls, training and risk management practices that would otherwise be reviewed by Financial Institution in an audit of Member Client. If Member Client refuses to provide the requested financial information, or if Financial Institution concludes, in its sole discretion, that the risk of Member Client is unacceptable, if Member Client violates this Agreement or the Rules, or if Member Client refuses to give Financial Institution access to Member Client’s premises, Financial Institution may terminate the Service and this Agreement according to the provisions hereof.
Financial Information and Audit. Bank may from time to time request information from Customer in order to evaluate the initiation or continuation of a Service or adjustment of any limits set by this Agreement. Customer agrees to provide the requested financial information immediately upon request by Bank, in the form required by Bank. Customer authorizes Bank to investigate or reinvestigate at any time any information provided by Customer in connection with this Agreement and the Services. Customer agrees to submit to reasonable background checks and provide any other information to Bank that is applicable to any Service and that is necessary for Bank to comply with applicable laws and regulations and Bank’s internal policies and procedures. Bank may, in its discretion, upon providing reasonable advance notice to Customer, conduct an off-site or on-site review of Customer’s operations to ensure compliance with the provisions of any Service. Such review may include but is not limited to a review of the physical area in which Customer creates Check Images, Customer’s security procedures, Customer’s storage and destruction of Original Checks and Customer’s business activities. Without limiting the foregoing, Customer agrees to provide Bank with all information that the Bank Secrecy Act and any other applicable law or regulation that Bank, in its sole discretion, believes it should obtain. If Customer fails to provide Bank with all the information required by law and the provisions of this paragraph, Customer agrees that Bank is not obligated to provide any Service and will not incur any liability for such action or omission. Customer will cooperate fully in providing any information or fulfilling any requests of Bank pursuant to the Services. .
Financial Information and Audit. Client agrees to furnish Bank with financial statements, in a form acceptable to the Bank, upon Bank’s request. Client further agrees to furnish Bank upon request with copies of Federal Tax Returns upon their preparation each year together with all other financial information reasonably requested by Bank. Bank shall have the right from time to time in its sole discretion to audit Client’s compliance with the terms of this Agreement, including Client’s compliance with the NACHA Rules and these Service Terms & Conditions, and to require that Client submit to Bank the results of Client’s audit of such compliance in a form as required by Bank.
Financial Information and Audit. Bank may from time to time request information from Customer in order to evaluate a continuation of the ACH Services to be provided by Bank hereunder and/or adjustment of any limits set by these Terms. Customer agrees to provide the requested financial information immediately upon request by Bank, in the form required by Bank. Customer authorizes Bank to investigate or reinvestigate at any time any information provided by Customer in connection with these Terms or the ACH Services. Upon request by Bank, Customer hereby authorizes Bank or its agents, in each case, to enter Customer’s business premises for the purpose of ensuring that Customer is in compliance with these Terms, and Customer specifically authorizes Bank or its agents, in each case, to perform an audit of Customer’s operational controls, risk management practices, staffing and the need for training and ongoing support, and information technology infrastructure. Customer hereby acknowledges and agrees that Bank shall have the right to mandate specific internal controls at Customer’s location(s), and Customer shall comply with any such mandate. In addition, Customer hereby agrees to allow Bank to review available reports of independent audits performed at Customer location related to information technology, the ACH Services and any associated operational processes. Customer agrees that if requested by Bank, Customer shall complete a self-assessment of Customer’s operations, management, staff, systems, internal controls, training and risk management practices that would otherwise be reviewed by Bank in an audit of Customer. Customer shall provide Bank with the results of the annual audit conducted by an independent party pursuant to the Rules promptly (and not longer than 30 days) after such audit has been completed. If (i) Customer refuses to provide the requested financial information, (ii) Bank concludes, in its sole and absolute discretion, that the risk of Customer is unacceptable, (iii) Customer violates these Terms or the Rules, or (iv) Customer refuses to give Bank access to Customer’s premises, Bank may terminate the ACH Services according to the provisions hereof.
Financial Information and Audit. For Business Customers, we may, from time to time, request information from you to evaluate a continuation of the Cash Management Services to be provided by us hereunder and/or adjustment of any limits set by this Master Agreement and you agree to promptly and fully provide such information. You authorize us to enter, upon prior reasonable notice, your business premises for ensuring your compliance with this Master Agreement and you specifically authorize us to perform an audit of your operational controls, risk management practices, staffing and the need for training and ongoing support, and information technology infrastructure. You agree to comply with any such mandate by us as it relates to such audit. In addition, you agree to allow us to review available reports of independent audits performed at your location related to information technology, the Cash Management Services and any associated operational processes. Upon our request, you agree to complete a self- assessment of your operations, management, staff, systems, internal controls, training and risk management practices that would otherwise be reviewed by us in an audit of Customer. Our audit rights hereunder shall be limited for the strict purposes hereof and we shall have no right to review, audit, or otherwise inspect such information or documents that are unrelated to our purposes.
Financial Information and Audit. The Institution may from time to time request information from the Company in order to evaluate a continuation of the Service to be provided by the Institution hereunder and/or adjustment of any limits set by this Agreement. The Company agrees to provide the requested financial information immediately upon request by the Institution, in the form required by the Institution. The Institution has the right without cause to audit the Company. The Company authorizes the Institution to investigate or reinvestigate at any time any information provided by the Company in connection with this Agreement or the Service. Upon request by the Institution, the Company hereby authorizes the Institution to enter the Company’s business premises for the purpose of ensuring that the Company is in compliance with this Agreement and the Company specifically authorizes the Institution to perform an audit of the Company’s operational controls, risk management practices, staffing and the need for training and ongoing support, and information technology infrastructure. The Company hereby acknowledges and agrees that the Institution shall have the right to mandate specific internal controls at the Company’s location(s) and the Company shall comply with any such mandate. In addition, the Company hereby agrees to allow the Institution to review available reports of independent audits performed at the Company location related to information technology, the Service and any associated operational processes. The Company agrees that if requested by the Institution, the Company will complete an assessment of the Company’s operations, management, staff, systems, internal controls, training and risk management practices that would otherwise be reviewed by the Institution in an audit of the Company. If the Company refuses to provide the requested financial information, or if the Institution concludes, in its sole discretion, that the risk of the Company is unacceptable, or if the Company violates this Agreement or the Rules, or if the Company refuses to give the Institution access to the Company’s premises, the Institution may terminate the Service and this Agreement according to the provisions hereof.
Financial Information and Audit. Financial Institution may from time to time request information from Company in order to evaluate a continuation of the Service to be provided by Financial Institution hereunder and/or adjustment of any limits set by this Agreement. Company agrees to provide the requested financial information immediately upon request by Financial Institution, in the form required by Financial Institution. Company authorizes Financial Institution to investigate or reinvestigate at any time any information provided by Company in connection with this Agreement or the Service. Upon request by Financial Institution, Company hereby authorizes Financial Institution to enter Company’s business premises for the purpose of ensuring that Company is in compliance with this Agreement and Company specifically authorizes Financial Institution to perform an audit of Company’s operational controls, risk management practices, staffing and the need for training and ongoing support, and information technology infrastructure. Company hereby acknowledges and agrees that Financial Institution shall have the right to mandate specific internal controls at Company’s location(s) and Company shall comply with any such mandate. In addition, Company hereby agrees to allow Financial Institution to review available reports of independent audits performed at the Company location related to information technology, the Service and any associated operational processes. Company agrees that if requested by Financial Institution, Company will complete a self-assessment of Company’s operations, management, staff, systems, internal controls, training and risk management practices that would otherwise be reviewed by Financial Institution in an audit of Company. If Company refuses to provide the requested financial information, or if Financial Institution concludes, in its sole discretion, that the risk of Company is unacceptable, if Company violates this Agreement or the Rules, or if Company refuses to give Financial Institution access to Company’s premises, Financial Institution may terminate the Service and this Agreement according to the provisions hereof.
Financial Information and Audit. Upon reasonable notice to the Company from the Institution, the Company shall cause any Originator for which the Company is transmitting Entries to permit the Institution to inspect Originator's books and records and to make on-site visits to any and all Originator’s locations with regard to all information deemed by the Institution to be necessary or pertinent to the Company’s use, for the benefit of such Originator, of the ACH services provided by the Institution under this Agreement. Information subject to the Institution's right of inspection shall include all information maintained by such Originator’s policies, procedures, processes, and business, accounting, and operations practices, as well as such Originator’s customers, clients, vendors and processors if, in the opinion of the Institution, such Originator’s relationship with such parties is materially related to the Company's ACH transaction activity, conducted for the benefit of such Originator, conducted through the Institution under this Agreement. Physical site visits may be conducted to ensure notification and communication processes and disclosure requirements are being followed with respect to those addressed in the Rules. At the Institution’s request, the Company shall cause each Originator for which the Company transmits Entries to the Institution to provide information in form and content satisfactory to the Institution of such Originator’s financial condition, operational capabilities, physical security, and internal audit procedures sufficient to demonstrate to the satisfaction of the Institution such Originator’s continued ability to perform its obligations under the Rules in an accurate and timely manner.
Financial Information and Audit. Bank may from time to time request information from Customer in order to evaluate a continuation of the Service to be provided by Bank hereunder and/or adjustment of any limits set by this Booklet. Customer agrees to provide the requested financial information immediately upon request by Bank, in the form required by Bank. Customer authorizes Bank to investigate or reinvestigate at any time any information provided by Customer in connection with this Booklet and the Services. Upon request by Bank, Customer hereby authorizes Bank to enter Customer’s business premises on reasonable notice for the purpose of ensuring that Customer is in compliance with the terms of this Booklet, applicable laws and regulations, and the National Automated Clearing House Association (NACHA) Rules and Customer specifically authorizes Bank to perform an audit of Customer’s operational controls, risk management practices, staffing and the need for training and ongoing support, compliance with the NACHA Rules and this Booklet, and information technology infrastructure. Customer hereby acknowledges and agrees that Bank shall have the right to mandate specific internal controls at Customer’s location(s) and Customer shall comply with any such mandate. In addition, Customer hereby agrees to allow Bank to review available reports of independent audits performed at Customer location related to information technology, the Services and any associated operational processes. Customer agrees that if requested by Bank, Customer will complete a self-assessment of Customer’s operations, management, staff, systems, internal controls, training and risk management practices that would otherwise be reviewed by Bank in an audit of Customer. If Customer refuses to provide the requested financial information, or if Bank concludes, in its sole discretion, that the risk of Customer is unacceptable, if Customer violates the Service terms and conditions or the Rules, or if Customer refuses to give Bank access to Customer’s premises, Bank may terminate the Services and this Booklet according to the provisions hereof.
Financial Information and Audit. Bank may from time-to-time request information from Customer in order to evaluate a continuation of the Service to be provided by Bank hereunder and/or adjustment of any limits set by this Agreement. Customer agrees to provide the requested financial information immediately upon request by Bank, in the form required by Bank. Customer authorizes Bank to investigate or reinvestigate at any time any information provided by Customer in connection with this Agreement or the Service. Upon request by Bank, Customer hereby authorizes Bank to enter Customer’s business premises for the purpose of ensuring that Customer is in compliance with this Agreement and Customer specifically authorizes Bank to perform an audit of Customer’s operational controls, risk management practices, staffing and the need for training and ongoing support, and information technology infrastructure. Customer hereby acknowledges and agrees that Bank shall have the right to mandate specific internal controls at Customer’s location(s) and Customer shall comply with any such mandate. In addition, Customer hereby agrees to allow Bank to review available reports of independent audits performed at the Customer location related to information technology, the Service and any associated operational processes. Customer agrees that if requested by Bank, Customer will complete a self-assessment of Customer’s operations, management, staff, systems, internal controls, training and risk management practices that would otherwise be reviewed by Bank in an audit of Customer. If Customer refuses to provide the requested financial information, or if Bank concludes, in its sole discretion, that the risk of Customer is unacceptable, if Customer violates this Agreement or the Rules, or if Customer refuses to give Bank access to Customer’s premises, Bank may terminate the Service and this Agreement according to the provisions hereof.
