Common use of General Security Measures Clause in Contracts

General Security Measures. Customer agrees to implement reasonable security measures to assure that only Customer’s authorized employees have the ability to transmit information and instruction to Bank for the purposes of any Service. Bank strongly recommends that Customer adopts an internal, dual control environment in connection with each Service. If Customer chooses not to do so, Xxxxxxxx agrees to adopt a standard greater than ordinary care with respect to Customer accounts, employee supervision, internal controls, and review of statements and other transaction information.

Appears in 5 contracts

Samples: Management Services Agreement, Management Services Agreement, Management Services Agreement

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General Security Measures. Customer agrees to implement reasonable security measures to assure that only Customer’s authorized employees have the ability to transmit information and instruction to Bank for the purposes of any Service. Bank strongly recommends that Customer adopts an internal, dual control environment in connection with each Service. If Customer chooses not to do so, Xxxxxxxx Customer agrees to adopt a standard greater than ordinary care with respect to Customer accounts, employee supervision, internal controls, and review of statements and other transaction information.

Appears in 1 contract

Samples: Master Treasury Management Services Agreement

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