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: Treasury Management Services Agreement, Treasury Management Services Agreement, Treasury Management Services Agreement

AutoNDA by SimpleDocs

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: Treasury Management Services Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!