Common use of Identification of Users Clause in Contracts

Identification of Users. 1. The Borrower will be required to identify in a completed Authorized Signatory Letter (ASL) duly delivered to and received by the Bank each person who will be authorized to deliver Applications. The Bank will provide SIDC to each person identified in the ASL (Signatory), as provided below. The Borrower shall also immediately notify the Bank if a Signatory is no longer authorized by the Borrower to act as a Signatory. 2. Each Signatory must register as a user on the Bank’s Client Connection (CC) website (xxxxx://xxxxxxxxxxxxxxxx.xxxxxxxxx.xxx ) prior to receipt of his/her SIDC. Registration on CC will require that the Signatory establish a CC password (CC Password). The Signatory shall not reveal his/her CC Password to anyone or store or record the CC Password in written or other form. Upon registration as a CC user, the Signatory will be assigned a unique identifying account name.

Appears in 4 contracts

Samples: Advance Agreement, Advance Agreement, Advance Agreement

AutoNDA by SimpleDocs

Identification of Users. 1. The Borrower will be required to identify in a completed Authorized Signatory Letter (ASL) duly delivered to and received by the Bank each person who will be authorized to deliver Applications. The Bank will provide SIDC to each person identified in the ASL (Signatory), as provided below. The Borrower shall also immediately notify the Bank if a Signatory is no longer authorized by the Borrower to act as a Signatory. 2. Each Signatory must register as a user on the Bank’s Client Connection (CC) website (xxxxx://xxxxxxxxxxxxxxxx.xxxxxxxxx.xxx xxxxx://xxxxxxxxxxxxxxxx.xxxxxxxxx.xxx) prior to receipt of his/her SIDC. Registration on CC will require that the Signatory establish a CC password (CC Password). The Signatory shall not reveal his/her CC Password to anyone or store or record the CC Password in written or other form. Upon registration as a CC user, the Signatory will be assigned a unique identifying account name.

Appears in 2 contracts

Samples: Disbursement Letter, Grant Agreement

AutoNDA by SimpleDocs

Identification of Users. 1. The Borrower Recipient will be required to identify have identified in a completed Authorized Signatory Letter authorized signatory letter (ASL) duly delivered to and received by the Bank each person Signatory who will be authorized to deliver Applications. The Bank will provide SIDC Tokens to each person Signatory identified in the ASL (Signatory)ASL, as provided below. The Borrower Recipient shall also immediately notify the Bank if a Signatory is no longer authorized by the Borrower Recipient to act as a Signatory. 2. Each Signatory must register as a user on the Bank’s Client Connection (CC) Connection” website (xxxxx://xxxxxxxxxxxxxxxx.xxxxxxxxx.xxx ) prior to receipt delivery of his/her SIDCTokens. Registration on CC will require that the Signatory establish a CC password (CC Password). The Signatory shall not reveal his/her CC Password to anyone or store or record the CC Password in written or other form. Upon registration as a CC useruser (“CC User”), the Signatory will be assigned a unique identifying account name.

Appears in 1 contract

Samples: Loan Agreement

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