Common use of INVOICING SERVICES Clause in Contracts

INVOICING SERVICES. If the Financial Institution through Direct Services for Small Business makes Invoicing Services available and the Depositor uses the Invoicing Services: a) the Depositor consents to the Financial Institution disclosing to Central 1 Depositor-specific data relating to the Depositor’s use of the Invoicing Services, including data about the Depositor’s customers and the timeliness of their payments; b) the Depositor acknowledges that the consents contained in a) above are requirements of the Invoicing Services and that if such consents are withdrawn, the Depositor’s participation in the Invoicing Services may be suspended or terminated; c) the Depositor is solely responsible for all data and all documents it creates using the Invoicing Services, including the accuracy of data relating to each of the Depositor’s customers, and the accuracy of invoices it sends to its customers; d) the Depositor agrees that the Financial Institution, although it has no obligation to do so, has the absolute discretion to remove, screen, or edit without notice any invoice posted or stored using the Invoicing Services, and the Financial Institution may do this at any time if it deems an invoice or the Depositor’s business related to the invoice to be unlawful or inappropriate; e) the Depositor is solely responsible for maintaining copies of its invoices; f) the Depositor may only use the Invoicing Services for the intended purpose of facilitating the generation, delivery, and tracking of invoices; and g) the Depositor agrees that the Invoicing Services are provided on an “as is” basis without warranties of any kind, either express or implied, and the Financial Institution expressly disclaims all other warranties, including implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement. The Financial Institution does not represent or warrant that: i) the Invoice Services will be reliable, uninterrupted, timely, secure, or error-free; ii) the Invoice Services will meet the Depositor’s or Signing Officer’s requirements; or iii) any errors in the Invoice Services technology will be corrected.