Common use of MULTIPLE USER ACCOUNTS Clause in Contracts

MULTIPLE USER ACCOUNTS. 4.1 When you open your account with us, you must nominate someone at your business to be the principal account holder. The principal account holder will have full permissions to manage the account. They can also add and remove other individuals as appointed Users, manage the permissions of appointed Users and set mandates for specific activities. Each User will need to set up their own security details. 4.2 You will be responsible for the actions of each User. Each User can give us instructions on their own in line with the mandates put in place by the Principal Account Holder, we will act on it without checking with the other Users first.

Appears in 6 contracts

Samples: Oxbury Flexi Credit Agreement, Facility Agreement, Facility Agreement

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MULTIPLE USER ACCOUNTS. 4.1 When you open your account with us, you must nominate someone at your business to be the principal account holder. The principal account holder will have full permissions to manage the account. They can also add and remove other individuals as appointed Users, manage the permissions of appointed Users and set mandates for specific activities. Each User will need to set up their own security details. 4.2 You will be responsible for the actions of each User. Each User can give us instructions on their own in line with the mandates put in place by the Principal Account Holder, we will act on it without checking with the other Users first.

Appears in 3 contracts

Samples: Term Loan Agreement, Oxbury Smallholder Mortgage Term Loan Account General Terms and Conditions, Term Loan Agreement

MULTIPLE USER ACCOUNTS. 4.1 3.1 When you open your account with us, you must nominate someone at your business to be the principal account holder. The principal account holder will have full permissions to manage the account. They can also add and remove other individuals as appointed Users, manage the permissions of appointed Users and set mandates for specific activities. Each User will need to set up their own security details. 4.2 3.2 You will be responsible for the actions of each User. Each User can give us instructions on their own in line with the mandates put in place by the Principal Account Holder, we will act on it without checking with the other Users first.

Appears in 1 contract

Samples: Term Loan Agreement

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MULTIPLE USER ACCOUNTS. 4.1 31.1 When you open your account with us, you must nominate someone at your business to be the principal account holder. The principal account holder will have full permissions to manage the account. They can also add and remove other individuals as appointed Users, manage the permissions of appointed Users and set mandates for specific activities. Each User will need to set up their own security details. 4.2 31.2 You will be responsible for the actions of each User. Each User can give us instructions on their own in line with the mandates put in place by the Principal Account Holder, we will act on it without checking with the other Users first.

Appears in 1 contract

Samples: Term Loan Agreement

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