Common use of Non-Signer Administrators Clause in Contracts

Non-Signer Administrators. By designating a non-Signer as Administrator, you acknowledge, agree, and understand that (i) such Administrator will have full access to the Services and shall have the ability to transact business on the Account using the Services as if the Administrator is a Signer; (ii) such Administrator is duly authorized by you to access the Accounts and conduct transactions using the Services and any action taken by such non-Signer Administrator is hereby and shall be deemed authorized and ratified by you; and (iii) that the acceptance by a non-Signer Administrator of any terms and conditions, disclosures, or updates thereof is and shall be deemed to be accepted by you and on your behalf.

Appears in 2 contracts

Samples: Banking and Cash Management Services Master Agreement, Banking and Cash Management Services Master Agreement

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Non-Signer Administrators. By designating a non-Signer as Administrator, you acknowledge, agree, and understand that (iA) such Administrator will have full access to the Services and shall have the ability to transact business on the Account using the Services as if the Administrator is a Signer; (iiB) such Administrator is duly authorized by you to access the Accounts and conduct transactions using the Services and any action taken by such non-Signer Administrator is hereby and shall be deemed authorized and ratified by you; and (iiiC) that the acceptance by a non-Signer Administrator of any terms and conditions, disclosures, or updates thereof is and shall be deemed to be accepted acceptance by you and on your behalf.

Appears in 1 contract

Samples: Banking and Cash Management Services Master Agreement

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Non-Signer Administrators. By designating a non-Signer as Administrator, you acknowledge, agree, and understand that (iA) such Administrator will have full access to the Services and shall have the ability to transact business on the Account using the Services as if the Administrator is a Signer; (iiB) such Administrator is duly authorized by you to access the Accounts and conduct transactions using the Services and any action taken by such non-Signer Administrator is hereby and shall be deemed authorized and ratified ratified by you; and (iiiC) that the acceptance by a non-Signer Administrator of any terms and conditions, disclosures, or updates thereof is and shall be deemed to be accepted acceptance by you and on your behalf.

Appears in 1 contract

Samples: myprobank.com

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