Common use of Ownership of Accounts Clause in Contracts

Ownership of Accounts. a. All Accounts opened in connection with the Purchase Program are non-transferable and non-assignable by the Accountholder. Accountholder will be responsible for all charges incurred through the use of the Account opened under the Purchase Program no matter how it is incurred or who has incurred it. b. TreviPay reserves the right to cancel the Account(s) at any time. Accountholder will be responsible for all charges incurred through the use of the Account issued hereunder by Accountholder or by any Authorized Persons and agrees to repay all amounts owing on the Account. c. The Accountholder is liable and agrees to be responsible for any unauthorized use of the Account. If an Account number, sub-Account number or any password or Account credentials are lost, stolen or compromised or suspected to be lost, stolen or compromised, or if the Accountholder believes there may have been unauthorized access to the Account, it is the Accountholder’s sole responsibility to notify TreviPay immediately and Accountholder must immediately deactivate the Account through the Program Website to prevent unauthorized usage of the Account. Any unauthorized usage of the Account prior to such deactivation shall remain the Accountholder’s sole responsibility. Accountholder should follow-up such deactivation with written notification sent directly to TreviPay program support at the notice address listed below, and using the telephone number or email address located at the bottom of the Program Website, or through the Program Website. Upon receipt of such deactivation notice, TreviPay program support will suspend and/or close the Account and will take commercially reasonable steps to prevent the further usage of the Account number and sub-Account numbers. If the Account number or any sub-Account number is honored prior to the receipt of such deactivation notice, Accountholder will be responsible for all charges incurred through the use of the Account. d. The Accountholder (and the Administrator and each User is responsible for keeping its password(s) and other credentials confidential and safe and for protecting its password(s) and credentials to access the Program Website and to select a password that cannot be easily guessed. The Accountholder will be liable for any unauthorized uses of the Program Website (as well as the Account as set forth in this Section). e. Access to the Program Website must be restricted to the Administrator and Users who are authorized representative(s) of Accountholder. All requests for changes to the Account or other communications regarding the Account must be submitted electronically through the Program Website, or in a written notice or in an email from an officer and/or another authorized representative of the Accountholder as set forth in Section 4(b), or as otherwise agreed to by TreviPay.

Appears in 3 contracts

Samples: Accountholder Agreement, Purchase Program Accountholder Agreement, Purchase Program Accountholder Agreement

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Ownership of Accounts. a. All Accounts opened accounts issued in connection with the Purchase Program are non-transferable and non-assignable by the Accountholder. Accountholder will be responsible for all charges incurred through the use of the Account opened under the Purchase Program no matter how it is incurred or who has incurred it. b. TreviPay reserves the right to cancel the Account(s) at any timetransferable. Accountholder will be responsible for all charges incurred through the use of the Account issued hereunder by Accountholder or by any Authorized Persons and agrees to repay all amounts owing on the Account. c. hereunder. The Accountholder is liable for any unauthorized uses of the Account, and the Accountholder agrees to be responsible for any unauthorized use of the Accountuse. If an Account number, sub-Account number is lost or any password or Account credentials are lost, stolen or compromised or suspected to be lost, stolen or compromised, or if the Accountholder believes there may have been unauthorized access to the Accountstolen, it is the Accountholder’s sole responsibility to notify TreviPay immediately and Accountholder must immediately deactivate the Account number through the Program Website to prevent unauthorized usage of the Account. Any and any unauthorized usage of the Account prior to such deactivation shall remain the Accountholder’s sole responsibility. Accountholder should follow-up such deactivation with written notification sent directly to TreviPay program support MSTS at the notice address listed below, and using the telephone number or email address located at the bottom of the Program Website, or through the Program Website. Upon receipt of such deactivation notice, TreviPay program support MSTS will suspend and/or close the Account and will take commercially reasonable steps to prevent the further usage of the Account number and sub-Account numbersNumber. If the Account number or any sub-Account number Number is honored prior to the receipt of such deactivation notice, Accountholder will be responsible for all charges incurred through the use of the Account. d. b. Accountholder shall be responsible for all unauthorized usage prior to notification in accordance with this Section 4 except for unauthorized usage related to Account numbers that have been compromised, stolen, or otherwise misappropriated due to gross negligence or willful misconduct on the part of MSTS. c. The Accountholder (and the Administrator and each User is responsible for keeping its protection of password(s) and other credentials confidential and safe and for protecting its password(s) and credentials access to access the Program Website and to select a password that cannot be easily guessed. The Accountholder will be agrees it is liable for any unauthorized uses of the Program Website (as well as and the Account as set forth in this Section). e. d. Access to the Program Website must be restricted to the Administrator and Users who are officers or other authorized representative(s) of Accountholder. In the event a password is lost or compromised, or Accountholder believes there may have been any unauthorized access to its Account, it must immediately notify MSTS. All requests for changes to the Account or other communications regarding the Account must be submitted electronically through the Program Website, or in a written notice or in an email from an officer and/or another authorized representative of the Accountholder as set forth in Section 4(b4(a), or as otherwise agreed to by TreviPayMSTS.

Appears in 2 contracts

Samples: Purchase Program Accountholder Agreement, Purchase Program Accountholder Agreement

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Ownership of Accounts. a. All Accounts opened in connection with the Purchase Program are non-transferable and non-assignable by the Accountholder. Accountholder will be responsible for all charges incurred through the use of the Account opened under the Purchase Program no matter how it is incurred or who has incurred it. b. TreviPay MSTS reserves the right to cancel the Account(s) at any time. Accountholder will be responsible for all charges incurred through the use of the Account issued hereunder by Accountholder or by any Authorized Persons and agrees to repay all amounts owing on the Account. c. The Accountholder is liable and agrees to be responsible for any unauthorized use of the Account. If an Account number, sub-Account number or any password or Account credentials are lost, stolen or compromised or suspected to be lost, stolen or compromised, or if the Accountholder believes there may have been unauthorized access to the Account, it is the Accountholder’s sole responsibility to notify TreviPay MSTS immediately and Accountholder must immediately deactivate the Account through the Program Website to prevent unauthorized usage of the Account. Any unauthorized usage of the Account prior to such deactivation shall remain the Accountholder’s sole responsibility. Accountholder should follow-up such deactivation with written notification sent directly to TreviPay MSTS program support at the notice address listed below, and using the telephone number or email address located at the bottom of the Program Website, or through the Program Website. Upon receipt of such deactivation notice, TreviPay MSTS program support will suspend and/or close the Account and will take commercially reasonable steps to prevent the further usage of the Account number and sub-Account numbers. If the Account number or any sub-Account number is honored prior to the receipt of such deactivation notice, Accountholder will be responsible for all charges incurred through the use of the Account. d. The Accountholder (and the Administrator and each User is responsible for keeping its password(s) and other credentials confidential and safe and for protecting its password(s) and credentials to access the Program Website and to select a password that cannot be easily guessed. The Accountholder will be liable for any unauthorized uses of the Program Website (as well as the Account as set forth in this Section). e. Access to the Program Website must be restricted to the Administrator and Users who are authorized representative(s) of Accountholder. All requests for changes to the Account or other communications regarding the Account must be submitted electronically through the Program Website, or in a written notice or in an email from an officer and/or another authorized representative of the Accountholder as set forth in Section 4(b), or as otherwise agreed to by TreviPayMSTS.

Appears in 1 contract

Samples: Purchase Program Accountholder Agreement

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