PERFORMING THE OPERATIONS Sample Clauses
The "Performing the Operations" clause defines the responsibilities and procedures for carrying out the agreed-upon tasks or services under a contract. It typically outlines who is responsible for executing specific operations, the standards or methods to be followed, and any timelines or milestones that must be met. For example, it may specify that a contractor must use certain equipment or adhere to industry best practices while performing their duties. This clause ensures that both parties have a clear understanding of how the operational aspects of the agreement will be handled, thereby reducing the risk of disputes and ensuring that expectations are met.
PERFORMING THE OPERATIONS. 8.1 The Bank shall provide E-Services within its service hours determined by the Bank. The Bank shall have the right to suspend provision of E-Services for the system maintenance, or if the hardware or software used by the E-User endanger the security of E-Services.
8.2 The E-User shall be entitled to use E-Services according to his/her E-User rights’ profile. E-User rights’ profiles are Account based, which means that E-Users may have different rights concerning different Accounts.
8.3 Submission of Payment orders via NetBank consists of the following stages: Entering → Approving → Authorizing. The Entering and Approving stages are optional, which means that Authorizer can make payments by skipping them. However, the Customer may choose to make these stages mandatory by adding an asterisk to the Signature Formula symbol of the relevant E-User right profile (R* or B*). In such case the Authorizer cannot authorize Payment without the registrant of payments entering the payment and approver of the payments approving the payment.
8.4 The Customer may also establish joint Approving and/or Authorizing requirements for certain E-Users. In such case the required number of E-Users must respectively approve or authorize the Payment (for example Signature Formula B2 means that two E-Users with B2 rights must approve the Payment, Signature Formula A3 means that three E-Users with A3 right must authorize the Payment).
8.5 The E-User shall be obliged to notify the Bank about any errors or disturbances hindering the performance of Operations.
8.6 For security purposes the Parties may agree that the Bank shall ask approval for certain Operations before performing them, by calling the phone number appointed for this purpose by the Customer. The Customer shall ensure that the person answering the call is entitled to approve such Operations. The Bank shall have the right to refuse from performing the Operation if that person shall not approve the Operation or if the call is not answered.
8.7 The Bank shall have the right to refuse from performing the Operation if the Security Keys have been used incorrectly or if the Bank has doubts about the identity of the E-User.
PERFORMING THE OPERATIONS. 8.1 The Bank shall provide eServices within service hours determined by the Bank. The Bank shall have the right to suspend provision of eServices for the system maintenance.
8.2 The User shall be entitled to use eServices according to his/her User rights. User rights are Account based, which means that Users may have different rights concerning different Accounts. For making payments from an Account also joint rights can be given, in which case a payment must be authorized by the required number of Users.
8.3 The User shall be obliged to notify the Bank, without delay, about any errors or disturbances hindering the use of eServices, as well as of any unauthorized Operations.
8.4 For security purposes the Parties may agree that the Bank shall ask approval for certain Operations before performing them, by calling the phone number given for this purpose by the Customer. The Customer shall ensure that the person answering the call is entitled to approve such Operations. The Bank shall have the right to refuse from performing the Operation if that person shall not approve the Operation or if the call is not answered.
8.5 The Bank shall have the right to refuse from performing the Operation if the Security Keys have been used incorrectly or if the Bank has doubts about the identity of the User.
PERFORMING THE OPERATIONS. 8.1 The Bank shall provide E-Services within its service hours determined by the Bank. The Bank shall have the right to suspend provision of E-Services for the system maintenance, or if the hardware or software used by the E-User endanger the security of E-Services.
8.2 The E-User shall be entitled to use E-Services according to his/her E-User rights’ profile. E-User rights’ profiles are Account based, which means that E-Users may have different rights concerning different Accounts.
8.3 Submission of Payment orders directly via NetBank consists of the following stages: Entering ® Approving ® Authorizing. The Entering and Approving stages are optional, which means that Authorizer can make payments by skipping them. However, the Customer may choose to make these stages mandatory by adding an asterisk to the Signature Formula symbol of the relevant E-User right profile (Registrar* or Approver*). In such case the Authorizer cannot authorize Payment without the registrar of payments entering the payment and approver of the payments approving the payment.