Common use of Physical and Electronic Security Clause in Contracts

Physical and Electronic Security. (a) Member Client is solely responsible for providing for and maintaining the physical, electronic, procedural, administrative, and technical security of data and systems in Member Client’s possession or under Member Client’s control. Without limiting the generality of the foregoing, Member Client specifically acknowledges and agrees that as part of the foregoing obligation Member Client shall comply with the provisions of Section 1.6 of the Rules, entitled “Security Requirements,” for the safeguarding of Protected Information, as that term is defined in the Rules. Financial Institution is not responsible for any computer viruses (including, without limitation, programs commonly referred to as “malware,” “keystroke loggers,” and/or “spyware”), problems or malfunctions resulting from any computer viruses, or any related problems that may be associated with the use of an online system or any ACH Origination services. Any material downloaded or otherwise obtained is obtained at Member Client’s own discretion and risk, and Financial Institution is not responsible for any damage to Member Client’s computer or operating systems or for loss of data that results from the download of any such material, whether due to any computer virus or otherwise. Member Client is solely responsible for maintaining and applying anti-virus software, security patches, firewalls, and other security measures with respect to Member Client’s operating systems, and for protecting, securing, and backing up any data and information stored in or on Member Client’s operating systems. Financial Institution is not responsible for any errors or failures resulting from defects in or malfunctions of any software installed on Member Client’s operating systems or accessed through an Internet connection.

Appears in 5 contracts

Samples: Ach Origination Agreement, Ach Origination Agreement, Ach Origination Agreement

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Physical and Electronic Security. (a) Member Client is solely responsible for providing for and maintaining the physical, electronic, procedural, administrative, and technical security of data and systems in Member ClientMember’s possession or under Member ClientMember’s control. Without limiting the generality of the foregoing, Member Client specifically acknowledges and agrees that as part of the foregoing obligation Member Client shall comply with the provisions of Section 1.6 of the Rules, entitled “Security Requirements,” for the safeguarding of Protected Information, as that term is defined in the Rules. Financial Institution UVACCU is not responsible for any computer viruses (including, without limitation, programs commonly referred to as “malware,” “keystroke loggers,” and/or “spyware”), problems or malfunctions resulting from any computer viruses, or any related problems that may be associated with the use of an online system or any ACH Origination services. Any material downloaded or otherwise obtained is obtained at Member ClientMember’s own discretion and risk, and Financial Institution UVACCU is not responsible for any damage to Member ClientMember’s computer or operating systems or for loss of data that results from the download of any such material, whether due to any computer virus or otherwise. Member Client is solely responsible for maintaining and applying anti-virus software, security patches, firewalls, and other security measures with respect to Member ClientMember’s operating systems, and for protecting, securing, and backing up any data and information stored in or on Member ClientMember’s operating systems. Financial Institution UVACCU is not responsible for any errors or failures resulting from defects in or malfunctions of any software installed on Member ClientMember’s operating systems or accessed through an Internet connection.

Appears in 2 contracts

Samples: Ach Origination Agreement, Ach Origination Agreement

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