Common use of SECURITY PROCEDURES AND COMMUNICATIONS Clause in Contracts

SECURITY PROCEDURES AND COMMUNICATIONS. Application of the procedures and Security Codes to authenticate a Communication will be collectively referred to as the “Security Procedures” in this Agreement. If we take any action that is not provided in the Security Procedures in connection with any Communication, such additional action should not be deemed to become a mandatory part of the continuing Security Procedures. You understand and agree that we will use the Security Procedures to verify the authenticity of Communications and that the Security Procedures are not designed to, and are not used for the purpose of, detecting errors in transmission or content of Communications, including discrepancies between account names and numbers. Before using a Service and before sending a Communication to us, you will review the Security Procedures and determine whether the Security Procedures will provide a commercially reasonable method for verifying whether a Communication is that of yours. As part of the review, you will consider the size, type and frequency of Communications you normally make or anticipate making, along with such other factors as you may deem relevant or appropriate. • Commercially Reasonable Procedures. If the size, type or frequency of Communications made by you changes such that the Security Procedures in use by you no longer provide a commercially reasonable method of providing security against unauthorized Communications, you shall immediately notify us.

SECURITY PROCEDURES AND COMMUNICATIONS. Application of the procedures and Security Codes to authenticate a Communication will be collectively referred to as the “Security Procedures” in this Agreement. If we take the Bank takes any action that is not provided in the Security Procedures in connection with any Communication, such additional action should not be deemed to become a mandatory part of the continuing Security Procedures. You understand and agree that we the Bank will use the Security Procedures to verify the authenticity of Communications and that the Security Procedures are not designed to, and are not used for the purpose of, detecting errors in transmission or content of Communications, including discrepancies between account names and numbers. Before using a Service and before sending a Communication to usthe Bank, you will review the Security Procedures and determine whether the Security Procedures will provide a commercially reasonable method for verifying whether a Communication is that of yours. As part of the review, you will consider the size, type and frequency of Communications you normally make or anticipate making, along with such other factors as you may deem relevant or appropriate. • Commercially Reasonable Procedures. If the size, type or frequency of Communications made by you changes such that the Security Procedures in use by you no longer provide a commercially reasonable method of providing security against unauthorized Communications, you shall immediately notify usthe Bank.