Common use of Setup Clause in Contracts

Setup. Before accessing the Service, you must complete the required Service Documentation which must be accepted by Bank. The type of ACH Entries you will be allowed to originate will be only as permitted by Bank in the Service Documentation. You must also complete the required setup procedures. If you wish to access any of the Services which are available through Online Banking for Business (“OLBB”), you must also sign up for the OLBB service and complete the applicable Service Documentation and setup process and Bank must agree to provide that service to you. You are responsible for the contents of all setup instructions delivered to Bank. Bank is not responsible for detecting errors contained in any instructions or Entry Data, and Bank is entitled to rely on the information contained in your instructions. You must maintain at least one demand deposit Account with Bank to receive the Service.

Appears in 5 contracts

Samples: Treasury Services Master Agreement, Treasury Services Master Agreement, Service Description

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