Common use of Third Party Personal Financial Management Software Clause in Contracts

Third Party Personal Financial Management Software. Customer may, at its option and in its discretion, access certain Accounts and Bank information related thereto via PFM Software which Customer has purchased from a software manufacturer, or a retailer of Customer’s choice. Customer’s use of PFM Software is at Customer’s risk and is governed by the software license agreements between Customer and the third party from whom it was acquired it. Customer agrees to use the PFM Software according to the license agreement and any instructions or guidance from such third party. Customer is responsible for the correct set-up and installation of the PFM Software and use of the PFM Software according to any and all instructions or guidance provided. Customer may download information into your PFM Software from certain Accounts. Some but not all Account information may be downloaded into your PFM Software. The Accounts for which these options are available will be identified by Bank. The Bank may also add to, modify, or delete, or limit any feature of your ability to access Account and related Bank information via an interface through PFM Software, in its sole discretion from time to time. The following additional terms and conditions apply to any use of PFM Software to access your Accounts: (i) Account statements that we generate are the official record of account information, including transactions and balances, and the information you download in to your PFM Software is for your informational purposes only and is not considered an official record of your Account. (ii) Account information won’t necessarily reflect banking, financial, or investment activities and transactions that have not yet been completed or settled, and will only reflect the account information in your Accounts at the exact point in time that you download the information. (iii) Account information in your Accounts may reflect transactions as of a prior time period and may not be current when you download the information. (iv) The Bank won’t automatically update Account information that you download to your PFM Software. You will have to update applicable Account information by downloading more current information from your accounts. (v) Customer’s use of any PFM Software is subject to provisions of this Agreement regarding information security, indemnification and limitations of liability. In addition, Customer agrees that Bank makes no warranties and assumes no responsibility or liability for (a) the PFM Software’s fitness for a particular purpose and non-infringement of any third party rights; (b) any loss, damages or expenses of any kind as a result of your inability to download information into the PFM Software or your reliance upon the Account information in your PFM Software; (c) unauthorized access of

Appears in 5 contracts

Samples: Master Agreement for Treasury Management Services, Master Agreement, Master Agreement

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