Common use of Using the Service Clause in Contracts

Using the Service. You agree to: (i) follow the vault’s operations, maintenance and use instructions as provided by your Third Party Vendor for depositing United States currency, United States coins, and checks drawn on United States banks (collectively, “Currency”); (ii) report “said to contain” information as may be available based on the vault used; (iii) contract with a vault vendor (approved by us) designated in the Specifications (a “Third Party Vendor”) to maintain and service their vault; and (iv) pay us the fees we quote for the processing and accounting of the Currency deposited in the vault. In the event of a Third Party Vendor’s insolvency, a stolen or damaged vault unit, counterfeit currency, contaminated currency, or other events causing the loss of, or fitness of, the currency from the vault, we are not liable and any provisional credit will be debited accordingly. In the event that there are recurring shortages in deposits relating to Third Party Vendor count of any Currency, the parties hereto shall fully cooperate with one another (and, to the extent required under the Third Party Vendor agreements, the Third Party Vendor) in conducting an investigation of any question relating to the shortage, or the cause thereof, to the extent reasonably possible. Any such investigation may, at our election, be conducted by us or the Third Party Vendor. Each party agrees that if it finds any discrepancy, overage or shortage in the deposits, it shall use commercially reasonable efforts to immediately notify the other party of such event.