Common use of You Are Responsible for Users and mRDC Transactions Clause in Contracts

You Are Responsible for Users and mRDC Transactions. You must train and supervise all Users with respect to (i) the operation of the mRDC Service, (ii) the User’s obligations under the User Agreement, and (iii) your obligations under the User Agreement and this Agreement. You are responsible for all acts and omissions of other Users with respect to the mRDC Service and transactions thereunder, regardless of whether such acts and omissions of other Users were authorized or directed by you. You are also responsible for all transactions made through the mRDC Service by using Access Credentials that were issued to any User, even if the person making that transaction is not an Authorized User. You are solely responsible for maintaining the secrecy and security of all Access Credentials and registered mobile devices. Without limiting the generality of the preceding paragraph, you must train each User with respect to what types of items are and are not permissible for remote deposit.

Appears in 4 contracts

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

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