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11/15/2016 (2)
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11/15/2016 (2)
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Last modified
12/10/2020 1:10:04 PM
Creation date
12/10/2020 12:13:03 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
11/15/2016
Meeting Body
Board of County Commissioners
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Customer, may be agreed to by Bank. Non -daily Reports <br />contain cumulative information for the period covered in the <br />Report. Reports will be made available to Customer through <br />the designated channel offered by Bank and selected by <br />Customer from time to time. Bank may change any such <br />offered channel at any time. <br />3.4 This Agreement is Bank's record of <br />Customer's instructions regarding the Services. If the <br />information that Customer has provided above is incorrect in <br />any category, Customer must advise Bank immediately, as <br />Bank is NOT responsible for providing or not providing the <br />Reports unless Customer's instructions are accurately <br />described in this Agreement. <br />3.5 Bank shall be bound only to exercise <br />ordinary care in providing the Reports as set forth herein. <br />3.6 Bank shall have a reasonable time after <br />receipt of Customer's request to implement this Agreement <br />or any changes hereto or to Customer's instructions. <br />4. Account Agreement Service Fees. <br />4.1 Bank and Customer agree that the <br />Services and any Account established by Customer in <br />connection with the Services shall also be governed by the <br />Account Agreement, including one or more fee schedules <br />issued by Bank for the Account, and the terms of the <br />Account Agreement are incorporated herein by reference. If <br />there is any conflict between the terms and provisions of <br />this Agreement and the Account Agreement, the terms and <br />provisions of this Agreement shall govern, but only to the <br />extent reasonably necessary to resolve such conflict. <br />Customer agrees to compensate Bank for the Services in <br />accordance with the applicable fee schedules or written <br />agreements between Bank and Customer in effect from <br />time to time that apply to the Services. <br />4.2 Customer authorizes Bank to charge <br />Customer's Account for all applicable charges and fees to <br />the extent that such charges and fees are not offset by <br />earnings credits or allowances for Customer's Account(s). <br />Customer also agrees to pay all sales, use or other taxes <br />(other than taxes based upon Bank's net income) that may <br />be applicable to the Services. <br />4.3 Bank may amend fees associated with <br />the Services and Account(s) in aggregate or individually, at <br />any time. To the extent that such changes adversely affect <br />Customer, Bank will give notice to Customer of such <br />changes, in accordance with applicable law, or as may <br />otherwise be agreed to by the parties. <br />5. Limitation of Liability; Disclaimer of <br />Warranties. <br />5.1 Except to the extent required by law, <br />the liability of Bank in connection with the Services shall in <br />all cases be limited in accordance with the terms of the <br />Account Agreement. <br />3 ofS <br />HC# 4831-2600-0923 <br />5.2 CUSTOMER EXPRESSLY AGREES <br />THAT USE OF THE SERVICES IS AT CUSTOMER'S <br />SOLE RISK, AND THE SERVICES ARE PROVIDED <br />AS 1S," AND BANK AND ITS SERVICE PROVIDERS <br />AND AGENTS DO NOT MAKE AND EXPRESSLY <br />DISCLAIM ANY WARRANTIES, EITHER EXPRESSED <br />OR IMPLIED, WITH RESPECT TO THE SERVICES, <br />INCLUDING WITHOUT LIMITATION ANY IMPLIED <br />WARRANTIES OF MERCHANTABILITY, FITNESS <br />FOR A PARTICULAR PURPOSE, TITLE, OR NON - <br />INFRINGEMENT OF INTELLECTUAL PROPERTY <br />RIGHTS, OR THAT THE SERVICES WILL BE <br />UNINTERRUPTED OR ERROR FREE, WITHOUT <br />BREACHES OF SECURITY OR WITHOUT DELAYS. <br />IN THOSE STATES THAT DO NOT ALLOW THE <br />EXCLUSION OR LIMITATION OF LIABILITY, THE <br />LIABILITY OF BANK AND ITS SERVICE PROVIDERS <br />AND AGENTS IS LIMITED TO THE FULLEST <br />POSSIBLE EXTENT PERMITTED BY LAW. <br />6. Indemnification. Except as otherwise expressly <br />prohibited or limited by law, Customer agrees to indemnify <br />and hold Bank harmless from any and all claims, liabilities, <br />losses, damages, costs and expenses (including its <br />reasonable attorneys' fees) that Bank may incur or that may <br />be asserted by any person or entity against Bank, in <br />accordance with the terms of the Account Agreement, <br />arising out of any action at any time taken or omitted to be <br />taken by (i) Customer under or in connection with this <br />Agreement, including, but not limited. to, Customer's <br />failure to observe and perform properly each and every <br />obligation in accordance with this Agreement; or (ii) Bank <br />in reliance upon any instructions given or purporting to <br />have been given under this Agreement by Customer to <br />Bank, or any information or order which Customer <br />provides to Bank. <br />7. Term and Termination. <br />7.1 This Agreement shall be effective when <br />(i) signed by an Authorized Representative of Customer <br />and accepted by Bank. and (ii) Customer delivers to Bank <br />all documents and information reasonably required by <br />Bank prior to commencing providing the Services. <br />7.2 Except as otherwise expressly set forth <br />herein, this Agreement shall continue in effect until <br />terminated by either party on five (5) days' prior. written <br />notice. Notice for Customer must be provided by an <br />Authorized Representative. Termination will occur <br />automatically upon the closure of the Account(s). <br />7.3 Any termination of this Agreement, <br />whether initiated by Customer or Bank, will not.affect any <br />of Customer's or Bank's rights and obligations under this <br />Agreement which have arisen before the effective date of <br />termination of this Agreement. In addition, the provisions <br />of this Agreement relating to Customer's and Bank's <br />liability, Customer's indemnification of Bank, and the <br />disclaimer of warranties shall survive the termination of <br />this Agreement. <br />0614 <br />
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