My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
J.P. MORGAN CHASE BANK, N.A. 1A - 2015
Clerk
>
Contracts / Agreements
>
J
>
J.P. MORGAN CHASE BANK, N.A. 1A - 2015
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/13/2016 4:03:34 PM
Creation date
7/13/2016 3:57:09 PM
Metadata
Fields
Template:
Contracts
Company Name
J.P. MORGAN CHASE BANK, N.A.
Contract #
A-2015-303
Agency
FINANCE & MANAGEMENT SERVICES
Council Approval Date
12/15/2015
Expiration Date
12/31/2016
Insurance Exp Date
6/1/2017
Destruction Year
2021
Notes
a-2010-204
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
178
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
I I I � <br />Funds Transfer Security Procedure Agreement V1.2_0406_(1105) <br />Commercial Banking <br />The undersigned (the "Customer") has requested the ability to provide payment orders (including any amendments thereof, "payment orders ") <br />with respect to its accounts at JPMorgan Chase Bank, N.A. (the "Bank ") in writing, by fax, electronically or orally, as from time to time <br />permitted by the Bank. This sets forth the agreement between the Customer and the Bank with respect to the security procedures which the <br />Bank will follow with respect to such payment orders. This agreement applies to any of the Customer's accounts currently andlor <br />subsequently maintained at the Bank. <br />The agreed -upon security procedure for the verification of payment orders is callback verification. The Bank will verify the authenticity of any <br />oral or written (including writings transmitted by facsimile) payment orders, which exceed dollar thresholds from time to time established by <br />Bank, issued in the name of the Customer, by obtaining confirmation from any person whom, according to the Bank's records, the Customer <br />has designated as [(or any other person which the Bank otherwise reasonably believes to be)] authorized to issue instructions or payment <br />orders or to verify payment orders on any of the Customer's accounts with the Bank at the telephone number in the Bank's records. <br />Changes to callback information must be provided to the Bank in writing by an authorized person. In certain other circumstances (e.g., <br />repetitive payment orders or payment orders of which the Customer is the beneficiary), the Bank . may elect not to obtain callback verification. <br />The Bank may elect, but is not obligated, to follow any other or additional verification procedures in its discretion. <br />All payment orders are subject to the Bank's acceptance and, without limiting the generality of the foregoing, the Bank will not be obligated to <br />accept a payment order which has not been confirmed by callback. The Customer agrees to be bound by any payment order, whether or not <br />authorized, issued in Its name and accepted by the Bank in accordance with the security procedures described herein. It is understood that <br />these security procedures are designed to verify the authenticity, and not the correctness, of payment orders. <br />The Customer hereby ratifies and confirms its agreement to the Bank's account terms and conditions and funds transfer service terms, as in <br />effect on the date hereof and applicable to the Customer's accounts at the Bank and as may be amended from time to time (collectively, the <br />'Account Terms "). In the event of a conflict between this agreement and the Account Terms, this agreement shall control. This agreement <br />shall be governed by and construed in accordance with the laws of the State of California. Each party hereby represents and warrants to the <br />other that the person executing and delivering this agreement on such party's behalf is duly authorized and empowered to do so- <br />The Customer <br />VIPE�aoNe A AM—__ <br />95- 6000785 <br />ate. : :r:wrP°a�sr,-rrnm, —° � <br />By <br />e"tore <br />FRANCISO GUTIERREZ <br />+P"A NMtP <br />EXECUTIVE DIRECTOR. FINANCES MGM i AGENCY <br />By <br />C��IS -[INE C. DUARTE <br />TREASURY MANAGER <br />TIFF <br />Date le // H/ <br />The Uank <br />JPMORGAN CHASE BANK, N.A. <br />ty. <br />�PLIFi #fit , <br />PN: 3509141)OC 11): 3 Pigzc 21 of 51 <br />
The URL can be used to link to this page
Your browser does not support the video tag.