34.2 Customers who hire a third party. Subject to the bank`s prior agreement and at its sole discretion, the customer may designate a third party as the customer`s representative in order to use one or more of the services (hereafter referred to as “third party of the customer”). All transactions that the bank receives from the third of the customer are authorized by the customer. All acts and omissions of the third of the Client are acts, omissions and responsibilities of the Client and are subject to the provisions of this Agreement. The customer is in solidarity with the third-party supplier of the customer, the bank of any liabilities, loss, damage, cost and expense of any kind (including, but not limited to, but not limited to reasonable fees and payments of legal assistance in the course of an investigation, administration or legal proceeding, whether the bank is designated as a party to the bank or not) that may occur at the bank on behalf of the customer, in connection with the actions or omissions of the third-party supplier. The customer and the third of the customer execute other agreements or documents that the bank deems necessary or appropriate before the third party of the customer opens or pursues services on behalf of the customer. Notification of termination of the third-party customer`s authority to use one or more services on behalf of the customer is communicated in writing to the bank. The effective date for this termination is ten (10) working days after the bank has received a written termination. The customer accepts that the bank retains the right to refuse all transactions that have been initiated at its discretion by the third-party customer. This allows you to borrow in-house and provides a comprehensive picture of all loans and bonds of all the companies in the group. From an organizational point of view, intercompany management creates a system that avoids chaotic external financial transactions. From an economic point of view, Intercompany`s management is justified by the premise that a company within the group can finance a subsidiary or parent company on terms more advantageous than those of the banking market.
“Cash management service” refers to one or all of the various electronic banking and/or other cash management services provided from time to time by the bank (and/or third parties) to the customer in accordance with this agreement, annexes, installation forms (defined below) and all documents, guides or manuals provided by the bank. “credit account agreement,” all notes to order, credit contracts, mortgages and any other document, advertisement or other agreement that the customer makes or otherwise consents, defining the rights and responsibilities of the customer, under or otherwise, the terms of the customer`s credit accounts with the bank, which may be changed from time to time. E-mail: The customer can email cashmanagement@radiusbank.com the bank. PLEASE NOTE: Regular emails are not secure. Customers should not send confidential or sensitive information such as a social security number, account number, personal identification number or password in the text of an email or any attachment. In the case of a cash management agreement with one of the group`s entities, any company in the group may assign a mandate (cash management agreements) to another entity of the group (the parent company) to allow that company to manage its cash flow. 5. Customer information.
The customer undertakes to provide the bank, before the start of providing a service to the customer, all the information that may be necessary to comply with the laws and policies and procedures in force of the bank with regard to the identification and authority of the customer.