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Agmt15 Wells Fargo Bank
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Agmt15 Wells Fargo Bank
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Last modified
8/27/2015 10:18:12 AM
Creation date
8/27/2015 10:16:26 AM
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Template:
Agreement
Contractor Name
Wells Fargo Bank
PROJECT NAME
Banking and Cash Management Services
RMP File Number
304
Date
8/26/2015
MO Ref
15-141
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CHEXSTOR� SERVICE DESCRIPTION ' • <br /> 1. Introduction. The Service Documentation contains the terms governing the Wells Fargo Bank, <br /> N.A. ("Bank") CheXstor service ("Service") and includes: <br /> (a) this Service Description; <br /> (b) the Acceptance of Services or Treasury Management Product Enrollment form; <br /> (c) the Master Agreement for Treasury Management Services ("Master Agreement"); <br /> (d) the account agreement governing the account(s) Company uses in connection with the <br /> Service; and <br /> (e) User Guides which include Terms of Use, software, software licenses, price schedules, <br /> specifications, instructions, and notices; <br /> This Service Description and the Master Agreement are posted at Bank's Commercial <br /> Electronic Office� (CEO� portal. If there is a conflict among the documents comprising the <br /> Service Documentation, they will govern in the order listed above. Company's use of the <br /> Service confirms Company's receipt of and agreement to be bound by the applicable Service <br /> Documentation. If an enhancement to the Service or other change requires a change to this <br /> Service Description, Bank will post an updated Service Description on the CEO� portal. When <br /> required by applicable law, Bank will notify Company of the update. If Company continues to <br /> use the Service after the update takes effect, Company will be deemed to have agreed to the <br /> update. <br /> 2. Description of Service. The Service enables Company to have Bank maintain microfilm <br /> records of all Items paid on each deposit account of Company at Bank that Company enrolls in <br /> the Service (each an "Account"). Bank will maintain microfilm records for a period of seven <br /> years or any longer period required by applicable law ("Record Period"). Each Item Bank <br /> microfilms will be shredded and recycled. As part of the Service, Bank will provide a photocopy <br /> of any Item posted against the Account which Company requests during the Record Period. <br /> Company may request a photocopy electronically via Bank's Commercial Electronic Office� or <br /> by contacting Bank at the telephone number on Company's account statement. <br /> 3. Liability. If Bank fails to provide in a timely manner a copy of an Item Company requests <br /> during the Record Period, Bank will reimburse Company for (and Bank's liability will be limited <br /> to) any direct monetary loss Company incurs as a result of the Item's unavailability (not to <br /> exceed the amount of the Item). Bank will require Company to substantiate any claimed loss. <br /> �2014 Wells Fargo Bank,N.A.All rights reserved. <br /> TM-1410 CheXstor Service Description Paqe 1 of 1 <br /> Revised 0430-2014 <br />
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