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� �. Amendments: These Service Terms and any processing and packaging instructions may be amended by the Bank at any time upon <br />15 days' prior notice to the Customer. The Bank will provide prompt notice of any amendment. <br />12. Termination /Suspension: The Customer may terminate the Service at any time upon written notice to the Bank. The Service Terms <br />will continue to apply to all items processed under this Service. If the Bank decides to terminate this Service, the Bank will send the <br />Customer notice thirty (30) days' prior to the discontinuance of the Service. The Bank agrees to notify the courier if the courier was <br />arranged by the Bank of such termination. Notwithstanding the foregoing, the Bank may immediately suspend the Service for so long <br />as required to arrange substitute courier services, if necessary or if the Service under existing terms becomes at any time contrary to <br />applicable law, regulations or order in any jurisdiction where the Bank is required to act. The Bank will give prompt notice of any <br />suspension. <br />13. Choice of Law: Jurisdiction: These Service Terms will be governed and construed in accordance with the laws of the State of <br />California, without regard to its conflicts of laws provisions. Both the Customer and the Bank irrevocably consent to the nonexclusive <br />jurisdiction of the courts of the State of California and United States Federal Courts in connection with any suit, action or proceeding <br />arising out of or relating to the Service Terms. <br />C. Foreign Exchange Payment <br />Foreign Exchange (FX) transactions are payments and receipts where the currency of the transaction is different from the currency of the <br />underlying account. The funds transfer may consist of more than one transaction in order to move funds from an originator's account to a <br />bene£ciary's account. The FX Payment Service allows the Customer to purchase or sell foreign currency as principal or agent ( "Trader <br />Contracts ") and to include related settlement instructions by means of an electronic communication system or a Bank access system (each an <br />"Access System"). As used herein, "Value Date" means the date specified in each Trader Contract for the delivery of the currency to be <br />bought or sold. <br />Trading Currencies. Trader Contracts will be limited to the sale or purchase of the lawful currency of such countries or any composite <br />currency as the Bank shall determine and advise the Customer from time to time. The Value Date may not be more than one year after <br />the date on which the Customer enters into the Trader Contract. If the Customer chooses to make payment by checks to be issued <br />with respect to the settlement of Trader Contracts, such checks shall be limited to such currencies as the Bank may announce to the <br />Customer from time to time; and such currencies are subject to change or termination without prior notice. <br />Contracting a Trade: <br />(a) Data Input. The Customer shall enter into each Trader Contract by following the procedures set forth in the Service Material and <br />by otherwise following the instructions provided through the Access System when using the Service. "Service Material" shall <br />mean any administrative rules, clearing house rules, payment system rules, service terms or service guides, software licenses, <br />Internet "click wrap" terms or disclosures, user guides or implementation forms that may contain operating procedures, security <br />procedures, specifications or other requirements applicable to the Services. <br />(b) Contract Rate. The Bank, in its sole discretion, will determine all rates quoted by the Bank through the Access System. Such <br />rates are basetl on various factors, including market information and information concerning the Customer and the proposed <br />Trader Contract. The Bank shall have no obligation to quote a rate based on any particular rate existing in the market or by using <br />any particular formula. <br />(c) Offer by the Customer. 1. For interactive services, the Bank and the Customer agree that the information displayed through the <br />Access System relating to the contract rate shall be deemed an invitation by the Bank to the Customer to submit an offer to the <br />Bank to enter into a Trader Contract. If the Customer wishes to make such an offer to the Bank, the Customer will enter the <br />required information prior to the expiration time set for the quoted rate. 2. For straight- through process services, the Customer <br />shall enter into each Trader Contract by following the procedures set for in the Documentation for that Service. The Bank and the <br />Customer agree that when the Customer electronically transmits the instructions specified in the Documentation to the Bank, and <br />in the manner and format specified in the Documentation, the Customer will be deemed to have made an irrevocable offer to the <br />Bank to enter into a Trader Contract at such rate as is applied to that transaction by the Bank. <br />(d) Confirmation. The Bank may, but shall not be required to, accept any offer of the Customer solely by transmitting to the Customer <br />through the Access System a confirmation (the "Confirmation "). At the moment the Bank transmits (as evidenced by its records) <br />the Confirmation, the Bank and the Customer will have entered into the Trader Contract. The Confirmation will be sent to the <br />Customer's terminal (which depending on the Service used by Customer could be by return confirmation file), and the Customer <br />may print the Confirmation, provided, however, that the Trader Contract will be valid notwithstanding the failure of the Customer to <br />receive or print a Confirmation. Each Trader Contract will give rise to an obligation for the Customer to buy from the Bank, and for <br />the Bank to sell to the Customer, the currency shown by the Confirmation as being purchased by the Customer, or for the Bank to <br />buy from the Customer, and the Customer to sell to the Bank, the currency shown by the Confirmation as being sold by the <br />Customer, on the terms shown in the Confirmation, for settlement on the Value Date. <br />(e) Buy Back of Currency. Trader Contracts, once entered into, are final and irrevocable. The Customer acknowledges and agrees <br />that the Bank has no obligation to cancel, reverse or otherwise buy back foreign currencies purchased by the Customer under the <br />Service. The Customer acknowledges that it may not be able to sell back certain foreign currencies once purchased (whether via <br />PN: 350914 DOC ID. 4 Page 43 of SI <br />