Section III. OPTIONS - [Check One or More Options, If Applicable]
Section 3.1. Manager Managed Option
- If Entity is opening a deposit account and treasury management services that will be managed by a property manager or other fiduciary and wish to authorize such manager/fiduciary to take action on the Entity's behalf, Entity must check this Manager-Managed option and provide the name of the Manager below. Bank may require additional documentation from the Manager. DO NOT CHECK IF ENTITY IS THE MANAGER; ONLY CHECK IF ENTITY IS NAMING A MANAGER
RESOLVED FURTHER: that
and its subsidiaries, and their respective successors are appointed as agents of the Entity to act on behalf of the Entity with respect to all matters authorized in these DDA/TM Resolutions set forth above including to manage Entity's Accounts and services including the authority to establish Accounts, and execute and act as agents under the Banking Agreements, and make deposits to, withdrawals from and otherwise deal with such Accounts and to obtain and use Fifth Third Bank treasury management services on behalf of Entity, and to appoint individuals to act as their authorized representatives and as Authorized Persons for such services.
Section 3.2. Affiliate Services Option
- If Entity is acting on behalf of one or more entities in which Entity directly or indirectly owns an equity interest (each, an “Affiliate”), Entity must check the Affiliate option, and must complete the Affiliate Authorization section below, as applicable
RESOLVED, that Entity owns directly or indirectly an equity interest in each Affiliate listed in the Affiliate Authorization section below and Entity resolves that each such Affiliate may join the Banking Agreements, Commercial Card Service Agreement or other agreement with the Bank as a customer and as permitted by Bank from time to time; and
- Signor is duly authorized under the governing documents and resolutions of each Affiliate to give this certification to the Bank; and
- these resolutions are a true copy of resolutions adopted by the governing body of each Affiliate;
- that such resolutions are now in full force and effect and are pursuant to each the governing documents of each Affiliate; and
- each of the Authorized Persons named in the Affiliate Authorization Section (as specified for such Affiliate) is authorized to act on behalf of an Affiliate to the same extent as any Authorized Person in the Entity Authorization Section is permitted to act on behalf of Entity.
Section 3.3. Channel Administrator Option
- If Entity will use any of the Bank's online channels, whether through the Bank's online platform Fifth Third Direct, or otherwise, for online banking needs, Entity must check the Channel Administrator option, establish Channel Administrators, elect or waive Dual Administration Control, and provide the requisite Channel Administrator information below.
RESOLVED, that as Entity and Bank have or will enter into an Online Channel Access Agreement (“OCAA”) or another Bank agreement governing the use of Fifth Third Direct and other access channels (“Access Agreement”), the following person(s) designated below is/are hereby authorized and designated as the Channel Administrator(s) within such Access Channel(s), which includes Fifth Third Direct and other websites or portals, with all of the authority