Participation Agreement for Wisconsin Local Governments.doc
DOC document 48 KB Posted
- Attached to
- Enterprise Banking Services
- Contract number
- 505ENT-M21-ENTBANKING-01
- Issued by
- Wisconsin
About this file
This document is a Participation Agreement template for Wisconsin local governments to join an Enterprise Banking Services Contract with U.S. Bank National Association. The agreement allows individual Wisconsin local governments to participate in a master banking services contract by executing this participation agreement, which incorporates the Bank Fee Price Sheet from the underlying Master Agreement while excluding other terms.
The contract covers enterprise banking services, with participating local governments agreeing to pay their allocated share of fees as determined by U.S. Bank according to the Bank Fee Price Sheet referenced in the Master Agreement. The participation agreement term runs until June 30, 2027, and requires participants to execute all additional agreements and authorizations required by the contractor. Local governments must obtain necessary approvals before entering the agreement, and the document serves as a streamlined mechanism for Wisconsin municipalities to access banking services under the broader statewide contract vehicle.
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Text version
ENTERPRISE BANKING SERVICES CONTRACT
PARTICIPATION AGREEMENT FOR WISCONSIN LOCAL GOVERNMENTS
This instrument, (the " Participation Agreement"), is between U.S. Bank National Association, (“the Contractor”) and the [LOCAL GOVERNMENT OF _______________________] (“Participant)” For good and valuable consideration, receipt of which is hereby acknowledged, both parties agree as follows:
1. The Bank Fee Price Sheet of the Enterprise Banking Services Contract (“Master Agreement”) shall be incorporated herein by this reference as if fully set forth herein. Terms other than the Bank Fee Price Sheet shall not be incorporated.
2. All terms used herein shall have the same meaning as in the Master Agreement, unless specified to the contrary.
3. For purposes of this Participation Agreement, the terms "you" and "your" under the Master Agreement shall mean the Participant.
4. Participant represents that Participant has received all the necessary approvals to enter into this Participation Agreement and the undersigned represents that he or she is legally authorized to execute this Participation Agreement on behalf of the Participant.
5. Participant hereby agrees to pay its allocated share of the fees as set forth in the Bank Fee Price Sheet in the Master Agreement, as determined by the Contractor.
6. The Participation Agreement shall commence on the effective date set forth below and continue until June 30, 2027.
7. Participant agrees to execute all agreements and authorizations required by the Contractor.
IN WITNESS WHEREOF, the parties have caused this Participation Agreement to be executed effective as of _____________________.
Local Government of:
U.S. Bank
Signature:
(Type Name):
Signature:
(Type Name):
Title:
Title:
Agency/Local Government Name:
Date:
Date:
Master Agreement for Electronic Receipting Services
File details come from the government source that posted it. Updated .