Common use of ACCESS TERMINAL TRANSACTIONS Clause in Contracts

ACCESS TERMINAL TRANSACTIONS. The Depositor acknowledges and agrees that: a) using the PAC, PIN, and/or PIW to authorize a Transaction constitutes authorization of that Transaction in the same manner as if authorization was given by the Depositor in person or as otherwise contemplated or permitted by this Agreement; b) the Depositor will be bound by each such Transaction; and c) once a PAC, PIN, and/or PIW has been used to authorize a Transaction, the Transaction may not be revoked or countermanded. This Agreement and the fact that the Depositor has use of a Debit Card does not give the Depositor any credit privileges or any entitlement to overdraw the Account, except as provided by separate agreement with the Financial Institution. The Depositor irrevocably authorizes and directs the Financial Institution to debit or credit, as the case may be, the amount of any Transaction to the Account, together with any service charges or fees, authorized using the PAC, PIN, and/or PIW, in person by the Depositor or Authorized User, or as otherwise contemplated or permitted by this Agreement, in accordance with the normal practices of the Financial Institution, which may be amended from time to time without notice.

Appears in 5 contracts

Samples: Account Agreement, Business Member Account Agreement, Joint Venture Agreement

AutoNDA by SimpleDocs

ACCESS TERMINAL TRANSACTIONS. The Depositor acknowledges and agrees that: a) using the PAC, PIN, and/or PIW to authorize a Transaction constitutes authorization of that Transaction in the same manner as if authorization was given by the Depositor in person or as otherwise contemplated or permitted by this Agreement; b) the Depositor will be bound by each such Transaction; and c) once a PAC, PIN, and/or PIW has been used to authorize a Transaction, the Transaction may not be revoked or countermanded. This Agreement and the fact that the Depositor has use of a Debit Card does not give the Depositor any credit privileges or any entitlement to overdraw the Account, except as provided by separate agreement with the Financial Institution. The Depositor irrevocably authorizes and directs the Financial Institution to debit or credit, as the case may be, the amount of any Transaction to the Account, together with any service charges or fees, authorized using the PAC, PIN, and/or PIW, in person by the Depositor or Authorized UserDepositor, or as otherwise contemplated or permitted by this Agreement, in accordance with the normal practices of the Financial Institution, which may be amended from time to time without notice.

Appears in 4 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

ACCESS TERMINAL TRANSACTIONS. The Depositor acknowledges and agrees that:agrees a) using the PAC, PIN, and/or PIW to authorize a Transaction constitutes authorization of that Transaction in the same manner as if authorization was given by the Depositor in person or as otherwise contemplated or permitted by this Agreement; b) the Depositor will be bound by each such Transaction; and c) once a PAC, PIN, and/or PIW has been used to authorize a Transaction, the Transaction may not be revoked or countermanded. This Agreement and the fact that the Depositor has use of a Debit Card does not give the Depositor any credit privileges or any entitlement to overdraw the Account, except as provided by separate agreement with the Financial Institution. The Depositor irrevocably authorizes and directs the Financial Institution to debit or credit, as the case may be, the amount of any Transaction to the Account, together with any service charges or fees, authorized using the PAC, PIN, and/or PIW, in person by the Depositor or Authorized UserDepositor, or as otherwise contemplated or permitted by this Agreement, in accordance with the normal practices of the Financial Institution, which may be amended from time to time without notice.

Appears in 3 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

ACCESS TERMINAL TRANSACTIONS. The Depositor acknowledges and agrees that: a) using the PAC, PIN, and/or PIW to authorize a Transaction constitutes authorization of that Transaction in the same manner as if authorization was given by the Depositor in person or as otherwise contemplated or permitted by this Agreement; b) the Depositor will be bound by each such Transaction; and c) once a PAC, PIN, and/or PIW has been used to authorize a Transaction, the Transaction may not be revoked or countermanded. This Agreement Agreement, and the fact that the Depositor has use of a Debit Card Card, does not give the Depositor any credit privileges or any entitlement to overdraw the Account, except as provided by separate agreement with the Financial Institution. The Depositor irrevocably authorizes and directs the Financial Institution to debit or credit, as the case may be, the amount of any Transaction to the Account, together with any service charges or fees, Account authorized using the PAC, PIN, and/or PIW, in person by the Depositor or Authorized UserDepositor, or as otherwise contemplated or permitted by this Agreement, in accordance with the normal practices of the Financial Institution, which may be amended from time to time without notice.

Appears in 2 contracts

Samples: Account Agreement, Business Member Application Agreement

ACCESS TERMINAL TRANSACTIONS. The Depositor acknowledges and agrees that: a) using the PAC, PIN, PIN and/or PIW to authorize a Transaction constitutes authorization of that Transaction in the same manner as if authorization was were given by the Depositor in person or as otherwise contemplated or permitted by this Agreementagreement; b) the Depositor will be bound by each such Transaction; and c) once a PAC, PIN, and/or PIW has been used to authorize a Transaction, the Transaction may not be revoked or countermanded. This Agreement agreement and the fact that the Depositor has use of a Debit Card does not give the Depositor any credit privileges or any entitlement to overdraw the Account, except as provided by separate agreement with the Financial Institution. The Depositor irrevocably authorizes and directs the Financial Institution to debit or credit, as the case may be, the amount of any Transaction to the Account, together with any service charges or fees, Account authorized using the PAC, PIN, and/or PIW, in person by the Depositor or Authorized UserDepositor, or as otherwise contemplated or permitted by this Agreementagreement, in accordance with the normal practices of the Financial Institution, which may be amended from time to time without notice.

Appears in 1 contract

Samples: Account Agreement

AutoNDA by SimpleDocs

ACCESS TERMINAL TRANSACTIONS. The Depositor acknowledges and agrees that: : a) using the PAC, PIN, and/or PIW to authorize a Transaction constitutes authorization of that Transaction in the same manner as if authorization was given by the Depositor in person or as otherwise contemplated or permitted by this Agreement; ; b) the Depositor will be bound by each such Transaction; and and c) once a PAC, PIN, and/or PIW has been used to authorize a Transaction, the Transaction may not be revoked or countermanded. This Agreement and the fact that the Depositor has use of a Debit Card does not give the Depositor any credit privileges or any entitlement to overdraw the Account, except as provided by separate agreement with the Financial Institution. The Depositor irrevocably authorizes and directs the Financial Institution to debit or credit, as the case may be, the amount of any Transaction to the Account, together with any service charges or fees, authorized using the PAC, PIN, and/or PIW, in person by the Depositor or Authorized UserDepositor, or as otherwise contemplated or permitted by this Agreement, in accordance with the normal practices of the Financial Institution, which may be amended from time to time without notice.

Appears in 1 contract

Samples: Account Agreement

ACCESS TERMINAL TRANSACTIONS. The Depositor acknowledges and agrees that: a) using the PAC, PIN, and/or PIW to authorize a Transaction constitutes authorization of that Transaction in the same manner as if authorization was were given by the Depositor in person or as otherwise contemplated or permitted by this Agreementagreement; b) the Depositor will be bound by each such Transaction; and c) once a PAC, PIN, and/or PIW has been used to authorize a Transaction, the Transaction may not be revoked or countermanded. This Agreement agreement and the fact that the Depositor has use of a Debit Card does not give the Depositor any credit privileges or any entitlement to overdraw the Account, except as provided by separate agreement with the Financial Institution. The Depositor irrevocably authorizes and directs the Financial Institution to debit or credit, as the case may be, the amount of any Transaction to the Account, together with any service charges or fees, Account authorized using the PAC, PIN, and/or PIW, in person by the Depositor or Authorized UserDepositor, or as otherwise contemplated or permitted by this Agreementagreement, in accordance with the normal practices of the Financial Institution, which may be amended from time to time without notice.

Appears in 1 contract

Samples: Account Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!