Common use of Acknowledgment of Commercially Reasonable Security Procedures Clause in Contracts

Acknowledgment of Commercially Reasonable Security Procedures. You acknowledge and agree that this Agreement sets forth security procedures that are commercially reasonable. Subject to applicable law and this Agreement, you agree to be bound by payment instructions, whether authorized or unauthorized, which we implement in compliance with these procedures, unless you have given us prior notice of possible unauthorized use and we had a reasonable opportunity to act on such notice. Telephoning is the best method for limiting your potential losses.

Acknowledgment of Commercially Reasonable Security Procedures. You By using the Services, you acknowledge and agree that this Agreement sets forth security procedures that are commercially reasonable. Subject to applicable law and this Agreement, you You agree to be bound by payment instructions, whether authorized or unauthorized, which we implement in compliance accordance with these procedures, unless you have given us prior notice of possible unauthorized use as described above (and we have had a reasonable opportunity to act on such notice. Telephoning is the best method for limiting your potential losses).