Cardholder Liability Sample Clauses

Cardholder Liability. You must notify us AT ONCE if you believe your Access Card or PIN has been lost or stolen. Telephoning is the best way of keeping your possible losses down. If you believe your Access Card or PIN has been lost or stolen or otherwise used without your permission, you could lose all the money in your account. If you tell us that a card is lost or stolen within the time frame set forth below, your liability for unauthorized transactions will be limited as set out. If you tell us within two (2) business days after you learn of the loss or theft of your Access Card or PIN, you can lose no more than $50 if someone used your Access Card or PIN without your permission. If you do NOT tell us within two (2) business days after you learn of the loss or theft of your Access Card or PIN, and we can prove we could have stopped someone from using your Access Card or PIN without your permission if you had told us, you could lose as much as $500. Also, if your statement shows transfers that you did not make, including those made by Access Card, PIN or other means, tell us at once. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time. If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time periods.
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Cardholder Liability. 11.2.1 In the event the Business Client does not discharge its indebtedness to us in full, each cardholder will be jointly and severally liable, as co-principal debtor, together with the Business Client, for the amount owing in respect of the cardholder’s use of the card/s issued to the cardholder. 11.2.2 The transaction/s performed by the cardholder will reflect on the cardholder account and will be transferred to the Business Control account on account billing date. The cardholder will also be liable for interest levied on the said transaction amount/s and applicable fees/charges.
Cardholder Liability. In accordance with Section 909 of the Electronic Funds Transfer Act, your maximum liability for a debit card with the VISA® logo is $0, if you, report loss, theft or unauthorized use of the Card. Your account must be in good standing and you or your designated authorized signer must have exercised reasonable care in safeguarding your card, and you cannot have reported two or more unauthorized events in the past 12 months for the Zero Liability to apply. If you suspect unauthorized activity on your account, stop using your Card and contact the credit union as soon as possible.
Cardholder Liability. Telephone the Credit Union AT ONCE if you believe your Card(s) has been lost or stolen, then confirm your call with a letter. If you notify us of the lost or stolen card(s) within two business days, your loss is limited to no more than $50 if someone uses your Card(s) without your permission. If you do NOT notify us within two business days after you learn of the loss or theft of your Card(s), you could lose as much as $500. Please review your account statements carefully. If they show Card(s) transactions you did not make, notify us at once. If you do not notify us within 60 days after the statement mailing date, you may not be reimbursed for the withdrawal. BUSINESS ACCOUNTS - Reg E does not apply to business. Please review the Business Accounts disclosure/brochure for more information regarding your liability with debit card fraud. ELECTRONIC FUND TRANSFERS SPECIAL VISA RULES - Your Visa Check Card is so secure that we have reduced your potential liability for unauthorized transfers accomplished with your card under certain circumstances. The following rules apply only when your Card(s) is used for point-of-sale transactions.
Cardholder Liability. 10.2.1 In the event the Business client does not discharge its indebtedness to us in full, each cardholder, where the necessary affordability has been completed on the cardholder, will be jointly and severally liable, as co- principal debtor, together with the Business client, for the amount owing in respect of the cardholder’s use of the card(s) issued to the cardholder. 10.2.2 The transaction(s) performed by the cardholder will reflect on the cardholder account and will be transferred to the Business Control account on account billing date. The cardholder will also be liable for interest levied on the said transaction amount(s) and applicable fees/ charges.
Cardholder Liability. College of Charleston is not responsible for any loss or expense caused by theft, misuse or loss of the Card. Misuse of the Card will be reported to Public Safety and/or the Office of the Xxxx of Students and may result in disciplinary action.
Cardholder Liability. The University assumes no responsibility for illegitimate purchases from your account prior to your notifying the proper authorities that the card is lost or stolen. Cardholder is responsible for all charges made with the Card, even if the card or account number is lost or stolen. Therefore, it is important to notify Old Dominion University (and PNC if the debit function has been activated) immediately upon discovering loss or theft to limit potential loss of funds.
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Cardholder Liability. The initial disclosure statement for a credit card agreement will disclose the cardholder's maximum liability for unauthorized use of the card.
Cardholder Liability. You agree that if you give the card to someone else to use, you are authorizing that person to use the card for any purpose or any transaction and to redeem the unused value on the card. If your card is lost or stolen, please contact us immediately at 0-000-000-0000 to keep your losses to a minimum. Cards that are reported lost/stolen to us may be either replaced or a check written for the remaining balance.

Related to Cardholder Liability

  • Cyber Liability identity theft insurance with a combined limit of Two Million Dollars ($2,000,000) per claim and Two Million Dollars ($2,000,000) general aggregate;

  • Shareholder Liability Notice is hereby given that this Agreement is entered into on the Fund’s behalf by an officer of the Fund in his capacity as an officer and not individually and that the obligations of or arising out of this Agreement are not binding upon any of the Fund’s Trustees, officers, employees, agents or shareholders individually, but are binding only upon the assets and property of the Series.

  • Joint Account Owner Liability If an item deposited in a joint account is returned unpaid, a joint account is overdrawn, or if we do not receive final payment on a transaction, the owners, jointly and severally, are liable to us for the amount of the returned item, overdraft, or unpaid amount and any charges, regardless of who initiated or benefited from the transaction. If any account owner is indebted to us, we may enforce our rights against any account of the indebted owner, including all funds in the joint account, regardless of who contributed the funds.

  • Your Liability The following determines your liability for any unauthorized EFT or any series of related or unauthorized EFTs: 1. If you notify the Credit Union within two (2) business days after your password was lost or stolen, your liability will not exceed $50.00 or the amount of the unauthorized EFTS that occur before notification, whichever is less 2. If you fail to notify the Credit Union within two (2) business days after your password was lost or stolen, your liability will not exceed the lesser of $500.00 or the total of: a. $50.00 or the amount of unauthorized EFTs that occur within the two (2) business days; and b. The total of authorized EFTs which occur during the two (2) days before notification to the Credit Union, provided the credit Union establishes that these EFTs would not have occurred had the Credit Union been notified within that two-day period. 3. You must report an unauthorized EFT which appears on your periodic statement, no later than 60 days after transmittal of the statement to avoid liability for subsequent transfers. Your liability will not exceed the amount of the unauthorized EFTs that occurred within the 60 day period. You may also be liable for the amounts as described in sections 1 and 2 above. Failure to notify the Credit Union may mean that you do not get your money back, provided that we can prove that we could have stopped someone from taking the money had you told us in time. 4. If the report is made orally, we will require that you send the complaint or question in writing within 10 business days. We will determine whether an error occurred within 10 business days (5 business days for ExpressCheckCard point-of-sale transactions and 20 business days if the transaction involved a new account) after we hear from you and will correct any error promptly. If more time is needed however, we may take up to 45 days (90 days if the transaction involved a new account, a point-of-sale transaction, or a foreign-initiated transfer)to investigate a complaint or question. If this occurs, we will credit your account within 10 business days (5 business days for Express CheckCard point-of-sale transactions and 20 business days if the transaction involved a new account) for the amount you think is in error. This will allow you to use the money during the time it takes us to complete our investigation. If your complaint or question is not received in writing within 10 business days, we may not credit your account until the investigation is completed. Your account is considered a new account for the first 30 days after the first deposit is made. If we determine that no error occurred, we will send you a written explanation within three business days after the investigation is complete. You may request copies of the documents that were used in the investigation. 5. You may notify us by telephone, in writing, or by email using the secure email form provided within our Online Banking service. Notification by general email to report an unauthorized transaction is not secure and therefore not advised.

  • Borrower Liability Any Borrower may, acting singly, request Credit Extensions hereunder. Each Borrower hereby appoints each other as agent for the other for all purposes hereunder, including with respect to requesting Credit Extensions hereunder. Each Borrower hereunder shall be jointly and severally obligated to repay all Credit Extensions made hereunder, regardless of which Borrower actually receives said Credit Extension, as if each Borrower hereunder directly received all Credit Extensions. Each Borrower waives (a) any suretyship defenses available to it under the Code or any other applicable law, including, without limitation, the benefit of California Civil Code Section 2815 permitting revocation as to future transactions and the benefit of California Civil Code Sections 1432, 2809, 2810, 2819, 2839, 2845, 2847, 2848, 2849, 2850, and 2899 and 3433, and (b) any right to require Bank to: (i) proceed against any Borrower or any other person; (ii) proceed against or exhaust any security; or (iii) pursue any other remedy. Bank may exercise or not exercise any right or remedy it has against any Borrower or any security it holds (including the right to foreclose by judicial or non-judicial sale) without affecting any Borrower’s liability. Notwithstanding any other provision of this Agreement or other related document, each Borrower irrevocably waives all rights that it may have at law or in equity (including, without limitation, any law subrogating Borrower to the rights of Bank under this Agreement) to seek contribution, indemnification or any other form of reimbursement from any other Borrower, or any other Person now or hereafter primarily or secondarily liable for any of the Obligations, for any payment made by Borrower with respect to the Obligations in connection with this Agreement or otherwise and all rights that it might have to benefit from, or to participate in, any security for the Obligations as a result of any payment made by Borrower with respect to the Obligations in connection with this Agreement or otherwise. Any agreement providing for indemnification, reimbursement or any other arrangement prohibited under this Section 9.8 shall be null and void. If any payment is made to a Borrower in contravention of this Section 9.8, such Borrower shall hold such payment in trust for Bank and such payment shall be promptly delivered to Bank for application to the Obligations, whether matured or unmatured.

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