Common use of Credit Union’s Liability Clause in Contracts

Credit Union’s Liability. If we do not complete a transfer to or from your Account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will NOT be liable, for instance:  If, through no fault of ours, you do not have enough money in your Account to make the transfer.  If the terminal or system where you are making the transfer does not have enough cash.  If the ATM or system was not working properly and you knew about the breakdown when you started the transfer.  If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken.  If the funds in your Account are subject to an administrative hold, legal process, or other claim.  If the failure to properly complete the transaction is caused by erroneous information supplied by you or your agent.  If you have closed the Account from which you have preauthorized electronic fund transfers to occur.  There may be other exceptions stated in our agreements with you.

Appears in 6 contracts

Samples: Membership Agreement, Membership Agreement, Membership Agreement

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Credit Union’s Liability. If we do not complete a transfer to or from your Account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will NOT be liable, for instance: If, through no fault of ours, you do not have enough money in your Account to make the transfer. If the terminal or system where you are making the transfer does not have enough cash. If the ATM or system was not working properly and you knew about the breakdown when you started the transfer. If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken. If the funds in your Account are subject to an administrative hold, legal process, or other claim. If the failure to properly complete the transaction is caused by erroneous information supplied by you or your agent. If you have closed the Account from which you have preauthorized electronic fund transfers to occur. There may be other exceptions stated in our agreements with you.

Appears in 5 contracts

Samples: Membership Agreement, Membership Agreement, Membership Agreement

Credit Union’s Liability. If we do not complete a transfer to or from your Account on time or in the correct amount according to our agreement with you, we will may be liable for your losses or damages. However, there are some exceptions. We will NOT be liable, for instance: If, through no fault of ours, you do not have enough money in your Account to make the transfer. If the terminal or system where you are making the transfer does not have enough cash. If the ATM or other system was not working properly and you knew about the breakdown when you started the transfer. If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken. If the funds in your Account are subject to an administrative hold, legal process, or other claim. If the failure to properly complete the transaction is caused by erroneous information supplied by you or your agent. If you have closed the Account from which you have preauthorized electronic fund transfers to occurtransfers. There may be other exceptions stated in our agreements agreement with you.

Appears in 4 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement, Membership and Account Agreement

Credit Union’s Liability. If we do not complete a transfer to or from your Account on time or in the correct amount according to our agreement with you, we will may be liable for your losses or damages. However, there are some exceptions. We will NOT be liable, for instance: If, through no fault of ours, you do not have enough money in your Account to make the transfer. If the terminal or system where you are making the transfer does not have enough cash. If the ATM or system was not working properly and you knew about the breakdown when you started the transfer. If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken. If the funds in your Account are subject to an administrative hold, legal process, or other claim. If the failure to properly complete the transaction is caused by erroneous information supplied by you or your agent. If you have closed the Account from which you have preauthorized electronic fund transfers to occurtransfers. There may be other exceptions stated in our agreements agreement with you.

Appears in 1 contract

Samples: Electronic Fund Transfers Agreement

Credit Union’s Liability. If we do not complete a transfer to or from your Account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will NOT be liable, for instance: If, through no fault of ours, you do not have enough money in your Account to make the transfer. If the terminal or system where you are making the transfer does not have enough cash. If the ATM or system was not working properly and you knew about the breakdown when you started the transfer. If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have takenhavetaken. If the funds in your Account are subject to an administrative hold, legal process, or other claim. If the failure to properly complete the transaction is caused by erroneous information supplied by you or your agentyouragent. If you have closed the Account from which you have preauthorized electronic fund transfers to occur. There may be other exceptions stated in our agreements with you.

Appears in 1 contract

Samples: Membership Agreement

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Credit Union’s Liability. If we do not complete a transfer to or from your Account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will NOT be liable, for instance: If, through no fault of ours, you do not have enough money in your Account to make the transfer. If the terminal or system where you are making the transfer does not have enough cash. If the ATM or system was not working properly and you knew about the breakdown when you started the transfer. If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken. If the funds in your Account are subject to an administrative hold, legal process, or other claim. If the failure to properly complete the transaction is caused by erroneous information supplied by you or your agent. If you have closed the Account from which you have preauthorized electronic fund transfers to occur. There may be other exceptions stated in our agreements agreement with you.

Appears in 1 contract

Samples: Electronic Fund Transfers Agreement

Credit Union’s Liability. If we do not complete a transfer to or from your Account on time or in the correct amount according to our agreement with you, we will may be liable for your losses or damagesdamages proximately caused by our failure. However, there are some exceptions. We will NOT be liable, for instance: If, through no fault of ours, you do not have enough money in your Account to make the transfer. If the terminal or system where you are making the transfer does not have enough cash. If the ATM or system was not working properly and you knew about the breakdown when you started the transfer. If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken. If the funds in your Account are subject to an administrative hold, legal process, or other claim. If the failure to properly complete the transaction is caused by erroneous information supplied by you or your agent. If you have closed the Account from which you have preauthorized electronic fund transfers to occur. There may be other exceptions stated in our agreements agreement with you.

Appears in 1 contract

Samples: Electronic Fund Transfer Agreement

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