Deposits to CDs and MMDAs. (i) The POS will provide you with a list of Deposit Banks and their offers for CDs and MMDAs (“Offers”). You acknowledge and agree that each Deposit Bank is solely responsible for (A) establishing the terms of its Offers and for fulfilling its Offers and (B) compliance of its Offers with law. We will contractually require each Deposit Bank to pay interest on funds deposited in each Deposit Bank Account in accordance with, and otherwise comply with, the applicable Offer terms. You further acknowledge and agree that we have no responsibility or liability with respect to the failure of any Deposit Bank to fulfill the terms of its Offer, except to the extent that our acts or omissions cause such a failure.
(ii) You may only make a deposit in connection with an Offer. When you make a deposit, you agree to the terms and conditions of the applicable Offer, which are incorporated into this Agreement. The terms and conditions of each Offer will remain in effect and apply to you until you have withdrawn all funds deposited in the CD or MMDA that was the subject of the Offer, in accordance with the applicable terms and conditions of such Offer (which may include the automatic renewal of CDs).
Deposits to CDs and MMDAs. (i) The POS will provide you with a list of Deposit Banks and their offers for CDs and MMDAs (“Offers”). You acknowledge and agree that each Deposit Bank is solely responsible for (A) establishing the terms of its Offers and for fulfilling its Offers and (B) compliance of its Offers with law. We will contractually require each Deposit Bank to pay interest on funds deposited in each Deposit Bank Account in accordance with, and otherwise comply with, the applicable Offer terms. The interest that you receive on your funds deposited in each Deposit Bank Account will be at the rate paid by the respective Deposit Bank. You further acknowledge and agree that we have no responsibility or liability with respect to the failure of any Deposit Bank to fulfill the terms of its Offer, except to the extent that our acts or omissions cause such a failure.
(ii) You may only make a deposit in connection with an Offer. When you make a deposit, you agree to the terms and conditions of the applicable Offer, which are incorporated into this Agreement. The terms and conditions of each Offer will remain in effect and apply to you until you have withdrawn all funds deposited in the CD or MMDA that was the subject of the Offer, in accordance with the applicable terms and conditions of such Offer (which may include the automatic renewal of CDs).
