Common use of Electronic Check Transaction Clause in Contracts

Electronic Check Transaction. You may authorize a merchant or other payee to make a one-time electronic payment from the checking account using information from your check to pay for purchases, pay bills or pay other obliga- tions (“Electronic Check Transactions”). You agree that your au- thorization for an electronic check transaction occurs when you in- itiate such a transaction after receiving any required notice regarding the merchant’s right to process the transaction or pay- ment, including any written sign provided by the merchant at the time of your transaction. All terms governing electronic funds trans- fer services will apply to Electronic Check Transactions, except the $50 and $500 limits of liability for unauthorized transactions in Sec- tion 4 (Member Liability) of this disclosure. You remain responsible for notifying us of any unauthorized electronic check transaction shown on your statement.

Appears in 6 contracts

Samples: Member Service Agreement, Member Service Agreement, Member Service Agreement

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Electronic Check Transaction. You may authorize a merchant or other payee to make a one-time electronic payment from the checking account using information from your check to pay for purchases, pay bills or pay other obliga- tions obli- gations (“Electronic Check Transactions”). You agree that your au- thorization authorization for an electronic check transaction occurs when you in- itiate initiate such a transaction after receiving any required notice regarding re- xxxxxxx the merchant’s right to process the transaction or pay- ment, including any written sign provided by the merchant at the time of your transaction. All terms governing electronic funds trans- fer transfer services will apply to Electronic Check Transactions, except ex- cept the $50 and $500 limits of liability for unauthorized transactions transac- tions in Sec- tion Section 4 (Member Liability) of this disclosure. You remain re- main responsible for notifying us of any unauthorized electronic check transaction shown on your statement.

Appears in 3 contracts

Samples: Member Service Agreement, Business Service Agreement, Member Service Agreement

Electronic Check Transaction. You may authorize a merchant or other payee to make a one-time electronic payment from the your checking account using information from your check to pay for purchases, pay bills bills, or pay other obliga- tions (“Electronic Check Transactionselectronic check transactions”). You agree that your au- thorization authori- zation for an electronic check transaction occurs when you in- itiate initiate such a transaction after receiving any required notice regarding the merchant’s right to process the transaction or pay- mentpayment, including any written sign provided by the merchant at the time of your transactiontrans- action. All terms governing electronic funds trans- fer fund transfer services will apply ap- ply to Electronic Check Transactionselectronic check transactions, except the $50 and $500 limits of liability for unauthorized transactions in Sec- tion 4 (Member Liability) of this disclosureSection 4. You remain responsible for notifying us of any unauthorized electronic check transaction shown on your statement.

Appears in 2 contracts

Samples: Deposit Account Contract, Business Deposit Account Contract

Electronic Check Transaction. You may authorize a merchant or other payee to make a one-time electronic payment from the your checking account using information from your check to pay for purchases, pay bills bills, or pay other obliga- tions obli- gations (“Electronic Check Transactions”"electronic check transactions"). You agree that your au- thorization for an electronic check transaction occurs when you in- itiate initiate such a transaction after receiving any required notice regarding re- xxxxxxx the merchant’s right to process the transaction or pay- ment, including any written sign provided by the merchant at the time of your transaction. All terms governing electronic funds trans- fer transfer services will apply to Electronic Check Transactionselectronic check transactions, except ex- cept the $50 and $500 limits of liability for unauthorized transactions transac- tions in Sec- tion Section 4 (Member Liability) of this disclosure). You remain responsible for notifying us of any unauthorized electronic check transaction shown on your statement.

Appears in 1 contract

Samples: Business Deposit Account Contract

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Electronic Check Transaction. You may authorize a merchant or other payee to make a one-time electronic payment pay- ment from the checking account using information from your check to pay for purchasespur- chases, pay bills or pay other obliga- tions obligations (“Electronic Check Transactions”). You agree that your au- thorization authorization for an electronic check transaction occurs when you in- itiate initiate such a transaction after receiving any required notice regarding the merchantmer- chant’s right to process the transaction or pay- mentpayment, including any written sign provided pro- vided by the merchant at the time of your transaction. All terms governing electronic funds trans- fer transfer services will apply to Electronic Check Transactions, except the $50 and $500 limits of liability for unauthorized transactions in Sec- tion Section 4 (Member LiabilityLiabil- ity) of this disclosure. You remain responsible for notifying us of any unauthorized electronic check transaction shown on your statement.

Appears in 1 contract

Samples: Member Service Agreement

Electronic Check Transaction. You may authorize a merchant or other payee to make a one-time electronic payment pay- ment from the your checking account using information from your check to pay for purchasespur- chases, pay bills bills, or pay other obliga- tions obligations (“Electronic Check Transactions”"electronic check transactions"). You agree that your au- thorization authorization for an electronic check transaction occurs when you in- itiate initiate such a transaction after receiving any required notice regarding the merchantmer- chant’s right to process the transaction or pay- mentpayment, including any written sign provided pro- vided by the merchant at the time of your transaction. All terms governing electronic funds trans- fer transfer services will apply to Electronic Check Transactionselectronic check transactions, except the $50 and $500 limits of liability for unauthorized transactions in Sec- tion Section 4 (Member Liability) of this disclosureLiabil- ity). You remain responsible for notifying us of any unauthorized electronic check transaction shown on your statement.

Appears in 1 contract

Samples: Member Service Agreement

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