Common use of JOINT AND INDIVIDUAL RESPONSIBILITY AND AUTHORITY Clause in Contracts

JOINT AND INDIVIDUAL RESPONSIBILITY AND AUTHORITY. If your account is affected by an Electronic Fund Transfer and is a joint account, then each of you will be bound by this Agreement and each of you will be individually and jointly responsible for paying all amounts owed under this Agreement. In addition, unless prohibited or restricted by applicable law, you acknowledge and agree that each one of you is fully authorized to take any and all actions related to indemnification an Electronic Fund Transfer on behalf of all of you, including but not limited to obtaining, using and terminating Security Codes, and for initiating Electronic Fund Transfers to and from your account.

Appears in 6 contracts

Samples: Online Banking Agreement, Online Banking Agreement, Online Banking Agreement

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JOINT AND INDIVIDUAL RESPONSIBILITY AND AUTHORITY. If your account Account is affected by an Electronic Fund Transfer and is a joint account, then each of you will be bound by this Agreement and each of you will be individually and jointly responsible for paying all amounts owed under this Agreement. In addition, unless prohibited or restricted by applicable law, you acknowledge and agree that each one of you is fully authorized to take any and all actions related to indemnification an Electronic Fund Transfer on behalf of all of you, including but not limited to obtaining, using and terminating Security Codes, and for initiating Electronic Fund Transfers to and from your accountDesignated Account.

Appears in 4 contracts

Samples: Consumer Agreement, Consumer Agreement, Consumer Agreement

JOINT AND INDIVIDUAL RESPONSIBILITY AND AUTHORITY. If your account is Account affected by an Electronic Fund Transfer and is a joint accountAccount, then each of you will be bound by this Agreement agreement and each of you will be individually and jointly responsible for paying all amounts owed under this Agreementagreement. In addition, unless prohibited or restricted by applicable law, you acknowledge and agree that each one of you is fully authorized to take any and all actions related to indemnification an Electronic Fund Transfer on behalf of all of you, including but not limited to obtaining, using and terminating Security CodesCards and PINs, and for initiating Electronic Fund Transfers to and from your accountDesignated Account.

Appears in 1 contract

Samples: Consumer Electronic Banking Services Agreement

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JOINT AND INDIVIDUAL RESPONSIBILITY AND AUTHORITY. If your account Account is affected by an Electronic Fund Transfer and is a joint accountTransfer, then each of you Account owner will be bound by this Agreement agreement and each one of you will be individually and jointly responsible for paying all amounts owed under this Agreementagreement. In addition, unless prohibited or restricted by applicable law, you acknowledge and agree that each one of you is fully authorized to take any and all actions related to indemnification an Electronic Fund Transfer on behalf of all of you, including but not limited to obtaining, using and terminating Security CodesCards and PINs, and for initiating Electronic Fund Transfers to and from your accountDesignated Account.

Appears in 1 contract

Samples: Business Electronic Banking Services Agreement

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