Common use of Member Indemnity Clause in Contracts

Member Indemnity. The Member shall be liable to the Credit Union for and shall indemnify and hold the Credit Union harmless from any and all claims, causes of action, damages, expenses (including reasonable attorney’s fees and other legal expenses), liabilities and other losses resulting from acts, omissions, by the Member or any other person acting on the Member’s behalf, including without limitation: (i) a breach by the Member of any provision of this Agreement; (ii) the Credit Union debiting or crediting the account of any person as requested by the Member; (iii) the failure to act or the delay by any financial institution other than the Credit Union; and (iv) the Credit Union accepting any verbal, written or online wire transfer requests without the signature or proper identification of Member or Member’s representative requesting the transfer.

Appears in 3 contracts

Samples: Account Agreement, Account Agreement, Wire Transfer Agreement

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Member Indemnity. The Member shall be liable to the Credit Union for and shall indemnify and hold the Credit Union harmless from any and all claims, causes of action, damages, expenses (including reasonable attorney’s attorney fees and other legal expenses), liabilities and other losses loses resulting from acts, omissions, by the Member or any other person acting on the Member’s behalf, including without limitation: (i) a breach by the Member of any provision of this Agreement; (ii) the Credit Union debiting or crediting the account of any person as requested by the Member; (iii) the failure to act or the delay by any financial institution other than the Credit Union; and (iv) the Credit Union accepting any verbal, written or online verbal wire transfer requests or information by telephone without the signature or proper identification of Member or Member’s representative requesting the transfer.

Appears in 2 contracts

Samples: Wire Transfer Agreement, Wire Transfer Agreement

Member Indemnity. The Member shall be liable to the Credit Union for and shall indemnify and hold the Credit Union harmless from any and all claims, causes of action, damages, expenses (including reasonable attorney’s fees and other legal expenses), liabilities and other losses loses resulting from acts, omissions, by the Member or any other person acting on the Member’s behalf, including without limitation: (i) a breach by the Member of any provision of this Agreement; (ii) the Credit Union debiting or crediting the account of any person as requested by the Member; (iii) the failure to act or the delay by any financial institution other than the Credit Union; and (iv) the Credit Union accepting any verbal, written or online verbal wire transfer requests or information by telephone through the Credit Union’s Call Center without the signature or proper identification of Member or Member’s representative requesting the transfer.

Appears in 1 contract

Samples: Wire Transfer Agreement

Member Indemnity. The Member shall be liable to the Credit Union for and shall indemnify and hold the Credit Union harmless from any and all claims, causes of action, damages, expenses (including reasonable attorney’s attorneys fees and other legal expenses), liabilities and other losses resulting from acts, omissions, by the Member or any other person acting on the Member’s behalf, including without limitation: (i) a breach by the Member of any provision of this Agreement; (ii) the Credit Union debiting or crediting the account of any person as requested by the Member; (iii) the failure to act or the delay by any financial institution other than the Credit Union; and (iv) the Credit Union accepting any verbal, written or online wire transfer requests without the signature or proper identification of Member or Member’s representative requesting the transfer.

Appears in 1 contract

Samples: Wire Transfer Agreement

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Member Indemnity. The Member shall be liable to the Credit Union for and shall indemnify and hold the Credit Union harmless from any and all claims, causes of action, damages, expenses (including reasonable attorney’s attorney fees and other legal expenses), liabilities and other losses resulting from acts, acts or omissions, by the Member or any other person acting on the Member’s behalf, including without limitation: (i) a breach by the Member of any provision of this Agreement; (ii) the Credit Union debiting or crediting the account of any person as requested by the Member; (iii) the failure to act or the delay by any financial institution other than the Credit Union; and (iv) the Credit Union accepting accept- ing any verbal, written or online verbal wire transfer requests or information by telephone without the signature or proper identification of Member or Member’s representative requesting the transfer.

Appears in 1 contract

Samples: Wire Transfer Request and Agreement

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