Common use of No Extension of Credit Clause in Contracts

No Extension of Credit. If any service provided through the Mobile App involves a debit to any of your accounts or any other account you maintain with us, you must have on deposit in such accounts sufficient to enable us to make the debit. Nothing in this Agreement will constitute or be deemed a commitment by us to extend credit to you or to grant to you “overdraft” privileges. We will not have any obligation to make any funds available to you to affect any payment being made by you or to enable you to use any one or more of the services. Any obligation to extend credit to you or otherwise make funds available to you shall be set out in a separate agreement executed to Bank through a person authorized to make credit decisions on Bank’s behalf.

No Extension of Credit. If any service provided through the Mobile App involves a debit to any of your accounts or any other account you maintain with us, you must have on deposit in such accounts sufficient to enable us to make the debit. Nothing in this Agreement will constitute or be deemed a commitment by us to extend credit to you or to grant to you your “overdraft” privileges. We will not have any obligation to make any funds available to you to affect any payment being made by you or to enable you to use any one or more of the services. Any obligation to extend credit to you or otherwise make funds available to you shall be set out in a separate agreement executed to Bank Credit Union through a person authorized to make credit decisions on BankCredit Union’s behalf.. D.