Common use of Reimbursement for Your Liability Clause in Contracts

Reimbursement for Your Liability. In the event that you, Receiving User or Paying User, by any reason are liable for any amounts owed to PayPal, PayPal may immediately remove such amounts from your balance. If you do not have a balance that is sufficient to cover you the total amount of your liability, your Account will have negative balance, and you will be required to immediately reimburse PayPal through an alternative method. If you do not do so, PayPal may engage in appropriate collection efforts to recover such amounts from you, including but not limited to, include your name in the register of credit protection entities, instruct a collection agency to recover the amount due and/or initiate legal proceedings.

Reimbursement for Your Liability. In the event that you, Receiving User or Paying User, you by any reason are liable for any amounts owed to PayPal, PayPal may immediately remove such amounts from your balance. If you do not have a balance that is sufficient to cover you the total amount of your liability, your Account will have negative balance, and you will be required to immediately reimburse PayPal through an alternative method. If you do not do so, PayPal may engage in appropriate collection efforts to recover such amounts from you, including but not limited to, include your name in the register of credit protection entities, instruct a collection agency to recover the amount due and/or initiate legal proceedings.