Common use of Remotely Created Checks and Demand Drafts Clause in Contracts

Remotely Created Checks and Demand Drafts. If you provide your Card number or direct deposit number to a third party in order to charge your Card or primary deposit account by means of one or more remotely created checks or demand drafts (i.e., items which do not bear the maker’s signature, but purport to be drawn with the maker’s authorization), you authorize us to pay such items, even though they do not contain your signature and may exceed the amount you authorized to be charged. This Section will not obligate us to honor such items. We may refuse to honor such items without cause or prior notice, even if we have honored similar items in the past.

Appears in 2 contracts

Samples: Walmart Moneycard Deposit Account Agreement, Walmart Moneycard Deposit Account Agreement

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Remotely Created Checks and Demand Drafts. If you provide your Card number or direct deposit number to a third party in order to charge your Card or primary deposit account by means of one or more remotely created checks or demand drafts (i.e., items which do not bear the maker’s 's signature, but purport to be drawn with the maker’s 's authorization), you authorize us to pay such items, even though they do not contain your signature and may exceed the amount you authorized to be charged. This Section will shall not obligate us to honor such items. We may refuse to honor such items without cause or prior notice, even if we have honored similar items in the past.

Appears in 2 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement

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Remotely Created Checks and Demand Drafts. If you provide your Card number or direct deposit number to a third party in order to charge your Card or primary deposit account by means of one or more remotely created checks or demand drafts (i.e., items which do not bear the maker’s 's signature, but purport to be drawn with the maker’s 's authorization), you authorize us to pay such items, even though they do not contain your signature and may exceed the amount you authorized to be charged. This Section will section shall not obligate us to honor such items. We may refuse to honor such items without cause or prior notice, even if we have honored similar items in the past.

Appears in 1 contract

Samples: Deposit Account Agreement

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