Common use of RIGHTS FOR INNOCENT BREACH Clause in Contracts

RIGHTS FOR INNOCENT BREACH. Subject to the provisions of this Agreement and the Account Agreement: a) if You and each Signing Officer did not reveal the PAC, PIW, PIN, or Passcode to any other person, other than authorized Financial Institution agents or officers when required by Us, or write it down or otherwise record it, and changed the PAC, PIW, PIN, or Passcode when required by this Agreement, You will not be liable for any unauthorized use that occurs after We have received written notice from You that the PAC, PIW, PIN, or Passcode may have become known to someone other than You or the Signing Officers. We will not be considered to have received written notice until the Financial Institution gives You written acknowledgement of receipt of such notice; b) if You and each of the Delegates, Non Signers and Signing Officers did not reveal the PAC, PIW, PIN, or Passcode to any other person, other than authorized Financial Institution agents or officers when required by Us, or write it down or otherwise record it, and changed the PAC, PIW, PIN, or Passcode when required by this Agreement, You shall not be liable for any unauthorized use that occurs after We have received written notice from You that the PAC, PIW, PIN, or Passcode may have become known to someone other than You or a Delegate, Non Signer, or Signing Officer. We shall not be considered to have received written notice until We give You written acknowledgement of receipt of such notice; and c) We will not otherwise be liable for any damages or other liabilities that You may incur by reason of the Financial Institution acting, or failing to act, on Remote Instructions given in Your name whether or not You or a Signing Officer actually gave the Remote Instructions. We will not be liable for any damages or other liabilities that You may incur by reason of the Financial Institution acting, or failing to act, on no statement requests made by You or a Non Signer through Direct Services for Small Business whether or not You, the Delegate, or the Non Signer actually gave the Remote Instructions.

RIGHTS FOR INNOCENT BREACH. Subject to the provisions of this Agreement and the Account Agreement: a) if You and each a. If the Depositor and/or a Signing Officer did not reveal the PAC, PIW, PIN, or Passcode PIW to any other person, other than authorized Financial Institution agents or officers when required by Usthe Financial Institution, or write it down or otherwise record it, and changed the PAC, PIW, PIN, or Passcode PIW when required by this Agreement, You the Depositor will not be liable for any unauthorized use that occurs after We have the Financial Institution has received written notice from You the Depositor that the PAC, PIW, PIN, or Passcode PIW may have become known to someone other than You or the Depositor and/or a Signing OfficersOfficer. We The Financial Institution will not be considered to have received written notice until the Financial Institution gives You the Depositor written acknowledgement of receipt of such notice;. b) if You and each of b. If the DelegatesDepositor, Delegate, Non Signers and Signer, and/or Signing Officers Officer did not reveal the PAC, PIW, PIN, or Passcode PIN to any other person, other than authorized Financial Institution agents or officers when required by Usthe Financial Institution, or write it down or otherwise record it, and changed the PAC, PIW, PIN, or Passcode PIN when required by this Agreement, You shall the Depositor will not be liable for any unauthorized use that occurs after We have the Financial Institution has received written notice from You the Depositor that the PAC, PIW, PIN, or Passcode PIN may have become known to someone other than You or a the Depositor, Delegate, Non Signer, or and/or Signing Officer. We shall The Financial Institution will not be considered to have received written notice until We give You the Financial Institution gives the Depositor written acknowledgement of receipt of such notice; and. c) We c. The Financial Institution will not otherwise be liable for any damages or other liabilities that You the Depositor may incur by reason of the Financial Institution acting, or failing to act, on Remote Instructions given in Your the name of the Depositor whether or not You or the Depositor and/or a Signing Officer actually gave the Remote Instructions. We The Financial Institution will not be liable for any damages or other liabilities that You the Depositor may incur by reason of the Financial Institution acting, or failing to act, on no statement requests made by You or a Delegate and/or a Non Signer through Direct Services for Small Business whether or not Youthe Depositor, the Delegate, or the and/or Non Signer actually gave the Remote Instructions.

RIGHTS FOR INNOCENT BREACH. Subject to the provisions of this Agreement and the Account Agreement: a) If the Subscribing Member, a Related Party (if You applicable), and each Signing Officer an applicable Corporate Administrator, Approving Corporate Administrator, and/or User did not reveal the PAC, PIW, PIN, or Passcode PIW to any other person, other than authorized Financial Institution agents or officers when required by Us, person or write it down or otherwise record it, and changed the PAC, PIW, PIN, or Passcode when required by this Agreement, You Subscribing Member will not be liable for any unauthorized unapproved use that occurs after We have the Financial Institution has received written notice from You the Subscribing Member that the PAC, PIW, PIN, or Passcode PIW may have become known to someone other than You or the Signing OfficersSubscribing Member, the Related Party(ies) (if applicable), and applicable Corporate Administrator(s), Approving Corporate Administrator(s), and/or User(s). We The Financial Institution will not be considered to have received written notice until the Financial Institution gives You the Subscribing Member written acknowledgement of receipt of such notice;. b) If the Subscribing Member, a Related Party (if You and each of the Delegatesapplicable), Non Signers and Signing Officers a Corporate Administrator, an Approving Corporate Administrator, and/or a User did not reveal the PAC, PIW, PIN, or Passcode Password to any other person, other than authorized Financial Institution agents or officers when required by Us, person or write it down or otherwise record it, and changed the PAC, PIW, PIN, or Passcode when required by this Agreement, You shall Subscribing Member will not be liable for any unauthorized unapproved use that occurs after We have the Financial Institution has received written notice from You the Subscribing Member that the PAC, PIW, PIN, or Passcode Password may have become known to someone other than You or a Delegatethe Subscribing Member, Non SignerRelated Party(ies) (if applicable), or Signing OfficerCorporate Administrator(s), Approving Corporate Administrator(s), and/or User(s). We shall The Financial Institution will not be considered to have received written notice until We give You the Financial Institution gives the Subscribing Member written acknowledgement of receipt of such notice; and. c) We The Financial Institution will not otherwise be liable for any damages or other liabilities that You the Subscribing Member and any Related Party (if applicable) may incur by reason of the Financial Institution acting, or failing to act, on Remote Instructions given in Your the name of the Subscribing Member and/or a Related Party (if applicable) whether or not You or the Subscribing Member, a Signing Officer Related Party (if applicable), a Corporate Administrator, an Approving Corporate Administrator, and/or a User actually gave the Remote Instructions. We The Financial Institution will not be liable for any damages or other liabilities that You the Subscribing Member and any Related Party (if applicable) may incur by reason of the Financial Institution acting, or failing to act, on no statement requests made by You or the Subscribing Member, a Non Signer Related Party (if applicable), Corporate Administrator, Approving Corporate Administrator, and/or User through Direct Services for Small Business whether or not Youthe Subscribing Member, the DelegateRelated Party (if applicable), Corporate Administrator, Approving Corporate Administrator, and/ or the Non Signer User actually gave the Remote Instructions. d) If the Subscribing Member, a Related Party (if applicable), a Corporate Administrator, an Approving Corporate Administrator, and/or a User did not allow any other person to use the Subscribing Member’s, Related Party’s (if applicable), Corporate Administrator’s, Approving Corporate Administrator’s, and/ or User’s Biometric Access Control, the Subscribing Member will not be liable for any unapproved use that occurs after the Financial Institution has received written notice from the Subscribing Member that the Biometric Access Control has been used by someone other than the Subscribing Member, Related Party (if applicable), Corporate Administrator, Approving Corporate Administrator, and/or User. The Financial Institution will not be considered to have received written notice until the Financial Institution gives the Subscribing Member written acknowledgement of receipt of such notice.