Savings Account and Eligibility Sample Clauses

Savings Account and Eligibility. This Account consists of the interest-bearing savings account used to hold your deposits and make a limited amount of online transactions, as provided herein. You may access your Savings Account via the Site or the Mobile App. Use of your Debit Card (“Card”) is governed by the Mercury Consumer Debit Cardholder Agreement (“Cardholder Agreement”), and the Cardholder Agreement is also a part of this agreement. You may not apply for or access your Savings Account or any of the banking services unless your account with Mercury is in good standing. To open a Savings Account, you must be at least 18 years of age, have a U.S. physical address, and have a valid Social Security number. The Savings Account is a consumer account and only available to individuals who will use the Savings Account for personal, family or household purposes. Consumer accounts are those established by any individual operated on a personal, family or household basis. This agreement and the relationship between you and Banking Provider is that of debtor and creditor, and neither Banking Provider nor Xxxxxxx owes any fiduciary duty to you.
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Savings Account and Eligibility. This Account consists of the interest-bearing savings account used to hold your deposits and make a limited amount of online transactions, as provided herein. You may access your Savings Account via the Site or the Mobile App. Use of your Debit Card (“Card”) is governed by the Mercury Commercial Debit Cardholder Agreement (“Cardholder Agreement”), and the Cardholder Agreement is also a part of this agreement. You may not apply for or access your Savings Account or any of the banking services unless your Mercury Account is in good standing. The Savings Account is a commercial account and only available to legal entities or individuals who will use the Savings Account for business purposes. Commercial accounts are those established by any partnership, corporation, association or other entity operated on a for-profit basis; all corporations and associations operated on a not-for-profit-basis; and any individual who intends to use the account for carrying on a trade or business. This agreement and the relationship between you and Banking Provider is that of debtor and creditor, and neither Banking Provider nor Xxxxxxx owes any fiduciary duty to you.

Related to Savings Account and Eligibility

  • Separate Accounts If the Fund has more than one series or portfolio, the Bank will segregate the assets of each series or portfolio to which this Agreement relates into a separate account for each such series or portfolio containing the assets of such series or portfolio (and all investment earnings thereon). Unless the context otherwise requires, any reference in this Agreement to any actions to be taken by the Fund shall be deemed to refer to the Fund acting on behalf of one or more of its series, any reference in this Agreement to any assets of the Fund, including, without limitation, any portfolio securities and cash and earnings thereon, shall be deemed to refer only to assets of the applicable series, any duty or obligation of the Bank hereunder to the Fund shall be deemed to refer to duties and obligations with respect to such individual series and any obligation or liability of the Fund hereunder shall be binding only with respect to such individual series, and shall be discharged only out of the assets of such series.

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