Common use of Settlement of Obligations Clause in Contracts

Settlement of Obligations. To the fullest extent permitted by applicable law, you authorize us to obtain payment of your obligations to us under this Agreement from time to time by (a) initiating debit or credit transfers to any of your accounts or (b) deducting the payment from the amount of any bank transfer or bill payment. Debiting an account or deducting payment from the amount of any bank transfer or bill payment is not the Bank's exclusive remedy under this or any other section of this Agreement, and the Bank will not be deemed to have made an election of remedies by making any such debit or deduction on any one or more occasions.

Appears in 2 contracts

Samples: Online Banking Service Agreement and Disclosure, Security Bank Online Banking Service Agreement and Disclosure

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Settlement of Obligations. To the fullest extent permitted by applicable law, you authorize us to obtain payment of your obligations to us under this Agreement from time to time by (a) initiating debit or credit transfers to any of your accounts or (b) deducting the payment from the amount of any bank transfer or bill payment. Debiting an account or deducting payment from the amount of any bank transfer or bill payment is not the BankCredit Union's exclusive remedy under this or any other section of this Agreement; therefore, and the Bank Credit Union will not be deemed to have made an election of remedies by making any such debit or deduction on any one or more occasions.

Appears in 2 contracts

Samples: www.pocumd.org, pocumd.org

Settlement of Obligations. 1. To the fullest extent permitted by applicable law, you authorize us to obtain payment of your obligations to us under this Agreement from time to time by (a) initiating debit or credit transfers to any of your accounts account(s) or (b) deducting the payment from the amount of any bank transfer Bank Transfer or bill paymentBill Payment. Debiting an account or deducting payment from the amount of any bank transfer Bank Transfer or bill payment Bill Payment is not the Bank's ’s exclusive remedy under this or any other section of this Agreement, and the Bank will not be deemed to have made an election of remedies by making any such debit or deduction on any one or more occasions.

Appears in 1 contract

Samples: Banking Services Agreement

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Settlement of Obligations. 1. To the fullest extent permitted by applicable law, you authorize us to obtain payment of your obligations to us under this Agreement from time to time by (a) initiating debit or credit transfers to any of your accounts account(s) or (b) deducting the payment from the amount of any bank transfer Bank Transfer or bill paymentXxxx Payment. Debiting an account or deducting payment from the amount of any bank transfer Bank Transfer or bill payment Xxxx Payment is not the Bank's ’s exclusive remedy under this or any other section of this Agreement, and the Bank will not be deemed to have made an election of remedies by making any such debit or deduction on any one or more occasions.

Appears in 1 contract

Samples: Banking Services Agreement

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