Common use of Unauthorized Charges by Cardholders Clause in Contracts

Unauthorized Charges by Cardholders. The Customer may request Royal Bank to waive, in accordance with the Liability Waiver Program, the Customer’s liability for certain Unauthorized Charges posted to a Cardholder Account by a Cardholder, as set out in the Liability Waiver Program Description. Notwithstanding the foregoing, the Customer understands that if Individual Billing has been selected, any payments made by cheque to a Cardholder Account by a Cardholder, followed by a withdrawal by the Cardholder before such cheque gets refused by the Cardholder’s financial institution, are not covered by the Liability Waiver Program. The Customer will abide by the provisions of the Liability Waiver Program Description, in effect from time to time. For clarity, the Liability Waiver Program is not available for VPA Accounts and VPA Users.

Appears in 3 contracts

Samples: Master Client Agreement, Master Client Agreement, Commercial Agreement

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Unauthorized Charges by Cardholders. The Customer may request Royal Bank to waive, in accordance with the Liability Waiver ProgramInsurance, the Customer’s liability for certain Unauthorized Charges posted to a Cardholder Account by a Cardholder, as set out in the Liability Waiver Program DescriptionInsurance certificate. Notwithstanding the foregoing, the Customer understands that if Individual Billing has been selected, any payments made by cheque to a Cardholder Account by a Cardholder, followed by a withdrawal by the Cardholder before such cheque gets refused by the Cardholder’s financial institution, are not covered by the Liability Waiver ProgramInsurance. The Customer will abide by the provisions of the Liability Waiver Program DescriptionInsurance certificate, in effect from time to time. For clarity, the Liability Waiver Program is not available for VPA Accounts and VPA Users.

Appears in 2 contracts

Samples: Master Client Agreement for Business Clients, Master Client Agreement for Business Clients

Unauthorized Charges by Cardholders. The Customer may request Royal Bank to waive, in accordance with the Liability Waiver Program, the Customer’s liability for certain Unauthorized Charges posted to a Cardholder Account by a Cardholder, as set out in the Liability Waiver Program Description. Notwithstanding the foregoing, the Customer understands that if Individual Billing has been selected, any payments made by cheque to a Cardholder Account by a Cardholder, followed by a withdrawal by the Cardholder before such cheque gets refused by the Cardholder’s financial institution, are not covered by the Liability Waiver Program. The Customer will abide by the provisions of the Liability Waiver Program Description, in effect from time to time. For clarity, the Liability Waiver Program is not available for VPA Accounts and VPA Users.

Appears in 2 contracts

Samples: Master Client Agreement, Master Client Agreement for Business Clients

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Unauthorized Charges by Cardholders. The Customer may request Royal Bank to waive, in accordance with the Liability Waiver ProgramInsurance, the Customer’s ' s liability for certain Unauthorized Charges posted to a Cardholder Account by a Cardholder, as set out in the Liability Waiver Program DescriptionInsurance certificate. Notwithstanding the foregoing, the Customer understands that if Individual Billing has been selected, any payments made by cheque to a Cardholder Account by a Cardholder, followed by a withdrawal by the Cardholder before such cheque gets refused by the Cardholder’s ' s financial institution, are not covered by the Liability Waiver ProgramInsurance. The Customer will abide by the provisions of the Liability Waiver Program DescriptionInsurance certificate, in effect from time to time. For clarity, the Liability Waiver Program is not available for VPA Accounts and VPA Users.

Appears in 1 contract

Samples: Master Client Agreement for Business Clients

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