YOUR OBLIGATIONS TO US. In the event we incur any loss, related expenses, fees, charges and/or liability on an account, or as a result of any transaction, dispute, uncertainty or membership matter concerning you, any owner on the account, your signer or agent, you agree that you are jointly and individually liable to us for the full repayment of that loss, and related expenses, fees, charges and/or liability. You agree that we may deduct any loss, related expenses, fees, charges and/or liability from your account(s) without notice to you. Additionally you also agree to pay any other reasonable charges, fees or expenses we may incur in conjunction with providing you membership, an account, or any transaction or related service(s) that are not covered by this contract. In the event either you or the credit union is required to initiate legal action to enforce or interpret any of the terms, responsibilities or liabilities of this contract, you and the credit union agree that the successful party is entitled to payment by the losing party for any collection costs incurred by either party or collection agency, and/or to reasonable attorney fees and costs, including those incurred on any appeal, bankruptcy proceeding and/or post- judgment action, unless otherwise limited or prohibited. You (and in the event of your death, your estate) agree to hold us harmless from and agree to indemnify and defend us against any claim or legal action arising from the exercise of our right to recover for any loss, expense, fees, charges and/or liability we incur as a result of your account and/or any transaction on your account. We may deny you services or expel you from membership at the credit union pursuant to our policies, or otherwise allowed, which includes causing us a loss.
Appears in 4 contracts
Samples: Membership Agreement, Membership Agreement, Membership Agreement
YOUR OBLIGATIONS TO US. In the event we incur any loss, related expenses, fees, charges and/or liability on an account, or as a result of any transaction, dispute, uncertainty or membership matter concerning you, any owner on the account, your signer or agent, you agree that you are jointly and individually liable to us for the full repayment of that loss, and related expenses, fees, charges and/or liability. You agree that we may deduct any loss, related expenses, fees, charges and/or liability from your account(s) without notice to you. Additionally you also agree to pay any other reasonable charges, fees or expenses we may incur in conjunction with providing you membership, an account, or any transaction or related service(s) that are not covered by this contract. In the event either you or the credit union Credit Union is required to initiate legal action to enforce or interpret any of the terms, responsibilities or liabilities of this contract, you and the credit union Credit Union agree that the successful party is entitled to payment by the losing party for any collection costs incurred by either party or collection agency, and/or to reasonable attorney fees and costs, including those incurred on any appeal, bankruptcy proceeding and/or post- post-judgment action, unless otherwise limited or prohibited. You (and in the event of your death, your estate) agree to hold us harmless from and agree to indemnify and defend us against any claim or legal action arising from the exercise of our right to recover for any loss, expense, fees, charges and/or liability we incur as a result of your account and/or any transaction on your account. We may deny you services or expel you from membership at the credit union Credit Union pursuant to our policies, or otherwise allowed, which includes causing us a loss.
Appears in 1 contract
Samples: Membership Agreement