Card Ownership definition

Card Ownership. All ATM/Debit MasterCard® Cards and PINs remain the property of the Credit Union and may be revoked or cancelled at any time without giving you prior notice. You agree not to use your Card for a transaction that would cause your available account balance to go below zero. We will not be required to complete any such transaction, but if we do, you agree to pay us the amount of the improper withdrawal, or transfer, upon request.
Sample 1Sample 2Sample 3
Card Ownership. Any card or other device we supply to you is our property and must be returned to us (or to any person whom we authorize to act as our agent or any person who is authorized to honor the card) immediately according to instructions. The Credit Union may repossess the card at any time and at our sole discretion, without demand or notice. You cannot transfer your card or account to another person. • Honoring the Card: Neither we, nor merchants authorized to honor your Debit Card, will be responsible for the failure or refusal to honor it or any other device we supply to you. If a merchant agrees to give you a refund or adjustment, you agree to accept a credit to your account in lieu of cash. • PIN or Access Code: The PIN or access code you select is for your security purposes. The PIN or access code is confidential and should not be disclosed to third parties or recorded. You are responsible for safekeeping your PIN or access code. You agree not to disclose or otherwise make your PIN or access code available to anyone not authorized to sign on your accounts. You agree that if you provide your PIN or access code to a joint owner on your deposit account or to another person, you understand and agree that you have authorized that person to have full access to your account. The Credit Union has no responsibility to inquire about the person’s authority or permission to access your information, and we will not be liable for providing any account information access to such person. If you authorize anyone to have or use your PIN or access code, you understand that person may use Digital Banking services to review all of your account information and make account transactions. Therefore, we are entitled to act on transaction instructions received using your PIN or access code, and you agree that the use of your PIN or access code will have the same effect as your signature for authorizing transactions. If you authorize anyone to use your PIN or access code in any manner, that authority will be considered unlimited in amount and manner until you specifically revoke such authority by notifying the Credit Union that transactions and access by that person are no longer authorized and your PIN or access code is changed. If you fail to maintain or change the security of your PIN or access code and the Credit Union suffers a loss, we may terminate your EFT and account services immediately.
Sample 1

Examples of Card Ownership in a sentence

  • Card Ownership and Purpose LibroCards (Libro's Debit Card) are issued at your request and will remain Libro’s property.

  • Since the inception of the smart card technology, the main driving force in its adoption has been the Issuer Centric Smart Card Ownership Model (ICOM) [2], in which smart cards are in control of the issuing authority and cardholders (end-user) can only use sanctioned privileges.

  • We will not be liable, for instance: Card Ownership: Cards remain the property of the Credit Union and you agree to surrender your card to the Credit Union upon request.

  • However, for the User Centric Smart Card Ownership Model (UCOM), such a mechanism is essential.The UCOM enables a cardholder to choose an application they require on his or her card [4], that is managed by an open and dynamic mechanism of ap- plication installation, and deletion [5].

  • Card Ownership and Purpose LibroCards (Libro’s Debit Card) and Libro Debit MasterCards are issued at your request and will remain Libro’s property.

  • By contrast, in the User Centric Smart Card Ownership Model (UCOM) [4] the consumers (end-users) get freedom of choice which 15 allows them to install or delete any application as they desire from their smart cards.

  • Mayes, A Paradigm Shift in Smart Card Ownership Model, in Proceedings of the 2010 International Conference on Computational Science and Its Applications (ICCSA 2010), B.

  • Property Card, Ownership records issued by Government Authority V.

  • College & University Revenue (Bard College Project) 5.000% 7/1/45 2,000 2,329 Dutchess County Local Development Corp.

  • Furthermore, the User Centric Smart Card Ownership Model (UCOM) [6] gives the ownership of smart cards to their cardholders.

Related to Card Ownership

  • Joint Ownership - (also known as equity JVs) means the establishment by two parent companies of a child company for a specific task within which both parent companies invest in order to overcome the limited capabilities vested within them in order that they can both benefit from the combined investment.

  • Ownership means, for purposes of this definition, control of more than a 50% interest in an entity.

  • Stock Ownership means any direct or indirect ownership of Stock, including any ownership by virtue of application of constructive ownership rules, with such direct, indirect, and constructive ownership determined under the provisions of Section 382 of the Code and the regulations thereunder.

  • Card Account means the account maintained with the Bank in respect of the card;

  • Merchant means any corporate entity, person or other establishment, supplying goods and/or services, which a Card Scheme Member Bank has approved and made arrangements to accept the Card or the Card numbers as a mode of payment or reservation by the Cardholder.

  • Common ownership means that more than 50% of the voting control of each member of a combined group is directly or indirectly owned by a common owner or owners, either corporate or non-corporate, whether or not the owner or owners are members of the combined group. Whether voting control is indirectly owned shall be determined in accordance with section 318 of the federal Internal Revenue Code, 26 U.S.C. s.318.

  • Ownership Restrictions means collectively the Ownership Limit as applied to Persons other than the Initial Holder or Look-Through Entities, the Initial Holder Limit as applied to the Initial Holder and the Look-Through Ownership Limit as applied to Look-Through Entities.

  • Merchant lessee means a lessee that is a merchant with respect to goods of the kind subject to the lease.

  • Beneficial Ownership Regulation means 31 C.F.R. § 1010.230.

  • Record owner means, as of any particular time, a record owner of Outstanding Shares of the Trust shown on the books of the Trust or any Portfolio or the Trust’s transfer agent as then issued and outstanding at such time;

  • Securities Entitlement means the rights and property interest of an Entitlement Holder with respect to a Financial Asset as set forth in Part 5 of Article 8 of the Uniform Commercial Code of the State of New York, as the same may be amended from time to time.

  • Equity Ownership means the percentage ownership and control, exercised by individuals within an enterprise.

  • Credit Card Agreement means the open-end revolving credit agreement between a Cardholder and Bank governing the Account and Cardholder’s use of the Credit Card, together with any modifications or amendments which may be made to such agreement.

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • Customs Broker/Carrier Agreement means an agreement in form and substance satisfactory to the Agent among a Loan Party, a customs broker, freight forwarder, consolidator, or carrier, and the Agent, in which the customs broker, freight forwarder, consolidator, or carrier acknowledges that it has control over and holds the documents evidencing ownership of the subject Inventory for the benefit of the Agent and agrees, upon notice from the Agent, to hold and dispose of the subject Inventory solely as directed by the Agent.

  • MHC means Prudential Mutual Holding Company, the parent mutual holding company for the Corporation and the Bank.

  • Percentage Stock Ownership means the percentage Stock Ownership interest of any Person or group (as the context may require) for purposes of Section 382 of the Code as determined in accordance with the Treasury Regulation § 1.382-2T(g), (h), (j) and (k) or any successor provision.

  • ACH means automated clearing house transfers.

  • Motor carrier means a person providing motor vehicle transportation for compensation.

  • Security Entitlement shall have the meaning specified in Section 8-102(a)(17) of the UCC.

  • AT&T-7STATE means the AT&T owned ILEC(s) doing business in Arkansas, California, Kansas, Missouri, Nevada, Oklahoma and Texas.

  • Credit Card Account means the Account of the Cardmember opened with Maybank for the purpose of this Agreement;

  • Ownership Interest As to any Certificate, any ownership or security interest in such Certificate, including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee.

  • Percentage Ownership means, as to any Stockholder and as of any date, the percentage equal to (i) the aggregate number of shares of Common Stock held by such Stockholder on a fully diluted as-converted basis divided by (ii) the total number of outstanding shares of Common Stock of the Company on a fully diluted, as-converted basis.

  • M2M Entitlement means a Non-Monitoring RTO’s share of a M2M Flowgate’s total capability to be used for settlement purposes that is calculated pursuant to Section 6 of Schedule D to this Agreement.

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,