Member Client definition
Examples of Member Client in a sentence
Notwithstanding the foregoing, Financial Institution is hereby authorized to charge the Member Client account(s) ("Authorized Account(s)”) maintained at Financial Institution, as payment for all payments due Financial Institution under this Agreement.
Member Client shall recover and return to Financial Institution any Security Devices in the possession of any User(s) whose authority to have the Security Device has been revoked.
Any expenses incurred by the Financial Institution in making such information available to the Member Client shall be paid by the Member Client.
In the event Financial Institution elects to process credit Entries initiated by Member Client and Member Client has not maintained sufficient available funds in the Authorized Account with Financial Institution to cover them, the total amount of the insufficiency advanced by Financial Institution on behalf of Member Client shall be immediately due and payable by Member Client to Financial Institution without any further demand from Financial Institution.
The Member Client shall reimburse the Financial Institution for any expenses, losses or damages it incurs in effecting or attempting to affect the Member Client's request for reversal of an Entry.