Member Liability definition

Member Liability. You are responsible for all transactions you authorize using your Visa Debit Card. If you permit someone else to use your card, you are responsible for any transactions they authorize or conduct on any of your accounts. You will not be held responsible for unauthorized transactions made with your Credit Union –issued Visa Debit Card if you exercise reasonable care in safeguarding the card from risk of loss or theft and, upon becoming aware, promptly report the loss or theft to the Credit Union. Under Regulation E, you could have up to $500 liability if the loss is not reported within two days of discovery. You may have unlimited liability if you do not report unauthorized transactions within 60 days of it being reported on a periodic statement.
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Member Liability. You are responsible for all transactions you authorize using your Visa Debit Card. If you permit someone else to use your card, you are responsible for any transactions they authorize or conduct on any of your accounts. You will not be held responsible for unauthorized transactions made with your Credit Union –issued Visa Debit Card if you exercise reasonable care in safeguarding the card from risk of loss or theft and, upon becoming aware, promptly report the loss or theft to the Credit Union. Under Regulation E, you could have up to
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Member Liability means any obligation, responsibility, cost or liability for which a Member becomes personally liable as a result of Operations of the Company, but excludes Company Liability.
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Examples of Member Liability in a sentence

  • Please refer to the Member Liability section of this Agreement for terms and conditions.

  • Member Liability CalculationWhen covered healthcare services are provided outside of our service area by nonparticipating providers, the amount you pay for such services will normally be based on either the Host Blue's nonparticipating provider local payment or the pricing arrangements required by applicable state law.

  • Also, there are certain protections and rights such as the zero liability protections in the section Member Liability, applicable only to VISA processed transactions.

  • Refer to the separate “Schedule of Fees and Charges” for current fees Member Liability.

  • All terms governing electronic funds transfer services will apply to electronic check transactions, except the $50 and $500 limits of liability for unauthorized transactions in Section II, Item B – Member Liability.

  • Refer to the separate Credit Union’s Fee Schedule for current fees Member Liability.

  • Also, there are certain protections and rights such as the zero liability protections in the section Member Liability, applicable only to Visa processed transactions.

  • Member Liability Calculation When covered healthcare services are provided outside of BCN's service area by non-participating healthcare providers, the amount(s) a Member pays for such services will generally be based on either the Host Blue's non-participating healthcare provider local payment or the pricing arrangements required by applicable state law.

  • Refer to the separate “Rate Addendum and Schedule of Fees and Charges” for current fees Member Liability.

  • All Medicare member liability denials are subject to the Medicare Complaints, Appeals and Grievances (MCAG) process as outlined in the Medicare Member Liability Appeals and Medicare Member Grievance sections of this Provider Manual.


More Definitions of Member Liability

Member Liability. Members are responsible for all transactions they authorize using their EFT services under this EFT Policy. If a member permits someone else to use an EFT service, their card or their access code, they are responsible for any transactions they authorize or conduct on any of their accounts. A member must tell us immediately if they believe their card and/or access code has been lost or stolen or if they believe someone has used their card or access code or otherwise accessed their accounts without their permission, or if they believe that an electronic fund transfer has been made without their permission using information from your check. Right to Receive Documentation Periodic Statements: Transfers and withdrawals made through any debit card transaction will be recorded on the member’s periodic statement. Members will receive a statement monthly unless there is no transaction in a particular month. In any case, members will receive a statement at least quarterly. Terminal Receipt: Members can get a receipt at the time they make any transaction (except inquiries) involving their account using an ATM and/or point-of-sale (POS) terminal. Account Information Disclosure: Credit union personnel will disclose information to third parties about member accounts or the transfers they make: Business Days: Credit Union business days are Monday through Friday, excluding holidays.
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Member Liability. The Member shall be liable to the Credit Union for and shall indemnify and hold harmless from any and all claims, causes of action, damages, expenses (including reasonable attorney's fees and other legal expenses), liabilities and other losses resulting from acts, omissions, or provision of invalid or inaccurate data by the member including without limitation; a) a breach by the Member of any provision of this agreement; b) the Credit Union debiting or crediting of the account of any person as requested by the Member; c) the failure to act or the delay by any financial institution other than the Credit Union. Any written notice to the Credit Union by the Member must be hand delivered to any branch during business hours or sent by U.S. mail or express carrier to the Corporate Office mailing address listed at the bottom of this agreement.
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Member Liability. You are responsible for all transfers you authorize using EFT services under this Section II. If you permit other persons to use an EFT service, card, PIN, or access code, you are responsible for any transactions they authorize or conduct on any of your accounts. Fees: EFT service fees are set forth in our Fee Schedule. From time to time, we may charge fees at our sole discretion. We will notify you of any changes as required by law. If you use an ATM not operated by us, the ATM operator or ATM network you use may charge you a surcharge fee. The Credit Union will deduct the ATM surcharge from your account if you elect to complete the transaction. You may not use the card for any illegal or unlawful transactions, and we may decline to authorize any transaction that we believe poses an undue risk of illegality or unlawfulness. If you conduct a debit card transaction and you have opted in to Overdraft Protection, or you conduct any other EFT and overdraw your account, you agree to pay an Overdraft fee as set forth in the Fee Schedule. Right to Receive Documentation
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Member Liability. If a MasterCard cardholder does not report the unauthorized use promptly, the cardholder could have up to $500 liability if the loss is not reported within two days of discovery or unlimited liability of the unauthorized transaction if not reported within 60 days of when the unauthorized transaction was reported on a periodic statement.
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Member Liability. You are responsible for all transfers you authorize using the Home Banking/Xxxx Xxxxx eBanking Services under this Agreement. If you permit other persons to use your PIN, you are responsi- ble for any transactions they authorize or conduct on any of your accounts. However, if you believe any- one has used your PIN and accessed your accounts without your authority, let us know at your earliest convenience. Calling the CU is the best way to minimize your potential loss. If you advise us within 2 busi- ness days, your loss will be limited to $50. If you do not advise us within 2 business days after you learn of the unauthorized use of your account or PIN, and we can prove that we could have stopped someone from accessing your account without your permission you could be liable for up to a maximum of $500. Also, if your statement shows Home Banking/Xxxx Xxxxx eBanking Service transfers that you did not make, advise us at once. If you do not advise us within sixty (60) days after the statement was mailed to you, you may be liable for the full amount of the loss if we can prove that we could have stopped some- one from making the unauthorized EFT transactions. If you believe your PIN has been lost or stolen or that someone has transferred or may transfer money from your account without your permission, call the telephone number provided in this brochure or con- tact us electronically by sending an e-mail message through the Home Banking/Xxxx Xxxxx eBanking Service at xxx.xxxxxxxxx.xxx, or write to: ESSENTIAL FEDERAL CREDIT UNION | P.O. BOX 738 Plaquemine, LA 70765-0738 Business Days – Our business days are Monday through Friday, excluding holidays Banking Days: Monday through Friday, 7:30am to 7:30pm and Saturdays 9am to 5pm. Federal Holidays are not included. Fees and Charges: There may be certain charges for Home Banking/Xxxx Xxxxx eBanking Services as set forth below. From time to time, the charges may be changed. We will notify you of any changes as required by law. Xxxx Xxxxx service is offered to the membership at a monthly cost (as per fee schedule) Transaction Documentation: Transfers and withdrawals transacted through Home Banking/Xxxx Xxxxx eBanking Service will be re- corded on your monthly account statement. Account Information Disclosure: We will maintain the confidentiality and privacy of your account information in accordance with our pri- vacy policy. However, we will disclose information to third parties about your account or the transfers you m...
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Related to Member Liability

  • Other Liabilities means any obligation on account of (a) any Cash Management Services furnished to any of the Loan Parties or any of their Subsidiaries and/or (b) any Bank Product furnished to any of the Loan Parties and/or any of their Subsidiaries.

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • Indemnity Obligations means all obligations of the Company to Indemnitee under this Agreement, including the Company’s obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.

  • Indemnification Claim has the meaning set forth in Section 8.4(a).

  • Asserted Liability has the meaning set forth in Section 9.4(a).

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • Indemnifiable Liabilities and "Indemnifiable Amounts" shall have the meanings ascribed to those terms in Section 3(a) below.

  • Company Indemnitee has the meaning set forth in Section 7.2(b).

  • Expenses and Liabilities has the meaning assigned to such term in ‎Section 5.4(a).

  • Company Indemnified Person means (a) any Administrator; (b) any Affiliate of any Administrator; (c) any officers, directors, shareholders, members, partners, employees, representatives or agents of any Administrator; or (d) any officer, employee or agent of the Trust or its Affiliates.

  • Indemnification Expenses shall have the meaning set forth in Section 6.11(a).

  • Indemnification Obligation means any existing or future obligation of any Debtor to indemnify current and former directors, officers, members, managers, sponsors, agents or employees of any of the Debtors who served in such capacity, with respect to or based upon such service or any act or omission taken or not taken in any of such capacities, or for or on behalf of any Debtor, whether pursuant to agreement, letters, the Debtors’ respective memoranda, articles or certificates of incorporation, corporate charters, bylaws, operating agreements, limited liability company agreements, or similar corporate or organizational documents or other applicable contract or law in effect as of the Effective Date.

  • Fund Indemnified Persons means, the Fund and its affiliates and trustees, officers, partners, employees, agents, representatives and control persons, entitled to indemnification by the Holders under Section 7.

  • Company Indemnitees shall have the meaning set forth in Section 5.02.

  • Excluded Liability means any liability that is excluded under the Bail-In Legislation from the scope of any Bail-In Action including, without limitation, any liability excluded pursuant to Article 44 of the Bank Recovery and Resolution Directive.

  • Jointly Indemnifiable Claims shall be broadly construed and shall include, without limitation, any claim, demand, action, suit or proceeding for which the Covered Person shall be entitled to indemnification or advancement of Expenses from both (i) the Company and/or any Controlled Entity pursuant to the Indemnification Sources, on the one hand, and (ii) any Indemnitee-Related Entity pursuant to any other agreement between any Indemnitee-Related Entity and the Covered Person pursuant to which the Covered Person is indemnified, the laws of the jurisdiction of incorporation or organization of any Indemnitee-Related Entity and/or the certificate of incorporation, certificate of organization, bylaws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or other organizational or governing documents of any Indemnitee-Related Entity, on the other hand.

  • Indemnification Obligations means each of the Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents, board resolutions, management or indemnification agreements, or employment or other contracts, for their current and former directors, officers, managers, members, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors.

  • Indemnity, Subrogation and Contribution Agreement means the Indemnity, Subrogation and Contribution Agreement among Xxxxx 0, the Borrower, the Subsidiary Loan Parties and the Collateral Agent, substantially in the form of Exhibit C-3.

  • Third Party Liability means both of the following:

  • Company Indemnified Persons has the meaning set forth in Section 5(a).

  • Product Liability Claim means a Claim of a Third Party (other than a Claim arising out of use of the Product in a clinical trial) that (i) arises as a result of the use of the Product during the Term that results in personal injury or death or (ii) is in anticipation of or intended to prevent or forestall personal injury or death as a result of the use of the Product during the Term.

  • Jointly Indemnifiable Claim means any Claim for which the Indemnitee may be entitled to indemnification from both an Indemnitee-Related Entity and the Company pursuant to applicable law, any indemnification agreement or the certificate of incorporation, by-laws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or comparable organizational documents of the Company and an Indemnitee-Related Entity.

  • Excluded Hedge Liability or Liabilities means, with respect to each Borrower and Guarantor, each of its Swap Obligations if, and only to the extent that, all or any portion of this Agreement or any Other Document that relates to such Swap Obligation is or becomes illegal under the CEA, or any rule, regulation or order of the CFTC, solely by virtue of such Borrower’s and/or Guarantor’s failure to qualify as an Eligible Contract Participant on the Eligibility Date for such Swap. Notwithstanding anything to the contrary contained in the foregoing or in any other provision of this Agreement or any Other Document, the foregoing is subject to the following provisos: (a) if a Swap Obligation arises under a master agreement governing more than one Swap, this definition shall apply only to the portion of such Swap Obligation that is attributable to Swaps for which such guaranty or security interest is or becomes illegal under the CEA, or any rule, regulations or order of the CFTC, solely as a result of the failure by such Borrower or Guarantor for any reason to qualify as an Eligible Contract Participant on the Eligibility Date for such Swap; (b) if a guarantee of a Swap Obligation would cause such obligation to be an Excluded Hedge Liability but the grant of a security interest would not cause such obligation to be an Excluded Hedge Liability, such Swap Obligation shall constitute an Excluded Hedge Liability for purposes of the guaranty but not for purposes of the grant of the security interest; and (c) if there is more than one Borrower or Guarantor executing this Agreement or the Other Documents and a Swap Obligation would be an Excluded Hedge Liability with respect to one or more of such Persons, but not all of them, the definition of Excluded Hedge Liability or Liabilities with respect to each such Person shall only be deemed applicable to (i) the particular Swap Obligations that constitute Excluded Hedge Liabilities with respect to such Person, and (ii) the particular Person with respect to which such Swap Obligations constitute Excluded Hedge Liabilities.

  • Common expense liability means the liability for common

  • Buyer Indemnitee has the meaning set forth in Section 8.1(b).

  • UK Bail-in Liability means a liability in respect of which the UK Bail-in Powers may be exercised.