Online Statements Account definition

Online Statements Account means any Service Account which is enrolled in or otherwise eligible for the Online Statements Service. We may at any time, in our discretion, qualify or disqualify any Service Account for eligibility as an Online Statements Account.

Online Statements Account means any Service Account which is enrolled in or otherwise

Online Statements Account means any Service Account which is enrolled in or otherwise eligible for the Online Statements Service, and the term “Online Statement” means any periodic statement or transaction history we provide for an Online Statement Account in connection with the Online Statements Service. You acknowledge and agree that we may at any time, in our discretion, qualify or disqualify any Service Account for eligibility as an Online Statements Account. Subject to the terms of this Agreement, when you initially enroll in Online Banking we may automatically activate the Online Statements Service for all of your eligible Online Statements Accounts. We also reserve the right, but we do not have an obligation, to automatically activate the Online Statements Service for eligible Online Statements Accounts that you may open following your initial enrollment in Online Banking. If we do not automatically activate the Service for such accounts, then you must activate the Service in the Online Banking application if you wish to use the Online Statements Service in connection with such accounts. Upon activation of the Online Statements Service for an Online Statements Account, any mailed, paper statements (including any cancelled checks or check images, as applicable) that you were receiving for that account will be discontinued, and all subsequent periodic statements for the account will be furnished electronically. If we have been mailing paper statements to you, we may continue to do so, as well as provide electronic versions of the statements for approximately one (1) month following activation of the Online Statements Service. In our discretion, we may also furnish you with electronic versions of Other Statement Material that relates to your Online Statements Accounts, as provided in this Agreement. If you cancel the Online Statements Service for any Online Statements Account and should later wish to re-activate the Online Statements Service for that account, you must follow the instructions we provide for re-activation. You acknowledge and agree that the re-activated Online Statements Service will be provided subject to the terms and conditions then in effect.

Examples of Online Statements Account in a sentence

• If you cancel the Online Statements Service for any Online Statements Account and should later wish to re-activate the Online Statements Service for that account, you must follow the instructions we provide for re-activation.

• Upon activation of the Online Statements Service for an Online Statements Account, all subsequent periodic statements for the account will be furnished electronically.

• However, in our discretion, we may require you to confirm your assent to the electronic delivery of Online Statements and Other Statement Material from time to time, and we reserve the right to withhold the delivery of these electronic records for any Online Statements Account until you have confirmed or reconfirmed your assent to electronic delivery.

• If Online Statements are cancelled for any Online Statements Account, we will begin furnishing you with paper statements for such account, together with paper copies of material that accompanies such statements, if and as provided by and according to the terms and conditions governing the account, beginning with the periodic statement next following the cancellation of the Online Statements Service.