Ownership of Accounts. In the event of termination, so long as Producer has promptly accounted for and paid all premiums or return commissions for which it may be liable, the Producer’s records and use and control of expiration, shall remain the property of Producer; otherwise, use of record and control of expirations shall be vested promptly and exclusively in Broker.
Ownership of Accounts. Lessee shall furnish information necessary for the printing of all Operating Account checks, which will bear the name of the Hotel. All bank accounts (including the Operating Account but excluding the Reserve Fund), bank balances, bank statements, advice, paid checks, blank checks and other related records established in connection with operation of the Hotel or the ownership of the Property shall be the sole property of Lessee and/or any designee of Lessee.
Ownership of Accounts. (a) Subject to Company’s Purchase Option with respect to Program Assets, Bank shall be the sole and exclusive owner of the Accounts, Cardholder Indebtedness and Account Documentation, and shall have all rights, powers, and privileges with respect thereto as such owner. All purchases and cash advances in connection with the Accounts and the Cardholder Indebtedness shall create the relationship of debtor and creditor between the Cardholder and Bank, respectively. Bank shall fund all Cardholder Indebtedness on the Accounts. Company acknowledges and agrees that (i) it has no right, title or interest (except for its right, title and interest in the Company Licensed Marks and the Purchase Option) in or to, any of the Accounts or the Account Documentation related to such Accounts or any proceeds of the foregoing, and (ii) Bank extends credit directly to Cardholders.
(b) Except as expressly provided herein, Bank shall be entitled to (i) receive from Company as servicer all payments made by Cardholders on Accounts, and (ii) retain for its account all Cardholder Indebtedness and such other fees and income authorized by the Credit Card Agreements and collected by Bank with respect to the Accounts and the Cardholder Indebtedness.
(c) For so long as Company is the servicer of the Accounts and for such additional time as Company has any obligation under this Agreement or Applicable Law by virtue of its acting as servicer to retain the Account Documentation, Company shall hold and retain the Account Documentation following the Closing Date for the sole benefit of Bank, and Bank shall have access to any Account Documentation as it may request from time to time.
Ownership of Accounts. JOINT ACCOUNTS
Ownership of Accounts a. All Accounts opened in connection with the Purchase Program are non-transferable and non-assignable by the Accountholder. Accountholder will be responsible for all charges incurred through the use of the Account opened under the Purchase Program no matter how it is incurred or who has incurred it.
b. TreviPay reserves the right to cancel the Account(s) at any time. Accountholder will be responsible for all charges incurred through the use of the Account issued hereunder by Accountholder or by any Authorized Persons and agrees to repay all amounts owing on the Account.
c. The Accountholder is liable and agrees to be responsible for any unauthorized use of the Account. If an Account number, sub-Account number or any password or Account credentials are lost, stolen or compromised or suspected to be lost, stolen or compromised, or if the Accountholder believes there may have been unauthorized access to the Account, it is the Accountholder’s sole responsibility to notify TreviPay immediately and Accountholder must immediately deactivate the Account through the Program Website to prevent unauthorized usage of the Account. Any unauthorized usage of the Account prior to such deactivation shall remain the Accountholder’s sole responsibility. Accountholder should follow-up such deactivation with written notification sent directly to TreviPay program support at the notice address listed below, and using the telephone number or email address located at the bottom of the Program Website, or through the Program Website. Upon receipt of such deactivation notice, TreviPay program support will suspend and/or close the Account and will take commercially reasonable steps to prevent the further usage of the Account number and sub-Account numbers. If the Account number or any sub-Account number is honored prior to the receipt of such deactivation notice, Accountholder will be responsible for all charges incurred through the use of the Account.
d. The Accountholder (and the Administrator and each User is responsible for keeping its password(s) and other credentials confidential and safe and for protecting its password(s) and credentials to access the Program Website and to select a password that cannot be easily guessed. The Accountholder will be liable for any unauthorized uses of the Program Website (as well as the Account as set forth in this Section).
e. Access to the Program Website must be restricted to the Administrator and Users who are authorized representative(s) o...
Ownership of Accounts. We may pay out funds or transact business pertaining to any account with the signature of any one of the account owners, or the signature of any designated agent(s), unless otherwise agreed in writing by the Credit Union. With respect to accounts owned by individuals where there is more than one owner on an account, you will each have access to the account and all the funds therein. We will consider all funds paid into the account, including dividends thereon, as held by each owner jointly and equally, without regard to net contribution of each owner, with right of survivorship, and all such funds shall be subject to withdrawal or receipt by any of the account owners or their survivors. Any such payment shall be valid and discharge the Credit Union from liability. With respect to ownership of funds, we will not inquire as to the source of funds received for deposit to a joint account or the proposed use of the funds withdrawn.
Ownership of Accounts. You represent that you are the legal owner of or are otherwise authorized to access the Accounts and other financial information which may be accessed through the Online Services. If any of your Accounts accessed through the Online Services are joint accounts, all joint owners, including any authorized users, Primary Administrators, and Secondary Users, shall be bound by this Agreement and, alone and together, shall be responsible for all transactions or other actions taken. Each joint owner or other authorized user, without the consent of any other account owner, may, and is hereby authorized by every other joint account owner, to make any transaction permitted by the Online Services. Each joint account owner or authorized user is authorized to act for the other account owners, and Avadian may accept orders and instructions regarding any transaction on any Account from any joint account owner or authorized user.
Ownership of Accounts. Prior to the Lender making any Loan as set forth herein, the Borrower will be the sole owner of, and have good and marketable title to the Accounts pledged as security for such Loan.
Ownership of Accounts. The classification of your account as personal, fiduciary or commercial, the form of ownership and the respective owner’s interest in an account are determined by the information that appears on the current signature card for the account. If the signature card is unavailable or incomplete, information from the Bank’s other records may be relied on to determine the ownership of the account.
