Liability for Failure to Make Sample Clauses

Liability for Failure to Make. “Electronic Fund Transfers”: If we do not complete an “electronic fund transfer” as described in Section 4, to or from your accounts on time or in the correct amount according to our agreements with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance:  If, through no fault of ours, you do not have enough money in your account make the transfer.  If there is not enough money in your account, in excess of amounts you have pledged to us as collateral for a loan, to make the transfer.  If funds in your account are subject to garnishment or other legal process.  If we have, because of your default on a loan, exercised our rights against the funds in a pledged account.  If the transfer would go over the credit limit on your overdraft line.  If the automated teller machine where you made the transfer did not have cash.  If circumstances beyond our control, such as fire or flood, prevent the transfer, despite reasonable precautions we have taken.  We will also be excused from such liability if you fail to observe the terms of this agreement, or our account agreements with you, which relate to such “electronic funds transfers”.
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
Liability for Failure to Make. “Electronic Fund Transfer”: If we do not complete an “electronic fund transfer,” as described in Section 4, to or from your account(s) on time or in the correct amount according to our agreements with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance: • If, through no fault of ours, you do not have enough money available in your account to make the transfer. • If there is not enough money in your account, in excess of amounts you have specifically pledged to us as collateral, to make the transfer. • If funds in your account are subject to garnishment or other legal process which prevents the making of the transfer. • If we have, because of your default, exercised our rights against the funds in your account pursuant to a pledge of those funds you gave us. • If the transfer would go over the credit limit on your overdraft line. • If the ATM where you are making the transaction does not have enough cash. • If you use or try to use your ATM card or your PIN after your right to use it has been cancelled. • If circumstances beyond our control prevent the transfer, despite reasonable precautions that we have taken. • We will also be excused from such liability if you fail to observe the terms and conditions of this agreement, our Speedy Line program, our Internet Home Banking program, our Mobile Banking program, or our account agreements with you, as they relate to “electronic fund transfers.”
Sample 1Sample 2
Liability for Failure to Make. Transfer If we do not complete a transfer from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance:
Sample 1
Liability for Failure to Make. A TRANSFER If we fail to make a transfer on time and/or in the correct amount, we will be liable to you for your losses or damages caused as a result. However, there are some exceptions. We will not be liable if, for instance: * Through no fault of ours, you do not have enough money in your account to make the transfer. * If a legal order directs us to prohibit withdrawals from your account(s). * If your account(s) have been frozen or closed. * If the transfer will allow you to exceed your credit limit set up to cover overdrafts. * If you, or anyone authorized by you, commits fraud or violates any law or regulation. * If the electronic terminal, telecommunication device, or any other part of the system is not working properly, and you knew about the problem prior to making the transfer. * If you have provided us with incomplete or inaccurate information for the transfer. * If you have not properly followed the on screen instructions for use of the system. * If circumstances beyond our control, such as fire, flood, interruption in telephone service, interruption of electrical service, etc. prevent the transfer despite reasonable precautions we have made. YOUR LIABILITY FOR UNAUTHORIZED TRANSFERS CONTACT US AT ONCE if you think your password has been lost, stolen, used without your authorization or otherwise compromised. Also contact us at once if someone has or you believe will transfer money from your account without your consent. An immediate telephone call to us is the best way to reduce any possible losses. You could lose all of the money in your account(s) plus your maximum line of credit, if any. If you contact us within two (2) business days after you learn of the loss of your PIN, password or other access device, you can lose no more than $50 if someone accesses your account without your permission. If you do not contact us within two (2) business days after discovery of the loss, theft, compromise, or unauthorized use of your password, User ID, PIN and/or other access device, and we prove that we could have stopped the unauthorized access to your account had we learned the information, your loss could be as much as $500. Also, if your statement shows transfers you did not make, contact us at once. If you do not notify us within sixty (60) days after the statement is transmitted to you, you may not get back any money you lost through transactions made after the sixty (60) day time period, if we can prove that we could have prevented the loss if you ...
Sample 1
Liability for Failure to Make. Transfers If the Credit Union does not complete a transfer to or from your account on time or in the correct amount according to our Agreement with you, the Credit Union will be liable for your losses or damages. However, there are some exceptions. For example, the credit union will NOT be liable for: • Preauthorized transfers, if through no fault of the Credit Union, the payment information for a preauthorized transfer is not received, • If through no fault of the Credit Union there is not enough money in your accounts to complete the transaction, • If any funds in your accounts necessary to complete the transaction are held as uncollected funds or pursuant to the Credit Union’s current Funds Availability Policy, • If you used your Card or PIN in an incorrect manner, • If the ATM where you are making the transfer does not have enough cash, • If the ATM was not working properly and you knew about the problem when you started the transaction, • If circumstances beyond our control such as a ÿre, ˛ood, or power failure prevent this transaction, • If the transaction(s) exceed the established daily limits, • If the money in your account is subject to legal process or other claims, • If funds in your account are pledged as collateral or frozen because of a delinquent loan, • If the error was caused by a computer system of any participating ATM network, • If the electronic transfer is not completed as a result of your willful or negligent use of your Debit Card, PIN, or any EFT facility for making such transfers, • Any other exception as established by the Credit Union.
Sample 1

Related to Liability for Failure to Make

  • Liability for Failure to Make Transfers If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance:

  • Our Liability for Failure to Make Transfers If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will NOT be liable for instance: * If, through no fault of ours, you do not have enough money in your account to make the transfer. * If the money in your account is subject to legal process or other claim restricting such transfer. * If the transfer would go over the credit limit on your overdraft line. * If the ATM where you are making the transfer does not have enough cash. * If the terminal or system was not working properly and you knew about the breakdown when you started the transfer. * If circumstances beyond our control (such as fire or flood) prevent the transaction, despite reasonable precautions that we have taken. In Case of Errors or Questions About Your Electronic Transfers. Telephone us at (000) 000-0000, or write us at R BANK,0000 X Xxxx Xxxxxx Xxxx, Xxxxx Xxxx, XX 00000 as soon as you can, if you think your statement or receipt is wrong or if you need more information about a transfer listed on the statement or receipt. We must hear from you no later than sixty days after we sent the FIRST statement on which the problem or error appeared. * Tell us your name and account number (if any). * Describe the error or the transfer you are unsure about and explain as clearly as you can why you believe it is an error or why you need more information. * Tell us the dollar amount of the suspected error. * If you tell us orally, we may request that you send us your complaint or question in writing within ten (10) business days. We will determine whether an error occurred within ten (10) business days after we hear from you and will correct any error promptly. If we need more time, however, we may take up to forty-five (45) days to investigate your complaint or question. If we decide to do this, we will credit your account within ten business days for the amount you think is in error, so that you will have the use of the money during the time it takes us to complete our investigation. If we ask you to put your complaint or question in writing and we do not receive it within ten (10) business days, we may not credit your account. If a notice of error involves an electronic fund transfer that occurred within thirty (30) days after the first deposit to the account was made, the error involves a new account. For errors involving new accounts, point ofsale debit card transactions, or foreign-initiated transactions, we may take up to ninety (90) days to investigate your complaint or question. For new accounts, we may take up to twenty (20) business days to credit your account for the amount you think is in error. We will tell you the results within three (3) business days after completing our investigation. If we decide that there was no error, we will send you a written explanation. You may ask for copies of the documents that we used in our investigation.

  • OUR LIABILITY FOR FAILURE TO STOP PAYMENT If You order Us to place a stop payment on one of Your pre-authorized payments 3 business days or more before the transfer is scheduled, and We do not do so, We will be liable for losses or damages, to the extent provided by law. TRANSACTION SLIPS. Except for mail-in transactions and certain small-value transactions, You can get a receipt at the time You make any transaction to or from Your Account through the use of Your Card. When an electronic fund transfer has been made during any given month, You will receive a monthly statement to reflect all electronic fund transfers to or from Your Account during that statement period. In any case, You will receive a statement at least quarterly. FEES. We may assess reasonable charges against Your Account for transactions performed at electronic terminals. If so, We will specify any charges for these or other types of electronic transactions, including automatic transfers, on an accompanying pricing document. We will explain the charges to You when You open Your Account. You will be provided with a fee schedule, and other specified information after Your Account is established. Additional fee schedules are available at any of Our office locations. When You use an ATM not owned by Us, You may be charged a fee by the ATM operator, or any network used, and You may be charged a fee for a balance inquiry even if You do not complete a fund transfer.

  • Failure to Make Payment In the event a participating Authorized User fails to make payment to the Contractor for Products delivered, accepted and properly invoiced, within 30 calendar days of such delivery and acceptance, the Contractor may, upon five business days advance written notice to both the Commissioner and the Authorized User’s purchasing official, suspend additional provision of Products to such entity until such time as reasonable arrangements have been made and assurances given by such entity for current and future Contract payments.

  • LIABILITY FOR FAILURE TO COMPLETE TRANSACTIONS If We do not properly complete a transaction to or from Your Account according to this Agreement, We will be liable for Your losses or damages. However, We will not be liable if: (a) Your Account does not contain enough available funds to make the transaction through no fault of Ours; (b) the ATM where You are making the transfer does not have enough cash; (c) the terminal was not working properly and You knew about the breakdown when You started the transaction; (d) circumstances beyond Our control prevent the transaction despite reasonable precautions that We have taken; (e) Your Card is retrieved or retained by an ATM;

  • CREDIT UNION LIABILITY FOR FAILURE TO MAKE TRANSFERS If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we may be liable for your losses or damages. However, we will not be liable for direct or consequential damages in the following events: - If, through no fault of ours, there is not enough money in your accounts to complete the transaction, if any funds in your accounts necessary to complete the transaction are held as uncollected funds pursuant to our Funds Availability Policy Disclosure, or if the transaction involves a loan request exceeding your credit limit. - If you used your card or access code in an incorrect manner. - If the ATM where you are making the transfer does not have enough cash. - If the ATM was not working properly and you knew about the problem when you started the transaction. - If circumstances beyond our control (such as fire, flood, or power failure) prevent the transaction. - If the money in your account is subject to legal process or other claim. - If funds in your account are pledged as collateral or frozen because of a delinquent loan. - If the error was caused by a system of any participating ATM network. - If the electronic transfer is not completed as a result of your willful or negligent use of your card, access code, or any EFT facility for making such transfers. - If the telephone or computer equipment you use to conduct audio response, online/PC, or mobile banking transactions is not working properly and you know or should have known about the breakdown when you started the transaction. - If you have xxxx payment services, we can only confirm the amount, the participating merchant, and date of the xxxx payment transfer made by the Credit Union. For any other error or question you have involving the billing statement of the participating merchant, you must contact the merchant directly. We are not responsible for investigating such errors. - Any other exceptions as established by the Credit Union.

  • Failure to Make Payment In the event a participating Authorized User fails to make payment to the Contractor for Products delivered, accepted and properly invoiced, within thirty calendar days of such delivery and acceptance, the Contractor may, upon five business days advance written notice to both the Commissioner and the Authorized User’s purchasing official, suspend additional shipments of Product or provision of services to such entity until such time as reasonable arrangements have been made and assurances given by such entity for current and future Contract payments.

  • Remedy for failure to insure If the Concessionaire shall fail to effect and keep in force all insurances for which it is responsible pursuant hereto, the Authority shall have the option to either keep in force any such insurances, and pay such premia and recover the costs thereof from the Concessionaire, or in the event of computation of a Termination Payment, treat an amount equal to the Insurance Cover as deemed to have been received by the Concessionaire.

  • Liability for Breach of Contract 1. Any Party who violates the provisions of this Agreement and makes all or part of this Agreement unenforceable, shall be liable for breach of contract and shall compensate the other Party for the losses caused thereby (including the litigation fees and attorney fees caused thereby). If both Parties breach this Agreement, each shall bear the corresponding responsibility according to the actual situations.

  • Our Liability for Failure to Complete Transactions If we do not properly complete a transaction from your Card on time or in the correct amount according to our Agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance:

Time is Money Join Law Insider Premium to draft better contracts faster.