Common use of BUSINESS CHECKING ACCOUNT Clause in Contracts

BUSINESS CHECKING ACCOUNT. In order to make use of your card you must open a new business checking account that you will maintain with us (the “Account”) for the Authorized Users to access by using the Card. You must maintain the Account or another designated business checking account with us at all times, and if the Account is closed for any reason and you have not designated another business checking account with us as the Account, this Agreement and the Cards will be terminated. Except for the services described with this Agreement, the Account shall be governed by the current Deposit Agreement governing your Account. In the event of a conflict between this Agreement and the Deposit Agreement or any other agreement between you and us, this Agreement will control with respect to Card transactions made with the Cards and associated PINs. You understand and agree that the Authorized Users may only access the Account by use of the Cards.

Appears in 4 contracts

Samples: Check Card Agreement, Check Card Agreement, Check Card Agreement

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