Common use of Electronic Notification Clause in Contracts

Electronic Notification. Notifications sent by the Bank to the Company and Cardholder(s) via text messaging, telex, facsimile, e- mail or other electronic means using the number and address of record shall be deemed to have been sent to the Company and Cardholder(s) himself/herself. As such, the Company and Cardholder(s) hereby declare the Bank free and harmless from any liability, if the information contained in the electronic notification is, by any means, accessed by any party other than the Company and Cardholder(s). Such electronic notifications shall further be assumed to have been received by the Company and Cardholder(s) if sent using the number and address of record.

Electronic Notification. Notifications sent by the Bank to the Company and Cardholder(s) via text messaging, telex, facsimile, e- mail or other electronic means using the number and address of record shall be deemed to have been sent to the Company and Cardholder(s) himself/herselfhimself /herself. As such, the Company and Cardholder(s) hereby declare the Bank free and harmless from any liability, if the information contained in the electronic notification is, by any means, accessed by any party other than the Company and Cardholder(s). Such electronic notifications shall further be assumed to have been received by the Company and Cardholder(s) if sent using the number and address of record.