Common use of How to Use Your Card Clause in Contracts

How to Use Your Card. The Card allows Cardholders to directly access the Account specified in your Card Application. We will issue Cards and Personal Identification Numbers (“PINs”) at your request to the Cardholders you designate. (No more than four [4] Cards will be issued for any one business Account.) You guarantee that all Cardholders and anyone else allowed to use a Card will comply with all the terms and conditions of this Agreement. Each Card will identify your business name as well as the Cardholder. Each Cardholder must sign his/her Card before it may be used. Once a Card has been issued, it cannot be transferred to another person. You agree to immediately notify us when you terminate a Cardholder’s rights and to promptly return the Card to us. You understand that the use of the Business Card is not subject to the Federal Reserve Board’s “Regulation E” governing electronic funds transfers for consumer transactions, and you assume full responsibility as set forth in the section titled LIABILITY FOR UNAUTHORIZED TRANSACTIONS.

How to Use Your Card. The Card allows Cardholders to directly access the Account specified in your Card Application. We will issue Cards and Personal Identification Numbers (“PINs”) at your request to the Cardholders you designate. (No more than four [4] Cards will be issued for any one business Account.) You guarantee that all Cardholders and anyone else allowed to use a Card will comply with all the terms and conditions of this Agreement. Each Card will identify your business name as well as the Cardholder. Each Cardholder must sign his/her Card before it may be used. Once a Card has been issued, it cannot be transferred to another person. You agree to immediately notify us when you terminate a Cardholder’s rights and to promptly return the Card to us. You understand that the use of the Business Card is not subject to the Federal Reserve Board’s “Regulation E” governing electronic funds transfers for consumer transactions, and you assume full responsibility as set forth in the section titled LIABILITY FOR UNAUTHORIZED TRANSACTIONS.