Supplemental Security Devices. We may offer to you or require you to use additional authentication tools or methods from time to time. If you choose not to implement supplemental authentication tools, your access to some or all of the services may be limited. The term “Security Devices” will include any supplemental authentication tools that are used by you. Your continued use of any modified Security Procedures will evidence your agreement that the modified Security Procedures are commercially reasonable for you. You Are Responsible for Verified Payment orders, Even if Unauthorized. If we act on a payment order in compliance with the Security Procedures, then you will be obligated on the payment order, and it will be treated as your payment You Are Responsible for Payment orders Actually Authorized. Regardless of whether or not we complied with the Security Procedures, any payment order received by us will be treated as yours and will bind you if the payment order is delivered to us directly or indirectly by any authorized representative. You will also be responsible for the payment order if you would otherwise be legally bound by the payment order, regardless of whether the payment order was erroneous in any respect or that any loss would have been prevented if we had complied with the Security Procedures.
Appears in 2 contracts
Sources: Deposit Agreement, Deposit Agreement
Supplemental Security Devices. We may offer to you or require you to use additional authentication tools or methods from time to timetime . If you choose not to implement supplemental authentication tools, your access to some or all of the services may be limitedlimited . The term “Security Devices” will include any supplemental authentication tools that are used by youyou . Your continued use of any modified Security Procedures will evidence your agreement that the modified Security Procedures are commercially reasonable for youyou . You Are Responsible for Verified Payment ordersOrders, Even if Unauthorized. If we act on a payment order in compliance with the Security Procedures, then you will be obligated on the payment order, and it will be treated as your payment order, whether or not authorized by you . You Are Responsible for Payment orders Orders Actually Authorized. Regardless of whether or not we complied with the Security Procedures, any payment order received by us will be treated as yours and will bind you if the payment order is delivered to us directly or indirectly by any authorized representative. You will also be responsible for the payment order , or if you would otherwise be legally bound by the payment order, regardless of whether the payment order was erroneous in any respect or that any loss would have been prevented if we had complied with the Security ProceduresProcedures .
Appears in 1 contract
Sources: Deposit Account Agreement