VISA’S ZERO LIABILITY POLICY Sample Clauses

VISA’S ZERO LIABILITY POLICY. To the extent not covered by paragraph 17, Visa’s Zero Liability Policy has been devised to provide you with protection against unauthorized signature-based Visa Business Check Card transactions (PIN transactions are not covered under Visa’s Zero Liability Policy) processed through the Visa network including Internet and telephone purchases. If you suspect that your Visa Business Check Card or card number has been lost or stolen, you may not be responsible for any unauthorized signature-based purchases if you report the theft promptly.
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VISA’S ZERO LIABILITY POLICY. If the Debit Card is used in a transaction that is processed through a Visa, Interlink, or Plus network, including ATM transactions, then the Visa Zero Liability Policy may apply. The Visa Zero Liability Policy does not apply to transactions not processed by Visa or certain commercial card transactions. If the Visa Zero Liability Policy applies, upon notification from you of unauthorized transactions, we will limit your liability for those transactions to zero and will provide you with provisional credit for those transactions within five business days from receipt of notification; provided that you provide us with written confirmation of those transactions. Subject to limits provided under the Electronic Fund Transfer Act, we may withhold provisional credit, to the extent allowed under applicable Visa rules or otherwise allowed by law, if we determine that the circumstances or account history warrant the delay. For purposes of this section and the Visa Zero Liability Policy, the term “unauthorized transaction” excludes any transaction not otherwise subject to the Visa Zero Liability Policy, as set forth in the applicable Visa operating regulations, as amended from time to time. The Visa Zero Liability Policy does not apply if we determine that you were negligent or fraudulent in the handling of your account or Debit Card, such as when you have given someone else your card, card number, or PIN, or when you do not tell us within 60 days of unauthorized transactions. Transactions Outside of Visa In addition to Visa network processed transactions (for the Debit Card), the Card is enabled to allow non-Visa network transaction processing. This means you may use your Card on a single-message or regional debit network (“Regional Debit Network”). Not all Regional Debit Network transactions require a PIN to authenticate transactions. Examples of the types of actions that you may be required to make to initiate a Visa network transaction on the Debit Card include signing a receipt, providing a Card number over the phone or via the Internet, or swiping the Card through a POS terminal. Examples of the types of actions you may be required to initiate a transaction on a Regional Debit Network include initiating a payment directly with the xxxxxx (possibly via telephone, Internet, or kiosk locations), responding to a logo displayed at a payment site and choosing to direct payment through that network, and having your identity verified using known information derived from...
VISA’S ZERO LIABILITY POLICY. Visa’s Zero Liability policy may apply to unauthorized Card and Card Account transactions. Visa’s Zero Liability Policy does not apply to certain commercial cards and anonymous prepaid card transactions or transactions not processed by Visa. Additional details and other conditions may be found in the Visa Rules. If a transaction is unauthorized and meets the requirements of Visa’s Zero Liability Policy, and Customer properly follows the requirements of Visa’s Zero Liability Policy and this Agreement, Customer will not be liable for the unauthorized transaction. Use of the Card Account or a Card is not considered “unauthorized” if effected by a Cardholder who has actual, implied or apparent authority for such use, or Customer or Cardholder receives a benefit from the transaction.
VISA’S ZERO LIABILITY POLICY. In some circumstances, you will not be liable for unauthorized use that occurs after you notify us of the loss, theft or unauthorized use of your Card, Access Code(s), or PIN. You also agree to cooperate completely with us in attempts to recover funds from unauthorized users and to assist in their prosecution. We may issue replacement Card(s), Access Code(s), and PIN(s), but only after you have provided such proof and security or indemnification as we may require. In addition, you acknowledge that we may have to deactivate your Card(s) and/or Card Account to prevent future losses. If you share your Card(s), Access Code(s), or PIN with another person, use of your Card Account by that person may be considered as authorized. If you authorize another person to use your Card, Access Code(s), or PIN, you agree that you will be liable for all transactions arising from use of the Card, Access Code(s), or PIN by such person except as otherwise set forth in this Agreement. In all cases, our liability for an unauthorized transaction is limited to reimbursing you for the face amount of the unauthorized transaction and any corresponding fees, except as otherwise required by applicable law. A transaction is unauthorized if it is not initiated by you, you did not give permission to make the transaction and you do not benefit from the transaction in any way. Visa’s Zero Liability policy covers U.S.–issued cards only and does not apply to ATM transactions outside the Visa and PLUS networks, PIN transactions not processed by Visa, anonymous prepaid card transactions or certain commercial card transactions. We must be notified promptly of any unauthorized use.

Related to VISA’S ZERO LIABILITY POLICY

  • Excess/Umbrella Liability Policies Required insurance coverage limits may be provided through a combination of primary and excess/umbrella liability policies. If coverage limits are provided through excess/umbrella liability policies, then a Schedule of underlying insurance listing policy information for all underlying insurance policies (insurer, policy number, policy term, coverage and limits of insurance), including proof that the excess/umbrella insurance follows form must be provided after renewal and/or upon request.

  • Commercial General Liability and Business Auto Liability will be endorsed to provide primary and non-contributory coverage The Commercial General Liability Additional Insured endorsement will include on-going and completed operations and will be submitted with the

  • Business Auto Liability The automobile liability insurance provided by the Contractor shall conform to the requirements hereinafter set forth:

  • ’ Compensation/Employer’s Liability Insurance If Contractor has employees, it shall maintain workers’ compensation insurance as required by law. Employer’s liability limits shall be not less than $1,000,000 for each accident, $1,000,000 as the aggregate disease policy limit, and $1,000,000 as the disease limit for each employee. If Contractor does not have employees, it shall provide a letter, on company letterhead, to the Judicial Council certifying, under penalty of perjury, that it does not have employees. Upon the Judicial Council’s receipt of the letter, Contractor shall not be required to maintain workers’ compensation insurance.

  • Worker's Compensation and Employer's Liability Insurance The Contractor shall have in effect during the entire life of this Agreement Workers' Compensation and Employer's Liability Insurance providing full statutory coverage. In signing this Agreement, the Contractor certifies, as required by Section 1861 of the California Labor Code, that it is aware of the provisions of Section 3700 of the California Labor Code which requires every employer to be insured against liability for Worker's Compensation or to undertake self-insurance in accordance with the provisions of the Code, and I will comply with such provisions before commencing the performance of the work of this Agreement.

  • Compensation and Employers Liability Insurance a. Statutory California Workers' Compensation coverage including broad form all-states coverage.

  • Workers’ Compensation/Employer’s Liability Insurance The minimum limits of Workers’ Compensation/Employer’s Liability insurance are: Part One: Part Two: “Statutory” Each Accident $1,000,000 Disease – Policy Limit $1,000,000 Disease – Each Employee $1,000,000

  • Workers' compensation and employer's liability insurance endorsements The following are required:

  • Professional Liability (Errors & Omissions Insurance with limits of not less than $1,000,000 each occurrence, $2,000,000 aggregate. Such insurance will cover all professional services rendered by or on behalf of PROVIDER and its subcontractors under this Agreement. Renewal policies written on a claims- made basis will maintain the same retroactive date as in effect at the inception of this Agreement. If coverage is written on a claims-made basis, PROVIDER agrees to purchase an Extended Reporting Period Endorsement, effective for two (2) full years after the expiration or cancellation of the policy. No professional liability policy written on an occurrence form will include a sunset or similar clause that limits coverage unless such clause provides coverage for at least three (3) years after the expiration of cancellation of this Agreement.

  • PROFESSIONAL LIABILITY INSURANCE (ERRORS & OMISSIONS) Professional Liability Insurance for Errors and Omissions coverage in the amount of not less than ($1,000,000). If CONTRACTOR sub-contracts in support of CONTRACTOR’S work provided for in the agreement, Professional Liability Insurance for Errors shall be provided by the sub-contractor in an amount not less than one million dollars ($1,000,000) in aggregate. The insurance coverage provided by the CONTRACTOR shall contain language providing coverage up to one (1) year following completion of the contract in order to provide insurance coverage for the hold harmless provisions herein if the policy is a claims-made policy.

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