M ember definition
Examples of M ember in a sentence
M ember acknow ledges and agrees that Credit Union may rely on the security procedure M ember uses to authenticate and/or authorize a Transaction and that Credit Union may process any Transaction that Credit Union receives and authenticates through the use of the security procedures.
If a Transaction (or a request for cancellation or amendment of a Transaction) received by Credit Union purports to have been transmitted or authorized by M ember, it will be deemed effective as M ember’s Transaction and M ember shall be obligated to pay Credit Union the amount of such Transaction even though the Transaction was not authorized by M ember, provided Credit Union accepted the Transaction in good faith and acted in compliance with the security procedures with respect to such Transaction.
M ember acknow ledges that M ember is not allow ed to transmit entries that violate the laws of the United States, including sanctions enforced by the Office of Foreign Assets Control ("OFAC") of the United States Treasury Department, as in effect from time to time.
Credit Union shall be entitled to rely solely on the information, representations, and warranties provided by M ember pursuant to this Agreement, and shall not be responsible for the accuracy or completeness thereof.
Credit Union is not obligated to make the amount of any debit Transaction available for withdraw al by M ember before such amount constitutes immediately available funds in M ember’s Authorized Accounts.
M ember will be notified of a returned entry no later than one (1) business day follow ing such receipt.
M ember shall pay any expenses incurred by Credit Union in making such information available to M ember.
Either Credit Union or M ember may terminate this Agreement at any time by giving written notice to the other party.
Except as otherw ise expressly provided herein, Credit Union shall not be required to act upon any notice or instruction received from M ember or any other person, or to provide any notice or advice to Member or any other person with respect to any matter.
M ember agrees to be solely responsible for Member’s use of Coast360’s Coast Online, including responsibility to safeguard M ember’s confidential access capability and complying w ith user documentation, procedures and other instructions regarding Transactions.