Member Liability definition

Member Liability. You are responsible for all transactions you authorize using your Visa Debit Card. If you permit someone else to use your card, you are responsible for any transactions they authorize or conduct on any of your accounts. You will not be held responsible for unauthorized transactions made with your Credit Union –issued Visa Debit Card if you exercise reasonable care in safeguarding the card from risk of loss or theft and, upon becoming aware, promptly report the loss or theft to the Credit Union. Under Regulation E, you could have up to $500 liability if the loss is not reported within two days of discovery. You may have unlimited liability if you do not report unauthorized transactions within 60 days of it being reported on a periodic statement. Also, if your statement shows transfers you did not make, including those made by card, code or other means, tell us at once. If you do not tell us within 60-days after the statement was mailed to you, you may not get back any money you lost after the 60-days if we can prove that we could have stopped someone from taking the money if you had told us in time. If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time periods.
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Member Liability. You are responsible for all transfers you authorize using the Home Banking/Xxxx Xxxxx eBanking Services under this Agreement. If you permit other persons to use your PIN, you are responsi- ble for any transactions they authorize or conduct on any of your accounts. However, if you believe any- one has used your PIN and accessed your accounts without your authority, let us know at your earliest convenience. Calling the CU is the best way to minimize your potential loss. If you advise us within 2 busi- ness days, your loss will be limited to $50. If you do not advise us within 2 business days after you learn of the unauthorized use of your account or PIN, and we can prove that we could have stopped someone from accessing your account without your permission you could be liable for up to a maximum of $500. Also, if your statement shows Home Banking/Xxxx Xxxxx eBanking Service transfers that you did not make, advise us at once. If you do not advise us within sixty (60) days after the statement was mailed to you, you may be liable for the full amount of the loss if we can prove that we could have stopped some- one from making the unauthorized EFT transactions. If you believe your PIN has been lost or stolen or that someone has transferred or may transfer money from your account without your permission, call the telephone number provided in this brochure or con- tact us electronically by sending an e-mail message through the Home Banking/Xxxx Xxxxx eBanking Service at xxx.xxxxxxxxx.xxx, or write to: ESSENTIAL FEDERAL CREDIT UNION | P.O. BOX 738 Plaquemine, LA 70765-0738 Business Days – Our business days are Monday through Friday, excluding holidays Banking Days: Monday through Friday, 7:30am to 7:30pm and Saturdays 9am to 5pm. Federal Holidays are not included. Fees and Charges: There may be certain charges for Home Banking/Xxxx Xxxxx eBanking Services as set forth below. From time to time, the charges may be changed. We will notify you of any changes as required by law. Xxxx Xxxxx service is offered to the membership at a monthly cost (as per fee schedule) Transaction Documentation: Transfers and withdrawals transacted through Home Banking/Xxxx Xxxxx eBanking Service will be re- corded on your monthly account statement. Account Information Disclosure: We will maintain the confidentiality and privacy of your account information in accordance with our pri- vacy policy. However, we will disclose information to third parties about your account or the transfers you m...
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Member Liability means any obligation, responsibility, cost or liability for which a Member becomes personally liable as a result of Operations of the Company, but excludes Company Liability.
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Examples of Member Liability in a sentence

  • Nonparticipating Providers Outside Our Service Area • Enrolled Member Liability Calculation When covered healthcare services are provided outside of BCBSRI service area by nonparticipating providers, the amount an enrolled member pays for such services will generally be based on either the Host Blue’s nonparticipating provider local payment or the pricing arrangements required by applicable law.

  • Please refer to the Member Liability section of this Agreement for terms and conditions.

  • Member Liability CalculationWhen the Member incurs Covered Medical Expenses outside of the Blue Cross and Blue Shield of Montana service area for services provided by nonparticipating healthcare providers, the amount the Member pays for such services will be based on either the Host Blue’s nonparticipating healthcare provider local payment or the pricing arrangements required by applicable state law.

  • Member Liability CalculationWhen covered healthcare services are provided outside of our service area by nonparticipating providers, the amount you pay for such services will normally be based on either the Host Blue's nonparticipating provider local payment or the pricing arrangements required by applicable state law.

  • D Member to Member Liability The indemnity provided by this Section is extended to indemnify any member of the Insured’s sports or social organisations, in respect of legal liability for accidental Bodily Injury or Damage to Property, sustained by fellow members of such organisations while engaged in the activities of such organisations.

  • Member Liability Calculation When Covered Services are provided outside of Our service area by Non-Participating Providers, the amount You pay for such services will normally be based on either the Host Blue’s Non-Participating Provider local payment or the pricing arrangements required by applicable state law.

  • Also, there are certain protections and rights such as the zero liability protections in the section Member Liability, applicable only to VISA processed transactions.

  • Refer to the separate “Schedule of Fees and Charges” for current fees Member Liability.

  • Plan Member Liability When Payment is Made by PERS SelectWhen covered services have been rendered by a Preferred Provider or Participating Pharmacy and payment has been made by PERS Select, the Plan Member is responsible only for any applicable Deductible and/or Copayment/Coinsurance.

  • Refer to the separate “Rate Addendum and Schedule of Fees and Charges” for current fees Member Liability.


More Definitions of Member Liability

Member Liability. If a MasterCard cardholder does not report the unauthorized use promptly, the cardholder could have up to $500 liability if the loss is not reported within two days of discovery or unlimited liability of the unauthorized transaction if not reported within 60 days of when the unauthorized transaction was reported on a periodic statement.
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Related to Member Liability

  • Other Liabilities means any and all liabilities of any type whatsoever (including, but not limited to, judgments, fines, penalties, ERISA (or other benefit plan related) excise taxes or penalties, and amounts paid in settlement and all interest, taxes, assessments and other charges paid or payable in connection with or in respect of any such judgments, fines, ERISA (or other benefit plan related) excise taxes or penalties, or amounts paid in settlement).

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • Indemnity Obligations means all obligations of the Company to Indemnitee under this Agreement, including the Company’s obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.

  • Indemnification Claim has the meaning set forth in Section 12.3.

  • Asserted Liability has the meaning set forth in Section 9.4(a).

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • Indemnifiable Liabilities and "Indemnifiable Amounts" shall have the meanings ascribed to those terms in Section 3(a) below.

  • Company Indemnitee has the meaning set forth in Section 7.2(b).

  • Expenses and Liabilities has the meaning assigned to such term in ‎Section 5.4(a).

  • Indemnification Expenses shall have the meaning set forth in Section 6.11(a).

  • Indemnification Obligation means any existing or future obligation of any Debtor to indemnify current and former directors, officers, members, managers, agents or employees of any of the Debtors who served in such capacity, with respect to or based upon such service or any act or omission taken or not taken in any of such capacities, or for or on behalf of any Debtor, whether pursuant to agreement, the Debtors’ respective memoranda, articles or certificates of incorporation or formation, corporate charters, bylaws, operating agreements, limited liability company agreements, or similar corporate or organizational documents or other applicable contract or law in effect as of the Effective Date, excluding any obligation to indemnify any of the foregoing parties with respect to any act or omission for or on behalf of the Debtors arising out of any act or omission determined by a Final Order to constitute actual fraud, willful misconduct, or gross negligence.

  • Company Indemnitees shall have the meaning set forth in Section 5.02.

  • Excluded Liability means any liability that is excluded under the Bail-In Legislation from the scope of any Bail-In Action including, without limitation, any liability excluded pursuant to Article 44 of the Bank Recovery and Resolution Directive.

  • Jointly Indemnifiable Claims shall be broadly construed and shall include, without limitation, any claim, demand, action, suit or proceeding for which the Covered Person shall be entitled to indemnification or advancement of Expenses from both (i) the Company and/or any Controlled Entity pursuant to the Indemnification Sources, on the one hand, and (ii) any Indemnitee-Related Entity pursuant to any other agreement between any Indemnitee-Related Entity and the Covered Person pursuant to which the Covered Person is indemnified, the laws of the jurisdiction of incorporation or organization of any Indemnitee-Related Entity and/or the certificate of incorporation, certificate of organization, bylaws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or other organizational or governing documents of any Indemnitee-Related Entity, on the other hand.

  • Indemnification Obligations means each of the Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents, board resolutions, management or indemnification agreements, or employment or other contracts, for their current and former directors, officers, managers, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors, as applicable.

  • Indemnity, Subrogation and Contribution Agreement means the Indemnity, Subrogation and Contribution Agreement among Xxxxx 0, the Borrower, the Subsidiary Loan Parties and the Collateral Agent, substantially in the form of Exhibit C-3.

  • Third Party Liability has the meaning ascribed thereto in Section 8.3.2;

  • Product Liability Claim means a Claim of a Third Party (other than a Claim arising out of use of the Product in a clinical trial) that (i) arises as a result of the use of the Product during the Term that results in personal injury or death or (ii) is in anticipation of or intended to prevent or forestall personal injury or death as a result of the use of the Product during the Term.

  • Jointly Indemnifiable Claim means any Claim for which the Indemnitee may be entitled to indemnification from both an Indemnitee-Related Entity and the Company pursuant to applicable law, any indemnification agreement or the certificate of incorporation, by-laws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or comparable organizational documents of the Company and an Indemnitee-Related Entity.

  • Excluded Hedge Liability or Liabilities means, with respect to each Loan Party, each of its Swap Obligations if, and only to the extent that, all or any portion of this Agreement or any other Loan Document that relates to such Swap Obligation is or becomes illegal under the CEA, or any rule, regulation or order of the CFTC, solely by virtue of such Loan Party’s failure to qualify as an Eligible Contract Participant on the Eligibility Date for such Swap. Notwithstanding anything to the contrary contained in the foregoing or in any other provision of this Agreement or any other Loan Document, the foregoing is subject to the following provisos: (a) if a Swap Obligation arises under a master agreement governing more than one Swap, this definition shall apply only to the portion of such Swap Obligation that is attributable to Swaps for which such guaranty or security interest is or becomes illegal under the CEA, or any rule, regulations or order of the CFTC, solely as a result of the failure by such Loan Party for any reason to qualify as an Eligible Contract Participant on the Eligibility Date for such Swap, (b) if a guarantee of a Swap Obligation would cause such obligation to be an Excluded Hedge Liability but the grant of a security interest would not cause such obligation to be an Excluded Hedge Liability, such Swap Obligation shall constitute an Excluded Hedge Liability for purposes of the guaranty but not for purposes of the grant of the security interest, and (c) if there is more than one Loan Party executing this Agreement or the other Loan Documents and a Swap Obligation would be an Excluded Hedge Liability with respect to one or more of such Persons, but not all of them, the definition of Excluded Hedge Liability or Liabilities with respect to each such Person shall only be deemed applicable to (i) the particular Swap Obligations that constitute Excluded Hedge Liabilities with respect to such Person, and (ii) the particular Person with respect to which such Swap Obligations constitute Excluded Hedge Liabilities.

  • Common expense liability means the liability for common

  • Buyer Indemnitee has the meaning set forth in Section 8.1(b).

  • UK Bail-in Liability means a liability in respect of which the UK Bail-in Powers may be exercised.

  • Seller Indemnitee has the meaning set forth in Section 9.2(b).

  • Environmental Costs and Liabilities means any and all losses, liabilities, obligations, damages, fines, penalties, judgments, actions, claims, costs and expenses (including, without limitation, fees, disbursements and expenses of legal counsel, experts, engineers and consultants and the costs of investigation and feasibility studies and remedial activities) arising from or under any Environmental Law or order or contract with any Governmental Authority or any other Person.

  • Indemnifiable Losses means any and all Losses relating to, arising out of or resulting from any Indemnifiable Claim.