Common use of Advisory Against Illegal Use Clause in Contracts

Advisory Against Illegal Use. Any financial service we provide must not be used for any illegal purpose. You agree to indemnify and hold us harmless from any and all actions arising out of your illegal use of the financial services we offer. Any illegal use of our services will be a default in this agreement and may result in us pursuing any legal remedy. You agree that illegal use of the Card constitutes a default in our agreement and an attempt to hide the purpose of the use from our knowledge. You agree that we shall not be responsible for and that you will hold the Bank harmless from losses resulting from your intentional, negligent, or inadvertent disclosure of your PIN to any third party.

Appears in 2 contracts

Sources: Client Deposit & Services Agreement, Client Deposit & Services Agreement