Common use of Eligibility for a Clause in Contracts

Eligibility for a. Card and/or PIN a. Unless otherwise provided in this Agreement, only an Authorized Signer on a Credit Union business deposit Account is eligible for Card and/or PIN, which that Authorized Signer may use to access that Account. Issuance of a Card and/or PIN is subject to such additional requirements as the Credit Union may from time to time establish with respect to that Card or PIN. b. I may use my Business Debit Card to pay for transactions at places displaying the VISA logo. Funds to pay for transactions originated by use of my Business Debit Card are charged to the Business Checking Account I designate and maintain with you. My Business Debit Card may also be used to pay for transactions at participating merchants displaying the VISA logo and transactions including but not limited to cash withdrawals at ATMs, balance inquiries, and funds transfers between linked accounts. c. I may use my Business Card to perform transactions at your proprietary ATMs and at Shared Network ATMs. I may also use my Business Card to pay for transactions at participating merchants displaying the VISA logo. d. Transaction amounts conducted using my Card are limited to the available balance (i.e., the balance on which no holds are placed) in my designated Business Checking Account and my available overdraft protection, if any, and are subject to further limitations as set forth below. Total daily Card transaction and amount limits also apply. e. I am required to select a PIN before I can conduct any transactions using my Card. Each person to whom a Card is issued on behalf of the business can select his or her own PIN at any of your branches. I agree to memorize my PIN and will not write it on the Card. After memorizing it, I should destroy the PIN notation. Then I can be assured that no one other than me will use the Card. If I forget the PIN, I may come to one of your branch locations and select a new PIN, provided I present adequate identification.

Appears in 2 contracts

Sources: Business Account Agreement, Business Account Agreement

Eligibility for a. Card and/or PIN a. Unless otherwise provided in this Agreement, only an Authorized Signer on a Credit Union business deposit Business Deposit Account is eligible for Card and/or PIN, which that Authorized Signer may use to access that Account. Issuance of a Card and/or PIN is subject to such additional requirements as the Credit Union may from time to time establish with respect to that Card or PIN. b. I may use my Business VISA Debit Card as a debit card to pay for transactions at places displaying the VISA Visa® logo. Funds to pay for transactions originated by use of my Business Visa Debit Card as a debit card are charged to the Business Checking Account I designate and maintain with you. My Business Visa Debit Card may also be used to pay for transactions at participating merchants displaying the VISA logo and transactions including but not limited to cash withdrawals at ATMs, balance inquiries, and funds transfers between linked accountsVisa® logo. c. I may use my Business Visa Debit Card to perform transactions at your proprietary ATMs and at Shared Network ATMs. I may also use my Business Visa Debit Card to pay for transactions at participating merchants displaying the VISA Visa® logo. d. Transaction amounts conducted using my Card are limited to the available balance (i.e., the balance on which no holds are placed) in my designated Business Checking Account and my available overdraft protection, if any, and are subject to further limitations as set forth below. Total daily Card transaction and amount limits also apply. e. I am required to select a PIN before I can conduct any transactions using my Card. Each person to whom a Card is issued on behalf of the business can select his or her own PIN at any of your branches. I agree to memorize my PIN and will not write it on the Card. After memorizing it, I should destroy the PIN notation. Then I can be assured that no one other than me will use the Card. If I forget the PIN, I may come to one of your branch locations Member Service Centers and select a new PIN, provided I present adequate identification.

Appears in 2 contracts

Sources: Business Account Agreement, Business Account Agreement