Common use of Liability for Authorized Use Clause in Contracts

Liability for Authorized Use. If you withdraw, inadvertently or otherwise, cash from your Deposit Account in excess of such account, you become liable to us in the amount of the excess. You will use the Card(s) in accordance with the information provided with your Card(s) and will be responsible for authorized use of the Card(s). The Card(s) is intended for business use only. Your use or use by anyone with authority implied or apparent, or for your benefit constitutes an authorized use. When you receive your new Card(s), sign your name in ink on the signature panel. The use of your Personal Identification Number (PIN) together with your Card(s) and signature is intended to prevent your Card(s) from being improperly used and constitutes a security procedure. The use of the Card(s) at a point of sale terminal constitutes a security procedure. In order to protect this security, do not write your PIN on your Card(s) or keep your PIN close to your Card(s). You should not tell your PIN to anyone.