Common use of Lien and Security Interest Clause in Contracts

Lien and Security Interest. You understand and agree that if you owe us money we may have a lien on your account as permitted by applicable law and you grant us a consensual security interest in any and all funds in all accounts that you are an owner, in any capacity, no matter what the source of funds in the account. At our discretion, we may exercise our right of set off and apply the funds from any account you are an owner, in any capacity, to pay off your obligations to us. Once you are in default, we may exercise this right without further notice to you.

Appears in 6 contracts

Sources: Atm Card or Visa Debit Card Agreement, Atm Card or Visa Debit Card Agreement, Atm Card Agreement

Lien and Security Interest. You understand and agree that if you owe us money money, we may have a lien on your account account(s) as permitted by applicable law and you grant us a consensual security interest in any and all funds in all accounts that you are an owner, in any capacity, no matter what the source of funds in the account. At our discretion, we may exercise our right of set off and apply the funds from any account you are an owner, in any capacity, to pay off your obligations to us. Once you are in default, we may exercise this right without further notice to you.

Appears in 4 contracts

Sources: Atm Card and Visa Debit Card Agreement, Atm Card or Visa Debit Card Agreement, Atm Card or Visa® Debit Card Agreement

Lien and Security Interest. You understand and agree that if you owe us money money, we may have a lien on your account account(s) as permitted by applicable law and you grant us a consensual security interest in any and all funds in all accounts that you are an owner, in any capacity, capacity no matter what the source of funds in the account. At our discretion, we may exercise our right of set off and apply the funds from any account you are an owner, in any capacity, to pay off your obligations to us. Once you are in default, we may exercise this right without further notice to you.

Appears in 3 contracts

Sources: Visa Health Savings Debit Card Agreement, Visa Health Savings Debit Card Agreement, Visa Health Savings Debit Card Agreement

Lien and Security Interest. You understand and agree that if you owe us money money, we may have a lien on your account as permitted by applicable law and you grant us a consensual security interest in any and all funds in all accounts that you are an owner, in any capacity, no matter what the source of funds in the account. At our discretion, we may exercise our right of set off and apply the funds from any account you are an owner, in any capacity, to pay off your obligations to us. Once you are in default, we may exercise this right without further notice to you.

Appears in 1 contract

Sources: Electronic Services Policy

Lien and Security Interest. You understand and agree that if you owe us money we may have a lien on your account as permitted by applicable law and you grant us a consensual security interest in any and all funds in all accounts that you are an owner, in any capacity, no matter what the source of funds in the account. At our discretion, we may exercise our right of set off and apply the funds from any account you are an owner, in any capacity, to pay off your obligations to us. Once you are in default, we may exercise this right without further notice to youtoyou.

Appears in 1 contract

Sources: Electronic Services Disclosure, Policy and Agreement

Lien and Security Interest. You understand and agree that if you owe us money we may have a lien on your account as permitted by applicable law and you grant us a consensual security interest in any and all funds in all accounts that you are an owner, in any capacity, capacity no matter what the source of funds in the account. At our discretion, we may exercise our right of set off and apply the funds from any account you are an owner, in any capacity, to pay off your obligations to us. Once you are in default, we may exercise this right without further notice to you.

Appears in 1 contract

Sources: Visa Health Savings Debit Card Agreement