Common use of Use and Purpose Clause in Contracts

Use and Purpose. For security reasons, AIS may limit the amount or number of EFTs in My Account. If AIS suspects that I have used any EFT to conduct an illegal transaction, AIS reserves the right to terminate My ability to conduct future EFTs. AIS reserves the right to decline any EFT request at any time, even if there is sufficient spending power available in My Account to settle the transaction, if, in its sole discretion, it believes that a transaction is for an improper purpose, is fraudulent, or is otherwise not within the terms of the service as set forth in this Agreement. AIS will not be liable for any incidental or consequential damages incurred by Me or any other person as a result of declining any EFT request.

Appears in 2 contracts

Sources: Customer Agreement, Customer Agreement