In consideration of you, Virtual PayPal Terminal agreeing to honor my instructions, including funds transfer instructions
and act upon any instruction, communications and documents sent by telephone, e-mail issued according to my/our
mandate as I/We may from time to time advise you in writing via email.
I/We hereby confirm and declare that:
1. Virtual PayPal Terminal is authorized to accept and act upon any instructions,
communications and documents sent electronically by facsimile
(fax),telephone, e-mail and letters issued according to my/our
2. I/We hereby irrevocably undertake to indemnify Virtual PayPal Terminal and
hold it harmless from and against all cost (including without
limitation legal fees and expenses, claims, losses, liabilities,
damages and proceedings) whatsoever that the company may suffer
or incur or that may arise as a result of the company's accepting or
acting upon such instructions, communication or documents.
Furthermore, I/We hereby irrevocably release Virtual PayPal Terminal from all
liability in the event that any telephone , email, facsimile
transmission or letter is not received, or is mutilated, altered,
illegible or interrupted, duplicated, incomplete, unauthorized, or
delayed for any reason.
3. In the event that I/We suffer any loss as a result of your honoring
such instructions, communications, e-mail instruction, etc., I/ we
shall have no claim or redress against you, whatsoever.
4. I/We hereby agree to pay all fees and charges which the company may
impose from time to time in connection with these services in the
manner stipulated by the company.
5. I/We agree that you may at any time without notice to me/us, set
off or transfer any sum or sums standing to the credit of any one or
more of my /our accounts with you in or towards the satisfaction
of my/our liabilities to you arising out of your honoring the
instructions on my/our behalf.
6. I/We agree that if I/We fail to pay on demand any sum payable
hereunder, that interest shall accrue thereon from the date of
such demand until full liquidation at your Prime Lending Rate
ruling at the time of call/demand.
7. I/We agree that no delay or omission or granting of any
indulgence on your part in exercising any right power, privilege
or remedy in respect of this indemnity shall be construed as a
waiver thereof, nor shall any single or partial exercise of any
other right, power, privilege or remedy preclude any further
exercise of any right, power, privilege or remedy. The right
powers, privileges or remedies provided in this indemnity are
cumulative and not exclusive of any rights, powers, privileges or
remedies provided by law.
8. It is not my/our intention that the instruction referred to above
should be confirmed in writing by email or by telephone and I/we hereby
ratify and confirm all that you shall do on my/our behalf by
virtue of such instructions provided only that you acted in good
9. Virtual PayPal Terminal shall have absolute discretion, for any reason
whatsoever, to act or not to act upon documentation received by
facsimile, e-mail or letters or instructions received by telephone
and/or to request verification of documents and instructions
received by such means.
10. That all authorizations I/we have given and certified to the company
as now governing the operation of my/our account(s) with the
company are hereby confirmed to be in full force and effect, except
as the same may be supplemental or modified by the foregoing
part of this authorization.
11. That the company may continue to rely upon this authorization unless
and except to the extent that it is revoked or modified by
subsequent authorization from me/us and until a certified hard
copy of such subsequent authorization has been received by the
company in the branch where the account is domiciled, and a written
acknoweldgement of the revocation Sent to me/us.
By accessing or using Virtual PayPal Terminal, you agree to comply with the terms and conditions of this Electronics Mail Indemnity otherwise DO NOT REGISTER.
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