Account Balance Limit Sample Clauses

The Account Balance Limit clause sets a maximum threshold for the amount of funds that can be held in a specified account. In practice, this means that if the account balance reaches or exceeds the stated limit, certain actions may be triggered, such as suspending further deposits, notifying the account holder, or automatically transferring excess funds to another account. This clause helps manage financial risk and ensures compliance with regulatory or contractual requirements by preventing excessive accumulation of funds in a single account.
Account Balance Limit. You will not be permitted to maintain more than the Account Balance Limit in your Account for longer than 72 hours. If you exceed the Account Balance Limit for longer than 72 hours, BCLC will initiate an Account withdrawal on your behalf. BCLC may, from time to time, change the amount of the Account Balance Limit.
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Account Balance Limit. On Registration, you will be required to set your Account Balance Limit and gambling time limits subject to maximums in each case.
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Account Balance Limit. You will not be permitted to maintain more than the Account Balance Limit in your Account for longer than 72 hours. If you exceed this time period MBLL may initiate an Account withdrawal on your behalf. MBLL may, from time to time, change the amount of the Account Balance Limit.
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Account Balance Limit. No additional contributions may be made for the benefit of an Account Owner when the fair market value of the account exceeds $400,000. If, however, the market value of such accounts falls below the Account Balance Limit, additional contributions will be accepted.
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Account Balance Limit. You will not be permitted to maintain more than the Account Balance Limit in your Account for longer than 72 hours. If you exceed this time period SIGA and/or Authorized Suppliers may initiate an Account withdrawal on your behalf. SIGA and/or Authorized Suppliers may, from time to time, change the amount of the Account Balance Limit.
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Related to Account Balance Limit

  • Account Balance The Servicer must never allow any Custodial T&I Account to become overdrawn as to any individual related Borrower. If there are insufficient funds in the account, the Servicer must advance its own funds to cure the overdraft.

  • Account Balances Balances shown in your accounts may include deposits subject to verification by us. The balance reflected in the Service may differ from your records due to deposits in progress, checks outstanding, or other withdrawals, payments or charges. A transfer request may not result in immediate availability because of the time required to process the request. A transfer request must be made before the Business Day Cut-off time to be effective the same Business Day. The balances within the Service are updated periodically and the Service will display the most current "as of" date on the "accounts" summary page. There may be situations that cause a delay in an update of your balances. The Service will use the most current balance available at the time of a transaction to base our approval for account transfers.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

  • Deferral Account Crediting. The Company shall establish a Deferral Account on its books for the Director, and shall credit to the Deferral Account the following amounts:

  • Credit Balances No interest or other amount will be paid by us on any credit balance on the Unallocated Account.