Common use of Account Balances Clause in Contracts

Account Balances. You agree to maintain a positive balance and not to incur overdrafts. If you manage your account in such a way that it results in a negative balance or becomes overdrawn, you agree to rectify the matter by transferring sufficient funds from your linked internal or external account to repay the overdrawn balance. Your failure to bring your account to a positive balance could result in the temporary or permanent suspension of your Account and services. Further consequences may be enacted if you do not remedy the situation in a timely manner and may include: (1) the reporting of your negative balance to a reporting agency; (2) legal action; and/or (3) charging you fees for the overdraft in accordance with our Schedule of Fees.

Appears in 6 contracts

Sources: Account Agreement, Account Agreement, Account Agreement

Account Balances. You agree to maintain a positive balance and not to incur overdrafts. If you manage your account Account in such a way that it results in a negative balance or becomes overdrawn, you agree to rectify the matter by transferring sufficient funds from your linked internal or external account to repay the overdrawn balance. Your failure to bring your account Account to a positive balance could result in the temporary or permanent suspension of your Account and servicesServices. Further consequences may be enacted taken if you do not remedy the situation in a timely manner and may include: (1) the reporting of your negative balance to a reporting agency; (2) legal action; and/or (3) charging you fees for the overdraft in accordance with our Schedule of Fees.

Appears in 2 contracts

Sources: Account Agreement, Account Agreement

Account Balances. You agree to maintain a positive balance and will not to incur overdrafts. If you manage your account Account in such a way that it results in a negative balance or becomes overdrawn, you agree to rectify the matter by transferring sufficient funds from your linked internal or external account Account to repay pay the overdrawn balance. Your failure to bring your account Account to a positive balance could result in the temporary or permanent suspension of your Account and services. Further consequences may be enacted if you do not remedy the situation in a timely manner and may include: include (1) freezing your Account until the negative balance is rectified, (2) reporting of your negative balance to a reporting agency; (2) legal action; , and/or (3) charging you fees for the overdraft in accordance with our Schedule of Feeslegal action.

Appears in 1 contract

Sources: User Agreement