Account Inactivity Clause Samples
The Account Inactivity clause defines the rules and consequences that apply when a user's account remains unused for a specified period. Typically, this clause outlines what constitutes inactivity—such as not logging in or making transactions for a set number of months—and describes actions the service provider may take, like suspending, deactivating, or deleting the account, or even charging maintenance fees. Its core function is to manage dormant accounts efficiently, reduce security risks, and ensure resources are allocated to active users.
Account Inactivity. A Business Savings Account with a zero balance or no customer-initiated activity for nine (9) continuous months is considered inactive and is subject to closure. Customer initiated activity includes any deposits to or one-time transfers (“Online Transfers”) you make from the Business Savings Account. For additional details about closing the Business Savings Account, see the paragraph labeled “6.
Account Inactivity. SurveyMonkey may terminate your account and delete any Content contained in it if there is no account activity (such as a log in event or payment) for over 12 months. However, we will attempt to warn you by email before terminating your account to provide you with an opportunity to log in to your account so that it remains active.
Account Inactivity. 19.1 In case of absence of any trading activity on the Client’s Account within any six (6) month period, the Company reserves the right to charge a monthly fee of 50 units of the base currency of the account for account maintenance assuming that the Account has these available funds. If the Client account is funded with less than 50 units of the base currency and has been inactive for the said period, the Company reserves the right to charge a lower amount to cover administrative expenses and proceed with the closure of the account. In the event of account closure this Agreement will be suspended and/or the Account will be archived.
Account Inactivity. If there are no financial transactions, tolls or payments, made to your E-ZPass account for a period of eighteen months, you will be notified in writing and requested to close your E-ZPass account. Once account inactivity, as defined above, reaches twenty-four months, NHDOT will automatically close your E-ZPass account and refund your prepaid toll balance in accordance with the terms of this agreement. You will be requested to return your transponder(s) to the Customer Service Center for proper disposal.
Account Inactivity. Vantage may, but will not be obligated to, terminate this Agreement if Merchant fails to present any transaction for clearing and settlement in any calendar month.
Account Inactivity. A Varo Savings Account with a zero balance or no customer-initiated activity for nine continuous
Account Inactivity. If You do not use or re-load a Jet Fuel Bucks account for eighteen (18) consecutive calendar months, the Account will be considered inactive and You may be charged a monthly Inactivity Fee. If a Jet Fuel Bucks account is inactive and has zero value it will be closed.
Account Inactivity. If this is a checking account and has no customer-initiated activity or is dormant for 120 consecutive days and the balance is less than $100 OR has no customer-initiated activity for 365 days, regardless of balance, you agree that we may charge the Account Inactivity Fee. This fee will be assessed each month thereafter until the account is no longer inactive or until such time as the bank is required to remit these funds to the NYS Comptroller in accordance with the NYS Abandoned Property Law. If this is a savings account and has no customer-initiated activity or is dormant for 731 consecutive days, and it is not a time deposit or a Looney Tunes Account, you agree that we may charge the Account Inactivity Fee. This fee will be assessed each month until the account is no longer inactive or until such time as the bank is required to remit these funds to the NYS Comptroller in accordance with the NYS Abandoned Property Law. Waiver of Class, Collective and Representative Actions - ACCOUNT HOLDER AND BANK WAIVE THE RIGHT TO COMMENCE, BE A PARTY TO, JOIN IN OR BE AN ACTUAL OR PUTATIVE CLASS MEMBER OF ANY CLASS, COLLECTIVE OR REPRESENTATIVE ACTION OF ANY KIND IN
Account Inactivity. After a period of inactivity, LionDesk reserves the right to disable or terminate a user's account.
Account Inactivity. 1. The Customer has the right, unless otherwise agreed in the Customized Quotation, to pause its use of the Verifai Products and Services at any time by informing Verifai in writing or by no longer performing Checks with the Verifai Products and Services. In such event, the License Fee will not be due and payable as from the next monthly period.
2. The Customer can resume its use of the Verifai Products and Services at any time by informing Verifai in writing or by performing a Check within a maximum of thirteen (13) months in accordance with Article 10.4 of these General Terms and Conditions. In such event, the License Fee will be due and payable as from the date the Customer informed Verifai or the date of the Check, whichever occurs first.
3. An Account is deemed to be inactive when no Checks are performed for at least thirteen (13) months. In case of inactivity, Verifai has the right to withdraw the Paid License and terminate the Account. Verifai will never withdraw a Paid License and terminate an Account due to inactivity without first contacting the Customer several times, ultimately terminating the Account if Verifai has not received information from the Customer within thirty (30) days following the first correspondence relating to inactivity.