Account Limitation Clause Samples

The Account Limitation clause defines restrictions or conditions placed on a user's access to or use of an account within a service or platform. Typically, this clause outlines scenarios where the provider may limit features, suspend activity, or cap usage, such as in cases of suspected fraud, violation of terms, or excessive resource consumption. By establishing clear boundaries and consequences, the clause helps protect the service provider from misuse and ensures fair and secure use of the account by all parties.
Account Limitation. The Company permits each Client to open up to 5 accounts, to accommodate for the below possible scenarios of the Client: To Segregate different trading strategies. To use/benefit from different account types offered by the Co. To maintain accounts in different base currencies. Should a Client wish to have more than 5 accounts with the Company, the Company may consider on ad hoc basis to allow for this, provided a valid and clear reason as to why more accounts are needed, is provided by the Client.
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Account Limitation. The Micro Service Plan is available if the Company has a maximum of three (3) accounts open with the Bank. In the event that a Company which is enrolled in the Micro plan has four (4) or more accounts open with the Bank, they will automatically be converted to the Standard Service Plan and be subject to any corresponding fees.
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Account Limitation. The Micro Service Plan is available if the Company has a maximum of three
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Account Limitation. Each client may only have one unique account open with the Company at any time.
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Related to Account Limitation

  • Account Limitations Limitations are implemented to help protect PayPal, buyers and sellers when we notice restricted activities, an increased financial risk, or activity that appears to us as unusual or suspicious. Limitations also help us collect information necessary for keeping your PayPal account open. There are several reasons why your PayPal account could be limited, including: • If we suspect someone could be using your PayPal account without your knowledge, we’ll limit it for your protection and look into the fraudulent activity. • If your debit or credit card issuer alerts us that someone has used your card without your permission. Similarly, if your bank lets us know that there have been unauthorized transfers between your PayPal account and your bank account. • In order to comply with applicable law. • If we believe in our sole discretion that you have breached this agreement or violated the Acceptable Use Policy. • Seller performance indicating your PayPal account is high risk. Examples include: indications of poor selling performance because you’ve received an unusually high number of claims and chargebacks, selling an entirely new or high-cost product type, or if your typical sales volume increases rapidly. Unless a permanent limitation is placed on your account, you will need to resolve any issues with your account before a limitation can be removed. Normally, this is done after you provide us with the information we request. However, if we reasonably believe a risk still exists after you have provided us that information, we may take action to protect PayPal, our users, a third party, or you from reversals, fees, fines, penalties, legal and/or regulatory risks and any other liability.

  • Investment Limitation The Company shall not invest, or otherwise use the proceeds received by the Company from its sale of the Shares in such a manner as would require the Company or any of its subsidiaries to register as an investment company under the Investment Company Act.

  • Amount Limitations Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a Loan, no Issuing Bank shall be required to issue a Letter of Credit and no reduction of the Revolving Commitments pursuant to Section 2.13. shall take effect, if immediately after the making of such Loan, the issuance of such Letter of Credit or such reduction in the Revolving Commitments the aggregate principal amount of all outstanding Revolving Loans and Swingline Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Revolving Commitments at such time.

  • Payment Limitations 7.10.1 When the Project involves federal funds or any funds other than those authorized by the Mississippi Legislature, either by direct appropriation or by authority to issue general obligation bonds or revenue bonds of the State of Mississippi for expenditures to be made by or under the direction of the Owner, it is mutually agreed that the amount of the Professional's fee based on such funds shall in no event become due until such federal funds or other funds have been actually paid into the State Treasury.

  • Investment Limitations If the Custodian has otherwise complied with the terms and conditions of this Agreement in performing its duties generally, and more particularly in connection with the purchase, sale or exchange of securities made by or for a Portfolio, the Custodian shall not be liable to the applicable Fund and such Fund agrees to indemnify the Custodian and its nominees, for any loss, damage or expense suffered or incurred by the Custodian and its nominees arising out of any violation of any investment or other limitation to which such Fund is subject.