Common use of Account Provision Clause in Contracts

Account Provision. 5.1 The Member agrees that the Provider shall receive and make payments into and from their non-withdrawable SCUBA account whilst ever the account is in operation. 5.2 Cancellation of income payments or refusing to make available sufficient income in the account to cover the specified bill payments, without giving the required amount of notice constitutes a breach of the Terms & Conditions. 5.3 The Provider reserves the right to close the account and notify all Creditors affected should the Member breach the terms and conditions of the account. 5.4 The member must give 30 days’ notice of their intention to close the SCUBA account, in writing, to: Failure to give 30 days’ notice will incur a £30 administration charge to close the account and notify the Creditors, and could threaten their tenancy if this includes their housing provider.

Account Provision. 5.1 The Member agrees that the Provider shall receive and make payments into and from their non-withdrawable SCUBA SCUBAlite account whilst ever the account is in operation. 5.2 Cancellation of income payments or refusing to make available sufficient income in the account to cover the specified bill payments, without giving the required amount of notice constitutes a breach of the Terms & Conditions. 5.3 The Provider reserves the right to close the account and notify all Creditors affected should the Member breach the terms and conditions of the account. 5.4 The member must give 30 days’ notice of their intention to close the SCUBA SCUBAlite account, in writing, to: Failure to give 30 days’ notice will incur a £30 administration charge to close the account and notify the Creditors, and could threaten their tenancy if this includes their housing provider.