Common use of Account Suspension and Termination Clause in Contracts

Account Suspension and Termination. 15.1. We have the right to act according to our own judgment and decide to end your relationship with us immediately or to suspend your relationship with us pending termination. We may do this for a number of reasons including if (i) we reasonably consider that there is illegal or fraudulent activity on or connected to your Financial Product or accounts with us; (ii) we consider your relationship with us to be undesirable; (iii) we believe that your behaviour was inappropriate or constitutes misconduct; (iv) by continuing the relationship, we may be exposed to action from or prosecution by any government, regulator or other authority or may break a regulatory or legal requirement; (v) you fail to comply with any requests from us to update your contact details or to provide required documentation; and/or (v) for any other reason. Whether we suspend or terminate our relationship with you will be determined in our sole discretion in accordance with our internal rules and policies. 15.2. Should we exercise our discretion to suspend our relationship with you pending termination we will provide written notice of such suspension, which may take effect immediately. Such letter will advise you of the effects of suspension and indicate to you the time period in which we can maintain your account in a suspended state prior to termination. This period will be determined in accordance with our internal rules and policies. In instances where we may elect to terminate our relationship with you, whether immediately or pursuant to a managed termination process, we will provide reasonably notice prior to such termination or the commencement of a managed termination process. 15.3. If you have not used our services for more than a 90 day period we reserve the right to notify you of our intention to, within a reasonable period, terminate our relationship with you either immediately or through a managed termination process.

Account Suspension and Termination. 15.113.1. We have the right to act according to our own judgment and decide to end your relationship with us immediately or to suspend your relationship with us pending termination. We may do this for a number of reasons including if (i) we reasonably consider that there is illegal or fraudulent activity on or connected to your Financial Product or accounts with us; (ii) we consider your relationship with us to be undesirable; (iii) we believe that your behaviour was inappropriate or constitutes misconduct; (iv) by continuing the relationship, we may be exposed to action from or prosecution by any government, regulator or other authority or may break a regulatory or legal requirement; (v) you fail to comply with any requests from us to update your contact details or to provide required documentation; and/or (v) for any other reason. Whether we suspend or terminate our relationship with you will be determined in our sole discretion in accordance with our internal rules and policies. 15.213.2. Should we exercise our discretion to suspend our relationship with you pending termination we will provide written notice of such suspension, which may take effect immediately. Such letter will advise you of the effects of suspension and indicate to you the time period in which we can maintain your account in a suspended state prior to termination. This period will be determined in accordance with our internal rules and policies. In instances where we may elect to terminate our relationship with you, whether immediately or pursuant to a managed termination process, we will provide reasonably notice prior to such termination or the commencement of a managed termination process. 15.313.3. If you have not used our services for more than a 90 day period we reserve the right to notify you of our intention to, within a reasonable period, terminate our relationship with you either immediately or through a managed termination process.