Continuous Negative Balance Sample Clauses

Continuous Negative Balance. If the balance in your account is negative at the end of a business day and continues to be negative at the end of each business day for five (5) consecutive business days, then we will begin to assess a Continuous Negative Balance Charge to your account for each business day thereafter that your account continues to have a negative balance, up to a maximum of twenty (20) business days. The amount of the Continuous Negative Balance Charge is stated in our Schedule of Service Fees and Charges and is in addition to any service charge that we may assess for any item we return for insufficient funds or any overdraft. You can avoid the Continuous Negative Balance Charge by promptly depositing or transferring sufficient available funds to your account to pay the amount of the overdraft - plus any overdraft charges we have assessed - within the first five (5) consecutive business days from the time your account became over- drawn. The Continuous Negative Balance Charge will not be assessed if your negative account balance is within the tolerance threshold specified in our Schedule of Service Fees and Charges.
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Related to Continuous Negative Balance

  • Continuous Operation The work week shall provide for continuous operation based on a seven (7) day week, twenty-four (24) hours per day.

  • Calculation of Continuous Service 6.2.1 For the purposes of this Clause (annual leave) service will be deemed to be continuous notwithstanding: 6.2.1.1 Any interruption or termination of the employment by the company if such interruption or termination has been made with the intention of avoiding obligations hereunder in respect of leave of absence;

  • Continuous Operations Any employee or group of employees engaged in an operation for which there is regularly scheduled employment on a twenty-four (24) hour a day, seven (7) day a week basis shall be known as continuous operations employees.

  • Restriction on Continuous Offerings Notwithstanding the restrictions contained in Section 3.18.1, the Company, on behalf of itself and any successor entity, agrees that, without the prior written consent of the Representative, it will not, for a period of 12 months after the date of this Agreement, directly or indirectly in any “at-the-market” or continuous equity transaction, offer to sell, sell, contract to sell, grant any option to sell or otherwise dispose of shares of capital stock of the Company or any securities convertible into or exercisable or exchangeable for shares of capital stock of the Company.

  • Period of Continuous Service Period of Notice Not more than 1 year 1 week More than 1 year but not more than 3 years 2 weeks More than 3 years but not more than 5 years 3 weeks More than 5 years 4 weeks