Debiting or Freezing Your Account Clause Samples

Debiting or Freezing Your Account. We may debit or place a hold on funds in your account for your checks or other charges: • If the check or other charge is difficult to process because it is a photocopy; because the endorsement or the information encoded on the check is obscured, missing or inconsistent; or it is otherwise defective. • On the day we receive the checks or they are presented or returned to us, whether by physical delivery or electronically. • At an earlier time or later time if we are informed by any method that a check you deposited is being returned unpaid (e.g., before we actually receive the returned check). • At an earlier time or later time if we receive an electronic or other notice that a check or other charge has been deposited for collection (or return) in another financial institution, or if a business notifies us that it is processing an electronic transaction against your account (e.g., a point-of-sale purchase using an ATM card or a debit card). If we suspect that irregular, unauthorized or unlawful activities may be occurring in connection with your account, we may, but are not required to, place a hold on the balance in your account (and in other accounts you maintain with us) pending an investigation of such suspected activities. If we do this, we will give any notice as required by law. We may also freeze or debit your account pursuant to a valid court order. Whenever we debit or place a hold on your account, the resulting balance in your account is a balance we may use in making decisions to dishonor or return checks or other charges. Once we have calculated your balance, we are not obligated to but may at any time recalculate it for the purpose of making such decisions.
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Debiting or Freezing Your Account. We may debit or place a hold on funds in your account for your checks or other charges:
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Related to Debiting or Freezing Your Account

  • Your Account If you use this site, you are responsible for maintaining the confidentiality of your account and password and for restricting access to your computer, and you agree to accept responsibility for all activities that occur under your account or password. You may not assign or otherwise transfer your account to any other person or entity. You acknowledge that ▇▇▇▇▇▇▇▇▇▇▇▇ is not responsible for third party access to your account that results from theft or misappropriation of your account. MyEdgeHockey and its associates reserve the right to refuse or cancel service, terminate accounts, or remove or edit content in our sole discretion. MyEdgeHockey does not knowingly collect, either online or offline, personal information from persons under the age of thirteen. If you are under 18, you may use ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ only with permission of a parent or guardian. ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ may contain links to other websites (“Linked Sites”). The Linked Sites are not under the control of MyEdgeHockey and MyEdgeHockey is not responsible for the contents of any Linked Site, including without limitation any link contained in a Linked Site, or any changes or updates to a Linked Site. MyEdgeHockey is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement by MyEdgeHockey of the site or any association with its operators. Certain services made available via ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ are delivered by third party sites and organizations. By using any product, service or functionality originating from the ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ domain, you hereby acknowledge and consent that MyEdgeHockey may share such information and data with any third party with whom MyEdgeHockey has a contractual relationship to provide the requested product, service or functionality on behalf of ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ users and customers.

  • USING YOUR ACCOUNT If you are approved for an account, the Credit Union will establish a line of credit for you. You agree that your credit limit is the maximum amount (purchases, cash advances, finance charges, plus "other charges") which you will have outstanding on your account at any time. Unless disclosed otherwise, the Credit Union will not allow advances over the credit limit. If the Credit Union has a program whereby it allows payment of advances that exceed your credit limit, subject to a fee, the Credit Union will provide you with notice, either orally, in writing, or electronically (notwithstanding the requirements of the paragraph entitled “Statements and Notices”) explaining your right to opt in to the Credit Union’s program whereby it will honor advance requests over the credit limit. In the event you opt in to such a program, you agree to the terms of such a program. You may request an increase in your credit limit only by a method acceptable to the Credit Union. The Credit Union may increase or decrease your credit limit, refuse to make an advance and/or terminate your account at any time for any reason not prohibited by law. If you are permitted to obtain cash advances on your account, we may, from time to time, issue convenience checks to you that may be drawn on your account. Convenience checks may not be used to make a payment on your account balance. If you use a convenience check, it will be posted to your account as a cash advance. We reserve the right to refuse to pay a convenience check drawn on your account for any reason and such refusal shall not constitute wrongful dishonor.

  • CHANGING OR TERMINATING YOUR ACCOUNT As permitted by law, the Credit Union may change the terms of this Agreement and any attached Disclosure from time to time. Notice of any change will be given in accordance with applicable law. If permitted by law and specified in the notice to you, the change will apply to your existing account balance as well as to future transactions.

  • Closing Your Account Unless an agreement relating to a particular product or service says otherwise, you can close your Account at any time provided that you first settle any debit balance owing.

  • Income Account The Trustee shall collect the dividends and other cash distributions on the Securities in each Trust which would be treated as dividend (other than capital gain dividends) or interest income under the Internal Revenue Code as such become payable (including all monies which would be so treated representing penalties for the failure to make timely payments on the Securities, or as liquidated damages for default or breach of any condition or term of the Securities or of the underlying instrument relating to any Securities and other income attributable to a Failed Contract Obligation for which no Replacement Security has been obtained pursuant to Section 3.12 hereof) and credit such income to a separate account for each Trust to be known as the "Income Account." Any non-cash distributions received by a Trust shall be sold to the extent they would be treated as dividend or interest income under the Internal Revenue Code and the proceeds shall be credited to the Income Account. Except as provided in the preceding sentence, non-cash distributions received by a Trust (other than a non-taxable distribution of the shares of the distributing corporation which shall be retained by a Trust) shall be dealt with in the manner described in Section 3.11, herein, and shall be retained or disposed of by such Trust according to those provisions and the proceeds thereof shall be credited to the Capital (Principal) Account. Neither the Trustee nor the Depositor shall be liable or responsible in any way for depreciation or loss incurred by reason of any such sale. All other distributions received by a Trust shall be credited to the Capital (Principal) Account."