Common use of Debt settlement methods Clause in Contracts

Debt settlement methods. You agree that Company may settle any outstanding balances owed to it by using amounts from the balance you maintain in your Account. Company will try to settle any amounts due to it by a Client in Euro. In the rare event that the Client will owe Company an amount and will not have a balance in the Euro account, Company may use a variety of methods to settle the balance. You agree that such potential methods may include: (a) Deduction from e-money received into your accounts; (b) Deduction from the amount requested for withdrawal.

Appears in 2 contracts

Sources: General Client Agreement, General Client Agreement