Excess Transactions Clause Samples

Excess Transactions. In accordance with federal law, if you have more than the allowable preauthorized transfers or preauthorized checks or drafts (for money market accounts) in any one period, your Account may be subject to closure by us and the funds placed in another account that you are eligible to maintain, or we may take away the transfer and draft capabilities of the account. In addition to the above preauthorized transfers, you may make unlimited withdrawals (payments directly to you or transfers of funds from your Account to any of your other deposit accounts or loan accounts with us), either in person at our locations, by mail, messenger, telephone (via check mailed to you), or use of an ATM card (if applicable).
View SourceView Similar (27)
Excess Transactions. If you have more than the allowable pre-authorized transfers or pre-authorized checks or drafts (for money market accounts) in any one period, your account will be subject to fees and/or closure by us. In addition to the above described pre-authorized transfers, you may make unlimited withdrawals, either in person at our locations, by mail, or at an ATM. TIME DEPOSITS
View SourceView Similar (3)
Excess Transactions. In accordance with federal law, if you have more than the allowable preauthorized transfers or preauthorized checks or drafts in any one period, your Account may be subject to closure by us and the funds placed in another Account that you are eligible to maintain, or we may take away the transfer and draft capabilities of the Account. In addition to the above preauthorized transfers, you may make “unlimited withdrawals” (defined for purposes of this subsection as payments directly to you or to your loan Accounts with us), either in person at our locations, by mail, messenger, or use of an ATM card, if applicable. You agree to pay any withdrawal and other fees that we may charge in conjunction with such “unlimited withdrawals,” as set forth in our Truth in Savings disclosure. Telephone-initiated withdrawals will only be deemed to fall within the “unlimited withdrawal” category if such withdrawals result in a withdrawal by check payable to an Account Holder. All withdrawals initiated via Frost Online Banking Services are never deemed to be included in the “unlimited withdrawal” category, but are subject to the limitations set forth in subsection (1) above.
View SourceView Similar (2)
Excess Transactions. If you have more than the allowable preauthorized transfers or preauthorized checks or drafts (for a money market deposit account) in any one period, your Account, at our discretion, may be (1) subject to closure by us with any remaining funds sent to you by check, (2) placed in another account that you are eligible to maintain, (3) we may take away the transfer and draft capabilities of the account or (4) we may charge you excessive transaction fees.
View SourceView Similar (2)
Excess Transactions. In accordance with federal law, if you have more than the allowable preauthorized transfers or preauthorized checks or drafts (for money market accounts) in any one period, your Account may be subject to closure by Bank and the funds placed in another account that you are eligible to maintain, or we may take away the transfer and draft capabilities of the account. In addition to the above preauthorized transfers, you may make unlimited withdrawals (payments directly to you or transfers of funds from your Account to any of your other deposit accounts or loan accounts with Bank), either by mail or telephone (via check mailed to you).
View SourceView Similar (2)
Excess Transactions. It is prohibited to every broker-dealer house or broker that handles an investment account in a discretional manner, or that is in a position to determine the volume and frequency of the securities transactions that are done in an investment account as per the tendency of the client to follow the suggestions of the said broker-dealer house or of the said broker, to carry out transactions that, either in volume or in frequency, are excessive considering the magnitude and the nature of the said investment account, the client’s investment needs and objectives and the pattern of transactions of the investment account, on the basis of the commissions obtained by the broker-dealer house or the broker.
View Source
Excess Transactions. If you have more than the allowable pre- authorized transfers or pre-authorized checks or drafts (for money market accounts) in any one period, your Account will be subject to closure by us and the funds placed in another account that you are eligible to maintain, or we may take away the transfer and draft capabilities of the Account. In addition to the above pre-authorized transfers, you may make unlimited withdrawals (payments directly to you or transfers of funds from your Account to any of your other deposit accounts or loan accounts with us), either in person at our locations, by mail, or use of an ATM card (if applicable).
View Source
Excess Transactions. It is prohibited to every broker-dealer house or broker that handles an investment account in a discretional manner, or that is in a position to determine the volume and frequency of the securities transactions that are done in an investment account as per the tendency of the client to follow the suggestions of the said broker-dealer house or of the said broker, to carry out transactions that, either in volume or in frequency, are excessive considering the magnitude and the nature of the said investment account, the client’s investment needs and objectives and the pattern of transactions of the investment account, on the basis of the commissions obtained by the broker-dealer house or the broker.
View Source

Related to Excess Transactions

  • Agency Cross Transactions From time to time, the Advisor or brokers or dealers affiliated with it may find themselves in a position to buy for certain of their brokerage clients (each an "Account") securities which the Advisor's investment advisory clients wish to sell, and to sell for certain of their brokerage clients securities which advisory clients wish to buy. Where one of the parties is an advisory client, the Advisor or the affiliated broker or dealer cannot participate in this type of transaction (known as a cross transaction) on behalf of an advisory client and retain commissions from one or both parties to the transaction without the advisory client's consent. This is because in a situation where the Advisor is making the investment decision (as opposed to a brokerage client who makes his own investment decisions), and the Advisor or an affiliate is receiving commissions from both sides of the transaction, there is a potential conflicting division of loyalties and responsibilities on the Advisor's part regarding the advisory client. The Securities and Exchange Commission has adopted a rule under the Investment Advisers Act of 1940, as amended, which permits the Advisor or its affiliates to participate on behalf of an Account in agency cross transactions if the advisory client has given written consent in advance. By execution of this Agreement, the Trust authorizes the Advisor or its affiliates to participate in agency cross transactions involving an Account. The Trust may revoke its consent at any time by written notice to the Advisor.

  • Acquisition Transactions The Company shall provide the holder of this Warrant with at least twenty (20) days’ written notice prior to closing thereof of the terms and conditions of any of the following transactions (to the extent the Company has notice thereof): (i) the sale, lease, exchange, conveyance or other disposition of all or substantially all of the Company’s property or business, or (ii) its merger into or consolidation with any other corporation (other than a wholly-owned subsidiary of the Company), or any transaction (including a merger or other reorganization) or series of related transactions, in which more than 50% of the voting power of the Company is disposed of.

  • Reportable Transactions Neither Company nor any of its Subsidiaries has been a party to, or a material advisor with respect to, a “reportable transaction” within the meaning of Section 6707A(c)(1) of the Code and Treasury Regulations Section 1.6011-4(b).

  • Interested Transactions An Indemnitee shall not be denied indemnification in whole or in part under this Section 7.7 because the Indemnitee had an interest in the transaction with respect to which the indemnification applies if the transaction was otherwise permitted by the terms of this Agreement.

  • Raising of the Capital in Connection with the Initial Business Combination If (x) the Company issues additional Ordinary Shares or equity-linked securities for capital raising purposes in connection with the closing of its initial Business Combination at an issue price or effective issue price of less than $9.20 per Ordinary Share (with such issue price or effective issue price to be determined in good faith by the Board and, in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Class B ordinary shares, par value $0.0001 per share, of the Company held by the Sponsor or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the Company’s initial Business Combination on the date of the completion of the Company’s initial Business Combination (net of redemptions), and (z) the volume-weighted average trading price of Ordinary Shares during the twenty (20) trading day period starting on the trading day prior to the day on which the Company consummates its initial Business Combination (such price, the “Market Value”) is below $9.20 per share, the Warrant Price shall be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price, the $18.00 per share redemption trigger price described in Section 6.1 and Section 6.2 shall be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price and the $10.00 per share redemption trigger price described in Section 6.2 shall be adjusted (to the nearest cent) to be equal to the higher of the Market Value and the Newly Issued Price.