Fees for Overdraft Protection Transactions Sample Clauses

The "Fees for Overdraft Protection Transactions" clause defines the charges that will be applied when a customer uses overdraft protection services. Typically, this clause outlines the specific fees incurred each time the bank covers a transaction that exceeds the available account balance, such as when funds are automatically transferred from a linked savings account or line of credit to cover a shortfall. By clearly stating these fees, the clause ensures customers are aware of the costs associated with overdraft protection, helping them make informed decisions and preventing disputes over unexpected charges.
Fees for Overdraft Protection Transactions. We will impose an overdraft fee if we pay a Card purchase transaction that exceeds the Available Balance of your Account, except as described below and in certain limited circumstances as described elsewhere in this Agreement. The overdraft fee is in addition to any other fees that may apply to a Card purchase transaction or your Account, as disclosed in this Agreement. The amount and applicability of the overdraft fee is as follows: Overdraft Fee $15 For each transaction that is greater than $5 and overdraws your primary deposit account by more than $10, up to a maximum of ten overdraft fees per monthly statement period
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Fees for Overdraft Protection Transactions. We will impose an overdraft fee if we pay a Card purchase transaction that exceeds the Available Balance of your account, except as described below and in certain limited circumstances as described elsewhere in this agreement. The overdraft fee is in addition to any other fees that may apply to a Card purchase transaction or your account, as disclosed in this agreement. The amount and applicability of the overdraft fee is as follows: Overdraft Fee $15 For each transaction that is greater than $5 and overdraws your account by more than$10, up to a maximum of ten overdraft fees per monthly billing cycle
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Fees for Overdraft Protection Transactions. We will impose an overdraft fee if we pay a Card purchase transaction that exceeds the Available Balance of your account, except as described below and in certain limited circumstances as described elsewhere in this agreement. The overdraft fee is in addition to any other fees that may apply to a Card purchase transaction or your account, as disclosed in this agreement. The amount and applicability of the overdraft fee is as follows: Overdraft Fee $15 For each transaction that is greater than $5 and overdraws your account by more than$10, up to a maximum of ten overdraft fees per monthly billing cycle
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Related to Fees for Overdraft Protection Transactions

  • Formation Transactions The Formation Transactions shall have been or shall be consummated substantially concurrently in accordance with the timing set forth in the respective Formation Transaction Documentation.

  • Options and Futures Transactions (a) Puts and Calls Traded on Securities Exchanges, NASDAQ or Over-the-Counter. (i) The Bank shall take action as to put options ("puts") and call options ("calls") purchased or sold (written) by the Fund regarding escrow or other arrangements (i) in accordance with the provisions of any agreement entered into upon receipt of Proper Instructions among the Bank, any broker-dealer registered with the National Association of Securities Dealers, Inc. (the "NASD"), and, if necessary, the Fund, relating to the compliance with the rules of the Options Clearing Corporation and of any registered national securities exchange, or of any similar organization or organizations. (ii) Unless another agreement requires it to do so, the Bank shall be under no duty or obligation to see that the Fund has deposited or is maintaining adequate margin, if required, with any broker in connection with any option, nor shall the Bank be under duty or obligation to present such option to the broker for exercise unless it receives Proper Instructions from the Fund. The Bank shall have no responsibility for the legality of any put or call purchased or sold on behalf of the Fund, the propriety of any such purchase or sale, or the adequacy of any collateral delivered to a broker in connection with an option or deposited to or withdrawn from a Segregated Account (as defined in subsection 6.10 below). The Bank specifically, but not by way of limitation, shall not be under any duty or obligation to: (i) periodically check or notify the Fund that the amount of such collateral held by a broker or held in a Segregated Account is sufficient to protect such broker or the Fund against any loss; (ii) effect the return of any collateral delivered to a broker; or (iii) advise the Fund that any option it holds, has or is about to expire. Such duties or obligations shall be the sole responsibility of the Fund. (b) Puts, Calls and Futures Traded on Commodities Exchanges (i) The Bank shall take action as to puts, calls and futures contracts ("Futures") purchased or sold by the Fund in accordance with the provisions of any agreement entered into upon the receipt of Proper Instructions among the Fund, the Bank and a Futures Commission Merchant registered under the Commodity Exchange Act, relating to compliance with the rules of the Commodity Futures Trading Commission and/or any Contract Market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Fund. (ii) The responsibilities of the Bank as to futures, puts and calls traded on commodities exchanges, any Futures Commission Merchant account and the Segregated Account shall be limited as set forth in subparagraph (a)(ii) of this Section 6.9 as if such subparagraph referred to Futures Commission Merchants rather than brokers, and Futures and puts and calls thereon instead of options.

  • Foreign Transactions Visa. Purchases and cash withdrawals made in foreign currencies will be debited from your account in U.S. dollars. The exchange rate between the transaction currency and the billing currency used for processing international transactions is a rate selected by Visa from a range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives or the government-mandated rate in effect for the applicable central processing date. The exchange rate used on the processing date may differ from the rate that would have been used on the purchase date or cardholder statement posting date.

  • Processing Transactions 2 2.1 Timely Pricing and Orders.................................... 2 2.2

  • 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.