Common use of Inactive or Dormant Accounts Clause in Contracts

Inactive or Dormant Accounts. If your account falls below any applicable minimum balance or you have not made any Transactions within the period of time specified in the Schedule, we may classify your account(s) as inactive. A member is generally only considered dormant when an applicable State law requires such classification (i. e. , dormant or abandoned). Although having no obligation to do so, we reserve the right to not classify a particular account as either inactive or dormant if any owner thereof has other active accounts or services with us. You may be charged fees as set forth in the Schedule for

Appears in 2 contracts

Sources: Membership Agreement, Membership Agreement

Inactive or Dormant Accounts. If your account falls below any applicable minimum balance or you have not made any Transactions within the period of time specified in the Schedule, we may classify your account(s) as inactive. A member is generally only considered dormant when an applicable State law requires such classification (i. e. , dormant or abandoned). Although having no obligation to do so, we reserve the right to not classify a particular account as either inactive or dormant if any owner thereof has other active accounts or services with us. You may be charged fees as set forth in the Schedule forSchedule

Appears in 1 contract

Sources: Membership Agreement

Inactive or Dormant Accounts. If your account falls below any applicable minimum balance or and/or you have not made any Transactions within the period of time specified in the Schedule, we may classify your account(s) as inactive. A member An account is generally only considered dormant when an applicable State law requires such classification (i. e. i.e., dormant or abandoned). Although having no obligation to do so, we reserve the right to not classify a particular account as either inactive or dormant if any owner thereof has other active accounts or services with us. You may be charged fees as set forth in the Schedule forwith

Appears in 1 contract

Sources: Membership Account Agreement