Inactivity; Termination Clause Samples

The 'Inactivity; Termination' clause defines the conditions under which an agreement may be ended due to a lack of activity or engagement by one or more parties. Typically, this clause specifies a period of inactivity—such as no communication, transactions, or performance of obligations—after which the contract can be terminated by the active party. For example, if a service provider does not receive instructions or payment from a client for a set number of days, the provider may terminate the agreement. This clause serves to protect parties from being indefinitely bound to an inactive contract, ensuring that resources are not tied up and that both parties have clarity on when and how the agreement can be concluded due to inactivity.
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Inactivity; Termination. You are responsible for complying with all the terms of this Agreement and with the terms and conditions agreement and all other disclosures governing the deposit accounts, which you access, using electronic Credit Union services. We can terminate your electronic banking privileges under this Agreement without notice to you if: 1. You do not pay any fee required by this Agreement when due. 2. You do not comply with the agreement governing your deposit or loan accounts, or your accounts are not maintained in good standing. We will promptly notify you if we terminate this Agreement or your use of the Services for any reason. We may convert your account to inactive status if you do not sign on to the Service or have any transaction scheduled through the Service during any consecutive 120-day period. If your account is considered inactive, you must contact us to have the Service activated before you will be able to schedule any transaction through the Service. To cancel the HPC Member Access Service, you must notify the Credit Union and provide your name and address. You may notify the Credit Union by one of the following methods: a. By writing a letter and either sending it to the following address:
Inactivity; Termination. You are responsible for complying with all the terms of this Agreement and with the terms of the agreement governing the deposit accounts which you access using electronic banking services. We can terminate your electronic banking privileges under this Agreement without notice to you if you do not pay any fee required in this Agreement when due or if you do not comply with the agreement governing your deposit accounts or your deposit account is not maintained in good standing.
Inactivity; Termination. If you do not sign on to the Services or have any transactions scheduled through the Services during any consecutive ninety (90) day period we may convert your account to inactive status. If your account is considered inactive, you must contact us to have the Services activated before you will be able to schedule any transaction through the Services. This Agreement will remain in effect until it is terminated by you or Beacon Business Bank. You understand that you may cancel this Agreement at any time by notifying Beacon Business Bank electronically or by mail at the addresses provided below. This will cancel the Service, but will not terminate your accounts with Beacon Business Bank. Beacon Business Bank may cancel this Agreement and terminate your use of BEACON Online Banking, in whole or in part, for any reason, at any time. We will try to notify you in advance, but we are not obligated to do so. You may notify Beacon Business Bank by one of the following methods:  By calling us at one of our branch locations, 9:00 a.m. to 5:00 p.m. Monday through Friday, except holidays. San ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇: (▇▇▇) ▇▇▇-▇▇▇▇ Peninsula Branch: (▇▇▇) ▇▇▇-▇▇▇▇ East Bay Branch: (▇▇▇) ▇▇▇-▇▇▇▇  By writing a letter and either sending it to the following address or giving it to a Banking Officer at any location: You will retain data on file adequate to permit remaking or reconstruction of all requested Services for one year following the date of the execution of the request to which such data relate, and will provide the data to us upon our request. You agree to determine promptly the accuracy of all records and information regarding a Service and to notify us immediately of any errors in such records or information. Nothing in this Agreement relieves you from: (a) any responsibility imposed by law, regulation or contract with regard to the maintenance records; or (b) any responsibility to perform audits and account reviews customarily conducted by persons or entities whose businesses are similar to your business, as applicable.
Inactivity; Termination. You are responsible for complying with all the terms of this Agreement and with the terms of the agreement governing the deposit accounts which you access using electronic banking services. We can terminate your Online Banking privileges (including the Bill Payment Service) under this Agreement without notice to you for any reason; or if you do not pay any fee required by this Agreement when due, if you do not comply with the Agreement governing your deposit or loan accounts, or your accounts are not maintained in good standing. We reserve the right to terminate the Services, in whole or in part, at any time with or without cause and without prior written notice. In that event, or in the event that you give us a termination notice, we may (but are not obligated to) immediately discontinue making previously authorized transfers, including recurring transfers and other transfers that were previously authorized but not yet made. We also reserve the right to temporarily suspend the Services in situations deemed appropriate by us, in our sole and absolute discretion, including when we believe a breach of system security has occurred or is being attempted. We may consider repeated incorrect attempts to enter your User ID or Password as an indication of an attempted security breach. Termination of the Services does not affect your obligations under this Agreement with respect to occurrences before termination. We will promptly notify you if we terminate this Agreement or your use of the services for any other reason.
Inactivity; Termination. You are responsible for complying with all the terms of this Agreement and all other disclosures governing the deposit accounts which you access using electronic Credit Union services. We may terminate your electronic banking privileges under this Agreement without notice to you if: A. You do not comply with the agreement governing your deposit or loan accounts, or your accounts are not maintained in good standing. B. You do not sign on to the Service or have any transaction scheduled through the Service during any consecutive 365 day period. To cancel the Services, you must notify the Credit Union and provide your name and address. You may contact the Credit Union using the phone number or address listed at the bottom of this Agreement.
Inactivity; Termination. You are responsible for complying with all the terms of this Agreement and with the terms of the agreement governing the deposit accounts which you access using electronic banking services. We can terminate your Online Banking privileges (including the ▇▇▇▇ Payment Service) under this Agreement without notice to you for any reason; or if you do not pay any fee required by this Agreement when due, if you do not comply with the Agreement governing your deposit or loan accounts, or your accounts are not maintained in good standing. We will promptly notify you if we terminate this Agreement or your use of the services for any other reason. To cancel the Online Banking and/or ▇▇▇▇ Payment Service, you must notify Mutual and provide your name; address; whether you are discontinuing Online Banking, ▇▇▇▇ Payment or both; and the effective date to stop the service. When ▇▇▇▇ Payment is terminated, any pre-scheduled ▇▇▇▇ payments made through Online Banking will also be terminated. Charges (if applicable) for the ▇▇▇▇ Payment Service will be assessed at the end of your statement cycle. You may notify us by one of the following methods:
Inactivity; Termination. You are responsible for complying with all the terms of this Agreement and with the terms of the agreement governing the deposit accounts which you access using electronic banking services. We can terminate any Services under this Agreement without notice to you for any reason; or if you do not pay any fee required by this Agreement when due, if you do not comply with the Agreement governing your deposit or loan accounts, or if your accounts are not maintained in good standing. We will promptly notify you if we terminate this Agreement or your use of the services for any other reason. We may convert your account to inactive status if you do not sign on to the Service or have any transaction scheduled through the Service during any consecutive one hundred eighty (180) day period. If your account is inactive, you must contact us to have the Service activated before you will be able to schedule any transaction through the Services. To cancel any or all of the Services, you must notify Nekoosa Port ▇▇▇▇▇▇▇ State Bank and provide your name, address, which Services you are discontinuing, and the effective date to stop these services. When Bill Payment is terminated, any pre-scheduled bill payments made through these Services will also be terminated. You may notify Nekoosa Port ▇▇▇▇▇▇▇ State Bank by one of the following methods: 1. By calling ▇▇▇-▇▇▇-▇▇▇▇, 8:30 a.m. to 4:30 p.m. CST. 2. By writing a letter and either sending it to the following address or giving it to a Personal Banker at any Nekoosa Port ▇▇▇▇▇▇▇ State Bank location: Nekoosa Port ▇▇▇▇▇▇▇ State Bank P.O. Box 9 Nekoosa, WI 54457-0009
Inactivity; Termination. You are responsible for complying with all the terms of this Agreement and with the terms of the ▇▇▇▇ Payment Service Agreement as well as any agreements governing the deposit accounts which you access using electronic banking services. We can terminate your Online Banking privileges (including the ▇▇▇▇ Payment Service) under this Agreement without notice to you for any reason; or if you do not pay any fee required by this Agreement when due, if you do not comply with the Agreement governing your deposit or loan accounts, or your accounts are not maintained in good standing. If you are not paying a monthly service charge for the Online Banking Service, we may convert your account to inactive status if you do not sign on to the Online Banking Service or have any transactions scheduled through the Online Banking Service during any consecutive 180 day period. If your account is considered inactive, you must contact us to have the Online Banking Service activated before you will be able to schedule any transactions. This inactive status will also result in the suspension of your ▇▇▇▇ Payment Service. To cancel the Online Banking and/or ▇▇▇▇ Payment Service, you must notify the Bank. Your notification should include your name, address and the effective date to stop the Service(s). When ▇▇▇▇ Payment Service is terminated, any pre-scheduled ▇▇▇▇ payments made through Online Banking will also be terminated. Your final charge for the ▇▇▇▇ Payment Service will be assessed at the end of your statement cycle. You may notify the Bank by one of the following methods: * By initiating a customer inquiry through our Web site * By calling 1-800-444-4300 * By writing a letter and sending it to: Winter Hill Bank Attn: IB Support Operations Center ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇. ▇▇▇▇▇
Inactivity; Termination. You are responsible for complying with all terms of this Agreement and with the terms of the agreement governing the deposit accounts which you access using electronic banking services. We can terminate your electronic banking privileges (including the Bill Payment Service) under this Agreement without notice to you if you do not pay any fee required by this Agreement when due or if you do not comply with the agreement governing your deposit or loan accounts or your accounts are not maintained in good standing. We will promptly notify you if we terminate this Agreement or your use of the services for any other reason. If you are not paying a monthly service charge for the Service, we may convert your account to inactive status if you do not sign on to the Service or have any transaction scheduled through the Service during any consecutive 90-day period. If your account is considered inactive, you must contact us to have the Service activated before you will be able to schedule any transaction through the Service. To cancel the Online Banking and/or Bill Payment service, you must notify AB&T and provide your name; address; whether you are discontinuing Online Banking, Bill Payment, or both; and the effective date to stop the service. When Bill Payment is terminated, any prescheduled bill payments made through Online Banking will also be terminated. Your final charge for the Bill Payment service will be assessed at the end of your statement cycle. You may notify AB&T by one of the following methods:
Inactivity; Termination. We may terminate any Service provided to you under this Master Agreement upon at least ninety (90) days’ prior written notice if you do not comply with the Agreement if we determine in our discretion that continuation of the Service to you would constitute an unacceptable substantial risk of loss, or, immediately, if you file a petition under the U.S. Bankruptcy Code or such a petition is filed against you and not dismissed within thirty (30) days. In addition, either of us may terminate the Agreement or any Service Terms and Conditions and cease providing any Services at any time by providing the other party with at least ninety (90) days’ prior notice. After termination for any reason, the Agreement will continue to apply to all transactions which were initiated prior to termination and Sections 1, 3, 5, 6, 8, 9, 10, 12, 13, 15, 16, 17, 18, 20, 22, 23 and 24 will survive termination. 5. Payment Terms and Account Analysis. You must pay us Service Fees applicable to the Services as disclosed to you in our current pricing statement or in the Service Terms and Conditions, Service Request Form or Supplemental Documentation for each Service. We may modify Service Fees by providing at least ninety (90) days prior notice to you in accordance with Section 7(a). Service Fees are in addition to fees for banking services as provided in our current pricing statement for commercial accounts. In addition to Service Fees, you must pay us for (a) all reasonable attorneysfees and other costs and expenses we may incur in collecting amounts you owe us in connection with the Accounts or any Service, (b) the amount of any taxes levied or based on your receipt of the Services, if any, including without limitation, federal, state or local privilege, excise or sales taxes (other than our income, real estate or property taxes) and (c) third-party expenses incurred on your behalf as provided in an applicable Service Terms and Conditions or Supplemental Documentation. Service Fees and other costs payable by you that are due and owing will be billed to DST as your agent and shall be due and payable within thirty (30) days of receipt by DST of such bill. 6.