Common use of Periodic Account Statements Clause in Contracts

Periodic Account Statements. Except as otherwise stated in this Agreement, we will send you an Account Statement. Unless you make other arrangements with us, your Account Statement will be mailed to you by regular mail or electronically delivered to your address as it appears on our records. We will send your Account Statement for each Billing Cycle at the end of which your Account has a debit or credit balance in excess of $1.00 or on which an interest charge has been imposed. Generally, you will receive 12 Account Statements each year your Account is open. We will not send your Account Statement if (a) we deem your Account uncollectible; (b) delinquency collection proceedings have been instituted, or (c) for any other reason permitted by Applicable Law.

Periodic Account Statements. Except as otherwise stated in this Agreement, we will send you an Account Statement. Unless you make other arrangements with us, your Account Statement will be mailed to you by regular mail or electronically delivered to your address as it appears on our records. We will send your Account Statement for each Billing Cycle at the end of which your Account has a debit or credit balance in excess of $1.00 or on which an interest a finance charge has been imposed. Generally, you will receive 12 Account Statements each year your Account is open. We will not send your Account Statement if (a) we deem your Account uncollectible; , (b) delinquency collection proceedings have been instituted, or (c) for any other reason permitted by Applicable Law.