Common use of Terminating Access Clause in Contracts

Terminating Access. In the event (i) you violate any terms of this Agreement; (ii) there are unauthorized or fraudulent transactions related to your Funding Account, Deposit Account or use of the P2P Transfer Service; or (iii) we incur problems with your use of the P2P Transfer Service, you agree that we may suspend or terminate your access to the P2P Transfer Service at any time. We may, in our sole discretion, at any time and without prior notice to you or other P2P Transfer participants, suspend or terminate: (i) the P2P Transfer Service; (ii) your ability to send or receive funds through a P2P Transfer Transaction; (iii) your ability to send funds through a P2P Transfer Transaction, while continuing to permit you to receive funds through a P2P Transfer Transaction; (iv) your ability to request funds from another Member; or (v) your ability to receive requests for funds from another Member. In the event your access to the P2P Transfer Service is terminated or suspended for any reason and then later reactivated or reinstated, you agree that this Agreement, or any revised or amended version of this Agreement in effect at the time of reactivation or reinstatement, will continue to apply to your P2P Transfer Transactions and use of the P2P Transfer Service.