Termination of Accounts Clause Samples

Termination of Accounts. Upon termination of all Participant Accounts in any manner provided for in this Section, this Custodial Agreement shall be considered to be rescinded and of no force and effect and the Custodian, the Advisor, and the Plan Provider shall be relieved from all further liability with respect to this Custodial Agreement, any Custodial or Participant Account, and all assets thereof so distributed.
Termination of Accounts. You may, subject to satisfaction and discharge of your indebtedness, liability or other obligation to us, close your Account at any time by giving to us prior written notice of not less than seven (7) days. SoFi HK may close your Account or terminate any services provided to you at any time and for any reason. Closing an Account or terminating any services will not affect the rights and obligations of either party incurred prior thereto. Notwithstanding the above, if an account is closed with a credit balance which is equal to or less than HK$10 in your Account, SoFi HK may charge a processing fee (on such basis as SoFi HK may from time to time determine and notified to you) for closing your Account and debit such fee to your Account.
Termination of Accounts. In accordance with the terms of the Membership and Account Agreement, we may terminate your account if there has been any misrepresentation, account abuse or if we reasonably deem it necessary to prevent loss to the credit union.
Termination of Accounts. (A) We may terminate any one or more of the Account(s): (i) without given prior notice to or obtaining consent from you if you breach or fail to comply with any provision of this Client Agreement or when your Account has become an Inactive Account or a Dormant Account for an extended period of time (such period to be determined at our absolute discretion); (ii) by giving you not less than one (1) Business Day’s prior written notice; or (iii) immediately without giving you prior notice or obtaining your consent where we are required by any Applicable Laws and Regulations to terminate and close the Account(s) you have opened with us.
Termination of Accounts. Client acknowledges that the Accounts are issued and held by Bank and shall be subject to cancellation at any time by Bank, in accordance with this Agreement, the Account Agreement or as required or permitted by Applicable Law, or, on a case-by-case basis, where the Bank believes a Customer is using the Account and/or the associated Card for fraudulent or illegal purposes. Conversely, Bank acknowledges that Client maintains independent customer relationships with Customers, and Client may have independent reasons to suggest suspension or cancellation of an Account or Card by Bank. As such, where Client (i) reasonably believes in good faith that a Customer may be using the Account and/or Card for fraudulent or illegal purposes; or (ii) otherwise intends to suspend or terminate its independent customer relationship with a Customer due to actual or suspected fraud or illegal purposes, it shall notify Bank. Upon receipt of notice of termination of this Agreement for any reason, Client shall, at its sole expense, provide written certification of destruction of any unused Cards, under dual control, by a third party approved by the Bank all in keeping with the Rules as set forth by the applicable Network as it pertains to the shipping and destruction of Cards.
Termination of Accounts. 6.1. You may terminate your use of the Service and close your account at any time. Any accrued amount will be forfeited if you close your account. These Terms will apply until your account has been closed. Information on how to close your account can be found in the Service or by asking a Wehype representative. 6.2. We reserve the right, in our sole discretion, to terminate your account and your right to use the Service without liability for any damages in relation to you.
Termination of Accounts. The Credit Union may terminate your account at any time without notice to you, may require you to close your account at any time without notice to you, or may require you to close your account and apply for a new account if (1) there is a change in owners or authorized signers;
Termination of Accounts. On the Termination Date all Permitted Investments in each Account shall be liquidated or, at the election of the Borrower, conveyed to the Borrower and all remaining funds in each Account shall be remitted to (or at the direction of) the Borrower. In the event that after the Termination Date any funds are received by the Administrative Agent for deposit in any Account the Administrative Agent shall promptly remit such funds to (or at the direction of) the Borrower, in the form received, with any necessary endorsements.
Termination of Accounts. The Participant, the Program Manager, or the Trustee may terminate an Account as provided under the Act, the Code, or the Advisor Program rules. If the Trustee, or the Program Manager finds that the Participant or a Beneficiary has provided false or misleading information to the Trustee, the Program Manager, or an Eligible Educational Institution with respect to an Account, the Trustee, the Program Manager, may terminate the Account. The remaining Account balance may be distributed to the Participant and may be treated as a Non-Qualified Withdrawal that is subject to all applicable federal and state and/or local taxes, potentially including the additional 10% federal tax on earnings, for which the Participant shall be liable.
Termination of Accounts. You may give us Instructions to close any account. In the case of joint account holders, Instructions to close an account must be given by all of you. We reserve the right to close your account(s) without giving a reason for such a decision. Closure will normally only occur when all liabilities of yours have been paid. Termination of any account and/or service provided under this Agreement may not affect your remaining account(s) and or service(s).