Common use of Account Closure Clause in Contracts

Account Closure. Any funds on deposit in a joint Account we are asked to close may only be withdrawn by a cheque or other withdrawal signed as required by sub- Section 9(d) of this Agreement. Payment of any funds on deposit in a joint Account we close will be made to all of you jointly. We may close or suspend an Account for any reason in our absolute discretion, including if you do not conduct it in accordance with this Agreement and the law, or if, in our opinion, there is unusual, improper or suspicious activity in the Account.

Appears in 5 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Account Closure. Any funds on deposit in a joint Account we are asked to close may only be withdrawn by a cheque or other withdrawal signed as required by sub- sub-Section 9(d) of this Agreement. Payment of any funds on deposit in a joint Account we close will be made to all of you jointly. We may close or suspend an Account for any reason in our absolute discretion, including if you do not conduct it in accordance with this Agreement and the law, or if, in our opinion, there is unusual, improper or suspicious activity in the Account.

Appears in 2 contracts

Samples: Client Agreement, www.rbcroyalbank.com

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Account Closure. You will close an Account if I (or any of us) ask you to do so. Any funds on deposit in a joint Account we you are asked to close may only be withdrawn by a cheque or other withdrawal signed as required by sub- Section 9(d) subsection 16.(c). If I use one of your accounts in an unusual, improper or abusive manner, or not in accordance with this Agreement, the Disclosure Statement and the general law, you may limit the use of my account(s) or close them if you deem it necessary. Payment of any funds on deposit in a joint Account we you close will be made to all of you us jointly. We may close or suspend an Account for any reason in our absolute discretion, including if you do not conduct it in accordance with this Agreement and the law, or if, in our opinion, there is unusual, improper or suspicious activity in the Account.

Appears in 1 contract

Samples: Personal Deposit Accounts Agreement

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