Account Provision Clause Samples
The Account Provision clause defines the requirements and procedures for establishing and maintaining user accounts within a system or service. Typically, it outlines who is eligible to create an account, the information that must be provided, and any verification steps that may be necessary. This clause ensures that only authorized users gain access, thereby protecting the integrity of the service and managing user access effectively.
Account Provision. 5.1 The Member agrees that the Provider shall receive and make payments into and from their non-withdrawable SCUBA account whilst ever the account is in operation.
5.2 Cancellation of income payments or refusing to make available sufficient income in the account to cover the specified bill payments, without giving the required amount of notice constitutes a breach of the Terms & Conditions.
5.3 The Provider reserves the right to close the account and notify all Creditors affected should the Member breach the terms and conditions of the account.
5.4 The member must give 30 days’ notice of their intention to close the SCUBA account, in writing, to: Failure to give 30 days’ notice will incur a £30 administration charge to close the account and notify the Creditors, and could threaten their tenancy if this includes their housing provider.
Account Provision. 4.1 The Provider reserves the right to close the account should the Member breach the terms and conditions of the account.
Account Provision. Provisions concerning accounts opened for minors
Account Provision. Except with the prior written authorization of the Bank, transactions debited to the Account are honored only within the limit of the balance available.