Account Transfer Sample Clauses

Account Transfer. This account may not be transferred or assigned without our prior written consent.
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Account Transfer. You may not transfer your Account or any right you have in the Account to another person without our prior written consent.
Account Transfer. You may not transfer your Account without our consent.
Account Transfer. If you attempt to transfer or assign all or a part of your account, we will not be bound by the transfer or assignment until we agree in writing to the transfer or assignment. We are not required to accept or recognize any transfer or assignment. Unless we agree otherwise in writing, any rights of a transferee or assignee will be subject to our right of setoff or prior security interest. We have no obligation to notify you or any other person before disbursing any funds from your account in accordance with what we in good faith believe to be the terms of the transfer or assignment. SETOFF - We may (without prior notice and when permitted by law) set off the funds in this account against any due and payable debt you owe us now or in the future, by any of you having the right of withdrawal, to the extent of such persons’ or legal entity’s right to withdraw. If the debt arises from a note, “any due and payable debt” includes the total amount of which we are entitled to demand payment under the terms of the note at the time we set off, including any balance the due date for which we properly accelerate under the note. Additionally, by and through this agreement, you grant us a continuing security interest in your account to secure any and all present and future debts that you owe to us. In the case of a joint account, each joint depositor agrees that we may use the money in the account to satisfy any of their individual or joint obligations. The security interest granted by this agreement is consensual and is in addition to the Bank's right of setoff (referred to as statutory security interest in Louisiana). The rights of any POD beneficiary do not attach before and therefore do not take priority over our right of setoff or a consensual security interest granted to us in your account. This right of setoff and consensual security interest do not apply to this account if: (a) it is an IRA or other tax-deferred retirement account, or (b) the debt is created by a consumer credit transaction under a credit card plan (but this does not affect our rights under any consensual security interest), (c) the debtor’s right of withdrawal only arises in a representative capacity, or (d) for Texas customers, the debt is a home equity loan or Home Equity Line of Credit extended pursuant to Article XVI, Section 50(a)(6) of the Texas Constitution. We will not be liable for any interest penalty or the dishonor of any check when the penalty or dishonor occurs because we set off a ...
Account Transfer. If the Client transfers his Account held with the Broker to another institution, the Broker is authorized to limit or suspend the Transactions in the Account and to cancel any open orders once notified of that request by the receiving institution. The Client undertakes that no Transaction Order is to be transmitted to the Broker after having initiated an Account transfer request and that all open orders, which remains unfilled, can be cancelled. The Broker may not be held liable for any loss or damage, whether direct or indirect, arising from the application of this section.
Account Transfer. If the Client transfers his Account held with NBIN to another institution, NBIN is authorized to limit or suspend the Transactions in the Account and to cancel any open orders once notified of that request by the receiving institution. The Client undertakes that no Instruction is to be transmitted to NBIN after having initiated an Account transfer request and that all open orders, which remains unfilled, can be cancelled. NBIN may not be held liable for any loss or damage, whether direct or indirect, arising from the application of this section.
Account Transfer. In the event of the death of the Primary Cardholder, the Account may be transferred to an Authorized User who is the Primary Cardholder’s spouse or common law or civil union partner, provided our eligibility requirements are met. Your Account and Cards are not otherwise transferable.
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Account Transfer. Account ownership is governed only by our records and the signature card of your account. No assignment or transfer of the account is valid or effective unless we agree and incorporate the assignment or transfer into our records (including any transfers to a trust).
Account Transfer. This account may not be transferred except to another account or member at BFSFCU and then only as permitted by us. Nor can this account be assigned without our prior written consent.
Account Transfer. Upon termination of this Agreement, Ameritech, at its sole discretion, will designate itself or another AD to act as successor to AD in providing Ameritech Products to customers "in progress" at the time of termination, and to service those customers who subscribed to Products through AD when this Agreement was in effect.
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