CHECKS, WITHDRAWALS, AND OTHER CHARGES Sample Clauses

CHECKS, WITHDRAWALS, AND OTHER CHARGES. 1. Withdrawals and Transfers from Your Account We may subtract from your account the amount of any check or other item that you or any person you authorize created or approved. We may require you or any person you authorized to provide us with identification, documentation, or information that is acceptable to us. Transfers or withdrawals may be refused if a claim is asserted against the funds on deposit in your account, a legal garnishment or attachment against you or your property is served on the Bank, if you fail to repay a Bank loan when due, or for similar reasons. You will be advised of the reasons why such action is taken. Also, the Bank may return unpaid any check not drawn on the branch where your account is maintained.
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CHECKS, WITHDRAWALS, AND OTHER CHARGES. 1. Withdrawals and Transfers from Your Account We may subtract from your account the amount of any check or other item that you or any person youauthorize created or approved. We mayrequire you or any personyou authorized to provide us with identification, documentation, or information that is acceptable to us. Transfers or withdrawals may be refused if a claim is asserted against the funds on deposit in your account, a legal garnishment or attachment against youor your property is servedon the Bank, ifyou fail to repaya Bank loanwhen due, or for similar reasons. You will be advised of the reasons why such action is taken. Also, the Bank may return unpaidany check not drawn on the branchwhere your account is maintained.
CHECKS, WITHDRAWALS, AND OTHER CHARGES 

Related to CHECKS, WITHDRAWALS, AND OTHER CHARGES

  • Taxes and Other Charges Borrower shall pay all Taxes and Other Charges as the same become due and payable, and deliver to Lender receipts for payment or other evidence satisfactory to Lender that the Taxes and Other Charges have been so paid no later than thirty (30) days before they would be delinquent if not paid (provided, however, that Borrower need not pay such Taxes nor furnish such receipts for payment of Taxes paid by Lender pursuant to Section 3.3 hereof). Borrower shall not suffer and shall promptly cause to be paid and discharged any Lien against the Property, and shall promptly pay for all utility services provided to the Property. After prior notice to Lender, Borrower, at its own expense, may contest by appropriate legal proceeding, promptly initiated and conducted in good faith and with due diligence, the amount or validity or application of any Taxes or Other Charges, provided that (i) no Default or Event of Default has occurred and is continuing, (ii) such proceeding shall suspend the collection of the Taxes or such Other Charges, (iii) such proceeding shall be permitted under and be conducted in accordance with the provisions of any other instrument to which Borrower is subject and shall not constitute a default thereunder, (iv) no part of or interest in the Property will be in danger of being sold, forfeited, terminated, canceled or lost, (v) Borrower shall have furnished such security as may be required in the proceeding, to insure the payment of any such Taxes or Other Charges, together with all interest and penalties thereon, and (vi) Borrower shall promptly upon final determination thereof pay the amount of such Taxes or Other Charges, together with all costs, interest and penalties. Lender may pay over any such security or part thereof held by Lender to the claimant entitled thereto at any time when, in the judgment of Lender, the entitlement of such claimant is established.

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