Closing the Account. You May Cancel This Agreement You may cancel this agreement for any reason within 14 business days after you receive your card for a new account or such additional period if we permit or under applicable law. If you cancel within this time, we will refund or credit any annual fee for the new account. If you use or receive any benefit associated with the account before cancellation, the value of such benefit will be deducted from any refund you would otherwise receive. If you or a supplementary cardmember authorize any charge on the account, you will be required to repay all such amounts, including applicable interest. You may cancel the agreement by phoning us at the number on the back of your card and providing us with your card number. You may also cancel by writing to us and including your name, card number and contact information.
Closing the Account. The owner on an Account may close the Account at any time. Your right to close an Account is subject to any statutory or contractual lien existing in our favor and any legal process levied against any such Account. The Credit Union may close an account if the balance drops below par value ($1.00) for a period of 30 days. The Credit Union may close an account due to inactivity in which the account no longer maintains a balance (see Truth in Savings Fee Schedule – Inactive Account). A new account that is not properly funded within a 30-day period will be closed. Generally, a closed account cannot be reopened. However, we may reopen your account after closing in certain instances including, but not limited to, receipt of a dishonored/returned item or a preauthorized debit card transaction initiated on your account and not canceled prior to account closure. In these instances you will be liable for any negative balance arising from these transaction as well as any associated fees incurred. Members closing out all accounts or accounts closed by the Credit Union due to inactivity will require members to re-qualify for membership and follow all required processes to open a new account. We reserve the right to limit accounts and/or services (refer to “Limitation of Services”) and, subject to applicable law, close an account. We will close your account when suspicious activity is detected during monitoring of transactions. We are not obligated to notify you when your account is restricted or closed due to suspicious activity or law enforcement action.
Closing the Account. Any Party to an account may close the account at any time; provided, however, that no Joint Owner may close the Primary Savings Account of a member or reduce the balance of any such account below the par value of one share, unless authorized by the Credit Union. Your right to close an account is subject to any statutory or contractual lien existing in the Credit Union’s favor and any legal process levied against any such account. If we pay any item or payment order after your account is closed, you agree to reimburse us. The Credit Union may close an account at any time and disburse funds on deposit in any such account to the Owners of the account in any manner it deems appropriate if (a) any of the events set forth in the preceding paragraphs eight (8) or ten (10) should arise, (b) the Credit Union believes it may suffer a loss if the account is not closed or we believe that the volume of account activity exceeds that which we can reasonably and safely process, (c) the Credit Union determines that any Party to the account or claiming an interest in the account has been abusive in the use of the account or in the conduct of his/her affairs with the Credit Union, (d) our attempts to verify your identity have failed, (e) you do not cooperate with our reasonable requests in connection with maintenance of your account or (f) there has been a change in account ownership or a change with regard to the persons authorized to sign on the account.
Closing the Account. You can close your Account at any time for any reason by giving us written notice, provided all fees have been paid and all Items have been paid or collected. We can also close your Account at any time for any reason, and without notice to you unless required by Applicable Law. We may charge you a fee if your Account is closed within 180 days of being opened. We may also charge you a fee if we choose to close your Account because it has a negative balance. See the fee schedule for your Account for details. If your Account is closed before interest is credited, you will not receive the accrued interest. Any Items received after your Account is closed will be returned unpaid. Any withdrawal that reduces the balance in an Account to zero may automatically close that Account. We are not liable for any check, withdrawal, or other Item presented after an Account is closed, but we may reopen your Account if we receive a deposit or to process trailing activity for our accounting purposes. If your Collected Balance is insufficient to pay fees and any other amounts owed to us, you will continue to be liable to us for such amounts until they are paid in full. We have the right to advise credit bureaus if your Account is closed for misuse and this may be reflected in your credit report. In addition, we reserve the right to change your Account type at any time and will provide prior notice if required by Applicable Law. The provisions of this Agreement which by their nature are intended to be binding after your Account is closed shall remain binding between you and us, including but not limited to indemnification obligations and limitations on liability.
Closing the Account. Only the Member/Owner may close an Account. No Joint Owner may close an Account of the Member/Owner or reduce the balance of the Member/Owner’s Savings Account below the par value of one share. The Member/Owner’s right to close an Account is subject to any statutory or contractual lien existing in our favor and any legal process levied against any such Account. We may close an Account at any time and disburse funds on deposit in any such Account to the Owners of the Account or in satisfaction of any obligation owing to us, in any manner we deem appropriate, if (i) any of the events set forth in the Paragraphs 26 or 30 should arise, (ii) we believe that we may suffer a loss if the Account is not closed or we believe that the volume of Account activity exceeds that which we can reasonably and safely process, (iii) we determine that any Party to the Account or Party claiming interest in the Account has been abusive in the use of the Account or in the conduct of his or her affairs with the Credit Union, (iv) our attempts to verify your identity have failed, (v) you do not cooperate with our reasonable requests in connection with maintenance of your Account, or (vi) there has been a change in Account ownership or a change with regard to the persons authorized to sign on the Account. The Credit Union may close an account if the balance drops below par value ($25.00) for a period of one hundred eighty (180) days. The Credit Union may close an account due to inactivity in which the account no longer maintains a balance (see the TIS Fee Schedule – Inactive Account). A new account that is not properly funded or required documentation or signature(s) is not provided within a 30-day period will be closed. Generally, a closed account cannot be reopened. However, we may reopen your account after closing in certain instances including, but not limited to, receipt of a dishonored/returned item or a preauthorized debit card transaction initiated on your account and not canceled prior to account closure. In these instances you will be liable for any negative balance arising from these transaction as well as any associated fees incurred. Members closing out all accounts or accounts closed by the Credit Union due to inactivity will require members to re-qualify for membership and follow all required processes to open a new account. We reserve the right to limit accounts and/or services (refer to “Limitation of Services”) and, subject to applicable law, close an account. We wi...
Closing the Account. The Bank shall have the right to close, terminate, or cancel the Account at any time, and, in this case, the Cardholder agrees to pay the Bank all amounts due as required in this Agreement unless the Cardholder is in default under this Agreement and the Bank requires immediate payment of the entire outstanding unpaid balance on the Account. If immediate payment of such balance is required, the Bank shall also have the right to require immediate payment of any other obligations owed by the Cardholder to the Bank. Without limiting the foregoing, the Bank shall have the right to close the Account if the Account has been inactive for six (6) consecutive months. The Cardholder may close, terminate, or cancel the Account at any time by notifying the Bank in writing and returning all Cards issued in connection with the Account. The Cardholder shall remain liable for continued charges against the Account after the Account is closed by the Cardholder until and unless all Cards have been returned to the Bank. Each joint Cardholder authorizes each other Cardholder to close or terminate the Account by written notice to the Bank. All Cardholders shall remain jointly, severally, and solidarily liable for the payment of all outstanding unpaid amounts due on the Account. If a joint Account is terminated, any approval of a new Visa Platinum or Platinum Card account application by a former joint Cardholder may be conditioned by the Bank upon the repayment of the entire outstanding unpaid amounts due on the Account prior to the opening of an account pursuant to the new application.
Closing the Account. The Closing shall be completed forthwith and immediately thereafter Escrow Agent shall deposit the Funds in an interest bearing account at a federally chartered financial institution, the deposits of which are insured by the Federal Deposit Insurance Corporation, which should be designated as "Lawyers Title Insurance Company on behalf of Bishop Powers, Ltd." (the "Account"). Unless and until there is a dexxxxx bx Xxxxop pursuant to Paragraph 3 following, interest accruing on the Axxxxxx shall be paid monthly to Bishop.
Closing the Account. 4.5.1 The Withdrawal Guarantee is reduced to zero when a Certificate Owner closes their Account. No additional charges will be assessed.
Closing the Account. The account shall continue for as long as it suits the parties to maintain it. Termination of the account agreement may take place at any time on the initiative of one or other of the parties, by registered letter with advice of receipt, subject to prior notice of 30 calendar days for the Client and 2 months for the Bank. The period of notice shall be counted, in the event of notice of termination by the Bank, from the day of receipt by the Client of the af orementioned letter and in the ev ent of notice of termination by the Client, from the day of receipt of said letter by the Bank. As an exception to the f oregoing, termination shall take place as of right without prior f ormality in the following scenarios: - in the case of the Client’s judicial liquidation, - in the case of the Client’s seriously reprehensible behaviour or in the event that the latter’s status should be irretrievably compromised, - in the case of information, documents or declarations of any kind given by the Client f or entering into the agreement and the contracts signed as set out in this general terms and conditions and that do not appear to correspond to reality. In all cases of termination, the Bank shall clear the balances of the different accounts opened in the Client’s name and shall reverse all transactions in progress. To that end, and in the case of f oreign currency accounts, these shall be sold on the f oreign exchange market in Paris, at the rate in effect at the date of said clearance Pay ment with the Client’s time-deposit accounts shall be carried out at the end of their terms. Closure shall make all transactions payable immediately and shall require the Client to cov er all those involving a commitment at the Bank’s expense, even when potential. Following these closing entries, if there are inadequate or no prov isions for drafts issued and not y et presented, the Client must complete or constitute the provision. Otherwise, the Bank shall be obliged to refuse payment. Notwithstanding the provisions of Article L 312-1-1III and L 314-13 IV of the French Monetary and Financial Code, and as authorised by Article L 314-5 of the same Code, the bank shall not be bound to reimbursement, on a prorated basis, of fees lawfully charged f or the provision of payment services, settled by the Client in advance. Lastly , closing the account shall require the Client to immediately return all payment instruments in its possession.
Closing the Account. Any party to an Account may close the Account at any time, except that no Joint Owner may close the Regular Share Account of a member or reduce the balance of any such Account below the par value of one share. Your right to close an Account is subject to any statutory or contractual lien existing in our favor and any legal process levied against any such Account. We may close any Account at any time and disburse funds on deposit in any such Account to the Owners of the Account or in satisfaction of any obligation owing to us, in any manner we deem appropriate, if (i) any of the events set forth in the preceding paragraphs 6 or 8 should arise, (ii) we believe that we may suffer a loss if the Account is not closed or we believe that the volume of Account activity exceeds that which we can reasonably and safely process, (iii) we determine that any party to the Account or party claiming an interest in the Account has been abusive in the use of the Account or in the conduct of his or her affairs with the Credit Union, or (iv) there has been a change in Account ownership or a change with regard to the persons authorized to sign on the Account. An Early Closure Administrative Fee may apply if the Membership Account is closed within one year of opening.
