Closure by you Sample Clauses
Closure by you. Generally, the manner in which accounts are closed will be for the investments to be: • Encashed and the net sale proceeds to be transferred to another Pension provider; • Transferred in specie to another Pension provider; or • Transferred to another True Potential Investments account. We will follow your instruction to the extent that it complies with these Terms & Conditions and does not breach any legal or regulatory restrictions. There will be no charge incurred for closing an account. Immediately prior to the withdrawal or transfer of cash and/or Investments, we will first deduct all costs, charges, fees, expenses, taxes, levies or other liability of whatever description which have accrued in respect of the TPI Pension in or before the date of the transfer or withdrawal and which are calculated but have not yet been paid. Notwithstanding the closure of your TPI Pension, you will remain liable for any, costs, charges, fees, expenses, or other liability of whatever description which have accrued in respect of your TPI Pension prior to the date of such transfer or withdrawal but which have not been so deducted until such time as they are paid in full by you.
Closure by you. You can close your Account at any time without charge on written notice. We will forward any credit balance to you, once you have:
(a) returned all (unused) cheques and cards (for security cut cards once through the magnetic strip and once through the chip);
(b) you repay any money you owe to us, including the amount of any cheques, card transactions or other payment instructions you have made and any charges or interest incurred which we have not taken out of your Account; and
(c) you inform all third parties with whom you have arranged Direct Debits and Standing Orders of the closure of your Account.