Common use of CONSENSUAL LIEN ON SHARES Clause in Contracts

CONSENSUAL LIEN ON SHARES. If You have been issued a debit Card or Credit Card, You grant and consent to a lien on Your shares with Us (except for XXX and Xxxxx accounts) and any dividends due or to become due to You from Us to the extent You owe on any unpaid Credit Card balance and/or Overdraft Line of Credit balance created through the use of Your debit Card. ACCOUNT RESTRICTIONS. In order to receive and maintain a MasterCard Secured Feature Category, You agree to give Us a specific pledge of shares which will equal Your Credit Limit. In the event that You default on Your MasterCard Secured Feature Category, We may apply these shares toward the repayment of any amount owed on such Feature Category. You may cancel Your MasterCard Secured Feature Category at any time by paying any amounts owed on that Feature Category. To be certain that Your entire balance and all advances are paid, any shares pledged may not be available to You for 30 days after You have cancelled and any outstanding balance is paid in full. LINE OF CREDIT LIMITS. You will be notified of each specific Credit Limit for each Feature Category for which You are approved. Unless You are in default, any Credit Limits established for You will generally be self-replenishing as You make payments. You will keep Your unpaid balance within Your Credit Limit set by Us, and You will pay any amount over Your Credit Limit on Our demand whether or not We authorize the advances which caused You to exceed Your Credit Limit. Even if Your unpaid balance is less than Your Credit Limit, You will have no credit available during any time that any aspect of Your Account is in default.

Appears in 6 contracts

Samples: Credit Line Account Agreement, Credit Line Account Agreement, Credit Line Account Agreement

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CONSENSUAL LIEN ON SHARES. If You have been issued a debit Card or Credit Card, You grant and consent to a lien on Your shares with Us (except for XXX IRA and Xxxxx accounts) and any dividends due or to become due to You from Us to the extent You owe on any unpaid Credit Card balance and/or Overdraft Line of Credit balance created through the use of Your debit Card. ACCOUNT RESTRICTIONS. In order to receive and maintain a MasterCard Secured Feature Category, You agree to give Us a specific pledge of shares which will equal Your Credit Limit. In the event that You default on Your MasterCard Secured Feature Category, We may apply these shares toward the repayment of any amount owed on such Feature Category. You may cancel Your MasterCard Secured Feature Category at any time by paying any amounts owed on that Feature Category. To be certain that Your entire balance and all advances are paid, any shares pledged may not be available to You for 30 days after You have cancelled and any outstanding balance is paid in full. LINE OF CREDIT LIMITS. You will be notified of each specific Credit Limit for each Feature Category for which You are approved. Unless You are in default, any Credit Limits established for You will generally be self-replenishing as You make payments. You will keep Your unpaid balance within Your Credit Limit set by Us, and You will pay any amount over Your Credit Limit on Our demand whether or not We authorize the advances which caused You to exceed Your Credit Limit. Even if Your unpaid balance is less than Your Credit Limit, You will have no credit available during any time that any aspect of Your Account is in default.

Appears in 4 contracts

Samples: www.cudenver.com, www.cudenver.com, www.cudenver.com

CONSENSUAL LIEN ON SHARES. If You have been issued a debit Card or Credit Card, debit card or ATM card, You grant and consent to a lien on Your shares with Us (except for XXX IRA and Xxxxx accounts) and any dividends due or to become due to You from Us to the extent You owe on any unpaid Credit Card balance and/or Overdraft Line of Credit balance created through the use of Your debit Cardcard or ATM card. ACCOUNT RESTRICTIONS. In order to receive and maintain a MasterCard VISA Secured or VISA Secured (Introductory Rate) Feature Category, You agree to give Us a specific pledge of shares which will be equal to 110% of Your Credit Limit. In the event that You default on Your MasterCard VISA Secured or VISA Secured (Introductory Rate) Feature Category, We may apply these shares toward the repayment of any amount owed on such Feature Category. You may cancel Your MasterCard VISA Secured or VISA Secured (Introductory Rate) Feature Category at any time by paying any amounts owed on that Feature Category. To be certain that Your entire balance and all advances are paid, any shares pledged may not be available to You for 30 days after You have cancelled and any outstanding balance is paid in full. LINE OF CREDIT LIMITS. You will be notified of each specific Credit Limit for each Feature Category for which You are approved. Unless You are in default, any Credit Limits established for You will generally be self-replenishing as You make payments. You will keep Your unpaid balance within Your Credit Limit set by Us, and You will pay any amount over Your Credit Limit on Our demand whether or not We authorize the advances which caused You to exceed Your Credit Limit. Even if Your unpaid balance is less than Your Credit Limit, You will have no credit available during any time that any aspect of Your Account is in default.

Appears in 3 contracts

Samples: www.ufirstcu.com, www.ufirstcu.com, www.ucreditu.com

CONSENSUAL LIEN ON SHARES. If You have been issued a debit Card or Credit Card, ATM card or debit card, You grant and consent to a lien on Your shares with Us (except for XXX and Xxxxx accounts) and any dividends due or to become due to You from Us to the extent You owe on any unpaid Credit Card balance balance, and/or Overdraft Line of Revolving Sooper Credit balance created through the use of Your ATM card or debit Cardcard. OTHER SECURITY. Collateral (other than household goods or any dwelling) given as security under this Agreement or for any other loan You may have with Us will secure all amounts You owe Us now and in the future. ACCOUNT RESTRICTIONS. In order to receive and maintain a MasterCard VISA Classic Secured Feature Category, You agree to give Us a specific pledge of shares which will be equal to 200% of Your Credit Limit. In the event that You default on Your MasterCard VISA Classic Secured Feature Category, We may apply these shares toward the repayment of any amount owed on such Feature Category. You may cancel Your MasterCard VISA Classic Secured Feature Category at any time by paying any amounts owed on that Feature Category. To be certain that Your entire balance and all advances are paid, any shares pledged may not be available to You for 30 days after You have cancelled and any outstanding balance is paid in full. LINE OF CREDIT LIMITS. You will be notified of each specific Credit Limit for each Feature Category for which You are approved. Unless You are in default, any Credit Limits established for You will generally be self-replenishing as You make payments. You will keep Your unpaid balance within Your Credit Limit set by Us, and You will pay any amount over Your Credit Limit on Our demand whether or not We authorize the advances which caused You to exceed Your Credit Limit. Even if Your unpaid balance is less than Your Credit Limit, You will have no credit available during any time that any aspect of Your Account is in default.

Appears in 1 contract

Samples: loanapp.soopercu.org

CONSENSUAL LIEN ON SHARES. If You have been issued a debit Card or Credit Card, debit card or ATM card, You grant and consent to a lien on Your shares with Us (except for XXX IRA and Xxxxx accounts) and any dividends due or to become due to You from Us to the extent You owe on any unpaid Credit Card balance balance, and/or Overdraft Line of Credit balance created through the use of Your debit Cardcard or ATM card. ACCOUNT RESTRICTIONS. In order to receive and maintain a MasterCard VISA Platinum Secured Feature Category, . You agree to give Us a specific pledge of shares which will equal Your Credit Limitcredit limit. In the event that You default on Your MasterCard Secured Feature CategoryAccount, We may apply these shares toward the repayment of any amount owed on such Feature Category. You may cancel Your MasterCard Secured Feature Category at any time by paying any amounts owed on that Feature CategoryAccount. To be certain that Your entire balance and all advances on Your Account are paid, any shares pledged may not be available to You for 30 days after You have cancelled canceled Your Account and any outstanding paid Your balance is paid in full. LINE OF CREDIT LIMITS. You will be notified of each specific Credit Limit for each Feature Category for which You are approved. Unless You are in default, any Credit Limits established for You will generally be self-replenishing as You make payments. You will keep Your unpaid balance within Your Credit Limit set by Us, and You will pay any amount over Your Credit Limit on Our demand whether or not We authorize the advances which caused You to exceed Your Credit Limit. Even if Your unpaid balance is less than Your Credit Limit, You will have no credit available during any time that any aspect of Your Account is in default.

Appears in 1 contract

Samples: forms.ridgedalefcu.org

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CONSENSUAL LIEN ON SHARES. If You have been issued a debit Credit Card or Credit Carddebit card, You grant and consent to a lien on Your shares with Us (except for XXX IRA and Xxxxx accounts) and any dividends due or to become due to You from Us to the extent You owe on any unpaid Credit Card balance balance, and/or Overdraft Signature Line of Credit balance created through the use of Your debit Cardcard. ACCOUNT RESTRICTIONS. In order to receive and maintain a MasterCard Share Secured VISA Classic Feature Category, You agree to give Us a specific pledge of shares which will equal Your Credit Limitcredit limit. In the event that You default on Your MasterCard Share Secured VISA Classic Feature Category, We may apply these shares toward the repayment of any amount owed on such Feature Category. You may cancel Your MasterCard Share Secured VISA Classic Feature Category at any time by paying any amounts Amounts owed on that Feature Category. To be certain that Your entire balance and all advances on Your Account are paid, any shares pledged may not be available to You for 30 days after You have cancelled and any outstanding balance is paid in full. LINE OF CREDIT LIMITS. You will be notified of each specific Credit Limit for each Feature Category for which You are approved. Unless You are in default, any Credit Limits established for You will generally be self-self- replenishing as You make payments. You will keep Your unpaid balance within Your Credit Limit set by Us, and You will pay any amount over Your Credit Limit on Our demand whether or not We authorize the advances which caused You to exceed Your Credit Limit. Even if Your unpaid balance is less than Your Credit Limit, You will have no credit available during any time anytime that any aspect of Your Account is in default.

Appears in 1 contract

Samples: Member Owned, Member Ledsm

CONSENSUAL LIEN ON SHARES. If You have been issued a debit Card or Credit Card, ATM or debit card, You grant and consent to a lien on Your shares with Us (except for XXX IRA and Xxxxx accounts) and any dividends due or to become due to You from Us to the extent You owe on any unpaid Credit Card balance balance, and/or Overdraft unpaid Cost of Living Line of Credit, Revolving Line of Credit, or Gold Revolving Line of Credit balance created through the use of Your ATM or debit Cardcard. ACCOUNT RESTRICTIONS. In order to receive and maintain a MasterCard Secured Mastercard Classic Feature Category, You agree to give Us a specific pledge of shares which will equal Your Credit Limit. In the event that You default on Your MasterCard Secured Feature CategoryAccount, We may apply these shares toward the repayment of any amount owed on such Your Secured Mastercard Classic Feature Category. You may cancel Your MasterCard Secured Mastercard Classic Feature Category at any time by paying any amounts owed on that such Feature Category. To be certain that Your entire balance and all advances are paid, any shares pledged may not be available to You for 30 days after You have cancelled and any outstanding balance is paid in full. LINE OF CREDIT LIMITS. You will be notified of each specific Credit Limit for each Feature Category for which You are approved. Unless You are in default, any Credit Limits established for You will generally be self-replenishing as You make payments. You will keep Your unpaid balance within Your Credit Limit set by Us, and You will pay any amount over Your Credit Limit on Our demand whether or not We authorize the advances which caused You to exceed Your Credit Limit. Even if Your unpaid balance is less than Your Credit Limit, You will have no credit available during any time that any aspect of Your Account is in default.

Appears in 1 contract

Samples: www.riverlandfcu.org

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