Funds Sufficient for Payment. Customer shall maintain in its account from which payment is made balances sufficient to cover all payment transactions. Such account must be maintained at Bank. Bank shall have no obligation to process any payment for which such account has an insufficient balance. Bank may place holds upon the balance of such account in the amount of any pending payment. Bank may cancel or reverse a payment in the event that the balance of such account becomes insufficient while such payment is in process. In the event sufficient funds are not available in such account to cover any payment, Customer agrees that Bank may, without prior notice to Customer, debit any account maintained by Customer with Bank or with any affiliate of Bank in order to obtain such payment. Alternatively in such event, Bank, at its option, may set off the amount of such insufficiency against any amount Bank owes to Customer in order to obtain such payment.
Funds Sufficient for Payment. Company shall maintain in the Company Account balances sufficient to cover all payment transactions. F&M BANK shall have no obligation to process any payment against an insufficient balance. F&M BANK may place holds upon the balance of the Company in the amount of any pending payment. F&M BANK may cancel or reverse a payment in the event that the balance of the Company Account insufficient while such payment is in process. In the event sufficient funds are not available the Company Account to cover any payment, Company agrees that F&M BANK may, without prior notice to Company, debit any account maintained by Company with F&M BANK or with any affiliate of F&M BANK in order to obtain such payment. Alternatively, in such event, F&M BANK, at its option, may set off the amount of such insufficiency against any amount F&M BANK owes to Company in order to obtain such payment. ONLINE BANKING SERVICES
