Common use of Legal Actions or Claims Affecting Your Account Clause in Contracts

Legal Actions or Claims Affecting Your Account. If we are served with a subpoena, restraining order, levy, garnishment, citation to discover assets, search warrant, request for information from a government agency, or other court or administrative order pertaining to your Account (“Legal Action”), we will comply with that Legal Action. Any Legal Action is subject to our set off rights. If we determine it is appropriate, we may freeze (or place a hold on) the assets in the Account and not allow any payments out of the Account until we receive a final court determination regarding the Legal Action. We may freeze the assets in the Account even if the Legal Action does not involve all of the Account holders. We have no liability to you if there are insufficient remaining funds to p a y Items because we withdrew or restricted access to the funds in your Account due to the Legal Action. Your Account will be charged a fee for handling the Legal Action as stated in the Fee Schedule for Consumer Accounts. We may also charge your Account for all additional fees and expenses we incur in connection with the Legal Action (including reasonable attorneys’ fees and our internal expenses).

Appears in 4 contracts

Samples: us.cibc.com, us.cibc.com, pilot.us.cibc.com

AutoNDA by SimpleDocs

Legal Actions or Claims Affecting Your Account. If we are served with a subpoena, restraining order, levy, garnishment, citation to discover assets, search warrant, request for information from a government agency, or other court or administrative order pertaining to your Account (“Legal Action”), we will comply with that Legal Action. Any Legal Action is subject to our set off rights. If we determine it is appropriate, we may freeze (or place a hold on) the assets in the Account and not allow any payments out of the Account until we receive a final court determination regarding the Legal Action. We may freeze the assets in the Account even if the Legal Action does not involve all of the Account holders. We have no liability to you if there are insufficient remaining funds to p a y pay Items because we withdrew or restricted access to the funds in your Account due to the Legal Action. Your Account will be charged a fee for handling the Legal Action as stated in the Fee Schedule for Consumer AccountsSchedule. We may also charge your Account for all additional fees and expenses we incur in connection with the Legal Action (including reasonable attorneys’ fees and our internal expenses).

Appears in 2 contracts

Samples: us.cibc.com, us.cibc.com

AutoNDA by SimpleDocs

Legal Actions or Claims Affecting Your Account. If we are served with a subpoena, restraining order, levy, garnishment, citation to discover assets, search warrant, request for information from a government agency, or other court or administrative order pertaining to your Account (“Legal Action”), we will comply with that Legal Action. Any Legal Action is subject to our set off rights. If we determine it is appropriate, we may freeze (or place a hold on) the assets in the Account and not allow any payments out of the Account until we receive a final court determination regarding the Legal Action. We may freeze the assets in the Account even if the Legal Action does not involve all of the Account holders. We have no liability to you if there are insufficient remaining funds to p a y Items because we withdrew or restricted access to the funds in your Account due to the Legal Action. Your Account will be charged a fee for handling the Legal Action as stated in the Fee Schedule for Consumer AccountsSchedule. We may also charge your Account for all additional fees and expenses we incur in connection with the Legal Action (including reasonable attorneys’ fees and our internal expenses).

Appears in 1 contract

Samples: us.cibc.com

Time is Money Join Law Insider Premium to draft better contracts faster.