Limitation on Number and Amount of Transactions Sample Clauses

Limitation on Number and Amount of Transactions. Transfers from an Account that is a savings account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per month or statement cycle. Online Banking cannot be used for transfers to or from a certificate of deposit. Online Banking may only be used to initiate a Xxxx Pay transaction from an Account that is a checking account.
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Limitation on Number and Amount of Transactions. Transfers from an Account that is a savings account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per month or statement cycle. Mobile Banking cannot be used for transfers to or from a certificate of deposit. Mobile Banking may only be used to initiate a Bill Pay transaction from an Account that is a checking account.
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Limitation on Number and Amount of Transactions. You may use all of the above-described EFT services except preauthorized transfers and certain telephone xxxx payments as often as you like. Preauthorized transfers and telephone xxxx payments from savings accounts or any money market savings account ("MMDA") are limited to six per monthly statement cycle for purposes of transferring funds to another account you maintain at the Bank or for making a payment to a third party. Of the six transfers, only three can be made to a third party. The Bank is not considered a third party for purposes of this limitation where the transfers are for purposes of repaying loans and associated expenses. You may withdraw up to $500.00 per day through use of your ATM Card or Debit Card at ATM Terminals. The Bank will limit the amount of purchases you can make with the Debit Card to $1,000.00 per day. Upon issuance of your Card or upon notice to you at any later date, the Bank may limit this amount to $50.00 or $100.00 per day. You have the option of limiting the amount you may withdraw in any one day to $50.00, or to any other amount agreed upon by you and the Bank, and of limiting access through a Terminal to one or more specified accounts. These limits will become effective within 10 days of the Bank receiving written notice that you desire such a limit. Time of Transaction: All deposit or payment transactions are subject to proof and verification, which may result in a delay in the crediting of such transactions to your account, particularly when the transaction occurs on or immediately preceding a Sunday or bank holiday. For availability rules, see the Funds Availability Disclosure available from the Bank.
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Related to Limitation on Number and Amount of Transactions

  • Limitations on Frequency and Dollar Amounts of Transactions We impose certain limitations on the number or dollar amount of transactions you can make with your Card. Detailed at the end of this Agreement is a table of limitations that apply to the Card. For security reasons, we may further limit the number or dollar amount of transactions you can make with your Card. We may increase or decrease these limits from time to time in our sole discretion and, to the extent permitted by applicable law, without prior notice to you.

  • Allocation of Tranche Write-up Amounts to the Reference Tranches On each Payment Date on or prior to the Termination Date, the Tranche Write-up Amount, if any, for such Payment Date will be allocated to increase the Class Notional Amount of each Class of Reference Tranche in the following order of priority until the cumulative Tranche Write-up Amounts allocated to each such Class of Reference Tranche is equal to the cumulative Tranche Write-down Amounts previously allocated to such Class of Reference Tranche on or prior to such Payment Date:

  • Allocation of Tranche Write-down Amounts to the Reference Tranches On each Payment Date on or prior to the Termination Date, the amount, if any, of the Tranche Write- down Amount for that Payment Date will be allocated, first, to reduce any Overcollateralization Amount for such Payment Date, until such Overcollateralization Amount is reduced to zero, and, second, to reduce the Class Notional Amount of each Class of Reference Tranche in the following order of priority, in each case until its Class Notional Amount is reduced to zero:

  • Types of Transactions Purchases You may make purchases of goods and services with your account. You may make such purchases up to the amount of your available credit limit.

  • How Are Contributions to a Xxxx XXX Reported for Federal Tax Purposes You must file Form 5329 with the IRS to report and remit any penalties or excise taxes. In addition, certain contribution and distribution information must be reported to the IRS on Form 8606 (as an attachment to your federal income tax return.)

  • Settlement of Transactions 1. The Company shall proceed to a settlement of all transactions upon execution of such transactions.

  • Calculation of Liquidation Amount Upon the occurrence of a Liquidation Date:

  • Documentation of Transfers You can receive a transaction receipt at the time you make any transfer to, from, or between your account(s) using an ATM. · If you have arranged to have direct deposits (which are electronic funds transfers as described in Section 4) made to your asset account(s) at least once every 60 days from the same person or company, the person or company making the deposit will tell you every time they send us the money. You may visit any branch, call us at 000-000-0000 or 000-000-0000, or access your transaction history via ComputerLine, MoneyLine, Green on the Go® for mobile, or the MSUFCU Mobile app to find out whether the deposit has been made. · You will get a statement every month if you have authorized any electronic funds transfer service described in Section 4. If no electronic funds transfer occurs in a particular calendar quarter, you will still receive a statement for that quarter. However, for an asset account to which you have authorized no electronic funds transfers other than preauthorized credits, you will get a statement quarterly. On any account considered dormant, a statement will be sent to you annually. · Periodic statements we send you on accounts that are subject to electronic funds transfers described in Section 4 and transaction receipts issued by an ATM are admissible evidence. · Your right to documentation as set forth above in this section does not apply when the electronic funds transfer occurs outside of the United States.

  • Authorization of Transaction The Buyer has full power and authority (including full corporate power and authority) to execute and deliver this Agreement and to perform its obligations hereunder. This Agreement constitutes the valid and legally binding obligation of the Buyer, enforceable in accordance with its terms and conditions.

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