Common use of Member Repayment Responsibility Clause in Contracts

Member Repayment Responsibility. You agree that your overdraft balance, including applicable overdraft fees, is due and payable upon demand. If there is more than one owner on an account, all owners are jointly and severally liable for repayment of the overdraft balance. If you fail to repay your overdraft balance, we may immediately suspend the overdraft service. Accounts will be closed for failure to repay overdraft balances, and we will report account closures to credit reporting agencies.

Appears in 1 contract

Samples: Action Waiver Agreement

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Member Repayment Responsibility. You agree that your overdraft balance, including applicable overdraft fees, is due and payable upon demand. If there is more than one owner on an account, all owners are jointly and severally liable for repayment of the overdraft balance. If you fail to repay your overdraft balance, we Accounts may immediately suspend the overdraft service. Accounts will be closed for failure to repay overdraft balances, balances and we will be subject to collection and any other legal remedy. We will report account closures to consumer and/or credit reporting agencies.

Appears in 1 contract

Samples: Account Agreement

Member Repayment Responsibility. You agree that your overdraft balance, including applicable overdraft fees, is due and payable upon demand. If there is more than one owner on an account, all owners are jointly and severally liable for repayment of the overdraft balance. If you fail to repay your overdraft balance, we Accounts may immediately suspend the overdraft service. Accounts will be closed for failure to repay overdraft balances, balances and we will be subject to collection and any other legal remedy. We will report account closures to consumer and/ or credit reporting agencies.

Appears in 1 contract

Samples: Account Agreement

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Member Repayment Responsibility. You agree that your overdraft balance, including applicable overdraft fees, is due and payable upon demand. If there is more than one owner on an account, all owners are jointly and severally liable for repayment of the overdraft balance. If you fail to repay your overdraft balancebalance within 15 days of notice from us, we may immediately suspend the overdraft service. Accounts will may be closed for failure to repay overdraft balances, balances and we will report account closures to credit consumer reporting agencies.

Appears in 1 contract

Samples: Account Agreement

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