Common use of Non-Sufficient Funds Transfers Clause in Contracts

Non-Sufficient Funds Transfers. In the event you receive any funds which exceed your existing balance or any available line-of-credit, you are responsible for immediate repayment of the excess amount received. You are also responsible for payment of any fees charged according to the credit union “Fee Schedule”, and any attorney fees or costs incurred in collecting any excess amount or fees.

Non-Sufficient Funds Transfers. In the event you receive any funds which exceed your existing balance or any available line-of-credit, you are responsible for immediate im- mediate repayment of the excess amount received. You are also responsible for payment of any fees charged according to the credit union “Fee Schedule”, and any attorney fees or costs incurred in collecting any excess amount or fees.