Common use of OVERDRAFT PROTECTION Clause in Contracts

OVERDRAFT PROTECTION. If we approve overdraft protection, you may access your line of credit account by overdrawing your checking account. We willtreat any overdraft item as a request for a loan advance on your line of credit. Overdraft transfers will be made in amounts sufficient to cover the overdrawn item. You understand that any owner on your checking account may obligate you to repay overdraft advances by overdrawing the checking account.

Appears in 22 contracts

Samples: Credit   Card   Agreement, Credit   Card   Agreement, Credit   Card   Agreement

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OVERDRAFT PROTECTION. If we approve overdraft protection, you may access your line of credit account by overdrawing your checking account. We willtreat will treat any overdraft item as a request for a loan advance on your line of credit. Overdraft transfers will be made in amounts sufficient to cover the overdrawn item. You understand that any owner on your checking account may obligate you to repay overdraft advances by overdrawing the checking account.

Appears in 14 contracts

Samples: Credit Card Agreement, Credit   Card   Agreement, Classic Credit Card Agreement

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OVERDRAFT PROTECTION. If we approve overdraft protection, you may access your line of credit account by overdrawing your checking account. We willtreat will treat any overdraft item as a request for a loan advance on your line of creditcredit account. Overdraft transfers will be made in amounts sufficient to cover the overdrawn item. You understand that any owner on your checking account may obligate you to repay overdraft advances by overdrawing the checking account.

Appears in 14 contracts

Samples: Visa   Business   Credit   Card   Agreement   and   Disclosure, Visa   Business   Credit   Card   Agreement   and   Disclosure, Visa   Business   Credit   Card   Agreement   and   Disclosure

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