Common use of OVERDRAFT PROTECTION Clause in Contracts

OVERDRAFT PROTECTION. We may transfer funds in multiples of $100.00 (or in such increments as We may from time to time determine) to Your share draft account by an advance on Your Line of Credit Feature Category, subject to this provision, to clear any overdraft on Your share draft account. Whether or not such transfers occur will be controlled by this Agreement. In any event, You hold Us harmless for any and all liability which might otherwise arise if the transfer does not occur. Overdraft protection automatically ceases if this Agreement is ever cancelled or terminated or Your Account is in default.

Appears in 6 contracts

Samples: Agreements and Disclosures, Agreements and Disclosures, Agreements and Disclosures

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OVERDRAFT PROTECTION. We may transfer funds in multiples of $100.00 (or in such increments as We may from time to time determine) to Your share draft account by an advance on Your Overdraft Line of Credit Feature Category, subject to this provision, to clear any overdraft Overdraft on Your share draft account. Whether or not such transfers occur will be controlled by this Agreement. In any event, You hold Us harmless for any and all liability which might otherwise arise if the transfer does not occur. Overdraft protection automatically ceases if this Agreement is ever cancelled or terminated or Your Account is in default.

Appears in 5 contracts

Samples: Credit Line Account Agreement, Credit Line Account Agreement, www.cudenver.com

OVERDRAFT PROTECTION. We may transfer funds in multiples of $100.00 the amount necessary (or in such increments as We may from time to time determine) to Your share draft account by an advance on Your Line of Credit Feature CategoryAccount, subject to this provision, to clear any overdraft on Your share draft account. Whether or not such transfers occur will be controlled by this Agreement. In any event, You hold Us harmless for any and all liability which might otherwise arise if the transfer does not occur. Overdraft protection automatically ceases if this Agreement is ever cancelled or terminated or Your Account is in default.

Appears in 1 contract

Samples: alluscu.com

OVERDRAFT PROTECTION. We may transfer funds in multiples of $100.00 the amount necessary (or in such increments as We may from time to time determine) to Your share draft account by an advance on Your Line of Credit Feature Category, subject to this provision, to clear any overdraft on Your share draft account. Whether or not such transfers occur will be controlled by this Agreement. In any event, You hold Us harmless for any and all liability which might otherwise arise if the transfer does not occur. Overdraft protection automatically ceases if this Agreement is ever cancelled or terminated or Your Account is in default.

Appears in 1 contract

Samples: www.rivercityfcu.org

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OVERDRAFT PROTECTION. We may transfer funds in multiples of $100.00 the amount necessary (or in such increments as We may from time to time determine) to Your share draft account by an advance on Your Personal Line of Credit Feature Category, subject to this provision, to clear any overdraft on Your share draft account. Whether or not such transfers occur will be controlled by this Agreement. In any event, You hold Us harmless for any and all liability which might otherwise arise if the transfer does not occur. Overdraft protection automatically ceases if this Agreement is ever cancelled or terminated or Your Account is in default.

Appears in 1 contract

Samples: www.afcu.org

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