Common use of Overdrafts; Set-off Clause in Contracts

Overdrafts; Set-off. Bank may, but shall not be obligated to, complete any transaction in connection with providing the Services if there are insufficient Available Funds in Customer's Account(s) to complete the transaction. In the event any actions by Customer result in an overdraft in any of Customer's Accounts, including but not limited to Customer's failure to maintain sufficient balances in any of Customer's Accounts, Customer shall be responsible for repaying the overdraft immediately and without notice or demand. Bank has the right, in addition to all other rights and remedies available to it, to set-off the unpaid balance of any amount owed it in connection with the Services against any debt owing to Customer by Bank, including, without limitation, any obligation under a repurchase agreement or any funds held at any time by Bank, whether collected or in the process of collection, or in any other Account maintained by Customer at or evidenced by any certificate of deposit issued by Bank. If any of Customer's Accounts become overdrawn, under-funded or for any reason contain a negative balance, then Bank shall have the right of set-off against all of Customer's Accounts and other property or deposit Accounts maintained at Bank, and Bank shall have the right to enforce its interests in collateral held by it to secure debts of Customer to Bank arising from notes or other indebtedness now or hereafter owing or existing under this Agreement, whether or not matured or liquidated.

Overdrafts; Set-off. The Bank may, but shall not be obligated to, complete any transaction in connection with providing the Services if there are insufficient Available Funds in Customer's Account(s) to complete the transaction. In the event any actions by Customer result in an overdraft in any of Customer's Accounts, including but not limited to Customer's failure to maintain sufficient balances in any of Customer's Accounts, Customer shall be responsible for repaying the overdraft immediately and without notice or demand. The Bank has the right, in addition to all other rights and remedies available to it, to set-off the unpaid balance of any amount owed it in connection with the Services against any debt owing to Customer by the Bank, including, without limitation, any obligation under a repurchase agreement or any funds held at any time by the Bank, whether collected or in the process of collection, or in any other Account maintained by Customer at or evidenced by any certificate of deposit issued by the Bank. If any of Customer's Accounts become overdrawn, under-funded or for any reason contain a negative balance, then the Bank shall have the right of set-off against all of Customer's Accounts and other property or deposit Accounts maintained at the Bank, and the Bank shall have the right to enforce its interests in collateral held by it to secure debts of Customer to the Bank arising from notes or other indebtedness now or hereafter owing or existing under this Agreement, whether or not matured or liquidated.

Overdrafts; Set-off. Bank may, but shall not be obligated to, complete any transaction in connection with providing the Services if there are insufficient Available Funds in Customer's ’s Account(s) to complete the transaction. In the event any actions by Customer result in an overdraft in any of Customer's ’s Accounts, including but not limited to Customer's ’s failure to maintain sufficient balances in any of Customer's ’s Accounts, Customer shall be responsible for repaying the overdraft immediately and without notice or demand. Bank has the right, in addition to all other rights and remedies available to it, to set-off the unpaid balance of any amount owed it in connection with the Services against any debt owing to Customer by Bank, including, without limitation, any obligation under a repurchase agreement or any funds held at any time by Bank, whether collected or in the process of collection, or in any other Account maintained by Customer at or evidenced by any certificate of deposit issued by Bank. If any of Customer's ’s Accounts become overdrawn, under-funded or for any reason contain a negative balance, then Bank shall have the right of set-off against all of Customer's ’s Accounts and other property or deposit Accounts maintained at Bank, and Bank shall have the right to enforce its interests in collateral held by it to secure debts of Customer to Bank arising from notes or other indebtedness now or hereafter owing or existing under this Agreement, whether or not matured or liquidated.

Overdrafts; Set-off. Bank may, but shall not be obligated to, complete any transaction in connection with providing the Services if there are insufficient Available Funds available funds in Customer's ’s Account(s) to complete the transaction. In the event any actions by Customer result in an overdraft in any of Customer's ’s Accounts, including but not limited to Customer's ’s failure to maintain sufficient balances in any of Customer's ’s Accounts, Customer shall be responsible for repaying the overdraft immediately and immediately, without notice or demand. Bank has the right, in addition to all other rights and remedies available to it, to set-set off the unpaid balance of any amount owed it in connection with the Services against any debt owing to Customer by Bank, including, without limitation, any obligation under a repurchase agreement or any funds held at any time by Bank, whether collected or in the process of collection, or in any other Account maintained by Customer at at, or evidenced by any certificate of deposit issued by by, Bank. If any of Customer's ’s Accounts become overdrawn, under-under- funded or for any reason contain a negative balance, then Bank shall have the right of set-off against all of Customer's ’s Accounts and other property or deposit Accounts maintained at Bank, and Bank shall have the right to enforce its interests in collateral held by it to secure debts of Customer to Bank arising from notes or other indebtedness now or hereafter owing or existing under this Agreement, whether or not matured or liquidated.

Overdrafts; Set-off. Bank We may, but shall not be obligated to, complete any transaction in connection with providing the Services hereunder if there are insufficient Available Funds in Customer's your Account(s) to complete the transaction. In the event any actions by Customer result in an overdraft in any of Customer's Accountsyour Accounts should occur with respect to the Services, including but not limited to Customer's as a result of your failure to maintain sufficient balances in any of Customer's your Accounts, Customer you shall be responsible for repaying the overdraft immediately and immediately, as well as any applicable overdraft fee, without notice or demand. Bank has We have the right, in addition to all other rights and remedies available to itus, to set-off the unpaid balance of any amount owed it us in connection with the Services against any debt owing to Customer you by Bankus, including, without limitation, any obligation under a repurchase agreement or any funds held at any time by the Bank, whether collected or in the process of collection, or in any other Account maintained by Customer at you at, or evidenced by any certificate of deposit issued by by, the Bank. If any of Customer's your Accounts become overdrawn, under-funded or for any reason contain a negative balance, then Bank we shall have the right of set-set- off against all of Customer's your Accounts and other property or deposit Deposit Accounts maintained at the Bank, and Bank we shall have the right to enforce its our interests in collateral held by it us to secure your debts of Customer to the Bank arising from notes or other indebtedness now or hereafter owing or existing under this Agreement, whether or not matured or liquidated.

Overdrafts; Set-off. Bank mayIn addition to but not in lieu of the terms of the Account Agreement, but shall not be obligated to, complete any transaction in connection with providing the Services if there are insufficient Available Funds in Customer's Account(s) to complete the transaction. In the event any actions by Customer or the Initiating Institution hereunder result in an overdraft in any of Customer's Accounts’s deposit accounts with Bank, including but not limited to Customer's ’s failure to maintain sufficient balances in any of Customer's Accounts’s Account with respect to the Service, Customer shall be responsible for repaying the overdraft immediately and without notice or demand. Bank has the right, in addition to all other rights and remedies available to it, to set-off the unpaid balance of any amount owed it in connection with the Services Service against any debt owing to Customer by Bank, including, without limitation, any obligation under a repurchase agreement or any funds held at any time by Bank, whether collected or in the process of collection, or in any other Account deposit account maintained by Customer at Bank or evidenced by any certificate of deposit issued by Bank. If any of Customer's Accounts ’s deposit accounts with Bank become overdrawn, under-under- funded or for any reason contain a negative balance, then Bank shall have the right of set-off against all of Customer's Accounts ’s deposit accounts and other property or deposit Accounts maintained at Bank, and Bank shall have the right to enforce its interests in collateral held by it to secure debts of Customer to Bank arising from notes or other indebtedness now or hereafter owing or existing under this Agreement, whether or not matured or liquidated.

Overdrafts; Set-off. Bank ‌ We may, but shall not be obligated to, complete any transaction in connection with providing the Services hereunder if there are insufficient Available Funds in Customer's your Account(s) to complete the transaction. In the event any actions by Customer result in an overdraft in any of Customer's Accountsyour Accounts should occur with respect to the Services, including but not limited to Customer's as a result of your failure to maintain sufficient balances in any of Customer's your Accounts, Customer you shall be responsible for repaying the overdraft immediately and immediately, as well as any applicable overdraft fee, without notice or demand. Bank has We have the right, in addition to all other rights and remedies available to itus, to set-off the unpaid balance of any amount owed it us in connection with the Services against any debt owing to Customer you by Bankus, including, without limitation, any obligation under a repurchase agreement or any funds held at any time by the Bank, whether collected or in the process of collection, or in any other Account maintained by Customer at you at, or evidenced by any certificate of deposit issued by by, the Bank. If any of Customer's your Accounts become overdrawn, under-funded or for any reason contain a negative balance, then Bank we shall have the right of set-off against all of Customer's your Accounts and other property or deposit Deposit Accounts maintained at the Bank, and Bank we shall have the right to enforce its our interests in collateral held by it us to secure your debts of Customer to the Bank arising from notes or other indebtedness now or hereafter owing or existing under this Agreement, whether or not matured or liquidated.