Termination of Accounts. Upon termination of the Participant’s Account in any manner provided for in this Section, this Custodial Agreement shall be considered to be rescinded and of no force and effect and the Custodian and the Program Sponsor shall be relieved from all further liability with respect to this Custodial Agreement, any Custodial or Participant Account, and all assets thereof so distributed.
Termination of Accounts. You may, subject to satisfaction and discharge of your indebtedness, liability or other obligation to us, close your Account at any time by giving to us prior written notice of not less than seven (7) days. SoFi HK may close your Account or terminate any services provided to you at any time and for any reason. Closing an Account or terminating any services will not affect the rights and obligations of either party incurred prior thereto. Notwithstanding the above, if an account is closed with a credit balance which is equal to or less than HK$10 in your Account, SoFi HK may charge a processing fee (on such basis as SoFi HK may from time to time determine and notified to you) for closing your Account and debit such fee to your Account.
Termination of Accounts. (a) We may terminate any one or more of the Account(s):
Termination of Accounts. In accordance with the terms of the Membership and Account Agreement, we may terminate your account if there has been any misrepresentation, account abuse or if we reasonably deem it necessary to prevent loss to the credit union.
Termination of Accounts. 6.1. You may terminate your use of the Service and close your account at any time. Any accrued amount will be forfeited if you close your account. These Terms will apply until your account has been closed. Information on how to close your account can be found in the Service or by asking a Wehype representative.
Termination of Accounts. On the Termination Date all Permitted Investments in each Account shall (at the written direction of the Borrower) be liquidated or transferred to, and all remaining funds in each Account shall be remitted to (or at the written direction of) the Borrower and the Accounts shall be closed.
Termination of Accounts. Each Credit Party shall close a Concentration Account or Loan Proceeds Account (and establish replacement accounts in accordance with the terms of this Annex C) promptly and in any event within ninety (90) days unless otherwise approved by Administrative Agent following notice from Administrative Agent if the total assets of such Concentration Account Bank or Loan Proceeds Account Bank, as applicable, are less than $1,000,000,000.
Termination of Accounts. The Account Owner or the Board may termi- nate an Account, and the Board may terminate the Plan, in accordance with the Act, Section 529, and/or the Plan Regulations at any time. If the Board or the Program Manager finds that the Account Owner or a designated beneficiary has provided false or misleading information to the Board or an Eligible Institution of Higher Education with respect PLAN DESCRIPTION AND PARTICIPATION AGREEMENT to an Account, the Board may terminate the Account. The remaining Account balance will be distributed to the Account Owner and contri- butions and earnings thereon will be subject to federal and any appli- cable state taxes, including the additional 10 percent federal tax penalty on earnings for non-qualified distributions.
Termination of Accounts. You may give us Instructions to close any account. In the case of joint account holders, Instructions to close an account must be given by all of you. We reserve the right to close your account(s) without giving a reason for such a decision. Closure will normally only occur when all liabilities of yours have been paid. Termination of any account and/or service provided under this Agreement may not affect your remaining account(s) and or service(s).
Termination of Accounts. The Participant, the Program Manager, or the Trustee may terminate an Account as provided under the Act, the Code, or the Advisor Program rules. If the Trustee, or the Program Manager finds that the Participant or a Beneficiary has provided false or misleading information to the Trustee, the Program Manager, or an Eligible Educational Institution with respect to an Account, the Trustee, the Program Manager, may terminate the Account. The remaining Account balance may be distributed to the Participant and may be treated as a Non-Qualified Withdrawal that is subject to all applicable federal and state and/or local taxes, potentially including the additional 10% federal tax on earnings, for which the Participant shall be liable.
