Termination of the Account Sample Clauses

Termination of the Account. We reserve the right, at our sole discretion, to discontinue or limit transaction account services, to refuse further deposits or withdrawals, to decline to collect any item or to process any transaction, or to terminate the account relationship at any time. For the avoidance of doubt, and without limiting the Bank’s absolute discretion in taking any action described in the preceding sentence, the Bank may take any such action in the event of an actual, suspected, or possible violation by the Client of any provision of Section 15 of this Agreement. In the event the account is closed, the Bank will send a notice to the Client and (unless other acceptable arrangements have been made) will mail to the Client a check for the balance in the account, after any applicable service charges have been deducted, at the last address shown in our account records. We may return unpaid any items presented to us after we close the account. The Client is responsible and liable for any service charges and transactions initiated prior to an account closing.
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Termination of the Account. The Bank may terminate this Account at any time, for any reason including, but not limited, for non-payment or improper use. You may also terminate the Account(s) by giving notice that is accepted and acknowledged by the Bank. If any Account is terminated, the Customer must pay any balance owed to us, including any amount(s) not yet billed, in full. On termination, you must also return or destroy all Cards the Bank provided to you. You will continue to be responsible for any Purchases or Loans made with any of the Cards by any Cardholder or by someone authorized by the Cardholder to use the Card(s).
Termination of the Account. The Credit Union reserves the right to cancel your Card at any time. You also may cancel your Card at any time. The Card remains the property of the Credit Union. If either you or the Credit Union cancels your Card, you agree to return the Card to the Credit Union or destroy it upon the Credit Union’s request.
Termination of the Account. We reserve the right, at our sole discretion, to discontinue or limit transaction account services, to refuse further deposits or withdrawals, to decline to collect any item or to process any transaction, or to terminate the account relationship at any time. In the event the account is closed, the Bank will send a notice to the Client and (unless other acceptable arrangements have been made) will mail to the Client a check for the balance in the account, after any applicable service charges have been deducted, at the last address shown in our account records. The Client shall be responsible and liable for any service charges and transactions initiated prior to an account closing. Without limiting in any manner the generality of the foregoing, any account maintaining a zero balance for a period of sixty (60) days may be closed by the Bank or any account for which three or more checks have been returned for insufficient funds may be terminated without prior notification to you.
Termination of the Account. We reserve the right, at our sole discretion, to discontinue or limit transaction account services, to refuse further deposits or withdrawals, to decline to collect any item or to process any transaction or to terminate the Account relationship at any time. We will provide written notice to you in advance if we decide to terminate your Account relationship for any reason other than abuse of the account relationship or to prevent a loss. You agree that advance written notice from us will be reasonable if it is mailed to your statement mailing address or sent via electronic notification immediately upon account closure. You agree that in instances of account abuse or to prevent a loss, notice is reasonably given by us if mailed or sent via electronic notification immediately upon account closure. Further, for security concerns, we may require you to close your Account and to open a new account if: there is a change in authorized signers; there has been a forgery or fraud reported or committed involving your Account; any Account checks are lost or stolen; you have too many transfers from your Account; or, any other provision of our Agreement with you is violated. After the Account is closed, we have no obligation to accept deposits or pay any outstanding checks. You agree to hold us harmless for refusing to honor any check drawn on a closed Account. In the case the Account is closed, the Branch may mail to the Depositor a check for the balance in the account or send a wire transfer for , after any applicable service charges have been deducted, at the last address shown in our account records. The Depositor shall be responsible and liable for any service charges and transactions initiated prior to an account closing. You may close any of your Accounts by notifying us in writing. Without limiting in any manner the generality of the foregoing, any Account maintaining a zero balance for a period of ninety (90) days may be closed by the Branch or any Account for which three or more checks have been returned for insufficient funds may be terminated without prior notification to you.
Termination of the Account. You may terminate the Account, including the Securities Account, at any time. You understand that such termination will result in the cancellation of check-writing, check card, ATM and xxxx pay privileges. You will remain responsible, however, for the payment of charges to your Account as well as for any checks and all charges resulting from use of the check-writing, check card, ATM and Xxxx Pay privileges, in each case whether arising before or after termination. The Company in its discretion may terminate your Account and/or the related services at any time. Should your Account be terminated, you authorize the Company to redeem all Fund shares in your Account and to make the proceeds available to you after all your obligations to the Company are settled. If your Account is terminated, you will not use, and will promptly destroy, all unused checks and your check card.
Termination of the Account. Upon termination of this Agreement, the Account will be inaccessible to Customer, and all activity will be suspended. ShipRelay reserves the right to place an Account on hold for a number of reasons, including but not limited to the following:
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Termination of the Account a. We may terminate this Agreement at any time and for any reason subject to the requirements of applicable law.
Termination of the Account. In addition to Termination by default, we may terminate this Agreement at any time and for any reason subject to the requirements of applicable law. We can terminate your Account by sending written notice to the address on your application. If there is no debit or credit on this Account for twelve (12) consecutive months, we may terminate this Account without notice to you. When Termination arises as a result of default, you will not be able to apply for credit in future

Related to Termination of the Account

  • Termination of the Agreement In the event of failure by the participant to perform any of the obligations arising from the agreement, and regardless of the consequences provided for under the applicable law, the institution is legally entitled to terminate or cancel the agreement without any further legal formality where no action is taken by the participant within one month of receiving notification by registered letter. If the participant terminates the agreement before its agreement ends or if he/she fails to follow the agreement in accordance with the rules, he/she shall have to refund the amount of the grant already paid, except if agreed differently with the sending organisation. In case of termination by the participant due to "force majeure", i.e. an unforeseeable exceptional situation or event beyond the participant's control and not attributable to error or negligence on his/her part, the participant shall be entitled to receive at least the amount of the grant corresponding to the actual duration of the mobility period. Any remaining funds shall have to be refunded, except if agreed differently with the sending organisation.

  • Termination of the Trust The respective obligations and responsibilities of the Company and the Trustee with respect to the Trust shall terminate upon distribution to all Certificateholders and the Trustee of all amounts required to be distributed to them pursuant to this Agreement and the disposition of all property held as part of the Trust Property; provided, however, that in no event shall the Trust continue beyond one hundred ten (110) years following the date of the execution of this Agreement. Notice of any termination, specifying the Distribution Date upon which the Certificateholders may surrender their Certificates to the Trustee for payment of the final distribution and cancellation, shall be mailed promptly by the Trustee to Certificateholders not earlier than the 60th day and not later than the 15th day next preceding such final Distribution Date specifying (A) the Distribution Date upon which the proposed final payment of the Certificates will be made upon presentation and surrender of Certificates at the office or agency of the Trustee therein specified, (B) the amount of any such proposed final payment, and (c) that the Record Date otherwise applicable to such Distribution Date is not applicable, payments being made only upon presentation and surrender of the Certificates at the office or agency of the Trustee therein specified, (B) the amount of any such proposed final payment, and (c) that the Record Date otherwise applicable to such Distribution Date is not applicable, payments being made only upon presentation and surrender of the Certificates at the office or agency of the Trustee therein specified. The Trustee shall give such notice to the Registrar at the time such notice is given to Certificateholders. Upon presentation and surrender of the Certificates in accordance with such notice, the Trustee shall cause to be distributed to Certificateholders such final payments. In the event that all of the Certificateholders shall not surrender their Certificates for cancellation within six months after the date specified in the above-mentioned written notice, the Trustee shall give a second written notice to the remaining Certificateholders to surrender their Certificates for cancellation and receive the final distribution with respect thereto. No additional interest shall accrue on the Certificates after the Regular Distribution Date (or Special Distribution Date, as the case may be) specified in the first written notice. In the event that any money held by the Trustee for the payment of distributions on the Certificates shall remain unclaimed for two years (or such lesser time as the Trustee shall be satisfied, after sixty days' notice from the Company, is one month prior to the escheat period provided under applicable law) after the final distribution date with respect thereto, the Trustee shall pay to each Loan Trustee the appropriate amount of money relating to such Loan Trustee and shall give written notice thereof to the related Owner Trustees, the Owner Participants and the Company.

  • Termination of Participation If the Administrator determines in good faith that the Executive no longer qualifies as a member of a select group of management or highly compensated employees, as determined in accordance with ERISA, the Administrator shall have the right, in its sole discretion, to cease further benefit accruals hereunder.

  • Termination of the Contract 11.1. The Coordinator may terminate the contract if the Co-beneficiary has inadequately discharged or failed to discharge any of the contractual obligations, insofar as this is not due to force majeure, after notification of the Co-beneficiary by registered letter has remained without effect for one month.

  • Amendment, Suspension or Termination of the Plan By accepting this Award, Participant expressly warrants that he or she has received an Award of Restricted Stock Units under the Plan, and has received, read and understood a description of the Plan. Participant understands that the Plan is discretionary in nature and may be amended, suspended or terminated by the Company at any time.

  • Term and Termination of the Agreement 15.1. Term and duration of the Agreement The Standard Transmission Agreement shall enter into force on the Start Date of this Standard Transmission Agreement and shall be effective for an undetermined term.

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