Account Closed definition

Account Closed or any other reason will immediately cause the account to become delinquent and thereafter placed in a collection status which may include referral to a collection agency; in addition to there will be a $30.00 return check charge for any returned payments.
Account Closed. The Buyer will compensate the Seller for processing of drafts as described in this Section according to the compensation arrangement set forth in Section 4.6.
Account Closed means the financial institution closed the

Examples of Account Closed in a sentence

  • Applicant will be in default under this Agreement if any of the following happen: Account Closed.

  • Where an employee re- ceives a check from an Employer and the employee cashes or deposits said check and it is returned by the bank marked N.S.F. or Account Closed, the Employer shall pay a penalty of $75.00 to the employee who re- ceived such check.

  • After the applicable Direct Deposit Cut-Off Date, Seller may discontinue accepting and forwarding automated clearing house and FedWire entries and funds and return such direct deposits to the originators marked "Account Closed." Seller shall not be liable for any overdrafts that may thereby be created.

  • Thereafter, Seller may discontinue forwarding such entries and return them to the originators marked "Account Closed." Purchaser and Seller shall agree on a reasonable period of time prior to the Closing during which Seller will not longer be obligated to accept new direct debit arrangements related to the Branches.

  • After the ninety (90) day period, Seller may return such items marked "Account Closed".

  • Thereafter, Seller may discontinue forwarding such entries and return them to the originators marked "Account Closed." Purchaser and Seller shall agree on a reasonable period of time prior to the Closing during which Seller will no longer be obligated to accept new direct debit arrangements related to the Branches.

  • If a payment is made on an account by check, and the check is returned as Non-Sufficient Funds (NSF), Account Closed (AC), or Refer to Maker (RTM), the Patient or the Patient’s Responsible Party will be responsible for the original check amount in addition to a $35.00 check service charge.

  • Thereafter, Seller may discontinue forwarding such entries and return them to the originators marked "Account Closed".

  • If a payment is made on an account by check, and the check is returned as Non-Sufficient Funds (NSF), Account Closed (AC), or Refer to Maker (RTM), the patient or the Patient’s Responsible Party will be responsible for the original check amount in addition to a $35.00 service charge.

  • After the ninety (90) calendar day period, Seller may return such items marked "Account Closed".