Account Closure Fee definition
Examples of Account Closure Fee in a sentence
If you make a request for redemption more than 12 months after the date on which this Agreement ends under Clause 12 an Account Closure Fee may be charged (where specified).
If you make a request for redemption more than 12 months after the date on which this Agreement ends under Clause 12an Account Closure Fee may be charged (where specified).
In the event that you make a request for redemption more than 12 months after the Expiry Date and before termination of the contract an Account Closure Fee may be charged (where specified).
IRA Term Share Certificate Accounts are subject to an IRA Account Closure Fee if transferred to another custodian.
If there are insufficient funds in the Advance Link Account-i, the Customer authorises the Bank to deduct the Premature Account Closure Fee from the linked Advance Account-i or any other credit balance held with the Bank.
Merchant agrees that the Account Closure Fee is not a penalty, but rather is reasonable in light of the financial harm caused by Merchant’s early termination.
Merchant may also terminate this Agreement as follows: (a) Upon Bank’s or Company’s default of any material obligation to Merchant hereunder and the failure of Bank or Company to cure such default within thirty (30) days after written notice of such default is received; (b) Upon written notice of non- renewal at least ninety (90) days prior to the commencement of any Renewal Term; or (c) On thirty (30) days’ notice of termination accompanied by payment of the Account Closure Fee.
Card Delivery Fee 7-10 Business Days $0.00 3 Business Days $20.00 1-2 Business Days $25.00 Account Closure Fee $15.00 Per check requested to return funds at Account closure.
Merchant may terminate this AGREEMENT as follows: (a) Upon Bank’s and/or Company’s default of any material obligation to Merchant thereunder and the failure of Bank and/or Company to cure such default within thirty (30) days after written notice of such default; (b) Upon written notice of non-renewal at least ninety (90) days prior to the commencement of any Renewal Term; or (c) On thirty (30) days’ notice of termination accompanied by payment of the Account Closure Fee.
The Administrative Account Closure Fee described in the Pricing Schedule will be charged to you if we terminate the MMA because: (a) we have reason to believe that fraudulent transactions or other activity prohibited by the MMA is occurring; (b) such termination action is necessary to prevent loss to us, (c) you appear on any card or payment network or other fraud, prohibited, or security reporting list; or (d) any Event of Default occurs which continues past any applicable cure period.