Overdraft Charges definition
Examples of Overdraft Charges in a sentence
To the extent the portion of the Net Settlement Fund allocated to pay Sufficient Funds Overdraft Charges is not sufficient to make full payment for all such charges, it shall be distributed on a pro rata basis.
Class Members who were not assessed Eligible Regulation E Overdraft Charges shall not receive a Claim Form.
Those Settlement Class Members who, according to the data provided to Plaintiffs’ expert, were assessed one or more Eligible TD Available Balance Business Overdraft Charges and whose Business Accounts were closed with $75.00 or more owed to TD Bank for Overdraft Fees, other TD Bank fees, and overdrafts the Bank paid but for which the Bank was not reimbursed, may be entitled to be credited with a portion of the Overdraft Forgiveness Amount.
Those Class Members who have been assessed Eligible Regulation E Overdraft Charges shall be provided a Claim Form with the Notice.
If the total amount of Eligible Regulation E Overdraft Charges claimed is less than the full Reg.
E Part”) comprised of twenty percent (20%) of the Net Settlement Fund, shall be made available to members of the Regulation E Class who incurred Regulation E Overdraft Charges that were not reversed within 30 days after they were assessed (“Eligible Regulation E Overdraft Charges”).
Upon the occurrence of the Effective Date, Defendant also shall forgive and release any claims it may have to collect any Sufficient Funds Overdraft Charges and Regulation E Overdraft Charges that have been assessed against Class Members but not collected by Defendant.
Regulation E Class Members who were assessed Eligible Regulation E Overdraft Charges shall be entitled to make a claim for a refund of up to ten (10) such fees.
In addition, if a Default occurs, in limited circumstances (e.g. you can access the Program only with paper Items) we can set off against amounts you have on deposit with us to the extent Overdraft(s) and Overdraft Charge(s) remain unpaid after the applicable Due Date.
If we terminate your use of the Program, the entire unpaid balance of your Overdraft Protection Limit will be immediately due and payable, without prior notice except as may be required by law, and you agree to pay that amount plus all outstanding Overdraft Charges and other amounts due under this Agreement.