Minimum Balance. Merchant agrees to maintain a minimum balance of funds in the Settlement Account as Bank may specify to Merchant in writing from time to time.
Minimum Balance. You must always maintain a minimum of $5.00 in your Spartan Saver to be entitled to make electronic funds transfers affecting your account(s). We reserve the right to increase minimum balance requirements or to impose other restrictions in the future.
Minimum Balance. THE CUSTOMER shall maintain at all times the minimum balance required by THE BANK deposited in its accounts. In the event that THE CUSTOMER does not keep such minimum balance, THE BANK is entitled to collect any charges it deems appropriate, provided they are permitted by law. In addition, THE CUSTOMER undertakes to keep in his account sufficient money to pay for any withdrawals or payment orders he draws against it by any means. THE CUSTOMER shall pay at the request of THE BANK any debit balance resulting against it due to the payment of withdrawals and payment orders without sufficient funds, whether such payment has occurred with authorization from the BANK or without its knowledge. In these cases, THE BANK reserves the right to charge an interest for the advancing of funds at the current rate, plus a commission.
Minimum Balance. The minimum balance required to maintain a New Jersey Consumer Checking Account is $0.01.
Minimum Balance. 65.1. The Client should assure in each Current Bank Account the required amounts for Payment Operations performance ordered according to the Contractual Documentation.
Minimum Balance. You must always maintain a minimum of $5.00 in your Membership Share Account to be entitled to make "Electronic Fund Transfers" affecting your account. We reserve the right to increase the minimum balance requirement or to impose other restrictions in the future, but if we do so, we will give you at least 21 days advance written or email notice.
Minimum Balance. 8.1 The Bank may set a minimum balance to be maintained in the Account of which the said minimum balance may vary from one Account type to another. The minimum balance shall be subject to change from time to time upon notification to the Account holder.
Minimum Balance. Seller shall at all times maintain a balance in the Over/Under Account of not less than the Minimum Over/Under Account Balance, as set forth in the Transactions Terms Letter. The Over/Under Account shall be used to assist in settling the Transactions and any other obligations under this Agreement. Buyer shall not be required to segregate and hold funds deposited by or on behalf of Seller in the Over/Under Account separate and apart from Buyer’s own funds or funds deposited by or held for others. Upon the occurrence of a Potential Default or an Event of Default, Buyer shall have the right to increase the Minimum Over/Under Account Balance Seller is required to maintain in the Over/Under Account by giving notice to Seller thereof. If Seller fails to deposit funds in the Over/Under Account to comply with any such required increase within the time frame required by Buyer, Buyer shall have the right to retain in the Over/Under Account any amounts received by Buyer on behalf of Seller or otherwise credited to the Over/Under Account to comply with any such required increases, including, without limitation, any purchase proceeds received by Buyer from any Approved Investor pursuant to Section 4.7. Buyer shall not be liable to Seller for any costs, losses or damages arising from or relating to the increase of the Minimum Over/Under Account Balance that Seller is required to maintain in the Over/Under Account or retention of excess funds by Buyer to comply with any such increase.
Minimum Balance. You must always maintain a minimum of $5.00 in regular shares to be entitled to make “electronic fund transfers” affecting your account(s). We reserve the right to increase minimum balance requirements or to impose other restrictions in the future, but if we do so we will give you at least 21 days advance notice.
Minimum Balance. In order to obtain the disclosed annual percentage yield, you must maintain at least the minimum balance amount in the account each day throughout the entire term. If you withdraw any principal on deposit in your account before the maturity date, the remaining principal left on deposit must meet the minimum balance requirements (being the minimum opening deposit amount for your type of account) or your account will be closed. INTEREST CALCULATION. Interest is computed on the basis of a 365-day year. Interest is calculated daily. We use the daily balance method to calculate the interest on each account. This method applies a daily periodic rate (based on the interest rate in effect at the time you opened or renewed the account) to the full amount of principal in the account at the end of each day.
