Common use of Account Changes Clause in Contracts

Account Changes. Any account holder or person authorized to sign on an account is required to notify us in writing if any account holder or other person authorized to sign on an account dies or is declared incompetent by a court. It is your responsibility to notify us of any change in your address or name. We are required to honor items drawn only on the listed Account name. Further, we are required to attempt to communicate with you only at the most recent address provided to us. ACCOUNT TERMINATION. You and we agree that either of us may close your Account and terminate this Agreement at any time with or without cause. 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 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 immediately upon account closure. You may close any of your accounts by notifying us in writing. We will consider your Account closed if the balance in your account reaches a zero balance. When an interest-bearing account is closed, there may be accrued interest that has not been credited to the account. In that case, we will pay you the interest UNLESS we have told you otherwise. Further, for security reasons, 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 event that we close your Account, we may mail you a Cashier's Check for the applicable remaining Account balance. The termination of this Agreement and closing of an account will not release you from any fees or other obligations incurred prior to the date upon which this Agreement is terminated and an account closed, any fees assessed by us in the process of closing an account, or from your responsibility to maintain sufficient funds in an account to cover any outstanding checks or other debit items.

Account Changes. Any account holder or person authorized to sign on an account is required to notify us in writing if any account holder or other person authorized to sign on an account dies or is declared incompetent by a court. It is your responsibility to notify us of any change in your address or name. We are required to honor items drawn only on the listed Account name. Further, we are required to attempt to communicate with you only at the most recent address provided to us. ACCOUNT TERMINATION. You and we agree that either of us may close your Account and terminate this Agreement at any time with or without cause. 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 immediately at least forty-five (45) calendar days prior to the date upon which an account closurewill be closed and this Agreement terminated. You agree that in instances of account abuse or to prevent a loss, notice is reasonably given by us if mailed immediately upon account closure. You may close any of your accounts by notifying us in writing. We will consider your Account closed if When we receive written instructions from the depositor(s), account balance in your account reaches remains overdrawn or at a zero balancebalance for a period of 45 days or more. When an interest-interest bearing account is closed, there may be accrued interest that has not been credited to the account. In that case, we will pay you the interest UNLESS we have told you otherwise. Further, for security reasons, 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 event that we close your Account, we may mail you a Cashier's ’s Check for the applicable remaining Account balance. The termination of this Agreement and closing of an account will not release you from any fees or other obligations incurred prior to the date upon which this Agreement is terminated and an account closed, any fees assessed by us in the process of closing an account, or from your responsibility to maintain sufficient funds in an account to cover any outstanding checks or other debit items.

Account Changes. Any account holder owner or person authorized to sign on an account is required to notify us in writing if any account holder owner or other person authorized to sign on an account dies or is declared incompetent by a court. It is your responsibility to notify us of any change in your address or name. We are required to honor items drawn only on the listed Account name. Further, we are required to attempt to communicate with you only at the most recent address provided to us. ACCOUNT TERMINATION. You and we agree that either of us may close your Account and terminate this Agreement at any time with or without cause. 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 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 immediately upon account closure. You may close any of your accounts by notifying us in writing. We will consider your Account closed if the balance in your account reaches When a zero balance. When an interest-dividend bearing account is closed, there may be accrued interest dividends that has have not been credited to the account. In that case, we will pay you the interest dividends UNLESS we have told you otherwise. Further, for security reasons, 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 drafts 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 checksdrafts. You agree to hold us harmless for refusing to honor any check draft drawn on a closed account. In the event that we close your Account, we may mail you a Cashier's ’s Check for the applicable remaining Account balance. The termination of this Agreement and closing of an account will not release you from any fees or other obligations incurred prior to the date upon which this Agreement is terminated and an account closed, any fees assessed by us in the process of closing an account, or from your responsibility to maintain sufficient funds in an account to cover any outstanding checks drafts or other debit items.

Account Changes. An Account Holder desiring to change the form of an Account, or to stop payment or vary payment under the terms of the Account, must give us written notice to effect the change. The notice must be signed by the Account Holder, be received by us during the Account Xxxxxx’s lifetime, and not be countermanded by further written order by the Account Holder during the Account Holder’s lifetime. Any account holder other person having a present right to payment by the terms of the Account must effect any change to the terms of the Account in the same manner. Any Account Holder or person authorized to sign on an account Account is required to notify us in writing if any account holder Account Holder or other person authorized to sign on an account Account dies or is declared incompetent by a court. It is your responsibility to notify us of any change in your address or name. We are required to honor items drawn only on the listed Account name. Further, we are required to attempt to communicate with you only at the most recent address provided to us. ACCOUNT TERMINATION. You and we agree that either of us TERMINATION We may close your Account and terminate this Agreement at any time with or without cause. 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 lossyou. You agree that advance written notice from us will be reasonable if it is mailed to your statement mailing address 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 immediately upon account closure. You may close any of your accounts by notifying us in writing. We W e will consider your Account closed if the balance we close your Account, if you request your Account be closed or if you withdraw all funds in your account reaches a zero balance. When an interest-bearing account is closed, there may be accrued interest that has not been credited to the account. In that case, we will pay you the interest UNLESS we have told you otherwiseAccount. Further, for security reasons, we may require you to close your Account and to open a new account if: Account if (a) there is a change in authorized signers; , (b) there has been a forgery or fraud reported or committed involving your Account; , (c) any Account checks are lost or stolen; , (d) you have too many transfers from your Account; or, (e) any other provision of our Agreement agreement with you is violated. If we close your Account, we may send you written notice that the Account is closed on the date we close the Account. You agree to notify us of your intention to close your Account, and we hereby reserve the right to request the notice in writing. 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. DISPUTES INVOLVING YOUR ACCOUNT You agree to be liable to the Bank for any costs or expenses, including reasonable attorney’s fees that the Bank incurs as a result of any dispute involving your account, and you authorize the Bank to deduct any such costs or expenses from your account without prior notice to you. This obligation includes disputes between you and the Bank involving the account and situations where the Bank becomes involved in disputes between you and an authorized signer, another joint owner, or a third party claiming an interest in the account. At our request or your request, a dispute concerning your account will be decided by arbitration under the commercial arbitration rules of the American Arbitration Association. Arbitration involves the review and resolution of the dispute by a neutral party or parties. It will be used in place of a trial before a judge or jury in a formal court of law. SHARING INFORMATION In addition to situations described elsewhere in the event that we close Deposit Account Agreement and Disclosure or other agreements related to your Account, we may mail will disclose information about your Account and transfers and deposits you a Cashier's Check make when we are required to do so by statute or by court or governmental agency order, or when you give us written direction to do so. Unless specifically prohibited by applicable state law, we may, at our discretion, disclose information about your Account and transfers and deposits you make for the applicable remaining Account balancepurpose of verifying or completing a transaction or to verify the existence and condition of your Account. The termination of this Agreement You authorize us to request and closing of an account will not release obtain one or more credit reports about you from one or more credit reporting agencies for the purposes of considering your application for the Account, reviewing or collecting any fees or other obligations incurred prior to the date upon which this Agreement is terminated and an account closed, any fees assessed by us in the process of closing an accountAccount opened for you, or from for any other legitimate business purpose. You authorize us to disclose information about your responsibility Account to maintain sufficient funds a credit reporting agency if your Account was closed because you have abused it. Unless otherwise instructed by you, in an account accordance with applicable law, we may also provide certain other information about you or your Account to cover any outstanding checks our subsidiaries or other debit itemsaffiliates (persons related by common ownership or affiliated by corporate control) in relation to products or services they may offer.