Account Closing Sample Clauses

Account Closing. You or we may close the account at any time without cause. We may close it without notice to you if we reasonably believe it will prevent loss to us or you have violated this agreement. You will pay any fees and costs for closing the account, as well as any outstanding items. Our rights and your obligations survive any closing of the account or cancellation of this agreement. You will not claim we wrongfully dishonored items we return unpaid on or after the day the account was closed.
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Account Closing. We may cancel, revoke, reduce the amount of your credit line or suspend your rights under this Agreement and require the return of the Card(s) for any reason, including your default, without notice to you except in those situations where notice is required by law. You may also close the account at any time by notifying us in writing and returning all Cards. If the account is closed or we terminate or suspend your credit privileges for any reason, you must still repay any unpaid balance you owe to us including charges and or transactions not yet received by us, as well as subsequent Finance Charges and other charges according to the terms of this Agreement. Each Card is our property and you agree that the Cards are not transferable and to surrender any Card upon demand. If this is a joint account, either person who is liable on the account may give notice to cancel the account, and we may close it without notifying the other liable person.
Account Closing. If you wish to close your Deposit Account with the Bank, you agree to notify us of this intention in writing. The Bank reserves the right to require at least 7 days written notice prior to the withdrawal of your funds from an account other than a Demand Deposit Account (DDA). After a Deposit Account is closed, we have no obligation to accept deposits or pay outstanding items, but may do so at our discretion and any Access Device will no longer be active. You agree to hold us harmless for honoring or refusing to honor any check, paper draft, or other item on a closed account. It may take up to 30 days to process your account closure. A Bank check for the balance in the account will be sent to the address on file once the Bank has received all required documentation for closing the account. Required documentation includes a written, signed request to close your account and proof of identity documents if not already on file with us. Additional documents may be required in certain specific circumstances and will be requested from you if needed. All related closing fees as noted in our Schedule of Fees may be deducted from the final balance. If the balance in your account is $2.00 or less, the Bank will not send a check for the balance. Your funds will be forfeited and the Bank will retain those funds. The Bank reserves the right to close your account at any time. Internal Accounting of Balances The following is a summary of the functionality of your account. This is an explanation of how your account is structured and does not reflect any changes to your account functionality at this time. Your checking account will consist of 2 sub- accounts on the books of the Bank: (1) either a demand deposit (non-interest- bearing) account or a NOW (interest-bearing) account; and (2) a savings deposit account, as those terms are defined under federal law. The two will be treated as a single account for customer use, and you will see no effect. All deposits and other credits will be posted to, and checks and debits will be deducted from, the demand deposit or NOW account. Whenever the demand deposit or NOW account balance exceeds a threshold amount (which we may establish and change at our discretion), we may transfer funds above that amount to the savings deposit account. As these funds are needed to pay items presented against your checking account, the appropriate amount will be transferred back to the demand deposit or NOW account, up to 6 times per statement cycle. If ...
Account Closing. You agree to give Credential seven days’ notice of any intended cash withdrawal. You agree that if your Account is closed by you in the first year of its operation Credential may charge a fee to close your Account. The fee will be disclosed by Credential from time to time and you agree to pay the fee and authorize Credential to charge the fee to your Account.
Account Closing. The Bank or the Customer shall have the right to close the Account at any time and for any reason whatsoever and the Customer undertakes to settle the debit balance in the said Account(s) if any upon first demand as follows:
Account Closing. In the absence of an Event of Default (defined below), Umicore may close a Customer’s Metal Account at any time by providing Customer with at least four (4) weeks’ prior written notice. If Umicore closes a Metal Account because of an Event of Default, then title to any Metals in such Metal Account will transfer to Umicore upon closure and compensation for the Metals will be paid by Umicore to Customer after setoff and deducting the value of any debit balances on such Metal Account. If the closed Metal Account shows a negative balance, then Umicore will invoice Customer for the value of such negative balance pertaining to a Metal Account.
Account Closing. Umicore may close a Metal Account at any time by notice to Customer specifying the effective date of the closing which, in the absence of an Event of Default, shall be no less than 4 weeks after the date of the notice.
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Account Closing. 18. Unless stated otherwise by the applicable law, either the Company or User may initiate the closing of Account at any time, without explaining reasons for it.
Account Closing. In the absence of an Ev ent of Def xxxx (def ined below), Umicore may close a Customer’s Metal Account at any time by prov iding Customer with at least f our (4) weeks’ prior written notice. If Umicore closes a Metal Account because of an Ev ent of Def xxxx, then title to any Metals in such Metal Account will transf er to Umicore upon closure and compensation f or the Metals will be paid by Umicore to Customer af ter setoff and deducting t he v alue of any debit balances on such Metal Account. If the closed Metal Account shows a negativ e balance, then Umicore will inv oice Customer f or the v alue of such negativ e balance pertaining to a Metal Account.
Account Closing. You or we may close the Account at any time without cause. We can close it without notice to you if we reasonably believe it will prevent loss to us or that you have violated this agreement. You will pay fees and costs for closing the Account, as well as any outstanding items. Our rights and your obligations survive any closing of the Account or cancellation of this agreement. You will not claim we wrongfully dishonored any items we return unpaid on or after the day the Account was closed. DELISTING. If any of your shares or other equity interests are, or ever become, listed for trading on any securities exchange or the National Association of Securities Dealers Automated Quotation (NASDAQ) system, you will notify us immediately in writing upon their delisting or suspension of trading.
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