Common use of Closing Your Account Clause in Contracts

Closing Your Account. You or the Bank may close your Account at any time for any reason or no reason and without prior notice to you or the Bank. The Bank is however not required to close any Account under the following circumstances: (a) if you have pending or otherwise unresolved transactions; (b) it is not possible to close, liquidate, or otherwise pay-out the assets held in your Account; (c) where the Account is overdrawn, and; (d) where the Account is subject to legal process initiated in the Island of Nevis. After your Account is closed, we have no obligation to accept deposits, or to otherwise engage in any business with you whatsoever.

Appears in 5 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

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Closing Your Account. You or the Bank may close your Account at any time for any reason or no reason and without prior notice to you or the Bank. The Bank is however not required to close any Account under the following circumstances: (a) if you have pending or otherwise unresolved transactions; (b) it is not possible to close, liquidate, or otherwise pay-out the assets held in your Account; (c) where the Account is overdrawn, and; (d) where the Account is subject to legal process initiated executable in the Island of NevisPuerto Rico. After your Account is closed, we have no obligation to accept deposits, or to otherwise engage in any business with you whatsoever.

Appears in 2 contracts

Samples: Customer Account Agreement, Customer Account Agreement

Closing Your Account. You or the Bank may close your Account at any time for any reason or no reason and without prior notice to you or the Bank. The Bank is however not required to close any Account under the following circumstances: (a) if you have pending or otherwise unresolved transactions; (b) it is not possible to close, liquidate, or otherwise pay-out the assets held in your Account; (c) where the Account is overdrawn, and; (d) where the Account is subject to legal process initiated in the Island of Nevisprocess. After your Account is closed, we have no obligation to accept deposits, or to otherwise engage in any business with you whatsoever.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

Closing Your Account. You or the Bank may close your Account at any time for any reason or no reason and without prior notice to you or the Bank. The Bank is however not required to close any Account under the following circumstances: (a) if you have pending or otherwise unresolved transactions; (b) it is not possible to close, liquidate, or otherwise pay-out the assets held in your Account; (c) where the Account is overdrawn, and; (d) where the Account is subject to legal process initiated in the Island of Nevis. After your Account is closed, we have the Bank has no obligation to accept deposits, or to otherwise engage in any business with you whatsoever.

Appears in 1 contract

Samples: Customer Account Agreement

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Closing Your Account. You or the Bank may close your Account at any time for any reason or no reason and without prior notice to you or the Bank. The Bank is however not required to close any Account under the following circumstances: (a) if you have pending or otherwise unresolved transactions; (b) it is not possible to close, liquidate, or otherwise pay-out the assets held in your Account; (c) where the Account is overdrawn, and; (d) where the Account is subject to legal process initiated in the Island of Nevis. After your Account is closed, we have no obligation to accept deposits, or to otherwise engage in any business with you whatsoeveryouwhatsoever.

Appears in 1 contract

Samples: Account Agreement

Closing Your Account. You or the Bank may close your Account at any time for any reason or no reason and without prior notice to you or the Bank. The Bank is however not required to close any Account under the following circumstances: (a) if you have pending or otherwise unresolved transactions; (b) it is not possible to close, liquidate, or otherwise pay-out the assets held in your Account; (c) where the Account is overdrawn, and; (d) where the Account is subject to legal process initiated in the Island of Nevis. After your Account account is closed, we have no obligation to accept deposits, or to otherwise engage in any business with you whatsoever.

Appears in 1 contract

Samples: Bank Customer Agreement Introduction

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