Common use of Basic Brokerage Account Agreement and Disclosure Clause in Contracts

Basic Brokerage Account Agreement and Disclosure. If your Authorization Limit is insufficient at the time an Advantage Check or Debit Card transaction or electronic fund transfer is presented for payment, the Advantage Check may be returned or that transaction rejected without payment. In some cases, we may pay the Advantage Check or Debit Card transaction, causing a negative balance in your Account. However, we are not obligated to make any such payment.