Common use of Blocking Accounts Clause in Contracts

Blocking Accounts. We may block your Account based on any grounds we consider reasonable in our discretion including in connection with the security of your Account, your unique username or confidential password, or in connection with the suspicion of unauthorised or fraudulent use of your Account. In the event of a block of your Account, you will be promptly informed about this by e- mail. If you are informed about the block, then provided legally permissible, you will also be informed about the reason for the block. As long as your account is blocked, you will not be able to enter into any transactions. As soon as you satisfy us that the grounds for the block no longer exist, the block will be lifted and you will be informed by e-mail about the lifting of the block.

Appears in 4 contracts

Samples: Depository Online Agreement, Depository Online Agreement, Depository Online Agreement

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