Closure of Account Sample Clauses

Closure of Account. 17.1 The Company agrees that, subject to satisfying any indebtedness to it, I/we may close the Account at any time by giving the Company written notice. 17.2 I/We agree that the Company may close the Account at its absolute discretion at any time without ascribing any reason therefor. 17.3 Closure of the Account will not affect any outstanding orders and any rights and obligations of either party incurred prior to the date the Account is closed. 17.4 Any undertakings and indemnities in this Agreement shall survive such closure.
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Closure of Account. The Trust Bank shall, at the request of the Lender made on or after the payment by the Borrower of all outstanding amounts under the Loan Agreement, Trust and Retention Account Agreement, close the Designated Account and pay any amount standing to the credit thereof to the Borrower.
Closure of Account i. Should the existing tenderer’s contract not be renewed at the end of the contract period, the tenderer will be required to continue providing services prior to the take-over of the new tenderer, at the same terms and conditions, for a maximum period of six (6) months from the end of the contract, primarily to accommodate the continued receipting of deposits paid into the City’s old bank accounts until residents have made the conversion to the new accounts.
Closure of Account. 5.1 The Bank reserves the right to terminate the relationship at any time and for any reason by providing thirty (30) working days prior written notice to the Client at its last known address (as per the Bank’s records) without assigning any reasons thereof and without any liability. However, the Bank reserves the right not to give any such notice where in the opinion of the Bank there exist certain exceptional circumstances which necessitate closure of account (e.g. where the account is used for criminal, terrorist or anti money laundering activities or where the account is required to be terminated to comply with the regulatory/statutory requirements, etc., including but not limited to compliance with any requirements of and/ or as mandated by applicable regulatory or law enforcement agencies).
Closure of Account. The Beneficial Owner, may, at any time terminate this Agreement by calling upon the Participant to close his/its account with the Participant in the manner and on the terms and conditions set out in the Bye Laws and the procedure laid down in the Operating Instructions. In the event of termination of this Agreement the Beneficial Owner shall either get the securities transferred to some other account or get the same rematerialised.
Closure of Account. The Borrower shall not close the bank account against which any cheques/IRCs/ECS have been issued to the Lender in respect to repayment of dues under this Agreement.
Closure of Account a) Subject to these Terms & Conditions, you may terminate the account by giving us written notice and returning to us all ATM cards issued solely in respect of the MoneyPlus account. In such an event, termination shall be effective upon the receipt by the Bank of both the written notice and all ATM cards issued solely in respect of the MoneyPlus account. b) Notwithstanding anything to the contrary contained herein, we may at any time at our absolute discretion cancel the Facilities and terminate the MoneyPlus account without giving any reason therefore and with notice to you and we shall not be liable to you for any losses or damages caused by or arising out of such cancellation and termination in any manner whatsoever. c) If the MoneyPlus account is terminated by us, you shall forthwith return all ATM cards issued solely in respect of the MoneyPlus account. 13.2 Where there is a cash balance equal or exceeding S$5.00, or such other amount as we may determine from time to time and notified and announced by us in such manner as we may consider fit, (“the minimum amount”) standing to the credit of the MoneyPlus account at the time of the closure of the MoneyPlus account, we shall return the credit balance by sending a draft or cheque payable to your order and last known address in our records or through any other means as we may deem fit. The return of the credit balance by us through any means as we may deem fit shall constitute a full and final discharge of our liabilities to you (if any) with respect to the MoneyPlus account, whether or not such amount is received by you. Where the cash balance is below the minimum amount, you agree to waive the return of the cash balance. 13.3 Upon the closure of the MoneyPlus account (whether by you, us or otherwise), you shall not continue to effect transactions through the MoneyPlus account in any way, Your obligations under these Terms and Conditions will however continue and all outstanding balances (which shall include such charges and liabilities you may have incurred but which have not been debited to the MoneyPlus Account) on the MoneyPlus account shall become payable at once. Interest shall be payable on any outstanding balances which remain unpaid at the time of closure of the MoneyPlus account at the Prescribed Rate up to the date of full payment of such outstanding balances as well as before any judgment obtained in respect thereof. You shall be further liable to us for any monthly late payment fees in relat...
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Closure of Account. 5.1. You may close your TRANSIT Account at any time by contacting the Support Team on the web-page xxxxx://XXXXXXX.xxx/en/contacts or applying for the account closure in the SUPPORT section of your account. You should state the reason for such closure. 5.2. If your TRANSIT Account holds a balance at the time of its closure, we will ask you to withdraw your money within 30 days to your card, during which your TRANSIT Account will be accessible for the purpose of withdrawing the remaining balance only. After the expiry of this period you will not be able to access your TRANSIT Account but you may withdraw any remaining money by contacting Support Team and requesting that the money is sent to you in a manner that is reasonably acceptable for us. 5.3. If you want to access your TRANSIT Transaction History after the closure of your TRANSIT Account, you will need to contact the Support Team and request the information. You may do so for a period of 1 year from the date of closure of your TRANSIT Account. 5.4. We reserve the right to carry out any necessary money laundering, terrorism financing, fraud or other illegal activity checks before authorising any withdrawal of your money, including in relation to returning any money to you after you have closed your TRANSIT Account.
Closure of Account. 6.1. The Customer may close an Account by giving at least fifteen (15) days prior notice in writing to the Bank. The Bank may agree to close the Account at the request of the Customer subject to adherence of the following: (a) request for closure made on the standard format provided by the Bank; (b) confirmation in writing pertaining to the list of cheques issued but yet to be presented to the Bank; (c) return to the Bank of all unused cheque leaves, Debit Cards, and any other property of the Bank, for cancellation; (d) settlement/payment of all the direct/indirect liabilities due to the Bank. 6.2. The Bank may, however, immediately at the instance of any court or administrative order or otherwise, close, freeze or suspend dealings on any account without notice to the Customer or without being liable for any breach of any duty it may owe to the Customer. The Bank may at its own instance without giving any reason, close an Account by giving a notice in writing to the Customer. The Bank will close the Account only after deduction of all liabilities due to the Bank at the time of closing of such Account.
Closure of Account. 13.1 a) Subject to these Terms & Conditions, you may terminate the account by giving us written notice and returning to us all ATM cards issued solely in respect of the MoneyPlus account. In such an event, termination shall be effective upon the receipt by the Bank of both the written notice and all ATM cards issued solely in respect of the MoneyPlus account.
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