Common use of Commercial Accounts Clause in Contracts

Commercial Accounts. You agree to pay interest at a rate established by the Bank from time to time and published in your Pricing Statement on any negative collected balance in the account. If, in the Bank’s discretion, an overdraft is created, you agree to repay the overdraft upon demand. Upon request by the Bank, you agree to execute and deliver to the Bank a promissory note in a form acceptable to the Bank evidencing your obligation to repay the overdraft.

Appears in 4 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

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Commercial Accounts. You agree to pay interest on any negative collected balance at a rate established by the Bank from time to time and published included in your Pricing Statement on any negative collected balance in the accountaccount agreement(s) and supplemental disclosures. If, in the Bank’s discretion, If you incur an overdraft is createdoverdraft, you agree to repay the overdraft upon demand. Upon request by the Bank, you agree to execute and deliver to the Bank a promissory note in a form acceptable to the Bank evidencing your obligation to repay the overdraft.

Appears in 3 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

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