Disputes or Uncertainty about Accounts and Funds Sample Clauses

Disputes or Uncertainty about Accounts and Funds. If there is a dispute over, or we are uncertain who is authorized to access an account, the funds in an account or funds in our posses- sion, you agree we may hold the funds, and suspend all actions and transactions on the account(s), products and services. The hold on the funds and suspension on the account, products and services will continue until either 1) all persons and organizations affected by the dispute or uncertainty agree in writing regarding what should be done with the account(s), products, services and/or funds, or 2) we receive appropriate notice or direction from a court or other legal authority instructing us on what to do with the ac- count(s), products, services and/or funds. Examples of uncertainty include, but are not limited to, 1) conflicting, illegible or missing in- formation and/or documents in our records, 2) competing claims to the account(s), products, services and/or funds, 3) our need to complete due diligence on any claim made to the account(s), prod- ucts, services and/or funds, 4) a person’s potential lack of capacity or victim of undue influence (e.g., elder abuse), or 5) the applica- bility of lien rights or security interests. During the hold period, we will continue to pay dividends/interest on the funds held in an ac- count as explained in “Our Rates & Service Charges.” You under- stand a suspension of access to the account(s), products and ser- vices, and/or hold on funds, is beneficial to you and us to assure only an authorized person or organization may access the ac- count(s), products, services or funds. You agree to be responsible for the cost of legal advice we require in connection with any matter concerning a dispute or uncertainty involving the account(s), prod- ucts, services or funds with us or you (please see Provision 1.g.). Alternatively, in the event of a dispute or uncertainty over who is authorized to access the account(s), products, services or funds, at our discretion we may deposit the funds with a court and ask the court to resolve the dispute or uncertainty over who is authorized to access the funds. In such instances, we may deduct our attorney fees and court costs from the funds to be deposited with the court. If we deposit the funds with a court, you agree the account(s), prod- ucts and services may be terminated and all persons and organi- zations will need to claim the funds by contacting the court.
Sample 1Sample 2Sample 3See All (11)
AutoNDA by SimpleDocs
Disputes or Uncertainty about Accounts and Funds. If there is a dispute over, or we are uncertain who is authorized to access, an account, the funds in an account or funds in our pos- session, you agree we may hold the funds, and suspend all ac- tions and transactions on an account, products and services. The hold on the funds and suspension on the account, products and services will continue until all persons and organizations affected by the dispute or uncertainty agree in writing what should be done with the account and/or funds, or until we receive appropriate no- xxxx or direction from a court or other legal authority instructing us what to do. Examples of uncertainty include, but are not limited to,
Sample 1
Disputes or Uncertainty about Accounts and Funds. If there is a dispute over, or we are uncertain who is authorized to access, an account, the funds in an account or funds in our pos- session, you agree we may hold the funds, and suspend all actions and transactions on an account, products and services. The hold on the funds and suspension on the account, products and services will continue until all persons and organizations affected by the dispute or uncertainty agree in writing what should be done with the ac- count and/or funds, or until we receive appropriate notice or direc- tion from a court or other legal authority instructing us what to do. Examples of uncertainty include, but are not limited to, 1) conflict- ing, illegible or missing information and/or documents in our rec- ords, 2) competing claims to the funds, 3) our need to complete due diligence on any claim made to the funds, 4) a person’s appar- ent lack of capacity or a potential victim of undue influence (e.g., elder abuse), or 5) the applicability of lien rights or security inter- ests. During the hold period, we will continue to pay dividends/in- terest on the funds held in an account as explained in “Our Rates & Service Charges” disclosure. You understand that a suspension of access to an account, products and services, and/or hold on funds, is beneficial to you and us to assure that only an authorized person or organization may access the account or funds. You agree to be responsible for legal advice we require in connection with any matter concerning a dispute or uncertainty involving the accounts, products and services with us or you (please see Provi- sion 1.f.). Alternatively, in the event of a dispute or uncertainty over who is authorized to access an account or funds, at our discretion we may deposit the funds with a court and ask the court to resolve the dispute or uncertainty over who is authorized to access the funds. In such instances, we may deduct our attorney fees and court costs from the funds to be deposited with the court. If we de- posit the funds with a court, you agree the account may be termi- nated and that all persons and organizations will need to claim the funds by contacting the court.
Sample 1

Related to Disputes or Uncertainty about Accounts and Funds

  • Audit Rights Period for Construction-Related Accounts and Records Accounts and records related to the design, engineering, procurement, and construction of Connecting Transmission Owner’s Attachment Facilities and System Upgrade Facilities and System Deliverability Upgrades shall be subject to audit for a period of twenty-four months following Connecting Transmission Owner’s issuance of a final invoice in accordance with Article 12.2 of this Agreement.

  • Security Violations and Accounts Updates Grantee will adhere to the Confidentiality Article requirements and HHS Data Usage Agreement of this contract and immediately contact System Agency if a security violation is detected, or if Grantee has any reason to suspect that the security or integrity of the CMBHS data has been or may be compromised in any way.

  • Audit Rights Period for All Other Accounts and Records Accounts and records related to a Party’s performance or satisfaction of its obligations under this Agreement other than those described in Article 25.4.1 of this Agreement shall be subject to audit as follows: (i) for an audit relating to cost obligations, the applicable audit rights period shall be twenty-four months after the auditing Party’s receipt of an invoice giving rise to such cost obligations; and (ii) for an audit relating to all other obligations, the applicable audit rights period shall be twenty-four months after the event for which the audit is sought.

  • Can I Roll Over or Transfer Amounts from Other IRAs or Employer Plans If properly executed, you are allowed to roll over a distribution from one Traditional IRA to another without tax penalty. Rollovers between Traditional IRAs may be made once every 12 months and must be accomplished within 60 days after the distribution. Beginning in 2015, just one 60 day rollover is allowed in any 12 month period, inclusive of all Traditional, Xxxx, SEP, and SIMPLE IRAs owned. Under certain conditions, you may roll over (tax-free) all or a portion of a distribution received from a qualified plan or tax-sheltered annuity in which you participate or in which your deceased spouse participated. In addition, you may also make a rollover contribution to your Traditional IRA from a qualified deferred compensation arrangement. Amounts from a Xxxx XXX may not be rolled over into a Traditional IRA. If you have a 401(k), Xxxx 401(k) or Xxxx 403(b) and you wish to rollover the assets into an IRA you must roll any designated Xxxx assets, or after tax assets, to a Xxxx XXX and roll the remaining plan assets to a Traditional IRA. In the event of your death, the designated beneficiary of your 401(k) Plan may have the opportunity to rollover proceeds from that Plan into a Beneficiary IRA account. In general, strict limitations apply to rollovers, and you should seek competent advice in order to comply with all of the rules governing rollovers. Most distributions from qualified retirement plans will be subject to a 20% withholding requirement. The 20% withholding can be avoided by electing a “direct rollover” of the distribution to a Traditional IRA or to certain other types of retirement plans. You should receive more information regarding these withholding rules and whether your distribution can be transferred to a Traditional IRA from the plan administrator prior to receiving your distribution.

  • ACCOUNTS AND RECORDS The accounts and records maintained by ALPS shall be the property of the Fund. ALPS shall prepare, maintain and preserve such accounts and records as required by the 1940 Act and other applicable securities laws, rules and regulations. ALPS shall surrender such accounts and records to the Fund, in the form in which such accounts and records have been maintained or preserved, promptly upon receipt of instructions from the Fund. The Fund shall have access to such accounts and records at all times during ALPS’ normal business hours. Upon the reasonable request of the Fund, copies of any such books and records shall be provided by ALPS to the Fund at the Fund’s expense. ALPS shall assist the Fund, the Fund’s independent auditors, or, upon approval of the Fund, any regulatory body, in any requested review of the Fund’s accounts and records, and reports by ALPS or its independent accountants concerning its accounting system and internal auditing controls will be open to such entities for audit or inspection upon reasonable request. ALPS or its undersigned as defined by Rule 17a-4 of the Securities and Exchange Act (the “Exchange Act”), shall have access to all electronic communications, including password access to the system storing the electronic communications, of registered representatives of ALPS that are associated with the Fund and are required to be maintained under Rule 17a-4 of the Exchange Act and FINRA Rules 3110 and 3010. Electronic storage media maintained by the Fund will comply with Rule 17a-4 of the Exchange Act.

  • VENDOR OFFSET AND ERRONEOUS PAYMENTS 24-30-202(1) and 24-30- 202.4, C.R.S. [Not applicable to intergovernmental agreements] Subject to §24-30-202.4(3.5), C.R.S., the State Controller may withhold payment under the State’s vendor offset intercept system for debts owed to State agencies for: (i) unpaid child support debts or child support arrearages;

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!