Earmark on Card Account Sample Clauses

Earmark on Card Account. Whenever the Bank is informed or notified that any Card Transaction has been effected or completed or is proposed to be effected or completed on a Card Account, the Bank may earmark or set aside out of the available balance on a Card Account an amount estimated by the Bank or the merchant to meet the amount for which that Card Transaction has been effected or completed or is likely to be effected or completed. Should the Bank earmark or set aside any amount, the balance in the Firm’s Card Account shall be reduced by such amounts that the Bank earmarked or set aside. The Firm may not stop payment on such Card Transaction nor use any amount earmarked or set aside by the Bank. The Bank shall have the right to increase at any time the amount that the Bank would hold in respect of any Card Transaction which is denominated in a currency other than Singapore dollars if the Bank is of the view that the amount initially held when converted into foreign currency would not be sufficient to pay that Card Transaction in full.
AutoNDA by SimpleDocs

Related to Earmark on Card Account

  • TERMINATION OF CARD ACCOUNT 10.1 Your option to terminate You may terminate your card account if you:-

  • Change of card account number (a) We may at your request or at any time without incurring any liability or giving any reason, and upon giving you notice, change your card account number; and issue a replacement card; and transfer the total outstanding balance and all credits (if any) from your original card account to the new card account. After we have given you such notice, you must immediately return to us the card cut in half.

  • Linked Accounts All accounts with the Bank that you enroll in a service will be linked by the tax identification numbers of the persons authorized to access the account. The linked accounts will appear together without regard to the ownership of the accounts. For example, if an authorized user of a linked account accesses the Service, that authorized user will be able to view and access at a single time the following accounts: • the accounts of the business for which that person is an authorized user; • the accounts of any other business for which that person is an authorized user; and • any consumer accounts for which the person is a co-owner or authorized signer.

  • Client Accounts 17.1 It is agreed and understood that the types of the different Client Accounts offered by the Company and the characteristics of such Client Accounts are found on the Website and are subject to change at the Company’s discretion and according to paragraph 43 hereunder.

  • Client Account 4.1 In order to facilitate trading in CFDs, the Company will open a Client Account for the Client, which will be activated upon the Client depositing the minimum initial deposit as determined by the Company in its discretion from time to time. The minimum initial deposit may vary according to the account type of the Client Account. This information is made available on our Website.

  • Special Accounts 1. For the purposes of this Schedule:

  • User Accounts End User shall ensure that only Authorized Users can access the Services. User accounts may not be shared among individuals or used to provide access to the Services to individuals who are not the individual associated with the corresponding user account.

  • Settlement Account 4.1 The Scheduling Coordinator shall maintain at all times an account with a bank capable of Fed-Wire transfer to which credits or debits shall be made in accordance with the billing and Settlement provisions of Section 11 of the CAISO Tariff. Such account shall be the account as notified by the Scheduling Coordinator to the CAISO from time to time by giving at least 20 days written notice before the new account becomes operational, together with all information necessary for the CAISO's processing of a change in that account.

  • Suspension of card account Notwithstanding and without prejudice to the other provisions of this agreement, we are entitled at any time in our absolute discretion from a risk management perspective and if required by the relevant authority or under any Law or Regulation, without notice to you and without giving any reason, suspend your right to use the card entirely or in respect of specified facilities.

  • User Account You must establish and/or maintain a "My Verizon" account at xxxx://xxxxxxx.xxx/myverizon and enable such My Verizon account to license On Demand Content (on a rental or unlimited basis). Your "My Verizon" account will then become an "On Demand Enabled Account."

Time is Money Join Law Insider Premium to draft better contracts faster.