Common use of Inactive Account Clause in Contracts

Inactive Account. If the Client has not traded using its Account or otherwise has not accessed or used it for a continuous period of one hundred and eighty (180) days (the “Inactive Period”) the Account shall be deemed to be inactive. Once the Client's Account has been deemed inactive, NCB Capital will be entitled to charge the Client a maintenance fee (the "Inactive Account Fee"). NCB Capital may deduct an amount up to the Inactive Account Fee from the balance in the Client's Account commencing on the last day of the Inactive Period and then every thirty (30) days thereafter in accordance with the Inactive Account Fee schedule which is available on NCB Capital's Website. All fees and charges (including the Inactive Account Fee) are subject to change by NCB Capital from time to time.

Appears in 2 contracts

Samples: Capital General Terms of Business, Capital General Terms of Business

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Inactive Account. If the Client has not traded using its his Account or otherwise has not accessed or used it for a continuous period of one hundred and eighty (180) days (the “Inactive Period”) the Account shall be deemed to be inactive. Once the Client's Account has been deemed inactive, NCB Capital will be entitled to charge the Client a maintenance fee (the "Inactive Account Fee"). NCB Capital may deduct an amount up to the Inactive Account Fee from the balance in the Client's Account commencing on the last day of the Inactive Period and then every thirty (30) days thereafter in accordance with the Inactive Account Fee schedule which is available on NCB Capital's Website. All fees and charges (including the Inactive Account Fee) are subject to change by NCB Capital from time to time.

Appears in 2 contracts

Samples: Capital General Terms of Business, Capital General Terms of Business

Inactive Account. If the Client has not traded using its Account or otherwise has not accessed or used it for a continuous period of one hundred and eighty (180) days (the “Inactive Period”) the Account shall be deemed to be inactive. Once the Client's ’s Account has been deemed inactive, NCB Capital will be entitled to charge the Client a maintenance fee (the "Inactive Account Fee"). NCB Capital may deduct an amount up to the Inactive Account Fee from the balance in the Client's ’s Account commencing on the last day of the Inactive Period and then every thirty (30) days thereafter in accordance with the Inactive Account Fee schedule which is available on NCB Capital's ’s Website. All fees and charges (including the Inactive Account Fee) are subject to change by NCB Capital from time to time.

Appears in 1 contract

Samples: Capital Business Agreement

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Inactive Account. If the Client has not traded using its his Account or otherwise has not accessed or used it for a continuous period of one hundred and eighty (180) days (the “Inactive Period”) the Account shall be deemed to be inactive. Once the Client's ’s Account has been deemed inactive, NCB Capital will be entitled to charge the Client a maintenance fee (the "Inactive Account Fee"). NCB Capital may deduct an amount up to the Inactive Account Fee from the balance in the Client's ’s Account commencing on the last day of the Inactive Period and then every thirty (30) days thereafter in accordance with the Inactive Account Fee schedule which is available on NCB Capital's ’s Website. All fees and charges (including the Inactive Account Fee) are subject to change by NCB Capital from time to time.

Appears in 1 contract

Samples: Capital Business Agreement

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