Common use of Inactivity Fee Clause in Contracts

Inactivity Fee. 20.1 By virtue of the fact that the Plus500 CFD Trading Platform is provided to you regardless of actual use, a fee of up to USD 10 may be payable by you if there is no login detected on your account for a period of at least 3 months. This fee will continue to be charged monthly as long as there is no login detected on your account. The inactivity fee will be equal to the lesser of the remaining available balance in your account or USD 10 (or equivalent depending on your chosen currency). You agree that we may deduct this fee from any funds held by us on your behalf.

Appears in 3 contracts

Samples: User Agreement, User Agreement, User Agreement

AutoNDA by SimpleDocs

Inactivity Fee. 20.1 By virtue of the fact that the Plus500 CFD Trading Platform is provided to you regardless of actual use, a fee of up to USD 10 may be payable by you if there is no login detected on your account for a period of at least 3 months. This fee will continue to be charged monthly as long as there is no login detected on your account. The inactivity fee will be equal to the lesser of the remaining available balance in your account or USD 10 (or equivalent depending on your chosen currency). You agree that we may deduct this fee from any funds held by us on your behalf.

Appears in 1 contract

Samples: User Agreement

AutoNDA by SimpleDocs

Inactivity Fee. 20.1 By virtue of the fact that the Plus500 SUPERFLUIDITY FINANCE LIMITED CFD Trading Platform is provided to you regardless of actual use, a fee of up to USD 10 may be payable by you if there is no login detected on your account for a period of at least 3 months. This fee will continue to be charged monthly as long as there is no login detected on your account. The inactivity fee will be equal to the lesser of the remaining available balance in your account or USD 10 (or equivalent depending on your chosen currency). You agree that we may deduct this fee from any funds held by us on your behalf.

Appears in 1 contract

Samples: User Agreement

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