Common use of Legal Process Against an Account Clause in Contracts

Legal Process Against an Account. If we receive any notice of lien, process, garnishment, execution, attachment, or other proceeding relating to you or your account, we may withhold payments of as much of the balance in your account as may be required by law and pay such amount to the court, creditor, or other party in accordance with applicable law. We may charge a fee in connection with this process. We may also place a hold on your account for a reasonable period of time to permit the parties or us an opportunity to determine who has prior rights in the funds, to file additional legal proceedings, or to resolve the action informally. We are not liable for dishonoring orders because of insufficient funds in your account due to a hold placed on the account or resulting from service charges, setoffs, levies, garnishments, liens, claims, or other legal process.

Legal Process Against an Account. If we We receive any notice of lien, process, garnishment, execution, attachment, or other proceeding relating to you You or your accountYour Account, we We may withhold payments of as much of the balance in your account Your Account as may be required by law and pay such amount to the court, creditor, or other party in accordance with applicable law. We may charge a fee in connection with this process. We may also place a hold on your account Your Account for a reasonable period of time to permit the parties or us Us an opportunity to determine who has prior rights in the funds, to file additional legal proceedings, or to resolve the action informally. We are not liable for dishonoring orders because of insufficient funds in your account Your Account due to a hold placed on the account Account or resulting from service charges, setoffs, levies, garnishments, liens, claims, or other legal process.