Common use of Limitation on Services Clause in Contracts

Limitation on Services. Each Account Holder agrees that we may impose restrictions on any Services, with or without cause, at any time and either with notice or without notice to any Account Holder (including those affected by the restriction). Without limiting the foregoing, if an Adverse Event occurs, then we may (but are not obligated to) take any one or more of the following actions in connection with one or more (including possibly all) Accounts: • Terminate or close Accounts; • Restrict or terminate Services in connection with Accounts; • Delay availability of funds on deposit in any one (and up to all) Account(s); • Freeze funds in any one (and up to all) Account(s) and hold them pending instructions acceptable to us; • Interplead funds in Accounts with any court, whether or not the court later determines that interpleader is or is not an authorized action by us; or • Take any other action to protect us against cost, harm, inconvenience, litigation or otherwise as we see fit at our sole discretion.

Appears in 4 contracts

Samples: Business Banking Master Agreement, Banking Master Agreement, Banking Master Agreement

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Limitation on Services. Each Account Holder agrees that we may impose restrictions on any Services, with or without cause, at any time and either with notice or without notice to any Account Holder (including those affected by the restriction). Without limiting the foregoing, if an Adverse Event occurs, then we may (but are not obligated to) take any one or more of the following actions in connection with one or more (including possibly all) Accounts: • Terminate or close Accounts; • Restrict or terminate Services in connection with Accounts; • Delay availability of funds on deposit in any one (and up to all) Account(s); • Freeze funds in any one (and up to all) Account(s) and hold them pending instructions acceptable to us; • Interplead funds in Accounts with any court, whether or not the court later determines that interpleader is or is not an authorized action by us; or • Take any other action to protect us against cost, harm, inconvenience, litigation or otherwise as we see fit at in our sole discretion.

Appears in 1 contract

Samples: Online Banking Access Agreement

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Limitation on Services. Each Account Holder agrees that we may impose restrictions on any Services, with or without cause, at any time and either with notice or without notice to any Account Holder (including those affected by the restriction). Without limiting the foregoing, if an Adverse Event occurs, then we may (but are not obligated to) take any one or more of the following actions in connection with one or more (including possibly all) Accounts: Terminate or close Accounts; Restrict or terminate Services in connection with Accounts; Delay availability of funds on deposit in any one (and up to all) Account(s); Freeze funds in any one (and up to all) Account(s) and hold them pending instructions acceptable to us; Interplead funds in Accounts with any court, whether or not the court later determines that interpleader is or is not an authorized action by us; or Take any other action to protect us against cost, harm, inconvenience, litigation or otherwise as we see fit at in our sole discretion.

Appears in 1 contract

Samples: Online Banking Access Agreement

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