Common use of Negative Account Balance Clause in Contracts

Negative Account Balance. If a cash account incurs a deficit, interest rates will apply until the balance is repaid. You agree to pay reasonable costs of collection for any of your unpaid deficit, including attorneys` and collection agent fees.

Negative Account Balance. If a cash account incurs a deficit, interest rates will apply until the balance is repaid. You agree to pay reasonable costs of collection for any of your unpaid deficit, including attorneys` ' and collection agent fees.