Common use of Negative Balances Clause in Contracts

Negative Balances. You must reimburse the Bank for any negative balance in your account, plus all fees, immediately upon demand. A negative balance could result from, among other things: (i) the payment of a check or other item that exceeds your account balance; (ii) other payments you authorize;

Negative Balances. You must reimburse the Bank for any negative balance in your account, plus all fees, immediately upon demand. A negative balance could result from, among other things: (i) the payment of a check or other item that exceeds your account balance; (ii) other payments you authorize;the