Common use of No Overdrafts Clause in Contracts

No Overdrafts. You are not permitted to overdraw the Account. If the available balance in the Account is insufficient to cover any payment or withdrawal you authorized, we can refuse to process the payment or withdrawal. If the Account balance becomes negative for any reason, you must make a deposit immediately to cover the negative balance. If the Account has a negative balance and you have another account with us, we reserve the right to exercise our right to set off. See the “

Appears in 8 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement, Deposit Account Agreement

AutoNDA by SimpleDocs

No Overdrafts. You are not permitted to overdraw the your Account. If the available balance in the your Account is insufficient not sufficient to cover any payment or withdrawal you have authorized, we can may refuse to process the payment or withdrawal. If the your Account balance becomes negative for any reason, you must make a deposit immediately to cover the negative balance. If the your Account has a negative balance and you have another account with us, we reserve the right to exercise our right to set off. See the “.

Appears in 1 contract

Samples: Demand Deposit Account Agreement

No Overdrafts. You are not permitted to overdraw the your Account. If the available balance in the your Account is insufficient not sufficient to cover any payment or withdrawal you have authorized, we can may refuse to process the payment or withdrawal. If the your Account balance becomes negative for any reason, you must make a deposit immediately to cover the negative balance. If the your Account has a negative balance and you have another account with us, we reserve the right to exercise our right to set off. See the “Section

Appears in 1 contract

Samples: Account Agreement

No Overdrafts. You are not permitted to overdraw the your Account. If the available balance in the your Account is insufficient not sufficient to cover any payment or withdrawal you have authorized, we can may refuse to process the payment or withdrawal. If the your Account balance becomes negative for any reason, you must make a deposit immediately to cover the negative balance. If the your Account has a negative balance and you have another account with us, we reserve the right to exercise our right to set off. off. See the “Section 3.2.3

Appears in 1 contract

Samples: Savings Account Agreement

AutoNDA by SimpleDocs

No Overdrafts. You are not permitted to overdraw the your Account. If the available balance in the your Account is insufficient not sufficient to cover any payment or withdrawal you have authorized, we can may refuse to process the payment or withdrawal. If the your Account balance becomes negative for any reason, you must make a deposit immediately to cover the negative balance. If the your Account has a negative balance and you have another account with us, we reserve the right to exercise our right to set off. See the “5. GENERAL FUNDS AVAILABILITY.

Appears in 1 contract

Samples: mazoola.co

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!