Common use of No Overdrafts Clause in Contracts

No Overdrafts. You are not permitted to overdraw your Account. If the available balance in your Account is insufficient to cover any payment or withdrawal you have authorized, Bank may refuse to process the payment or withdrawal. If your Account balance becomes negative for any reason, you must make a deposit immediately to cover the negative balance. If your Account has a negative balance for an extended period of time and you have another account with Bank, Bank reserves the right to exercise Bank’s right to set off. See Section 2.5 "Right to Set Off" below for details. If your Account has a negative balance for thirty (30) calendar days or more it will be closed. In the event you fail to pay the amount of any overdraft and Bank refers your overdrawn account to an attorney for collection, you agree to pay all reasonable expenses, including, but not limited to, reasonable attorney’s fees and court costs incurred by Bank as a result of your account being overdrawn.

Appears in 4 contracts

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

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No Overdrafts. You are not permitted to overdraw your Goal Account. If the available balance in your Goal Account is insufficient not sufficient to cover any payment or withdrawal you have authorized, Bank may refuse to process the payment or withdrawal. If your Goal Account balance becomes negative for any reason, you must make a deposit immediately to cover the negative balance. If your Goal Account has a negative balance for an extended period of time and you have another account with Bankus, Bank reserves the right to exercise Bank’s 's right to set off. See Section 2.5 "Right to Set Off" below for details. If your Goal Account has a negative balance for thirty (30) calendar days or more it will be closed. In the event you fail to pay the amount of any overdraft and Bank refers your overdrawn account to an attorney for collection, you agree to pay all reasonable expenses, including, but not limited to, reasonable attorney’s 's fees and court costs incurred by Bank as a result of your account being overdrawn.

Appears in 2 contracts

Samples: Savings Goals Account Agreement, Savings Goals Account Agreement

No Overdrafts. You are not permitted to overdraw your Account. If the available balance in your Account is insufficient to cover any payment or withdrawal you have authorized, Bank may refuse to process the payment or withdrawalcan be refused. If your Account balance becomes negative for any reason, you must make a deposit immediately to cover the negative balance. If your Account has a negative balance for an extended period of time and you have another account with BankXxxx, Bank Xxxx reserves the right to exercise Bank’s the right to set off. See Section 2.5 "Right to Set Off" below for details. If your Account has a negative balance for thirty (30) calendar days or more it will be closed. In the event you fail to pay the amount of any overdraft and Bank refers your overdrawn account Account is referred to an attorney for collection, you agree to pay all reasonable expenses, including, but not limited to, reasonable attorney’s 's fees and court costs incurred by Bank as a result of your account being overdrawn.

Appears in 1 contract

Samples: Deposit Account Agreement

No Overdrafts. You are not permitted to overdraw your Account. If the available balance in your Account is insufficient not sufficient to cover any payment or withdrawal you have authorized, Bank may refuse to process the payment or p withdrawal. If your Account balance becomes negative for any reason, you must make a deposit immediately to cover the negative balance. If your Account has a negative balance for an extended period of time and you have another account with Bankus, Bank Ando reserves the right to exercise Bank’s its right to set off. See Section 2.5 "Right to Set Off" below for details. If your Account has a negative balance for thirty ninety (3090) calendar days or more it will be closed. In the event you fail to pay the amount of any overdraft and Bank refers your overdrawn account is referred to to an attorney for collection, you agree to pay all reasonable expenses, including, but not limited to, reasonable attorney’s 's fees and court costs incurred by Bank as a result of your account being overdrawn.

Appears in 1 contract

Samples: Savings Account Agreement

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No Overdrafts. You are not permitted to overdraw your Account. If the available balance in your Account is insufficient to cover any payment or withdrawal you have authorized, Bank may refuse to process the payment or withdrawal. If your Account balance becomes negative for any reason, you must make a deposit immediately to cover the negative balance. If your Account has a negative balance for an extended period of time and you have another account with Bank, Bank reserves the right to exercise Bank’s our right to set off. See Section 2.5 "Right to Set Off" below for details. If your Account has a negative balance for thirty (30) calendar days or more it will be closed. In the event you fail to pay the amount of any overdraft and Bank refers your overdrawn account to an attorney for collection, you agree to pay all reasonable expenses, including, but not limited to, reasonable attorney’s fees and court costs incurred by Bank as a result of your account being overdrawn.

Appears in 1 contract

Samples: Health Savings Account Consumer Deposit Agreement

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