Nonsufficient Funds Sample Clauses

Nonsufficient Funds. We reserve the right to charge you a fee each time a check, ACH or debit transfer and any other type of item is presented or payment is otherwise requested and regardless of the type of loan or account to which your payment was applied. At our discretion, this fee may be added to the principal balance of your loan, may be charged to an account you or any other person obligated on your account maintain with us, or may be billed directly to you or such other person obligated on your account.
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Nonsufficient Funds. If Member does not have sufficient funds in Member’s Account to pay fees or any other amounts due under this Agreement at the time required, or if Member refuses to pay, Provider may, at Provider’s sole discretion, do one or more of the following; (a) make an additional attempt to deliver a debit charge entry to the ACH or gateway operator, (b) assess a Nonsufficient Funds (“NSF”) fee to Member for each failed ACH transaction, (c) assess collection or such other fees needed to cover the costs of accepting a different method of payment, such as credit card or certified check, (d) refuse to perform further services and deny Member and its authorized users access to the Site and any reports or information contained therein until Member has paid in full all fees due, including any amounts that might become due under this Section, and/or (e) immediately terminate this Agreement. Provider may assess finance charges on any amounts owing and unpaid ten (10) days after the original ACH transaction date. Finance charges are assessed at a rate of 1.5% per month (18% per annum), or the highest amount permitted by law, whichever is less. Provider may recover from Member any costs including, without limitation, reasonable attorneys’ fees and expert witnesses’ fees Provider may incur in connection with any termination of this Agreement or collection of amounts due hereunder.
Nonsufficient Funds. Lessee agrees to pay to lessor the sum of $25 in the event that any check, draft or other instrument of payment is dishonored for any reason.

Related to Nonsufficient Funds

  • Insufficient Funds If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, L/C Borrowings, interest and fees then due hereunder, such funds shall be applied (i) first, toward payment of interest and fees then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of interest and fees then due to such parties, and (ii) second, toward payment of principal and L/C Borrowings then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal and L/C Borrowings then due to such parties.

  • Sufficient Funds Buyer has sufficient funds to pay in full the Purchase Price and to enable it to consummate the transactions contemplated by this Agreement.

  • Tax Funds 49 Section 9.2. Insurance Premium Funds..........................................50 Section 9.3. Ordinary Capital Expenditures Funds..............................51

  • Insurance Funds (a) Borrower shall cause Mortgage Borrower to comply with all the terms and conditions set forth in Section 6.3 of the Mortgage Loan Agreement.

  • Excess Funds Any party receiving funds paid by SBBC under this Agreement agrees to promptly notify SBBC of any funds erroneously received from SBBC upon the discovery of such erroneous payment or overpayment. Any such excess funds shall be refunded to SBBC.

  • Company Funds All funds of the Company shall be deposited in its name, or in such name as may be designated by the Board, in such checking, savings or other accounts, or held in its name in the form of such other investments as shall be designated by the Board. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the signature or signatures of such Officer or Officers as the Board may designate.

  • Settlement Funds The Servicer shall be named as a payee on all insurance loss drafts and upon receipt thereof, the funds shall be credited to the Borrower's Insurance Proceeds balance and deposited into (a) where such funds will be applied to the repair and restoration of the related Mortgaged Property and where required by applicable state law, one or more separate escrow accounts, so that the balance on deposit in such accounts is fully insured at all times by the FDIC through either the BIF or SAIF or (b) where such funds will not be applied to the repair and restoration of the related Mortgaged Property, the respective Custodial P&I Account.

  • Funds On each purchase order for Class A shares and Class 529-A shares of Funds listed in Category 1 on the attached Schedule A that is accepted by us and for which you are responsible, you will be paid compensation as follows: Compensation as Sales Charge Percentage of as Percentage Purchases Offering Price of Offering Price Less than $25,000 5.00% 5.75% $25,000 but less than $50,000 4.25% 5.00% $50,000 but less than $100,000 3.75% 4.50% $100,000 but less than $250,000 2.75% 3.50% $250,000 but less than $500,000 2.00% 2.50% $500,000 but less than $750,000 1.60% 2.00% $750,000 but less than $1,000,000 1.20% 1.50% $1,000,000 or more See below None

  • Payment Fund “Payment Fund” is defined in Section 2.6(a) of the Agreement.

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