Notice for Withdrawal Sample Clauses
The Notice for Withdrawal clause establishes the requirement for a party to formally notify the other party if they intend to withdraw from an agreement or arrangement. Typically, this clause specifies the method of notification (such as written notice), the timeframe within which notice must be given (for example, 30 days in advance), and any particular details that must be included in the notice. Its core practical function is to ensure that both parties are given adequate warning and time to prepare for the withdrawal, thereby reducing the risk of sudden disruptions and promoting orderly transitions.
Notice for Withdrawal. 14 calendar days advance written notice is required prior to the last day of atten- dance. If I do not give 14 calendar days advance written notice of withdrawal, I agree to pay full tuition and fees due for the final two weeks regardless of my child’s attendance. If the parent/guardian does not give such notice, any advance money paid may be retained by SELC without limiting the SELC’s other legal remedies. I give permission for my child to be photographed/videoed in SELC and during program functions and field trips. I consent to the use of these photographs/videos for any legal use, including but not limited to publicity, advertising, and web content. Parent/Guardian Initials
Notice for Withdrawal. Except for certain interest-bearing demand deposit accounts that are, by their terms, payable on demand, federal law requires that we reserve the right to require not less than seven (7) days' prior written notice before a withdrawal is made from any interest- bearing account and to require that the funds from any deposit made to any such interest-bearing account remain on deposit not less than seven (7) days. GENERAL ACCOUNT INFORMATION AND TERMS ACCOUNT ANALYSIS Account Analysis is a service which offsets eligible Treasury Management and depository fees and charges by an "earnings credit allowance" determined by the Bank based upon the value to the Bank of your eligible deposit account balances. At the end of each monthly account analysis cycle, the Bank applies an annualized "earnings credit rate" to the eligible deposit balances to calculate the monthly earnings credit allowance. The earnings credit rate is determined by the Bank from factors applicable to it and the rate may vary. The earnings credit allowance so determined is then applied to the eligible Treasury Management and depository fees and charges assessable against your analyzed deposit account(s) during the month to cover or reduce the assessable fees and charges. Standard settlement is monthly. Any fees and charges not covered by the earning credit allowance are assessed against your account(s). Any unused earnings credit allowance is not available for withdrawal and not available to carry forward. From time to time, the Bank may review your accounts to determine, at the Bank's discretion, if the Account Analysis service is appropriate for you. Based on the review, the Bank may convert your accounts to analyzed status or to non-analyzed status, without notice to you unless required by law. If you deposit funds you hold for the benefit of a third party in any account maintained by you with us on which our fees and charges are offset by means of an earnings credit allowance, you represent that your use of the earnings credit allowance or any interest credited to the account will not violate any law, regulation, or agreement with the third party.
Notice for Withdrawal. Except for certain interest-bearing demand deposit accounts that are, by their terms, payable on demand, federal law requires that we reserve the right to require not less than seven (7) days' prior written notice before a withdrawal is made from any interest- bearing account and to require that the funds from any deposit made to any such interest-bearing account remain on deposit not less than seven (7) days. GENERAL ACCOUNT INFORMATION AND TERMS BANK AND CLIENT ACCOUNT RELATIONSHIP The account relationship between you and us is based on the Agreement. For a deposit account, the account relationship is that of a debtor (us) and a creditor (you). No fiduciary, quasi-fiduciary or other special relationship exists between you and us. BREACH OF WARRANTY If you breach any warranty you make to us under the laws governing this Agreement or with respect to any item, you will not be released or discharged from any liability for the breach so long as we notify you of the breach within 120 days after we learn of the breach. If we fail to notify you within this 120-day period, you will be released from liability and discharged only to the extent our failure to notify you within this time period caused a Loss to you. CHECK IMAGES In most cases we retain an image of each check paid against your Account and identified on your statement. We generally do not receive the original check and have no obligation to retain any original check received. You may request an image of any check or a larger image of any check identified on your statement by calling the telephone number printed on your statement. A Photocopy fee may be charged for check image requests. If the check image is unavailable or of poor quality, we are not liable to you for any Loss. COMPANY’S INSURANCE COVERAGE Many businesses carry special insurance for employee fraud and/or embezzlement. If you do, we reserve the right to require you to file a claim with your insurance company before making any claim against us. In such event, we will consider your claim only after we have reviewed your insurance company’s decision, and our liability to you, if any, will be reduced by the amount your insurance company pays you. COMPLIANCE WITH LAW
