Common use of Obligation to Repay Clause in Contracts

Obligation to Repay. If we authorize and pay a Card purchase transaction that exceeds the Available Balance of your account, you must pay the negative balance, including any overdraft fees and other applicable transaction fees, immediately by depositing funds to your account. We may, at any time, in our sole discretion and without notice to you, offset any negative balance in your account with incoming deposits and credits to your account and with funds from any other account you open or maintain with us.

Appears in 3 contracts

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

AutoNDA by SimpleDocs

Obligation to Repay. If we authorize and pay a Card purchase transaction that exceeds the Available Balance of your account, you must pay the negative balance, including any overdraft fees and other applicable transaction fees, immediately by depositing funds to your account. We may, at any time, in our sole discretion and without notice to you, offset any negative balance in your account with incoming deposits and credits to your account and with funds from any other account you open register or maintain with us.

Appears in 1 contract

Samples: Deposit Account Agreement

AutoNDA by SimpleDocs

Obligation to Repay. If we authorize and pay a Card purchase transaction that exceeds the Available Balance of your accountAccount, you must pay the negative balance, including any overdraft fees and other applicable transaction fees, immediately by depositing funds to your primary deposit account. We may, at any time, in our sole discretion and without notice to you, offset any negative balance in your primary deposit account with incoming deposits and credits to your primary deposit account and with funds from any other account you open or maintain with us.

Appears in 1 contract

Samples: Deposit Account Agreement

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