Order of Payments, Transfers, Other Withdrawals Sample Clauses

Order of Payments, Transfers, Other Withdrawals. If your account has insufficient funds to perform all electronic funds transfers (ATM withdrawals, pre-authorized transactions, Online Banking transfers and bill payments, etc.) that you have requested for a given business day, then:
Sample 1Sample 2Sample 3See All (12)
AutoNDA by SimpleDocs
Order of Payments, Transfers, Other Withdrawals. If your account has insufficient funds to perform all electronic fund transfers (ATM withdrawals, pre-authorized transactions, transfers and bill payments, etc.) that you have requested for a given business day, then: (a) Certain electronic fund transfers involving currency disbursement, like ATM withdrawals, will have priority, and (b) The electronic fund transfers initiated through online banking may result in an overdraft of your account and may, at COMMUNITY 1ST CREDIT UNION's discretion, be canceled. In addition, you will be charged the same overdraft charges that apply to your account.
Sample 1Sample 2
Order of Payments, Transfers, Other Withdrawals. In the event your account has insufficient collected funds to perform all electronic funds transfers (ATM withdrawals, pre-authorized transactions, Electronic Banking transfers, Bill Payments, etc.) that you have requested for a given business day, the “Order of Payments” provision under the section entitled “Overdrafts” in the Membership Agreement will govern the order of payments. In addition, you may be charged the same overdraft charges that apply to your account generally. You agree to have collected funds available on deposit in the account you designate in amounts sufficient to pay for all electronic funds transfers (ATM withdrawals, pre- authorized transactions, Electronic Banking transfers, Bill Payments, etc.), as well as any other payment obligations you have to us. We reserve the right, without liability, to reject or reverse an electronic funds transfer if you fail to comply with this requirement or any other terms of this Agreement. If you do not have sufficient funds in the account and we have not exercised our right to reverse or reject the electronic funds transfer, you agree to pay for such payment obligations on demand. You further agree that we, at our option, may charge any of your accounts to cover such payment obligations. You agree that DFFCU will not be liable for any loss or damage resulting from any canceled or failed electronic funds transfer resulting from insufficient funds in your account, even when DFFCU had the ability to cover the payment through an overdraft but chose not to. You agree that although the Electronic Banking Services are intended to assist you in the management of your finances, you are solely responsible to ensure that you have enough funds in your accounts to cover all of your payments, transfers, and other transactions.
Sample 1
Order of Payments, Transfers, Other Withdrawals. If your account has insufficient funds to perform all electronic funds transfers (ATM withdrawals, pre-authorized transactions, YourCUAnywhere transfers and bxxx payments, etc.) that you have requested for a given business day, then: Certain electronic funds transfers involving currency disbursement, like ATM withdrawals, will have priority, and The electronic funds transfers initiated through YourCUAnywhere may result in an overdraft of your account and may, at CDC Federal Credit Union's discretion, be canceled. In addition, you will be charged the same overdraft charges that apply to your account.
Sample 1
Order of Payments, Transfers, Other Withdrawals. If your account has insufficient funds to perform all electronic funds transfers (ATM withdrawals, pre-authorized transactions, transfers, etc.) that you have requested for a given business day, then: Certain electronic funds transfers involving currency disbursement, like ATM withdrawals, will have priority, and The electronic funds transfers initiated through Mariner’s Bank Online Banking may result in an overdraft of your account and may, at the Bank's discretion, be canceled. In addition, you will be charged the same overdraft charges that apply to your account if it is overdrawn through cash withdrawals or the writing of checks.
Sample 1

Related to Order of Payments, Transfers, Other Withdrawals

  • Transfers From Other Plans We can receive amounts transferred to this Xxxx XXX from the trustee or custodian of another Xxxx XXX as permitted by the Code. In addition, we can accept rollovers of eligible rollover distributions from employer-sponsored retirement plans as permitted by the Code. We reserve the right not to accept any transfer.

  • Withdrawals Each of the Members does hereby covenant and agree that it will not withdraw, resign, retire or disassociate from the Company, except as a result of a Transfer of its entire Interest in the Company permitted under the terms of this Agreement and that it will carry out its duties and responsibilities hereunder until the Company is terminated, liquidated and dissolved under Section 13. No Member shall be entitled to receive any distribution or otherwise receive the fair market value of its Interest in compensation for any purported resignation or withdrawal not in accordance with the terms of this Agreement.

  • Order of Payments Checks, drafts, transactions, and other items may not be processed in the order that you make them or in the order that we receive them. We may, at our discretion, pay a check, draft, or item, and execute other transactions on your account in any order we choose. The order in which we process checks, drafts, or items, and execute other transactions on your account may affect the total amount of overdraft fees that may be charged to your account. Please contact us if you have questions about how we pay checks or drafts and process transfers and withdrawals.

  • ALLOCATION OF PAYMENTS The Assignor and the Assignee agree that (i) the Assignor shall be entitled to any payments of principal with respect to the Assigned Interest made prior to the Assignment Date, together with any interest and fees with respect to the Assigned Interest accrued prior to the Assignment Date, (ii) the Assignee shall be entitled to any payments of principal with respect to the Assigned Interest made from and after the Assignment Date, together with any and all interest and fees with respect to the Assigned Interest accruing from and after the Assignment Date, and (iii) the Agent is authorized and instructed to allocate payments received by it for account of the Assignor and the Assignee as provided in the foregoing clauses. Each party hereto agrees that it will hold any interest, fees or other amounts that it may receive to which the other party hereto shall be entitled pursuant to the preceding sentence for account of such other party and pay, in like money and funds, any such amounts that it may receive to such other party promptly upon receipt.

  • Transfer of Payments 1. Each Contracting Party shall guarantee to investors of the other Contracting Party, after fulfillment of all tax obligations, a free transfer abroad of payments in connection with the investments, and in particular:

  • Withdrawals or Transfers All requests for withdrawal or transfer will be in writing on a form provided by or acceptable to us. The method of distribution must be specified in writing or in any other method acceptable to us. The tax identification number of the recipient must be provided to us before we are obligated to make a distribution. Withdrawals will be subject to all applicable tax and other laws and regulations, including but not limited to possible early distribution penalty taxes, surrender charges, and withholding requirements.

  • Transfers and Rollovers The Custodian can receive amounts transferred or rolled over to this Xxxx XXX from the trustee or custodian of another Xxxx XXX as permitted by Code or applicable Regulations. The Custodian reserves the right not to accept any transfer or rollover.

  • Transfers and Payments 1. Each Party shall permit transfers and payments for current transactions relating to its specific commitments to be made freely and without delay into and out of its territory. 2. Each Party shall permit such transfers and payments relating to the supply of services to be made in a freely usable currency at the market rate of exchange prevailing on the date of transfer. 3. Notwithstanding paragraphs 1 and 2, a Party may prevent or delay a transfer or payment through the equitable, non- discriminatory and good faith application of its laws relating to: (a) bankruptcy, insolvency or the protection of the rights of creditors; (b) issuing, trading or dealing in securities, futures, options, or derivatives; (c) financial reporting or record keeping of transfers when necessary to assist law enforcement or financial regulatory authorities; (d) criminal or penal offences; or

  • Deduction of Rollovers and Transfers A deduction is not allowed for rollover or transfer contributions.

  • Withdrawals from Accounts Amounts credited to the Certificate Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account in any month following distribution of the Lower Tier Distribution Amount for such month, such amounts may be withdrawn by Xxxxxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx for any advance by it pursuant to such guaranty obligations under Sections 2.04 and 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.

Time is Money Join Law Insider Premium to draft better contracts faster.