Common use of OUR RIGHTS WITH REGARD TO OVERPAYMENTS Clause in Contracts

OUR RIGHTS WITH REGARD TO OVERPAYMENTS. If funds to which you are not legally entitled have been deposited into your Account(s), by mistake or otherwise, you agree that such amounts are debts owed to us by you, and you authorize us summarily to withdraw such funds from the Account(s). We can do this without giving you prior notice or demand. We can also exercise our right of set-off to recover any such amount. (An example of such an overpayment to your Account, to which you are not legally entitled, would be a Social Security payment received by direct deposit after your death.)

OUR RIGHTS WITH REGARD TO OVERPAYMENTS. If funds to which you are not legally entitled have been deposited into your Account(s)Your Accounts, to which You are not legally entitled, by mistake or otherwise, you You agree that such amounts are debts owed owing from You to us by you, Us and you You authorize us Us summarily to withdraw such funds amounts from the Account(s)Account or any other account You have with Us. We can do this without giving you You prior notice or demand. We can also exercise our Our right of set-off to recover any such amount. (An example of such an overpayment over- payment to your Account, Your Account to which you You are not legally entitled, entitled would be a Social Security payment received by direct deposit after your Your death.)