Common use of OVERDRAFT PROTECTION Clause in Contracts

OVERDRAFT PROTECTION. We may transfer funds in multiples of $100.00 (or in such increments as We may from time to time determine) to Your share draft account by an advance on Your Line of Credit Feature Category, subject to this provision, to clear any overdraft on Your share draft account. Whether or not such transfers occur will be controlled by this Agreement. In any event, You hold Us harmless for any and all liability which might otherwise arise if the transfer does not occur. Overdraft protection automatically ceases if this Agreement is ever cancelled or terminated or Your Account is in default.

Appears in 6 contracts

Samples: Membership Agreements and Disclosures, Agreements and Disclosures, Agreements and Disclosures

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OVERDRAFT PROTECTION. We may transfer funds in multiples of $100.00 the amount necessary (or in such increments as We may from time to time determine) to Your share draft account by an advance on Your Line of Credit Feature Category, subject to this provision, to clear any overdraft on Your share draft account. Whether or not such transfers occur will be controlled by this Agreement. In any event, You hold Us harmless for any and all liability which might otherwise arise if the transfer does not occur. Overdraft protection automatically ceases if this Agreement is ever cancelled or terminated or Your Account is in default.

Appears in 2 contracts

Samples: Credit Line Account Agreement, Credit Line Account Agreement

OVERDRAFT PROTECTION. We may transfer funds in multiples of $100.00 the amount necessary (or in such increments as We may from time to time determine) to Your share draft account by an advance on Your Overdraft Line of Credit Feature Category, subject to this provision, to clear any overdraft on Your share draft account. Whether or not such transfers occur will be controlled by this Agreement. In any event, You hold Us harmless for any and all liability which might otherwise arise if the transfer does not occur. Overdraft protection automatically ceases if this Agreement is ever cancelled or terminated or Your Account is in default.

Appears in 2 contracts

Samples: Credit Line Account Agreement, Credit Card Agreement

OVERDRAFT PROTECTION. We may transfer funds in multiples of $100.00 the amount necessary (or in such increments as We may from time to time determine) to Your share draft account by an advance on Your Line of Credit Feature CategoryAccount, subject to this provision, to clear any overdraft on Your share draft account. Whether or not such transfers occur will be controlled by this Agreement. In any event, You hold Us harmless for any and all liability which might otherwise arise if the transfer does not occur. Overdraft protection automatically ceases if this Agreement is ever cancelled or terminated or Your Account is in default.

Appears in 1 contract

Samples: Credit Card Account Agreement

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OVERDRAFT PROTECTION. We may transfer funds in multiples of $100.00 the amount necessary (or in such increments as We may from time to time determine) to Your share draft account Account by an advance on Your Line of Credit ReadyLine Feature Category, subject to this provision, to clear any overdraft on Your share draft account. Whether or not such transfers occur will be controlled by this Agreement. In any event, You hold Us harmless for any and all liability which might otherwise arise if the transfer does not occur. Overdraft protection automatically ceases if this Agreement is ever cancelled or terminated or Your Account is in default.

Appears in 1 contract

Samples: Credit Line Account Agreement

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