Common use of Overdrafts in General Clause in Contracts

Overdrafts in General. Account Overdrafts generally occur if you do not have sufficient funds available in your Account. Company does not permit Account Overdrafts on Consumer Accounts. We are not obligated to pay any Item presented for payment if your Account does not contain sufficient funds. Transactions will be denied if you have insufficient funds in your Account. We have no obligation to notify you before we deny a transaction for insufficient funds. If there is an Overdraft paid by us, you are responsible for any overdrawn balances and any associated fees. If there is an Overdraft paid by us on an Account with more than one Owner, each Owner, shall be jointly and severally liable for such Overdraft, plus any applicable fees. The amount of our Overdraft Item can be found on the applicable Fee Schedule.

Overdrafts in General. Account Overdrafts generally occur if you do not have sufficient funds available in your Account. Company Atmos does not permit Account Overdrafts on Consumer Accounts. We are not obligated to pay any Item presented for payment if your Account does not contain sufficient funds. Transactions will be denied if you have insufficient funds in your Account. We have no obligation to notify you before we deny a transaction for insufficient funds. If there is an Overdraft paid by us, you are responsible for any overdrawn balances and any associated fees. If there is an Overdraft paid by us on an Account with more than one Owner, each Owner, shall be jointly and severally liable for such Overdraft, plus any applicable fees. The amount of our Overdraft Item can be found on the applicable Fee Schedule.