Overdraw Transfer Sample Clauses

Overdraw Transfer. If you open a checking account, your savings account will automatically be set to transfer funds needed to cover an overdraft, if there are sufficient funds. If you have other accounts with us, you can authorize us to set those accounts up as well or in the place of your savings account. This service cannot be applied to other checking accounts. No application is required for this service. Use or allowance of Overdraw Transfer does not constitute an actual or implied agreement between you and us, nor does it constitute an actual or implied obligation of or by us. This service is discretionary and may be withdrawn or withheld by us at any time without prior notice or reason or cause. Each transfer results in a fee. You may opt out at any time.
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Related to Overdraw Transfer

  • Overdraft In the event that the Custodian is directed by Proper Instructions to make any payment or transfer of funds on behalf of a Fund for which there would be, at the close of business on the date of such payment or transfer, insufficient funds held by the Custodian on behalf of such Fund, the Custodian may, in its discretion, provide an overdraft ("Overdraft") to the Fund (such Fund being referred to herein as an "Overdraft Fund"), in an amount sufficient to allow the completion of such payment or transfer. Any Overdraft provided hereunder: (a) shall be payable on the next Business Day, unless otherwise agreed by the Overdraft Fund and the Custodian; and (b) shall accrue interest from the date of the Overdraft to the date of payment in full by the Overdraft Fund at a rate agreed upon in writing, from time to time, by the Custodian and the Overdraft Fund. The Custodian and the Funds acknowledge that the purpose of such Overdrafts is to temporarily finance the purchase or sale of securities for prompt delivery in accordance with the terms hereof. The Custodian hereby agrees to notify each Overdraft Fund by 3:00 p.m., New York time, of the amount of any Overdraft. Provided that Custodian has given the notice required by this subparagraph (f), the Funds hereby agree that, as security for the Overdraft of an Overdraft Fund, the Custodian shall have a continuing lien and security interest in and to all interest of such Overdraft Fund in Securities whose purchase is financed by Custodian and which are in Custodian's possession or in the possession or control of any third party acting on Custodian's behalf and the proceeds thereof. In this regard, Custodian shall be entitled to all the rights and remedies of a pledgee under common law and a secured party under the New York Uniform Commercial Code and any other applicable laws or regulations as then in effect."

  • Charge / Transfer k. If the separate document of title or strata title for the Property has been issued whether before on or after the date of auction sale, the Assignee shall not be required to procure a Memorandum of Transfer nor to register its charge as prescribed by the National Land Code 1965 or Sarawak Land Code or the Land Ordinance Cap. 68 of the Laws of Sabah (where applicable) in favour of the Purchaser from the Developer and/or Proprietor (as the case may be).

  • Overdracht Het is u niet toegestaan de Apple software te (doen) verhuren, te (doen) leasen, in gebruik te (doen) geven, te herdistribueren of in sublicentie te geven. Het is u echter toegestaan eenmalig al uw rechten met betrekking tot de Apple software (in de originele staat zoals door Apple geleverd) ingevolge deze licentie blijvend over xx xxxxxx aan een derde, op voorwaarde dat (a) de overdracht betrekking heeft op de gehele Apple software, inclusief alle onderdelen, originele media, documentatie en deze licentie; (b) u noch volledige noch gedeeltelijke kopieën van de Apple software, inclusief kopieën die zijn opgeslagen op een computer of opslagapparaat, behoudt en (c) de derde die de Apple software ontvangt, de voorwaarden van deze licentie leest en xxxx xxxxx akkoord verklaart. Alle onderdelen van de Apple software xxxxxx geleverd als onderdeel van een pakket. Het is niet toegestaan een of meer van deze onderdelen van het pakket xx xxxxxxxx en als zelfstandige toepassing te verspreiden. Updates: Indien een update op de Apple software een eerdere gelicentieerde xxxxxx van de Apple software volledig vervangt (volledige installatie), is het u niet toegestaan beide versies van de Apple software tegelijk te gebruiken of deze afzonderlijk van elkaar over xx xxxxxx. NFR-kopieën/niet voor wederverkoop bestemde kopieën: Ongeacht de overige bepalingen van deze licentie mag Apple software die door Apple is aangemerkt als bestemd voor promotiedoeleinden en/of die door Apple met dit doel aan u is verstrekt, uitsluitend xxxxxx gebruikt voor demonstratie-, test- en evaluatiedoeleinden. Het is u niet toegestaan dergelijke software aan xxxxxx door te verkopen of over xx xxxxxx. Herstelkopieën van het Apple systeem: De herstel-cd’s of -dvd’s die mogelijk bij het Apple hardwarepakket zijn geleverd of anderszins door Apple zijn geleverd in combinatie met een Apple hardwarepakket, bevatten een kopie van de Apple software die uitsluitend voor diagnostische doeleinden of voor herstel van de Apple software mag xxxxxx aangewend. U mag deze cd’s en dvd’s uitsluitend als onderdeel van het Apple hardwarepakket aan xxxxxx doorverkopen of overdragen. Academische xxxxxx: Indien het Apple softwarepakket is voorzien van een etiket dat aangeeft dat het de academische xxxxxx betreft of als u de Apple software hebt aangeschaft met een onderwijskorting, dient u een in aanmerking komende eindgebruiker in het onderwijs te zijn om de Apple software xx xxxxx gebruiken. Onder "in aanmerking komende eindgebruikers in het onderwijs" wordt verstaan: studenten, docenten, stafleden en administratief personeel, studerend of werkzaam aan een onderwijsinstelling (bijvoorbeeld een universiteit of hogeschool of een school voor lager of voortgezet onderwijs).

  • Payment of Overdrafts If, on any day, the available balance in your share or deposit account is not sufficient to pay the full amount of a check, draft, transaction, or other item, plus any applicable fee, that is posted to your account, we may return the item or pay it, as described below. The Credit Union’s determination of an insufficient available account balance may be made at any time between presentation and the Credit Union’s midnight deadline with only one review of the account required. We do not have to notify you if your account does not have a sufficient available balance in order to pay an item. Your account may be subject to a fee for each item regardless of whether we pay or return the item. We may charge a fee each time an item is submitted or resubmitted for payment; therefore, you may be assessed more than one fee as a result of a returned item and resubmission(s) of the returned item. If we offer standard overdraft services, this service allows us to authorize payment for the following types of transactions regardless of whether your share or deposit account has sufficient funds: (1) share drafts/checks and other transactions made using your checking account, except as otherwise described below; (2) automatic xxxx payments; (3) and ACH transactions. For ATM and one-time debit card transactions, you must affirmatively consent to such coverage. Without your consent, the Credit Union may not authorize and pay an ATM or one-time debit card transaction that will result in insufficient funds in your account. If you have established a service linking your share or deposit account with other individual or joint accounts, you authorize us to transfer funds from another account of yours to cover an insufficient item, including transfers from a share or deposit account, an overdraft line-of-credit account, or other account you so designate. Services and fees for these transactions are shown in the document the Credit Union uses to capture your affirmative consent and the Schedule of Fees and Charges. Except as otherwise agreed in writing, if we exercise our right to use our discretion to pay such items that result in an insufficiency of funds in your account, we do not agree to pay them in the future and may discontinue coverage at any time without notice. If we pay these items or impose a fee that results in insufficient funds in your account, you agree to pay the insufficient amount, including the fee assessed by us, in accordance with our standard overdraft services or any other service you may have authorized with us or, if you do not have such protections with us, in accordance with any overdraft payment policy we have, as applicable.

  • ACH & Wire Transfers If we provide the service, you may initiate or receive credits or debits to your account through wire or ACH transfer. You agree that if you receive funds by a wire or ACH transfer, we are not required to notify you at the time the funds are received. Instead, the transfer will be shown on your periodic statement. We may provisionally credit your account for an ACH transfer before we receive final settlement. We may reverse the provisional credit or you will refund us the amount if we do not receive final settlement. When you initiate a wire transfer, you may identify either the recipient or any financial institution by name and by account or identifying number. The Credit Union (and other institutions) may rely on the account or other identifying number as the proper identification even if it identifies a different party or institution.

  • Payment and Transfer Unless otherwise mutually agreed, all transfers of funds hereunder shall be in immediately available funds. All Securities transferred by one party hereto to the other party (i) shall be in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the party receiving possession may reasonably request, (ii) shall be transferred on the book-entry system of a Federal Reserve Bank, or (iii) shall be transferred by any other method mutually acceptable to Seller and Buyer.

  • Overdraft Fees There is an Overdraft Fee for each paid overdraft check or item. If we do not pay the overdraft, there is a NSF/Returned Item fee per check or item. There is no limit on the number of overdrafts paid or overdraft fees incurred on any one day. These fees are set forth in our Rate and Fee Schedule.

  • Funds Transfers With respect to each Instruction for a Cash transfer, when the Instruction is to credit or pay a party by both a name and a unique numeric or alpha-numeric identifier (e.g., IBAN or ABA or account number), BNY Mellon and any other bank participating in the Cash transfer will be entitled to rely solely on such numeric or alpha-numeric identifier, even if it identifies a party different from the party named. Such reliance on an identifier will apply to beneficiaries named in the Instruction, as well as any financial institution that is designated in the Instruction to act as an intermediary in such Cash transfer. To the extent permitted by applicable law, the Parties will be bound by the rules of any transfer system used to effect a Cash transfer under this Agreement.

  • Payments by Wire-Transfer All payments under this Single Family Shared-Loss Agreement shall be made by wire-transfer in accordance with the wire-transfer instructions on Exhibit 4.

  • Overdrafts The Trust is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Trust may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit C hereto (as amended from time to time)

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