Common use of Restrictions on Withdrawals from All Accounts Clause in Contracts

Restrictions on Withdrawals from All Accounts. In accordance with applicable law, the Credit Union reserves the right to require you to provide written notice of any intended withdrawals from any account(s) of not less than seven (7) days and up to sixty (60) days before the intended date of withdrawal. If there are sufficient funds to cover some but not all of your withdrawal orders, we may permit those for which there are sufficient funds in any order we choose. We may refuse to allow any transaction and will advise when required by applicable law if (1) there is a dispute between account owners; (2) a legal garnishment, attachment, or levy is served on us; (3) the account(s) secures any obligation owed to us; (4) any required documentation has not been provided to us; or (5) you are delinquent or fail to pay a loan or any other obligation owed to us when due. If we freeze or restrict any account, we will only be obligated to remove the freeze or restriction upon receipt of either an agreement signed by all interested persons or a legal document that meets our requirements.

Appears in 3 contracts

Samples: Membership, Account, and Account Services Agreement, Membership, Account, and Account Services Agreement, Membership, Account, and Account Services Agreement

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Restrictions on Withdrawals from All Accounts. In accordance with applicable law, the Credit Union reserves we reserve the right to require you to provide written notice of any intended withdrawals from any account(s) of not less than seven (7) days and up to but not more than sixty (60) days before the intended date of withdrawal. If there are sufficient funds to cover some but not all of your withdrawal orders, we may permit those for which there are sufficient funds in any order we choose. We may refuse to allow any transaction transaction, and will advise when required by applicable law if if; for example: (1) there is a dispute between account owners; (2) a legal garnishment, attachment, attachment or levy is served on us; (3) the account(s) secures any obligation owed to us; (4) any required documentation has not been provided to us; or (5) you are delinquent or fail to pay a loan or any other obligation owed to us when due. If we freeze or restrict any account, account – we will only be obligated to remove the freeze or restriction upon receipt of either an agreement signed by all interested persons person or a legal document that document, which meets our requirements.. In addition to the foregoing if any person should instruct the Credit Union to make a large cash withdrawal (the

Appears in 1 contract

Samples: Consumer Membership Account Agreement

Restrictions on Withdrawals from All Accounts. In accordance with applicable law, the Credit Union reserves we reserve the right to require you to provide written notice of any intended withdrawals from any account(s) of not less than seven (7) days and up to but not more than sixty (60) days before the intended date of withdrawal. If there are sufficient funds to cover some but not all of your withdrawal orders, we may permit those for which there are sufficient funds in any order we choose. We may refuse to allow any transaction transaction, and will advise when required by applicable law if if; for example: (1) there is a dispute between account owners; (2) a legal garnishment, attachment, attachment or levy is served on us; (3) the account(s) secures any obligation owed to us; (4) any required documentation has not been provided to us; or (5) you are delinquent or fail to pay a loan or any other obligation owed to us when due. If we freeze or restrict any account, we will only be obligated to remove the freeze or restriction upon receipt of either an agreement signed by all interested persons or a legal document that meets our requirements.

Appears in 1 contract

Samples: Membership and Account Agreement

Restrictions on Withdrawals from All Accounts. In accordance with applicable law, the Credit Union reserves we reserve the right to require you to provide written notice of any intended withdrawals from any account(s) of not less than seven (7) days and up to but not more than sixty (60) days before the intended date of withdrawal. If there are sufficient funds to cover some but not all of your withdrawal orders, we may permit those for which there are sufficient funds in any order we choose. We may refuse to allow any transaction transaction, and will advise when required by applicable law if if; for example: (1) there is a dispute between account owners; (2) a legal garnishment, attachment, attachment or levy is served on us; (3) the account(s) secures any obligation owed to us; (4) any required documentation has not been provided to us; or (5) you are delinquent or fail to pay a loan or any other obligation owed to us when due. If we freeze or restrict any account, account – we will only be obligated to remove the freeze or restriction upon receipt of either an agreement signed by all interested persons person or a legal document that document, which meets our requirements.. In addition to the foregoing if any person should instruct the Credit Union to make a large cash withdrawal (the definition of which shall be within the

Appears in 1 contract

Samples: Membership Agreement

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Restrictions on Withdrawals from All Accounts. In accordance with applicable law, the Credit Union reserves we reserve the right to require you to provide written notice of any intended withdrawals from any account(s) of not less than seven (7) days and up to but not more than sixty (60) days before the intended date of withdrawal. If there are sufficient funds to cover some but not all of your withdrawal orders, we may permit those for which there are sufficient funds in any order we choose. We may refuse to allow any transaction transaction, and will advise when required by applicable law if if; for example: (1) there is a dispute between account owners; (2) a legal garnishment, attachment, attachment or levy is served on us; (3) the account(s) secures any obligation owed to us; (4) any required documentation has not been provided to us; or (5) you are delinquent or fail to pay a loan or any other obligation owed to us when due. If we freeze or restrict any account, account – we will only be obligated to remove the freeze or restriction upon receipt of either an agreement signed by all interested persons or a legal document that meets our requirements.all

Appears in 1 contract

Samples: Membership Agreement

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