Common use of Review and Termination Clause in Contracts

Review and Termination. All use of this External Transfer Service is subject to internal review by the Bank. In the event we, in our sole discretion, determine that there are heightened risks associated with your use of the External Transfer Service, we may delay or cancel any pending transfers, with or without notice. We may determine that there are heightened risks on any basis that we deem reasonable, including but not limited to the following circumstances: 1) Any of your Internal Accounts are not current or are not in good standing; 2) You have had an overdraft, an over-limit item, or an item returned for insufficient funds with respect to any Internal Account during the current or six prior calendar months; or 3) You have had prior transfer(s) canceled or revoked due to insufficient funds, revoked authorization, stopped payments, frozen accounts, or any other reason.

Review and Termination. All use of this External Transfer Service is subject to internal review by the Bank. In the event we, in our sole discretion, determine that there are heightened risks associated with your use of the External Transfer Service, we may delay or cancel any pending transfers, with or without notice. We may determine that there are heightened risks on any basis that we deem reasonable, including but not limited to the following circumstances: 1) Any of your Internal Accounts are not current or are not in good standing; 2) You have had an overdraft, an over-limit item, or an item returned for insufficient funds with respect to any Internal Account during the current or six prior calendar months; or 3) You have had prior transfer(s) canceled or revoked due to insufficient funds, revoked authorization, stopped payments, frozen accounts, or any other reason.or

Review and Termination. All use of this External Transfer Service is subject to internal review by the Peoples Bank. In the event we, in our sole discretion, determine that there are heightened risks associated with your use of the External Transfer Service, we may delay or cancel any pending transfers, with or without notice. We may determine that there are heightened risks on any basis that we deem reasonable, including but not limited to the following circumstances: 1) Any of your Internal Accounts are not current or are not in good standing; 2) You have had an overdraft, an over-limit item, or an item returned for insufficient funds with respect to any Internal Account during the current or six prior calendar months; or 3) You have had prior transfer(s) canceled or revoked due to insufficient funds, revoked authorization, stopped payments, frozen accounts, or any other reason.