Right to Set Off. If your Account balance becomes and remains negative, we can use the funds in any of your accounts with us to repay the negative balance in your Account without any further notice to or demand on you. Moreover, we have the right to set-off any liability, direct or contingent, past, present or future that you owe against any account you have with us. Further, you grant us a lien on and security interest in the funds on deposit in each of your account(s) as security for all of your liabilities and obligations to us, now or in the future.
Right to Set Off. Notwithstanding anything to the contrary in this License Agreement, each Party has the right at all times to retain and set off against all amounts due and owing to the other Party as determined in a final judgment any damages recovered by such Party for any Losses incurred by such Party.
Right to Set Off. Upon the occurrence of a Default hereunder, the Lender, without notice or demand of any kind, may hold and set off against such of the Liabilities (whether matured or unmatured) as the Lender may elect any balance or amount to the credit of the Borrower in any deposit, agency, reserve, holdback or other account of any nature whatsoever maintained by or on behalf of the Borrower with the Lender at any of its offices, regardless of whether such accounts are general or special and regardless of whether such accounts are individual or joint. Any Person purchasing an interest in debt obligations under this Agreement held by the Lender may exercise all rights of offset with respect to such interest as fully as if such Person were a holder of debt obligations hereunder in the amount of such interest.
Right to Set Off. Upon the occurrence and during the continuance of any Event of Default, the Administrative Agent and each other Lender Party are hereby authorized at any time and from time to time, to the fullest extent permitted by law, to setoff and apply any and all deposits (general or special, time or demand, provisional or final) at any time held and other indebtedness at any time owing by the Administrative Agent or any such Lender Party, as the case may be, to or for the credit or the account of the Guarantor against any and all of the Guaranteed Obligations now or hereafter existing under this Guaranty, irrespective of whether the Administrative Agent or any such Lender Party shall have made any demand under this Guaranty. Each Lender Party agrees promptly to notify the Guarantor, the Borrowers and the Administrative Agent after any such set-off and application made by the Administrative Agent or any such Lender Party, provided that the failure to give such notice shall not affect the validity of such set-off and application. The rights of the Administrative Agent and each other Lender Party under this Section are in addition to other rights and remedies (including, without limitation, other rights of set-off) which the Administrative Agent or any of the other Lender Parties may have.
Right to Set Off. You do not have the right to stop payment on any purchase or payment transaction originated through use of the Card. If you authorize a transaction and then fail to make the purchase, the approval may result in a hold for that amount of funds for up to sixty (60) days.
Right to Set Off. If the Account balance remains negative for fifteen (15) days, we can use the funds in any of your accounts on deposit with us to repay the negative amount owed on the Account. This means we have the right to set- off any liability, direct or contingent, past, present or future that you owe against any account you have with us. Further, you grant us a lien on and security interest in the funds on deposit in each of your account(s) as security for all of your liabilities and obligations to us, now or in the future. We will notify you if we have exercised our right to set off.
Right to Set Off. If any such cost, loss, damage, expense, liability, claim, or obligation occurs or is incurred by PainCare or Subsidiary, PainCare or Subsidiary shall have the right, after written notice to the Shareholder, at PainCare’s or Subsidiary’s option and in addition to any other actions permitted by law, to offset the amount of any such cost, loss, damage, expense, liability, obligation or claim against amounts due from PainCare or Subsidiary to the Shareholder, including the right to offset any post-closing payment due from PainCare or Subsidiary to the Shareholder under this Agreement or any other agreement.
Right to Set Off. By accepting this Agreement, the Recipient consents to a deduction from any amounts the Company owes the Recipient from time to time (including amounts owed to the Recipient as wages or other compensation, for any benefits, or vacation pay, as well as any other amounts owed to the Recipient by the Company), up to the dollar amount the Recipient owes the Company under Section 4(h) or 4(k) hereof. Whether or not the Company elects to make any set off in whole or in part, if the Company does not recover by means of set off the full amount the Recipient owes the Company calculated as set forth in Section 4(h) hereof, the Recipient agrees to pay immediately the unpaid balance to the Company.
Right to Set Off. (i) The Cardmember agrees that the Bank is entitled at any time without notice or demand and without liability to account for loss of interest, to combine, consolidate and to set-off or transfer any amounts from any account maintained whether in Singapore or elsewhere and whether matured or not by the Cardmember with the Bank whether such accounts be held by the Cardmember singly or jointly with another person in settlement of any outstanding amount due to the Bank by the Cardmember on the Card Account.
Right to Set Off. Or Close Account(s): You each agree that we may, without prior notice and when permitted by law, set off the funds in the account against any due and payable debt owed to us now or in the future, by you or any joint owners on the account. The right of set-off and our impressed lien does not extend to any Xxxxx, XXX or similar tax deferred deposit you may have with us. Our right of set-off extends to any amount owed to us by any of the account owners, and supersedes any claim that might be made by your heirs, estate representatives and account beneficiaries. The credit union may close an account at any time if the account is overdrawn or the collected funds balance of the account does not exceed zero. Inactive or Dormant Accounts: Inactive Accounts (Accounts with no withdrawals or deposits within a one-year period) may be subject to an Inactive Account Fee. We have no liability if your Account becomes dormant and is therefore subject to escheatment in accordance with state and/or federal law. Checking Accounts that have had no activity in a one-year period may be closed without notice in order to prevent fraud. Inactive Checking Accounts can be subject to fraudulent activity. To protect you and the credit union from possible losses, we may, at our discretion close an inactive Checking Account. Funds, if any remaining in the Checking Account, will be transferred to the Prime Share Classic Savings and the Checking Account will be closed. Inactive IRA Passbook Accounts with no withdrawals or deposits within a one-year period will be subject to an Inactive Account Fee. Refer to the Fee Schedule. Traditional IRA owners over 70 ½ who waive their Required Mandatory Distribution (RMD) will be subject to escheatment if there is no distribution 3 years following the date of your required distribution. Unclaimed Property: Michigan law establishes procedures under which inactive/unclaimed property must be escheated (surrendered) to the state. Funds in an account are considered unclaimed if you have not had any activity or communication with us regarding your account over a period of three (3) years* based on the type of account and or product. Traditional IRA owners over 70 ½ who waive their Required Mandatory Distribution (RMD) will be subject to escheatment if there is no distribution 3 years following the date of your required distribution. *Applies to residents of Michigan. Inactivity period in other States that have Unclaimed Property Laws may vary.
