Common use of SECURITY INTEREST; SETOFF Clause in Contracts

SECURITY INTEREST; SETOFF. You grant us a security interest in your Account, including all current and future deposits, for amounts owing to us now and/or in the future under this Agreement or any other agreement you have with us. We may charge or set off funds in your Account, which can include, but is not limited to, those funds in your Savings Account or accrued unpaid interest earned on the Vaults, for any direct, indirect, and/or acquired obligations that you owe us now and/or in the future, regardless of the source of the funds in your Account, to the fullest extent permitted by law. If you have a negative balance in your primary deposit account due to your use of Overdraft Protection or for other reasons discussed in Section 9 titled “We Use The Available Balance Method” or Section 10 titled “Discretionary Overdraft Protection”, we will automatically deduct the negative balance amount from any current or future funds in your primary deposit account, your Savings Account, or any other account you open or maintain with us.

Appears in 4 contracts

Samples: Cayisbank Deposit Account Agreement, Go2bank Deposit Account Agreement, Go2bank Deposit Account Agreement

AutoNDA by SimpleDocs

SECURITY INTEREST; SETOFF. You grant us a security interest in your Accountaccount, including all current and future deposits, for amounts owing to us now and/or in the future under this Agreement agreement or any other agreement you have with us. We may charge or set off funds in your Accountaccount, which can include, but is not limited to, those funds in your Savings Account or accrued unpaid interest earned on the Vaultsyour Savings Account, for any direct, indirect, indirect and/or acquired obligations that you owe us now and/or in the future, regardless of the source of the funds in your Accountaccount, to the fullest extent permitted by law. If you have a negative balance in your primary deposit account due to your use of Overdraft Protection or for other reasons discussed in Section 9 8 titled “We Use The Available Balance Method” or Section 10 9 titled “Discretionary Overdraft Protection”, we will automatically deduct the negative balance amount from any current or future funds in your primary deposit account, your Savings Account, or any other account you open or maintain with us.

Appears in 3 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

SECURITY INTEREST; SETOFF. You grant us a security interest in your Account, including all current and future deposits, for amounts owing to us now and/or in the future under this Agreement or any other agreement you have with us. We may charge or set off funds in your Account, which can include, but is not limited to, those funds in your Savings Account or any Family Account, accrued unpaid interest earned on the Vaultsyour Savings Account or accrued unpaid Cash Back Rewards, for any direct, indirect, and/or acquired obligations that you owe us now and/or in the future, regardless of the source of the funds in your Account, to the fullest extent permitted by law. If you have a negative balance in your primary deposit account due to your use of Overdraft Protection or for other reasons discussed in Section 9 titled “We Use The Available Balance Method” or Section 10 titled “Discretionary Overdraft Protection”, ,” we will automatically deduct the negative balance amount from any current or future funds in your primary deposit account, your Savings Account, or any other account you open or maintain with us.

Appears in 2 contracts

Samples: Walmart Moneycard Deposit Account Agreement, Walmart Moneycard Deposit Account Agreement

SECURITY INTEREST; SETOFF. You grant us a security interest in your Account, including all current and future deposits, for amounts owing to us now and/or in the future under this Agreement or any other agreement you have with us. We may charge or set off funds in your Account, which can may include, but is not limited to, those funds in your High-Yield Savings Account or accrued unpaid interest earned on the VaultsAccount, for any direct, indirect, and/or acquired obligations that you owe us now and/or in the future, regardless of the source of the funds in your Account, to the fullest extent permitted by law. If you have a negative balance in your primary deposit account due to your use of Overdraft Protection or for other reasons discussed in Section 9 10 titled “We Use The Available Balance Method” or Section 10 11 titled “Discretionary Overdraft Protection”, we will automatically deduct the negative balance amount from any current or future funds in your primary deposit account, your account or High-Yield Savings Account, or any other account you open or maintain with us.

Appears in 1 contract

Samples: Deposit Account Agreement

AutoNDA by SimpleDocs

SECURITY INTEREST; SETOFF. You grant us a security interest in your Account, including all current and future deposits, for amounts owing to us now and/or in the future under this Agreement or any other agreement you have with us. We may charge or set off funds in your Account, which can may include, but is not limited to, those funds in your Savings Account or accrued unpaid interest earned on the VaultsMoney Vault, for any direct, indirect, and/or acquired obligations that you owe us now and/or in the future, regardless of the source of the funds in your Account, to the fullest extent permitted by law. If you have a negative balance in your primary deposit account due to your use of Overdraft Protection or for other reasons discussed in Section 9 10 titled “We Use The Available Balance Method” or Section 10 11 titled “Discretionary Overdraft Protection”, we will automatically deduct the negative balance amount from any current or future funds in your primary deposit account, your Savings Accountaccount or Money Vault, or any other account you open register or maintain with us.

Appears in 1 contract

Samples: Deposit Account Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.