Common use of Settlement of Obligations Clause in Contracts

Settlement of Obligations. To the fullest extent permitted by applicable law, you authorize us to obtain payment of your obligations to us under this Agreement from time to time by (a) initiating debits to any of the Accounts, or (b) deducting the payment from the amount of any Bank Transfer. Such obligations include, without limitation, fees owed to us, and settlement for Bank Transfers initiated through our E-Banking Services. At the time any Account is closed or E-Banking Services are terminated, you agree that all such obligations shall be immediately due and payable to us, and you authorize us to withhold the amount of any such obligations from any Account. Debiting an Account or deducting payment from the amount of any Bank Transfer is not the Bank's exclusive remedy under this or any other section of this Agreement, and the Bank will not be deemed to have made an election of remedies by making any such debit or deduction on any one or more occasions.

Appears in 2 contracts

Samples: Banking Agreement, E Banking Agreement

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Settlement of Obligations. To the fullest extent permitted by applicable law, you authorize us to obtain payment of your obligations to us under this Agreement from time to time by (a) initiating debits to any of the Accounts, accounts or (b) deducting the payment from the amount of any Bank Transfer. Such obligations include, without limitation, fees owed to us, and settlement for Bank Transfers initiated through our E-Business Online Banking Services. At the time any Account account is closed or E-Business Online Banking Services are terminated, you agree that all such obligations shall will be immediately due and payable to us, and you authorize us to withhold the amount of any such obligations from any Accountaccount. Debiting an Account account or deducting payment from the amount of any Bank Transfer is not the Bank's exclusive remedy under this or any other section of this Agreement, and the Bank will not be deemed to have made an election of remedies by making any such debit or deduction on any one or more occasions.

Appears in 2 contracts

Samples: Banking Agreement, Banking Agreement

Settlement of Obligations. To the fullest extent permitted by applicable law, you authorize us to obtain payment of your obligations to us under this Agreement from time to time by (a) initiating debits to any of the Accounts, accounts or (b) deducting the payment from the amount of any Bank Transfer. Such obligations include, without limitation, fees owed to us, and settlement for Bank Transfers initiated through our Business E-Banking Services. At the time any Account account is closed or Business E-Banking Services are terminated, you agree that all such obligations shall will be immediately due and payable to us, and you authorize us to withhold the amount of any such obligations from any Accountaccount. Debiting an Account account or deducting payment from the amount of any Bank Transfer is not the Bank's exclusive remedy under this or any other section of this Agreement, and the Bank will not be deemed to have made an election of remedies by making any such debit or deduction on any one or more occasions.

Appears in 1 contract

Samples: Banking Agreement

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Settlement of Obligations. To the fullest extent permitted by applicable law, you authorize us to obtain payment of your obligations to us under this Agreement from time to time by (a) initiating debits to any of the Accounts, or (b) deducting the payment from the amount of any Bank Transfer. Such obligations include, without limitation, fees owed to us, and settlement for Bank Transfers initiated through our E-Banking Services. At the time any Account is closed or E-Banking Services are terminated, you agree that all such obligations shall will be immediately due and payable to us, and you authorize us to withhold the amount of any such obligations from any Account. Debiting an Account or deducting payment from the amount of any Bank Transfer is not the Bank's exclusive remedy under this or any other section of this Agreement, and the Bank will not be deemed to have made an election of remedies by making any such debit or deduction on any one or more occasions.

Appears in 1 contract

Samples: www.cfnb.bank

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