Common use of Withdrawals Clause in Contracts

Withdrawals. (a) Any withdrawals or debits from your CRC account by any means or methods which we may from time to time permit, shall first be from any credit balance reflected in your CRC account. (b) Notwithstanding anything herein, any deposit into your CRC account, howsoever made, shall not be available for withdrawal, whether or not the same is shown as credited to your CRC account in your CRC statement or on the deposit ticket, receipt or slip or otherwise, until we have received actual payment of funds and, if the deposit is in a foreign currency, until the same has been converted by us according to Clause 5(g) of this Agreement into Singapore Dollars, unless prior arrangements have been made with us to the contrary. (c) In the event you have drawn on any deposit made into your CRC account when no actual payment has been received by us, we shall be entitled to reverse the credit entries and utilize your credit line with us, if necessary, to cover the withdrawal and/or to take such other steps we may in our reasonable discretion deem necessary and any such reversal of entries, utilization of your credit line or other such action taken by us shall be binding on you.

Appears in 17 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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Withdrawals. (a) Any withdrawals or debits from your CRC CRCS account by any means or methods which we may from time to time permit, shall first be from any credit balance reflected in your CRC CRCS account. For this purpose, we may (but shall not be obliged to), at any time and from time to time, transfer any credit balances or part thereof to meet withdrawals and debits. (b) Notwithstanding anything herein, any deposit into your CRC CRCS account, howsoever made, shall not be available for withdrawal, whether or not the same is shown as credited to your CRC CRCS account in your CRC CRCS statement or on the deposit ticket, receipt or slip or otherwise, until we have received actual payment of funds and, if the deposit is in a foreign currency, until the same has been converted by us according to Clause 5(g) of this Agreement into Singapore Dollars, unless prior arrangements have been made with us to the contrary. (c) In the event you have drawn on any deposit made into your CRC CRCS account when no actual payment has been received by us, we shall be entitled to reverse the credit entries and utilize your credit line with us, if necessary, to cover the withdrawal and/or to take such other steps we may in our reasonable discretion deem necessary and any such reversal of entries, utilization of your credit line or other such action taken by us shall be binding on you.

Appears in 10 contracts

Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions

Withdrawals. (a) Any withdrawals or debits from your CRC CUC account by any means or methods which we may (but shall not be obliged to), at any time and from time to time permit, shall first be from any credit balance reflected in your CRC CUC account. For this purpose, we may (but shall not be obliged to), at any time and from time to time, transfer any credit balances or part thereof in your CUC interest account to your CUC account to meet withdrawals and debits. (b) Notwithstanding anything herein, any deposit into your CRC CUC account, howsoever made, shall not be available for withdrawal, whether or not the same is shown as credited to your CRC CUC account in your CRC CUC statement or on the deposit ticket, receipt or slip or otherwise, until we have received actual payment of funds and, if the deposit is in a foreign currency, until the same has been converted by us according to Clause 5(g) of this Agreement into Singapore Dollars, unless prior arrangements have been made with us to the contrary. (c) In the event you have drawn on any deposit made into your CRC CUC account when no actual payment has been received by us, we shall be entitled to reverse the credit entries and utilize your credit line with us, if necessary, to cover the withdrawal and/or to take such other steps we may in our reasonable discretion deem necessary and any such reversal of entries, utilization of your credit line or other such action taken by us shall be binding on you.

Appears in 6 contracts

Samples: Customer Agreement, Cuc Customer’s Agreement, Cuc Customer’s Agreement

Withdrawals. (a) Any withdrawals or debits from your CRC CRCS account by any means or methods which we may from time to time permit, shall first be from any credit balance reflected in your CRC CRCS account. For this purpose, we may (but shall not be obliged to), at any time and from time to time, transfer any credit balances or part thereof to meet withdrawals and debits. (b) Notwithstanding anything herein, any deposit into your CRC CRCS account, howsoever made, shall not be available for withdrawal, whether or not the same is shown as credited to your CRC CRCS account in your CRC CRCS statement or on the deposit ticket, receipt or slip or otherwise, until we have received actual payment of funds and, if the deposit is in a foreign currency, until the same has been converted by us according to Clause 5(g) of this Agreement into Singapore Dollars, unless prior arrangements have been made with us to the contrary. (c) In the event you have drawn on any deposit made into your CRC CRCS account when no actual payment has been received by us, we shall be entitled to reverse the credit entries and utilize your credit line with us, if necessary, to cover the withdrawal and/or to take such other steps we may in our reasonable absolute discretion deem necessary and any such reversal of entries, utilization of your credit line or other such action taken by us shall be binding on you.

Appears in 2 contracts

Samples: CRCS Customer Agreement, CRCS Customer Agreement

Withdrawals. (a) Any withdrawals or debits from your CRC account by any means or methods which we may from time to time permit, shall first first be from any credit balance reflected reflected in your CRC account. (b) Notwithstanding anything herein, any deposit into your CRC account, howsoever made, shall not be available for withdrawal, whether or not the same is shown as credited to your CRC account in your CRC statement or on the deposit ticket, receipt or slip or otherwise, until we have received actual payment of funds and, if the deposit is in a foreign currency, until the same has been converted by us according to Clause 5(g) of this Agreement into Singapore Dollars, unless prior arrangements have been made with us to the contrary. (c) In the event you have drawn on any deposit made into your CRC account when no actual payment has been received by us, we shall be entitled to reverse the credit entries and utilize your credit line with us, if necessary, to cover the withdrawal and/or to take such other steps we may in our reasonable discretion deem necessary and any such reversal of entries, utilization of your credit line or other such action taken by us shall be binding on you.

Appears in 1 contract

Samples: Customer Agreement

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Withdrawals. (a) Any withdrawals or debits from your CRC PC account by any means or methods which we may from time to time permit, shall first be from any credit balance reflected in your CRC PC account, including any interest credited thereon. (b) Notwithstanding anything herein, any deposit into your CRC PC account, howsoever made, shall not be available for withdrawal, whether or not the same is shown as credited to your CRC PC account in your CRC PC statement or on the deposit ticket, receipt or slip or otherwise, until we have received actual payment of funds and, if the deposit is in a foreign currency, until the same has been converted by us according to Clause 5(g) of this Agreement into Singapore Dollars, unless prior arrangements have been made with us to the contrary. (c) In the event you have drawn on any deposit made into your CRC PC account when no actual payment has been received by us, we shall be entitled to reverse the credit entries and utilize your credit line with us, if necessary, to cover the withdrawal and/or to take such other steps we may in our reasonable discretion deem necessary and any such reversal of entries, utilization of your credit line or other such action taken by us shall be binding on you.

Appears in 1 contract

Samples: Customer Agreement

Withdrawals. (a) Any withdrawals or debits from your CRC PC account by any means or methods which we may from time to time permit, shall first be from any credit balance reflected in your CRC PC account, including any interest credited thereon. (b) Notwithstanding anything herein, any deposit into your CRC PC account, howsoever made, shall not be available for withdrawal, whether or not the same is shown as credited to your CRC PC account in your CRC PC statement or on the deposit ticket, receipt or slip or otherwise, until we have received actual payment of funds and, if the deposit is in a foreign currency, until the same has been converted by us according to Clause 5(g) of this Agreement into Singapore Dollars, unless prior arrangements have been made with us to the contrary. (c) In the event you have drawn on any deposit made into your CRC PC account when no actual payment has been received by us, we shall be entitled to reverse the credit entries and utilize your credit line with us, if necessary, to cover the withdrawal and/or to take such other steps we may in our reasonable absolute discretion deem necessary and any such reversal of entries, utilization of your credit line or other such action taken by us shall be binding on you.

Appears in 1 contract

Samples: Customer Agreement

Withdrawals. (a) Any withdrawals or debits from your CRC CUC account by any means or methods which we may (but shall not be obliged to), at any time and from time to time permit, shall first first be from any credit balance reflected reflected in your CRC CUC account. For this purpose, we may (but shall not be obliged to), at any time and from time to time, transfer any credit balances or part thereof in your CUC interest account to your CUC account to meet withdrawals and debits. (b) Notwithstanding anything herein, any deposit into your CRC CUC account, howsoever made, shall not be available for withdrawal, whether or not the same is shown as credited to your CRC CUC account in your CRC CUC statement or on the deposit ticket, receipt or slip or otherwise, until we have received actual payment of funds and, if the deposit is in a foreign currency, until the same has been converted by us according to Clause 5(g) of this Agreement into Singapore Dollars, unless prior arrangements have been made with us to the contrary. (c) In the event you have drawn on any deposit made into your CRC CUC account when no actual payment has been received by us, we shall be entitled to reverse the credit entries and utilize your credit line with us, if necessary, to cover the withdrawal and/or to take such other steps we may in our reasonable discretion deem necessary and any such reversal of entries, utilization of your credit line or other such action taken by us shall be binding on you.

Appears in 1 contract

Samples: Cuc Customer’s Agreement

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