Common use of Your Obligation for Negative Balances Clause in Contracts

Your Obligation for Negative Balances. You must keep enough money on your Card to pay for each transaction. If a merchant attempts to process a transaction for more than the value available on the Card, the transaction may be declined. If the transaction is not declined, you are responsible for any amount that is charged in excess of your Card balance. If you have a negative balance on your Card, we may deduct the negative balance amount from any current or future funds on this or any other Card you register or maintain (including any other prepaid cards serviced by Green Dot and issued by the Bank to you).

Appears in 3 contracts

Samples: Cardholder Agreement, Cardholder Agreement, Cardholder Agreement

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Your Obligation for Negative Balances. You must keep enough money on your Card to pay for each transaction. If a merchant attempts to process a transaction for more than the value available on the Card, the transaction may will be declined. If the transaction is not declined, you are responsible for any amount that is charged in excess of your Card balance. If you have a negative balance on your CardCard which is as a result of charging of the recurring fees, we may deduct the that negative balance amount from any current or future funds on this or any other Card you register or maintain (including any other prepaid cards serviced by Green Dot and issued by the Bank to you)maintain.

Appears in 2 contracts

Samples: Cardholder Agreement, Cardholder Agreement

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