Common use of Your Responsibility Regarding Your Account; Charges to Your Account Clause in Contracts

Your Responsibility Regarding Your Account; Charges to Your Account. You assume full financial responsibility with respect to all transactions executed for your Account. Except as required under applicable law, any payment you are required to make to us under this Agreement shall be made without withholding or deducting any taxes, levies, imposts, duties, charges, assessments or fees of any nature, including interest, penalties and additions thereto. If any such amounts are required to be withheld or deducted by Applicable Law in any local jurisdiction, you shall pay such additional amounts as necessary to ensure that the net amount received by us is equal to the amount that we would have received had no such withholding or deduction been required. You agree to promptly pay all charges associated with your Account (including without limitation transfer fees, bank transaction fees, custodial fees, processing fees resulting from legal or other proceedings, and interest charges) in accordance with our then-applicable fee schedule for your account and to satisfy any applicable federal, state, and local excise taxes. You authorize us to automatically debit your Account in payment of any charges posted to your Account. You agree not to violate the laws of the U.S., including without limitation, the economic sanctions administered by the U.S. Treasury’s Office of Foreign Assets Control. You may not use your Account or any Account-related service to conduct any activity that would violate this Agreement, applicable laws, rules or regulations, including any gambling activities. If we are uncertain regarding the legality of any transaction, we may refuse the transaction or freeze the amount in question while we investigate the matter.

Appears in 4 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

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