Multiple NSF Fees definition
Examples of Multiple NSF Fees in a sentence
Effective July 1, 2020, and as a result of this litigation, Defendant changed its member agreement and other disclosures (including the fee schedule) to more clearly disclose its overdraft practices, including defining available balance, describing the impact of holds on available balance and the possibility of APPSN Fees and Multiple NSF Fees.
To determine the payment amount to Class Members, the Fee Expert will determine the total amount of Debit Card Fees, Less Than $10 Overdraft Fees, and Multiple NSF Fees charged to the Class Members.
On or after April 30, 2019 Defendant changed its contract to permit it to assess Multiple NSF Fees.
Neither the filing of the Registration Statement nor the offering or sale of the Shares as contemplated by this Agreement gives rise to any rights, other than those which have been waived or satisfied, for or relating to the registration of any shares of capital stock.
Defendant shall not make any additional or further contributions to the Settlement Fund, even if the total amount of all alleged Sufficient Funds Fees and Multiple NSF Fees charged to the Class Members exceeds the value of the Net Settlement Fund.
Plaintiff shall propose and recommend to the Court in the Motion for Preliminary Approval and later the Motion for Final Approval that the Settlement Class consisting of Class Members who were charged Multiple NSF Fees during the Class Period be certified for settlement purposes.
Defendants further agree to waive all Multiple NSF Fees for all customers for a period of three years following the date of the entry of the Final Approval Order, which is estimated at approximately $100,000 per year.
As for the Multiple NSF Fee Class, Defendant will provide the Settlement Administrator with the name, address, account information, and amount of Multiple NSF Fees owed to each Settlement Class Member in the Multiple NSF Fees Class.
In Class Counsel’s opinion, there is legal uncertainty about whether a judge or a jury will find that Defendant was contractually and otherwise legally obligated not to assess the Sufficient Funds Fees and Multiple NSF Fees.