Overdrawn Balance definition

Overdrawn Balance in relation to any Account means the balance in the Account in our favour, or where we have granted you an overdraft facility or line of credit in respect of the Account, the balance in the Account in our favour less the limit which we have notified to you of such overdraft facility or line of credit.
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Overdrawn Balance in relation to any Account means any negative balance in the Account.
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Overdrawn Balance in relation to the Card Account means the balance in favour of DBS on the Card Account, if any.
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Examples of Overdrawn Balance in a sentence

  • Failure to do so within five days triggers a second fee, a $35 Extended Overdrawn Balance Charge (“EOBC”).

  • The complaint alleged that Bank of America charged usurious interest rates in violation of 12 U.S.C. § 85, and sought certification of a class of “[a]ll holders of a [Bank of America] checking and/or money market account who, within the two-year period preceding the filing of this lawsuit, incurred one or more Extended Overdrawn Balance Charges.” Doc.

  • It was this second fee, known as an Extended Overdrawn Balance Charge (EOBC)—or, more plainly, an “extended-overdraft charge”—that was at issue here.

  • Plaintiffs settle class litigation over Bank of America’s $35 “Extended Overdrawn Balance Charges.” ...........................................

  • If for any reason there is an Overdrawn Balance in any Account, whether as a result of any Card Transaction, Cash Withdrawal and/ or Cash Advance and whether with or without our consent, you must immediately pay us the amount of the Overdrawn Balance in such manner as we may in our reasonable discretion direct and communicate to you.

  • Failure to do so within five days triggered a$35 Extended Overdrawn Balance Charge (“EOBC”).

  • This fee is referred to as an “Extended Overdrawn Balance Charge” or “EOBC.”Bank of America required customers to sign a deposit agreement before opening a deposit account.

  • Key monitoring and evaluation indicators are summarized in the Table 1 (also see Annex 1).Table 1.

  • On day seven, (July 12, 2016), BofA charged her an28 Extended Overdrawn Balance Charge of $35.00.

  • Furthermore, Plaintiffs' request does not adequately take into account the medical necessity criteria discussed above.


More Definitions of Overdrawn Balance

Overdrawn Balance in relation to the Account means the balance in favour of the Bank on the Account, if any;
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Overdrawn Balance in relation to any Account means the balance in the Account in our favour, or where we have granted you an overdraft facility or line of credit in respect of the Account, the balance in the Account in our favour less the limit which we have notified to you of such overdraft facility or line of credit.
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Overdrawn Balance inrelation toany Account means any negative balance in the Account;
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Related to Overdrawn Balance

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.

  • Pool Balance means, as of any date, the aggregate Principal Balance of the Receivables (exclusive of all Administrative Receivables for which the Servicer has paid the Administrative Purchase Payment, Warranty Receivables for which the Seller has paid the Warranty Purchase Payment and Defaulted Receivables) as of the close of business on such date.

  • Outstanding Balance of any Receivable at any time means the then outstanding principal balance thereof.

  • Adjusted Pool Balance means, on the Closing Date, an amount equal to:

  • Reserve Account Excess Amount means, with respect to any Payment Date, an amount equal to the excess, if any, of (a) the amount of cash or other immediately available funds in the Reserve Account (excluding any net investment earnings) on that Payment Date, after giving effect to all deposits to and withdrawals from the Reserve Account on such Payment Date, over (b) the Specified Reserve Account Balance with respect to such Payment Date.

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 1.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • Reserve Account Amount means, for any Distribution Date, the amount on deposit in and available for withdrawal from the Reserve Account on such Distribution Date (after giving effect to all deposits to and withdrawals from the Reserve Account on the preceding Distribution Date, or, in the case of the initial Distribution Date, the Closing Date), including all interest and other income (net of losses and investment expenses) earned on such amount during the preceding Collection Period.

  • Collection Period means, with respect to any Payment Date, the period commencing on the first day of the calendar month immediately preceding the month in which such Payment Date occurs (and, in the case of the first Collection Period, the period from (but excluding) the Cutoff Date) and ending on the last day of the calendar month immediately preceding the month in which such Payment Date occurs.