Examples of Secured Accounts in a sentence
Credit Limit Secured Accounts The maximum amount that you can have outstanding on your Account at any time taking into consideration the collateral you deposit with Us. A Secured Card Account is a Card in which your Credit Limit is based on the amount we request you deposit in a Collateral Account.
For Wealth Management customers, Secured Accounts and residents of the British Virgin Islands, the margin applicable to your Transaction types will be determined by adding the Prime Rate at the time of approval of your application to a margin.
Such termination shall not limit or adversely affect Lender’s rights to all proceeds from the Secured Accounts.
Borrower wishes to appoint Lender as Borrower’s business associate, as that term is defined in the federal privacy regulations set forth at 45 CFR Part 160 and Part 164 (the “HIPAA Privacy Regulations”) for the purpose of collecting the Secured Accounts in the event of Borrower’s default on the Loan, and Lender agrees to serve as Borrower’s business associate in accordance with the terms and conditions set forth herein.
These limitations may be based on confidential fraud and risk criteria that are essential to our management of risk and the protection of you and the integrity of the service and all Secured Accounts and may be modified at our sole discretion without advance notice.