Commercial deposit account agreement

commercial deposit account agreement

You understand and agree that the decision by us to take certain actions, including placing holds on or cafetiere chez geant casino limiting access to your account may be based on confidential criteria that are essential to risk management or security concerns.
We may pay or refuse to pay any postdated, stale or overdraft check, or other item presented for payment on Your Account without any liability.
There may be limitations on account activity that restrict your ability to make electronic fund transfers.
A deposit account with more than one account owner.ABC Company for the benefit of ABC Company Customers) administered by you.Our direct deposit service and deposit by mail service are for your convenience.What THE arbitrator(S) must DO Each arbitrator must: WHO pays FOR arbitration There will be costs for arbitration.Definitions: Electronic Fund Transfer: Any transfer of funds, other than a transaction originated by check, draft or similar paper instrument, that is initiated through an electronic terminal, telephone, computer or magnetic tape to instruct us to debit or credit an account."Financial asset" Section 8-102.NOW accounts, which are rare checking accounts that require a seven-day notice before withdrawals.Telephoning is the best way of keeping Your possible losses down.If an arbitrator other than the AAA is chosen, the Rules of the AAA will be applied to any circumstance that is not addressed by the Rules of the chosen arbitrator.Do I plan to expand and hire more employees, if so, when?(33) "Equipment" means goods other than inventory, farm products, or consumer goods.If You make a deposit on a Saturday, Sunday, or a holiday, or after Our predetermined cut-off hour on business days, the deposit will be credited to Your Account as of the next business day.If any item deposited to your account is payable by a payor that is not a bank, we may send the item directly to that payor.The arbitrators will award to the prevailing party, if any, the costs and attorneys fees reasonably incurred by the prevailing party in connection with those aspects of its claims or defenses on which it prevails, and any opposing awards of costs and attorneys fees awards. Upon receiving notice from you, we will use commercially reasonable efforts to revoke Platforms access to your account unless in our sole discretion revoking such access is in violation of an agreement or law, or we otherwise determine revoking access will result in losses under.1, a deposit account in which amounts over a certain balance are automatically transferred to another account pursuant to a pre-determined set of arrangements.NO class disputes You cannot join together in a dispute with anyone other than people who use your Account.
Any account owner may place a stop payment order, and we are not required to release a stop payment order unless requested to do so by the account owner who requested.
However, each Preauthorized Electronic Fund Transfer will be subject to the regular account service charges, if any, in accordance with the terms of the related account(s) in effect from time to time.

In no event shall we be liable for any act or omission of any third party (such as, for example, any provider of telecommunications services, Internet access or computer equipment or software) or any circumstances beyond our control (such as, for example, a fire, flood.
"Lessor's residual interest" Section 2A-103.
Iispute arises between YOU AND US, YOU OR WE MAY require that IT BE resolved through arbitration, rather than through jury trial.