How is Account Suspension defined in a legal contract?
- Account Suspension means the status in which your account is temporarily paused, for any reason defined under the agreed terms and conditions, and you are unable to conduct any transactions. Seen in 3 SEC filings
- Account Suspension means if there is reason to believe an End User is not compliant, the unique ID or password may be changed, or the End User account may be closed or suspended. Seen in 2 SEC filings
- Account Suspension means if there is reason to believe an End User is not compliant, the unique ID or password may be changed, or the End User account may be closed or suspended. Seen in 2 SEC filings
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of account suspension' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Account Suspension means an account is temporarily unable to conduct transactions due to reasons defined in [terms and conditions].
Relevant Contract Types
Relevant Circumstances
- Breach of specified terms and conditions
- Suspicious activity detected on the account
- Violation of anti-money laundering policies
Relevant Sectors
Genie Definition 2
- Account Suspension means modification, closure, or suspension of an End User's account, due to non-compliance with [requirements].
Relevant Contract Types
Relevant Circumstances
- Violation of community guidelines
- Non-adherence to platform's user policies
- Misuse of privileges granted by a membership
Relevant Sectors
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Account Suspension means an account is temporarily unable to conduct transactions due to reasons defined in [terms and conditions].
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