Common use of Account Cannot Be Used After Closed Clause in Contracts

Account Cannot Be Used After Closed. Once your Account has been closed by us or closed at your request, neither you, any Authorized User(s), or any person(s) you or any Authorized User allow to use your Account is allowed to use your Account for any transaction. Upon closing of your Account, you must: (1) destroy all Cards and access checks and any other credit devices on your Account over which you have possession or the ability to access; (2) cause all Authorized Users to destroy any Cards, access checks and any other credit devices on your Account in their possession, and inform them that they must not attempt or make any further transactions on your Account; (3) advise all persons you or any Authorized User allow to use your Account, that they must not make or attempt or make any further transactions on your Account; and (4) advise all third parties to whom you have given permission to make recurring charges on your Account that your Account is closed and they cannot make any future charges to your Account. You bear sole liability for any legal, financial, or other consequences that may occur after your Account is closed, including the failure to have a recurring charge paid in a timely manner. We are not liable in any way for any legal, financial or other consequences that may occur as the result of closing your Account.