Common use of Account Limits Clause in Contracts

Account Limits. (a) We reserve the right at our sole discretion to establish Account Limits for any Account and/or jointly in connection with other accounts or arrangements that you or your Affiliates may have with us or our Affiliates. We may, at our sole discretion, change any Account Limit. We will inform you prior to or simultaneously with the establishment of, or change to, an Account Limit. (b) You agree to regularly monitor and manage your Account, including but not limited to implementing internal policies and procedures to control Card Member spending, to ensure Account Limits are not exceeded. (c) Upon request, you must promptly provide us with copies of your financial information and other information about your business that is reasonably necessary for us or our Affiliates to assess our financial risk and comply with our legal obligations. We may use and share such information with our Affiliates. (d) We may require you to provide us with security in order to avoid having an Account Limit established or decreased, or to enable an increase to an Account Limit. (e) For the avoidance of doubt, you and/or the Card Member remain liable for all Charges as set out in this Agreement, including Charges incurred in excess of the Account Limit.

Appears in 41 contracts

Samples: Global Commercial Services Agreement, Global Corporate Payments Agreement, Global Corporate Payments Agreement

AutoNDA by SimpleDocs

Account Limits. (a) We reserve the right at our sole discretion to establish Account Limits for any Account and/or jointly in connection with other accounts or arrangements that you or your Affiliates may have with us or our Affiliates. We may, at our sole discretion, change any Account Limit. We will inform you prior to or simultaneously with the establishment of, or change to, an Account Limit. (b) You agree to regularly monitor and manage your Account, including but not limited to implementing internal policies and procedures to control Card Member spending, to ensure Account Limits are not exceeded. (c) Upon request, you must promptly provide us with copies of your financial information and other information about your business Agency/Department that is reasonably necessary for us or our Affiliates to assess our financial risk and comply with our legal obligations. We may use and share such information with our Affiliates. (d) We may require you to provide us with security in order to avoid having an Account Limit established or decreased, or to enable an increase to an Account Limit. (e) For the avoidance of doubt, you and/or the Card Member remain liable for all Charges as set out in this Agreement, including Charges incurred in excess of the Account Limit.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

AutoNDA by SimpleDocs

Account Limits. (a) We reserve the right at our sole discretion to establish Account Limits for any Account and/or jointly in connection with other accounts or arrangements that you or your Affiliates Afiliates may have with us or our AffiliatesAfiliates. We may, at our sole discretion, change any Account Limit. We will inform you prior to or simultaneously with the establishment of, or change to, an Account Limit. (b) You agree to regularly monitor and manage your Account, including but not limited to implementing internal policies and procedures to control Card Member Cardmember spending, to ensure Account Limits are not exceeded. (c) Upon request, you must promptly provide us with copies of your financial information and other information about your business that is reasonably necessary for us or our Affiliates Afiliates to assess our financial risk and comply with our legal obligations. We may use and share such information with our AffiliatesAfiliates. (d) We may require you to provide us with security in order to avoid having an Account Limit established or decreased, or to enable an increase to an Account Limit. (e) For the avoidance of doubt, you and/or the Card Member Cardmember remain liable for all Charges as set out in this Agreement, including Charges incurred in excess of the Account Limit.

Appears in 2 contracts

Samples: Corporate Meeting Card Agreement, Corporate Account Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!