Common use of Appropriation of Payment Right of Set Off Clause in Contracts

Appropriation of Payment Right of Set Off. 15.1 Right of appropriation (i) all unpaid interest, fees and charges shown in any previous master billing statement of account; (ii) all unpaid interest, fees and charges shown in the current master billing statement of account; (iii) all unpaid fund transfer balances (subject to 15.1(b)), Card transactions shown in any previous master billing statements of account; (iv) all unpaid fund transfer balances (subject to 15.1(b)), Card transactions shown in the current master billing statement of account; (v) all unpaid fund transfer balances (subject to 15.1(b)), Card transactions not yet included in the computation of any master billing statement of account. (b) Payments made to your Card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected in your statement of account) before reducing any other outstanding balance in your Card account (including any balances transferred from previous fund transfer programs).

Appears in 9 contracts

Samples: Citi Purchasing Card Cardmember’s Agreement, Citi Travel Account Card Cardmember’s Agreement, Citi Travel Account Card Cardmember’s Agreement

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Appropriation of Payment Right of Set Off. 15.1 Right of appropriation (i) all unpaid interest, fees and charges shown in any previous master billing statement of account; (ii) all unpaid interest, fees and charges shown in the current master billing statement of account; (iii) all unpaid fund transfer balances (subject to 15.1(b)), cash advances, Card transactions shown in any previous master billing statements of account; (iv) all unpaid fund transfer balances (subject to 15.1(b)), cash advances, Card transactions shown in the current master billing statement of account; (v) all unpaid fund transfer balances (subject to 15.1(b)), cash advances, Card transactions not yet included in the computation of any master billing statement of account. (b) Payments made to your Card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected in your statement of account) before reducing any other outstanding balance in your Card account (including any balances transferred from previous fund transfer programs).

Appears in 4 contracts

Samples: Citi Corporate Card Member's Agreement, Citi Corporate Card Member's Agreement, Citi Corporate Card Member's Agreement

Appropriation of Payment Right of Set Off. 15.1 Right of appropriation (i) all unpaid interest, fees and charges shown in any previous master billing statement of account; (ii) all unpaid interest, fees and charges shown in the current master billing statement of account; (iii) all unpaid fund transfer balances (subject to 15.1(b)), cash advances, Card transactions shown in any previous master billing statements of account; (iv) all unpaid fund transfer balances (subject to 15.1(b)), cash advances, Card transactions shown in the current master billing statement of account; (v) all unpaid fund transfer balances (subject to 15.1(b)), cash advances, Card transactions not yet included in the computation of any master billing statement of account... (b) Payments made to your Card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected reflected in your statement of account) before reducing any other outstanding current balance in your Card account (including any balances transferred from previous fund transfer programs).

Appears in 3 contracts

Samples: Citibusiness Card Member's Agreement, Citibusiness Card Member's Agreement, Citibusiness Card Member's Agreement

Appropriation of Payment Right of Set Off. 15.1 Right of appropriation (i) all unpaid interest, fees and charges shown in any previous master billing statement statements of account; (ii) all unpaid interest, fees and charges shown in the current master billing statement of account; ; (iii) all unpaid fund transfer balances (subject to 15.1(b)), cash advances, Card transactions shown in any previous master billing statements of account; ; (iv) all unpaid fund transfer balances (subject to 15.1(b)), cash advances, Card transactions shown in the current master billing statement of account; ; and (v) all unpaid fund transfer balances (subject to 15.1(b)), cash advances, Card transactions not yet included in the computation of any master billing statement of account. (b) Payments made to your Card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected in your statement of account) before reducing any other outstanding current balance in your Card account (including any balances transferred from previous fund transfer programs).

Appears in 3 contracts

Samples: Cardmember Agreement, Cardmember Agreement, Cardmember Agreement

Appropriation of Payment Right of Set Off. 15.1 Right of appropriation (i) all unpaid interest, fees and charges shown in any previous master billing statement of account; (ii) all unpaid interest, fees and charges shown in the current master billing statement of account; (iii) all unpaid fund transfer balances (subject to 15.1(b)), cash advances, Card transactions shown in any previous master billing statements of account; (iv) all unpaid fund transfer balances (subject to 15.1(b)), cash advances, Card transactions shown in the current master billing statement of account; (v) all unpaid fund transfer balances (subject to 15.1(b)), cash advances, Card transactions not yet included in the computation of any master billing statement of account. (b) Payments made to your Card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected reflected in your statement of account) before reducing any other outstanding current balance in your Card account (including any balances transferred from previous fund transfer programs).

Appears in 2 contracts

Samples: Citibusiness Card Member's Agreement, Citibusiness Card Member's Agreement

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Appropriation of Payment Right of Set Off. 15.1 Right of appropriation (i) all unpaid interest, fees and charges shown in any previous master billing statement of account; (ii) all unpaid interest, fees and charges shown in the current master billing statement of account; (iii) all unpaid fund transfer balances (subject to 15.1(b)), Card transactions shown in any previous master billing statements of account; (iv) all unpaid fund transfer balances (subject to 15.1(b)), Card transactions shown in the current master billing statement of account; (v) all unpaid fund transfer balances (subject to 15.1(b)), Card transactions not yet included in the computation of any master billing statement of account. (b) Payments made to your Card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected reflected in your statement of account) before reducing any other outstanding balance in your Card account (including any balances transferred from previous fund transfer programs).

Appears in 2 contracts

Samples: Citi Travel Account Card Cardmember’s Agreement, Citi Purchasing Card Cardmember's Agreement

Appropriation of Payment Right of Set Off. 15.1 Right of appropriation (i) all unpaid interest, fees and charges shown in any previous master billing statement statements of account; (ii) all unpaid interest, fees and charges shown in the current master billing statement statements of account; (iii) all unpaid fund transfer balances (subject to 15.1(b)), cash advances, Card transactions shown not yet included in any previous master billing statements statement of account;. (iv) all unpaid fund transfer balances (subject to 15.1(b)), cash advances, Card transactions shown not yet included in the current master billing any statement of account;. (v) all unpaid fund transfer balances (subject to 15.1(b)), cash advances, Card transactions not yet included not yet included in the computation of any master billing statement of account. (b) Payments made to your Card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected reflected in your statement of account) before reducing any other outstanding balance in your Card account (including any balances transferred from previous fund transfer programs).

Appears in 1 contract

Samples: Cardmember Agreement

Appropriation of Payment Right of Set Off. 15.1 Right of appropriation (i) all unpaid interest, fees and charges shown in any previous master billing statement of account; (ii) all unpaid interest, fees and charges shown in the current master billing statement of account; (iii) all unpaid fund transfer balances (subject to 15.1(b)), cash advances, Card transactions shown in any previous master billing statements of account; (iv) all unpaid fund transfer balances (subject to 15.1(b)), cash advances, Card transactions shown in the current master billing statement of account; (v) all unpaid fund transfer balances (subject to 15.1(b)), cash advances, Card transactions not yet included in the computation of any master billing statement of account. (b) Payments made to your Card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected reflected in your statement of account) before reducing any other outstanding balance in your Card account (including any balances transferred from previous fund transfer programs).

Appears in 1 contract

Samples: Cardmember Agreement

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