Common use of Card Issue Clause in Contracts

Card Issue. 1.1 The Bank shall issue under the Programme a Card to each employee of the Company as may from time to time be nominated by the Company’s authorised officers and accepted by the Bank. 1.2 The Bank shall deliver each Card to the Company which shall be responsible for ensuring that each Card is signed by the employee whose name is embossed on the Card (the “Cardholder”) immediately upon receipt. The Bank shall be under no responsibility to the Company to ensure that a Cardholder duly complies with these terms and conditions or take any legal action or proceedings against a Cardholder. The Bank shall be under no responsibility to ensure that the Card is used for any business purpose or within any Cardholder’s authority conferred by the Company in respect thereof.

Appears in 2 contracts

Samples: RMB Business Card Programme Agreement, Business Card Programme Agreement

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Card Issue. 1.1 The Bank shall issue under the Programme a Card to each employee of the Company as may from time to time be nominated by the Company’s authorised officers and accepted by the Bank. 1.2 The Bank shall deliver each Card to the Company which shall be responsible for ensuring that each Card is signed by the employee whose name is embossed on the Card (the “Cardholder”) immediately upon receiptupon. The Bank shall be under no responsibility to the Company to ensure that a Cardholder duly complies with these terms and conditions this Agreement or take any legal action or proceedings against a Cardholder. The Bank shall be under no responsibility to ensure that the Card is used for any business purpose or within any Cardholder’s authority conferred by the Company in respect thereof.

Appears in 1 contract

Samples: Business Card Programme Agreement

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Card Issue. 1.1 The Bank shall issue under the Programme a Card to each employee of the Company as may from time to time be nominated by the Company’s authorised officers o‰cers and accepted by the Bank. 1.2 The Bank shall deliver each Card to the Company which shall be responsible for ensuring that each Card is signed by the employee whose name is embossed on the Card (the “Cardholder”) immediately upon receiptupon. The Bank shall be under no responsibility to the Company to ensure that a Cardholder duly complies with these terms and conditions this Agreement or take any legal action or proceedings against a Cardholder. The Bank shall be under no responsibility to ensure that the Card is used for any business purpose or within any Cardholder’s authority conferred by the Company in respect thereof.

Appears in 1 contract

Samples: Business Card Programme Agreement

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