We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of Card renewal Clause in Contracts

Card renewal. (a) Subject to Clause 8, the Cardholder hereby authorises the Bank to renew the validity period of the Card on the Cardholder‘s behalf upon its expiry for the purposes of continuity. Renewal of the Card shall be indicated by a new “valid thru” date on the Card. (b) The Card may be renewed by the Bank upon replacement of the Card due to loss, theft, damage or other reasons or upon re-issuance of a new Card. (c) The Bank shall be entitled in its discretion to replace or re-issue a Card at any time. Any replacement or re-issuance of Card may be subject to any other changes imposed by the Bank on the Card or under this Agreement other than renewal, including and not limited to change of design, enhancement and/or upgrading or downgrading of the Card. The Bank may suspend the use of the Card with notice in the event the Card is to be replaced due to loss, theft, damage or other reasons. (d) Any replacement or re-issuance of Card may involve retrieval or retention of the original Card by the Bank through any reasonable means (unless it is unrecoverable due to loss or theft). Any replacement or re-issuance of the Card shall not be considered as termination of this Agreement or closing of the Card Account.

Appears in 4 contracts

Samples: Cardholder Agreement, Cardholder Agreement, Cardholder Agreement

Card renewal. (a) Subject to Clause 8, the Cardholder Cardmember hereby authorises the Bank to renew the validity period of the Card on the Cardholder‘s Cardmember‘s behalf upon its expiry for the purposes of continuity. A Renewal of the Card shall be indicated by a new “valid new“valid thru” date on the Card. (b) The Card may be renewed by the Bank upon replacement of the Card due to loss, theft, damage or other reasons or upon re-issuance of a new Card. (c) The Bank shall be entitled in its discretion to replace or re-issue a Card at any time. Any replacement or re-issuance of Card may be subject to any other changes imposed by the Bank on the Card or under this Agreement other than renewal, including and not limited to change of design, enhancement and/or upgrading or downgrading of the Card. The Bank may suspend the use of the Card with notice in the event the Card is to be replaced due to loss, theft, damage or other reasons. (d) Any replacement or re-issuance of Card may involve retrieval or retention of the original Card by the Bank through any reasonable means (unless it is unrecoverable due to loss or theft). Any replacement or re-issuance of the Card shall not be considered as termination of this Agreement or closing of the Card Account.

Appears in 3 contracts

Samples: Mastercard/Visa Agreement, Cardmember Agreement, Cardmember Agreement

Card renewal. (a) Subject to Clause 8, the Cardholder Corporation hereby authorises authorizes the Bank to renew the validity period of the a Card on the Cardholder‘s Corporation‘s and Nominee Cardholder’s behalf upon its expiry for the purposes of continuity. Renewal of the Card shall be indicated by a new “valid thru” date on the Card. (b) The Any Card may be renewed by the Bank upon replacement of the Card due to loss, theft, damage or other reasons or upon re-issuance of a new Card. (c) The Bank shall be entitled in at its discretion to replace or re-issue a Card at any time. Any replacement or re-issuance of Card may be subject to any other changes imposed by the Bank on the Card or under this Agreement other than renewal, including and not limited to change of design, enhancement and/or upgrading or downgrading of the Card. The Bank may suspend the use of the a Card with notice in the event the such Card is to be replaced due to loss, theft, damage or other reasons. (d) Any replacement or re-issuance of Card may involve retrieval or retention of the original Card by the Bank through any reasonable means (unless it is unrecoverable due to loss or theft). Any replacement or re-issuance of any or all of the Card shall not be considered as termination of this Agreement or closing of the Card Account.

Appears in 3 contracts

Samples: Business Card Agreement, Business Card Agreement, Business Card Agreement

Card renewal. (a) Subject to Clause 8, the Cardholder hereby authorises the Bank to renew the validity period of the Card on the Cardholder‘s behalf upon its expiry for the purposes purpose of continuity. Renewal of the Card shall be indicated by a new “valid thru” date on the Card. (b) The Card may be renewed by the Bank upon replacement of the Card due to loss, theft, damage or other reasons or upon re-issuance of a new Card. (c) The Bank shall be entitled in its discretion to replace or re-issue a Card at any time. Any replacement or re-issuance of Card may be subject to any other changes imposed by the Bank on the Card or under this Agreement other than renewal, including and not limited to change of design, enhancement and/or upgrading or downgrading of the Card. The Bank may suspend the use of the Card with prior notice in the event the Card is to be replaced due to loss, theft, damage or other reasons. (d) Any replacement or re-issuance of Card may involve retrieval or retention of the original Card by the Bank through any reasonable means (unless it is unrecoverable due to loss or theft). Any replacement or re-issuance of the Card shall not be considered as termination of this Agreement or closing of the Card Account.

Appears in 2 contracts

Samples: Cardholder Agreement, Cardholder Agreement

Card renewal. (a) Subject to Clause 8, the Cardholder hereby authorises the Bank to renew the validity period of the Card on the Cardholder‘s behalf upon its expiry for the purposes purpose of continuity. Renewal of the Card shall be indicated by a new “valid new“valid thru” date on the Card. (b) The Card may be renewed by the Bank upon replacement of the Card due to loss, theft, damage or other reasons or upon re-issuance of a new Card. (c) The Bank shall be entitled in its discretion to replace or re-issue a Card at any time. Any replacement or re-issuance of Card may be subject to any other changes imposed by the Bank on the Card or under this Agreement other than renewal, including and not limited to change of design, enhancement and/or upgrading or downgrading of the Card. The Bank may suspend the use of the Card with notice in the event the Card is to be replaced due to loss, theft, damage or other reasons. (d) Any replacement or re-issuance of Card may involve retrieval or retention of the original Card by the Bank through any reasonable means (unless it is unrecoverable due to loss or theft). Any replacement or re-issuance of the Card shall not be considered as termination of this Agreement or closing of the Card Account.

Appears in 2 contracts

Samples: Cardholder Agreement, Cardholder Agreement

Card renewal. (a) Subject to Clause 8, the Cardholder hereby authorises the Bank to renew the validity period of the Card on the Cardholder‘s behalf upon its expiry for the purposes purpose of continuity. Renewal of the Card shall be indicated by a new “valid thru” date on the Card. (b) The Card may be renewed by the Bank upon replacement of the Card due to loss, theft, damage or other reasons or upon re-issuance of a new Card. (c) The Bank shall be entitled in its discretion to replace or re-issue a Card at any time. Any replacement or re-issuance of Card may be subject to any other changes imposed by the Bank on the Card or under this Agreement other than renewal, including and not limited to change of design, enhancement and/or upgrading or downgrading of the Card. The Bank may suspend the use of the Card with prior notice in the event the Card is to be replaced due to loss, theft, damage damage, or other reasons. (d) Any replacement or re-issuance of Card may involve retrieval or retention of the original Card by the Bank through any reasonable means (unless it is unrecoverable due to loss or theft). Any replacement or re-issuance of the Card shall not be considered as termination of this Agreement or closing of the Card Account.

Appears in 2 contracts

Samples: Cardholder Agreement, Cardholder Agreement

Card renewal. (a) Subject to Clause 8, the Cardholder Cardmember hereby authorises the Bank to renew the validity period of the Card on the Cardholder‘s Cardmember‘s behalf upon its expiry for the purposes of continuity. Renewal of the Card shall be indicated by a new “valid thru” date on the Card. (b) The Card may be renewed by the Bank upon replacement of the Card due to loss, theft, damage or other reasons or upon re-issuance of a new Card. (c) The Bank shall be entitled in its discretion to replace or re-issue a Card at any time. Any replacement or re-issuance of Card may be subject to any other changes imposed by the Bank on the Card or under this Agreement other than renewal, including and not limited to change of design, enhancement and/or upgrading or downgrading of the Card. The Bank may suspend the use of the Card with notice in the event the Card is to be replaced due to loss, theft, damage or other reasons. (d) Any replacement or re-issuance of Card may involve retrieval or retention of the original Card by the Bank through any reasonable means (unless it is unrecoverable due to loss or theft). Any replacement or re-issuance of the Card shall not be considered as termination of this Agreement or closing of the Card Account.

Appears in 1 contract

Samples: Credit Card Agreement

Card renewal. (a) Subject to Clause 8, the Cardholder hereby authorises the Bank to renew the validity period of the Card on the Cardholder‘s behalf upon its expiry for the purposes purpose of continuity. Renewal of the Card shall be indicated by a new “valid thru” date new“valid thru”date on the Card. (b) The Card may be renewed by the Bank upon replacement of the Card due to loss, theft, damage or other reasons or upon re-issuance of a new Card. (c) The Bank shall be entitled in its discretion to replace or re-issue a Card at any time. Any replacement or reorre-issuance of Card may be subject to any other changes Cardmaybe subjecttoanyotherchanges imposed by the Bank on the Card or under this Agreement other than renewalbythe BankontheCardorunderthisAgreementotherthanrenewal, including and not includingandnot limited to change of design, enhancement and/or upgrading or downgrading of the Card. The Bank may suspend the use of the Card with notice in the event the Card is to be replaced due to loss, theft, damage or other reasonsotherreasons. (d) Any replacement or reAnyreplacementorre-issuance of Card may issuanceofCardmay involve retrieval or retention of the retrievalorretention ofthe original Card by the Bank through any reasonable means (unless it is unrecoverable due to loss or CardbytheBankthroughanyreasonablemeans(unlessitisunrecoverableduetolossor theft). Any replacement or re-issuance of the Card shall not be considered as termination of this Agreement or closing of the Card Account.

Appears in 1 contract

Samples: Cardholder Agreement

Card renewal. (a) Subject to Clause 8, the Cardholder hereby authorises the Bank to renew the validity period of the Card on the Cardholder‘s behalf upon its expiry for the purposes purpose of continuity. Renewal of the Card shall be indicated by a new “valid new“valid thru” date on the Card. (b) The Card may be renewed by the Bank upon replacement of the Card due to loss, theft, damage or other reasons or upon re-issuance of a new Card. (c) The Bank shall be entitled in its discretion to replace or re-issue a Card at any time. Any replacement or re-issuance of Card may be subject to any other changes imposed by the Bank on the Card or under this Agreement other than renewal, including and not limited to change of design, enhancement and/or upgrading or downgrading of the Card. The Bank may suspend the use of the Card with prior notice in the event the Card is to be replaced due to loss, theft, damage or other reasons. (d) Any replacement or re-issuance of Card may involve retrieval or retention of the original Card by the Bank through any reasonable means (unless it is unrecoverable due to loss or theft). Any replacement or re-issuance of the Card shall not be considered as termination of this Agreement or closing of the Card Account.

Appears in 1 contract

Samples: Cardholder Agreement