Common use of Cardholder Account Closure/Card Revocation or Suspension of Use Clause in Contracts

Cardholder Account Closure/Card Revocation or Suspension of Use. The Customer may close a Cardholder Account through RBC NextLogic at any time. Except as otherwise set out in these Commercial Card Program Service Materials, the Customer is liable to Royal Bank for all Debt resulting from the use of the Card until closure of the Cardholder Account and the Card has been destroyed. If the Debt owing on an Account exceeds the Account Credit Limit, Royal Bank may suspend the right to use the Cards and the Cardholder Accounts, and all Services Royal Bank provides under these Commercial Card Program Service Materials, until the excess is paid in full. Royal Bank may revoke or suspend a Cardholder’s right to use the Card and the Cardholder Account at any time without notice to the Relevant Party. A Cardholder must give up the Card to the Customer or to Royal Bank at the request of either the Customer or Royal Bank.

Cardholder Account Closure/Card Revocation or Suspension of Use. The Customer may close a Cardholder Account through RBC NextLogic at any time. Except as otherwise set out in these Commercial Card Program Service Materials, the Customer is liable to Royal Bank for all Debt resulting from the use of the Card Card, until closure of the Cardholder Account and the Card has been destroyedAccount. If the Debt owing on an Account exceeds the Account Credit Limit, Royal Bank may suspend the right to use the Cards and Cards, the Cardholder Accounts, Accounts and all Services Royal Bank provides under these Commercial Card Program Service Materials, until the excess is paid in full. Royal Bank may revoke or suspend a Cardholder’s right to use the their Card and the Cardholder Account at any time without prior notice to the Relevant Party. A Cardholder must give up the Card to the Customer or to Royal Bank at the request of either the Customer or Royal Bank.

Cardholder Account Closure/Card Revocation or Suspension of Use. The Customer may close a Cardholder Account through RBC NextLogic at any time. Except as otherwise set out in these Commercial Card Program Service Materials, the Customer is liable to Royal Bank for all Debt resulting from the use of the Card until closure of the Cardholder Account and the Card has been destroyed. If the Debt owing on an Account exceeds the Account Credit Limit, Royal Bank may suspend the right to use the Cards and the Cardholder Accounts, and all Services Royal Bank provides under these Commercial Card Program Service Materials, until the excess is paid in full. Royal Bank may revoke or suspend a Cardholder’s ' s right to use the Card and the Cardholder Account at any time without notice to the Relevant Party. A Cardholder must give up the Card to the Customer or to Royal Bank at the request of either the Customer or Royal Bank.