Common use of Cardholder Liability Clause in Contracts

Cardholder Liability. 11.2.1 In the event the Business Client does not discharge its indebtedness to us in full, each cardholder will be jointly and severally liable, as co-principal debtor, together with the Business Client, for the amount owing in respect of the cardholder’s use of the card/s issued to the cardholder. 11.2.2 The transaction/s performed by the cardholder will reflect on the cardholder account and will be transferred to the Business Control account on account billing date. The cardholder will also be liable for interest levied on the said transaction amount/s and applicable fees/charges.

Cardholder Liability. 11.2.1 10.2.1 In the event the Business Client does not discharge its indebtedness to us in full, each cardholder cardholder, where the necessary affordability has been completed on the cardholder, will be jointly and severally liable, as co-co- principal debtor, together with the Business Client, for the amount owing in respect of the cardholder’s use of the card/s issued to the cardholder. 11.2.2 10.2.2 The transaction/s performed by the cardholder will reflect on the cardholder account and will be transferred to the Business Control account on account billing date. The cardholder will also be liable for interest levied on the said transaction amount/s and applicable fees/charges.

Cardholder Liability. 11.2.1 8.2.1 In the event the Business Client business does not discharge its indebtedness to us in full, each cardholder will be jointly and severally individually liable, as co-principal debtor, together with the Business Clientbusiness, for the amount owing in respect of the cardholder’s use of the card/s issued to the cardholder. 11.2.2 8.2.2 The transaction/s performed by the cardholder will reflect on the cardholder account and will be transferred to the Business Control business control account on account billing date. The cardholder will also be liable for interest levied on the said transaction amount/s and applicable fees/charges.