Credit Worthiness. Bank reserves the right to: (a) Determine the creditworthiness of Company periodically by obtaining financial statements from Company; (b) Request a guaranty of payment, pledge of collateral, or other similar security from Company or its subsidiaries or affiliates based on the review of Company financial statements; (c) Approve or decline the issuance, renewal, or replacement of a Commercial Card to any person in Bank’s sole discretion; and (d) Cancel, suspend or limit spending on any Commercial Card at any time for any reason or no reason, subject to the notice requirements set forth in Section 21 of this Agreement.
Appears in 4 contracts
Samples: Commercial Card Account Agreement, Commercial Card Account Agreement, Visa Commercial Preferred Solution Account Agreement
