Common use of Debt Assignment Clause in Contracts

Debt Assignment. 32.1 We shall have the right to transfer, assign and sell in any manner, in whole or in part, your Credit Card outstandings and dues to any third party of our choice without reference or intimation to you. Not withstanding any such sale, assignment or transfer, we shall be fully empowered to proceed against you, jointly or severally with any such purchaser, assignee, creditor to recover the outstanding amounts from you. You shall be liable for all costs and expenses on Account of any such assignment, sale or transfer and recovery of outstandings and dues.

Appears in 2 contracts

Samples: Credit Card Agreement, Credit Card Agreement

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Debt Assignment. 32.1 We shall have the right to transfer, assign and sell in any manner, in whole or in part, your Credit Card outstandings and dues to any third party of our choice without reference or intimation to you. Not withstanding • Notwithstanding any such sale, assignment assignment, or transfer, we shall be fully empowered to proceed against you, jointly or severally with any such purchaser, assignee, creditor to recover the outstanding amounts from you. You shall be liable for all costs and expenses on Account account of any such assignment, sale or transfer and recovery of outstandings and dues.

Appears in 1 contract

Samples: Card Member Agreement

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Debt Assignment. 32.1 We shall have the right to transfer, assign and sell in any manner, in whole or in part, your Credit Card outstandings and dues to any third party of our choice without reference or intimation to you. Not withstanding • Notwithstanding any such sale, assignment or transfer, we shall be fully empowered to proceed against you, jointly or severally with any such purchaser, assignee, creditor to recover the outstanding amounts from you. You shall be liable for all costs and expenses on Account account of any such assignment, sale or transfer and recovery of outstandings and dues.

Appears in 1 contract

Samples: Corporate Card Cardmember Agreement

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