Common use of Deposits of Principals Clause in Contracts

Deposits of Principals. Owners, partners, officers and employees of Your business establishment, and the guarantors who signed the Application, are prohibited from submitting Sales Drafts or Credit Drafts transacted on their own personal Cards, other than transactions arising from bona fide purchases of goods or services in the ordinary course of Your business. Any use in violation of this Section 3.10 is deemed a prohibited cash advance.

Deposits of Principals. OwnersYour owners, partners, officers and employees of Your business establishmentofficers, and the guarantors who signed the Applicationemployees, and any guarantor of this Agreement, are prohibited from submitting Sales Drafts or Credit Drafts transacted on their own personal Cards, other than transactions arising from bona fide purchases of goods or services in the ordinary course of Your your business. Any use in violation of this Section 3.10 is deemed a prohibited cash advance.

Deposits of Principals. OwnersYour owners, partners, officers and employees of Your business establishmentofficers, and the guarantors who signed the Applicationemployees, and any guarantor of this Agreement, are prohibited from submitting Sales Drafts or Credit Drafts transacted on their own personal Cards, other than transactions arising from bona fide purchases of goods or services in the ordinary course court of Your your business. Any use in violation of this Section 3.10 is deemed a prohibited cash advance.

Deposits of Principals. OwnersYour owners, partners, officers and employees of Your business establishment,officers, and the guarantors who signed the Applicationemployees, and any guarantor of this Agreement, are prohibited from submitting Sales Drafts or Credit Drafts transacted Draftstransacted on their own personal Cards, other than transactions arising from bona fide purchases of goods or services in the ordinary course of Your your business. Any use in violation of this Section 3.10 is deemed a prohibited cash advance.