Common use of DISPOSAL / SALE OF CARD ACCOUNT Clause in Contracts

DISPOSAL / SALE OF CARD ACCOUNT. (a) The Cardmember hereby acknowledges and agrees that the Bank may at its absolute discretion assign transfer, sell and/or vest the Cardmember’s Card Account or part thereof to such other institution, corporation, or statutory bodies as may be approved by Bank Negara Malaysia and/or set up under any Act or legislation of Malaysia (hereinafter referred to as “the Card Account Purchaser”) and towards this purpose the Cardmember hereby unconditionally and irrevocably consents to the disclosure of all information relating to the Cardmember and the Cardmember’s Card Account necessary to facilitate the assignment transfer, sale and/or vesting of the Card Account to the Card Account Purchaser as the Bank deem fit and necessary. The Bank agrees to inform the Cardmember within seven

Appears in 2 contracts

Samples: Maybank Islamic Ikhwan Card I Agreement, Maybank Islamic Ikhwan Card I Agreement

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DISPOSAL / SALE OF CARD ACCOUNT. (a) The Cardmember hereby acknowledges and agrees that the Bank may at its absolute discretion assign transfer, sell and/or and / or vest the Cardmember’s Card Account or part thereof to such other institution, corporation, or statutory bodies as may be approved by Bank Negara Malaysia and/or and / or set up under any Act or legislation of Malaysia (hereinafter referred to as “the Card Account Purchaser”) and towards this purpose the Cardmember hereby unconditionally and irrevocably consents to the disclosure of all information relating to the Cardmember and the Cardmember’s Card Account necessary to facilitate the assignment transfer, sale and/or and / or vesting of the Card Account to the Card Account Purchaser as the Bank deem fit and necessary. The Bank agrees to inform the Cardmember within sevenSeven (7) days of the assignment, transfer, sale and / or vesting of the Card Account to the Card Account Purchaser accordingly.

Appears in 2 contracts

Samples: Maybank Islamic Ikhwan Visa Infinite Card I Agreement, Maybank Islamic Ikhwan Visa Infinite Card I Agreement

DISPOSAL / SALE OF CARD ACCOUNT. (a) The Cardmember hereby acknowledges and agrees that the Bank may at its absolute discretion assign transfer, sell and/or vest the Cardmember’s Card Account or part thereof to such other institution, corporation, or statutory bodies as may be approved by Bank Negara negara Malaysia and/or set up under any Act or legislation of Malaysia (hereinafter referred to as “the Card Account Purchaser”) and towards this purpose the Cardmember hereby unconditionally and irrevocably consents to the disclosure of all information relating to the Cardmember and the Cardmember’s Card Account necessary to facilitate the assignment transfer, sale and/or vesting of the Card Account to the Card Account Purchaser as the Bank deem fit and necessary. The Bank agrees to inform the Cardmember within sevenseven (7) days of the assignment, transfer, sale and/or vesting of the Card Account to the Card Account Purchaser accordingly.

Appears in 2 contracts

Samples: Maybank Islamic Ikhwan Card I Agreement, Maybank Islamic Ikhwan Card I Agreement

DISPOSAL / SALE OF CARD ACCOUNT. (a) 19.1 The Cardmember hereby acknowledges and agrees that the Bank may at its absolute discretion assign transfer, sell and/or vest the Cardmember’s Card Account or part thereof to such other institution, corporation, or statutory bodies as may be approved by Bank Negara Malaysia and/or set up under any Act or legislation of Malaysia (hereinafter referred to as “the Card Account Purchaser”) and towards this purpose the Cardmember hereby unconditionally and irrevocably consents to the disclosure of all information relating to the Cardmember and the Cardmember’s Card Account necessary to facilitate the assignment transfer, sale and/or vesting of the Card Account to the Card Account Purchaser as the Bank deem fit and necessary. The Bank agrees to inform the Cardmember within sevenSeven (7) days of the assignment, transfer, sale and/or vesting of the Card Account to the Card Account Purchaser accordingly.

Appears in 2 contracts

Samples: Maybank Islamic World Mastercard Ikhwan Card I Agreement, Maybank Islamic World Mastercard Ikhwan Card I Agreement

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DISPOSAL / SALE OF CARD ACCOUNT. (a) The Cardmember hereby acknowledges and agrees that the Bank may at its absolute discretion assign transfer, sell and/or vest the Cardmember’s Card Account or part thereof to such other institution, corporation, or statutory bodies as may be approved by Bank Negara Malaysia and/or set up under any Act or legislation of Malaysia (hereinafter referred to as “the Card Account Purchaser”) and towards this purpose the Cardmember hereby unconditionally and irrevocably consents to the disclosure of all information relating to the Cardmember and the Cardmember’s Card Account necessary to facilitate the assignment transfer, sale and/or vesting of the Card Account to the Card Account Purchaser as the Bank deem fit and necessary. The Bank agrees to inform the Cardmember within sevenseven (7) days of the assignment, transfer, sale and/or vesting of the Card Account to the Card Account Purchaser accordingly.

Appears in 1 contract

Samples: Card Agreement

DISPOSAL / SALE OF CARD ACCOUNT. (a) The Cardmember hereby acknowledges and agrees that the Bank may at its absolute discretion assign transfer, sell and/or and / or vest the Cardmember’s Card Account or part thereof to such other institution, corporation, or statutory bodies as may be approved by Bank Negara Malaysia and/or and / or set up under any Act or legislation of Malaysia (hereinafter referred to as “the Card Account Purchaser”) and towards this purpose the Cardmember hereby unconditionally and irrevocably consents to the disclosure of all information relating to the Cardmember and the Cardmember’s Card Account necessary to facilitate the assignment transfer, sale and/or and / or vesting of the Card Account to the Card Account Purchaser as the Bank deem fit and necessary. The Bank agrees to inform the Cardmember within sevenseven (7) days of the assignment, transfer, sale and / or vesting of the Card Account to the Card Account Purchaser accordingly.

Appears in 1 contract

Samples: Ikhwan Card I Agreement

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