Common use of Disposal/Sale of Credit Card Account Clause in Contracts

Disposal/Sale of Credit Card Account. (a) The cardholder hereby acknowledges and agrees that the Bank may at its absolute discretion assign transfer and/or sell the Cardholder’s credit 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 Acts or statutory legislation of Malaysia (hereinafter referred to as “the Credit Card Account Purchaser”) and towards this purpose the Cardholder hereby unconditionally and irrevocably consents to the assignment transfer and/or sale of the Cardholder’s credit card account to the Credit Card Account Purchaser the Bank deem fit.

Appears in 14 contracts

Samples: Sonycard Visa Agreement, Sonycard Visa Agreement, Petronas Maybankard Visa Agreement

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Disposal/Sale of Credit Card Account. (a) The cardholder Cardmember hereby acknowledges and agrees that the Bank may at its absolute discretion assign transfer and/or sell the CardholderCardmember’s credit 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 Acts or statutory legislation of Malaysia (hereinafter referred to as “the Credit Card Account Purchaser”) and towards this purpose the Cardholder Cardmember hereby unconditionally and irrevocably consents to the assignment transfer and/or sale of the CardholderCardmember’s credit card account to the Credit Card Account Purchaser the Bank deem fit.

Appears in 1 contract

Samples: Maybank Gold Card Agreement

Disposal/Sale of Credit Card Account. (a) The cardholder cardmember hereby acknowledges and agrees that the Bank may at its absolute discretion assign transfer and/or sell the CardholderCardmember’s credit 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 Acts or statutory legislation of Malaysia (hereinafter referred to as “the Credit Card Account Purchaser”) and towards this purpose the Cardholder cardmember hereby unconditionally and irrevocably consents to the assignment transfer and/or sale of the CardholderCardmember’s credit card account to the Credit Card Account Purchaser the Bank deem fit.

Appears in 1 contract

Samples: Maybank Classic Card Agreement

Disposal/Sale of Credit Card Account. (a) 19.1 The cardholder Cardholder hereby acknowledges and agrees that the Bank may at its absolute discretion assign transfer and/or sell the Cardholder’s credit card account Credit 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 Acts or statutory legislation of Malaysia (hereinafter referred to as “the Credit Card Account Purchaser”) and towards this purpose the Cardholder hereby unconditionally and irrevocably consents to the assignment transfer and/or sale of the Cardholder’s credit card account Credit Card Account to the Credit Card Account Purchaser the Bank deem fit.

Appears in 1 contract

Samples: Petronas Maybank Visa Agreement

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Disposal/Sale of Credit Card Account. (a) The cardholder cardmember hereby acknowledges and agrees that the Bank may at its absolute discretion assign transfer and/or sell the CardholderCardmember’s credit 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 Acts or statutory legislation of Malaysia (hereinafter referred to as “the Credit Card Account Purchaser”) and towards this purpose the Cardholder Cardmember hereby unconditionally and irrevocably consents to the assignment transfer and/or sale of the CardholderCardmember’s credit card account to the Credit Card Account Purchaser the Bank deem fit.

Appears in 1 contract

Samples: Visa Card Agreement

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