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. (b) In amplification and not in derogation of clause (a) above, the Cardholder further unconditionally and irrevocably consents and authorizes the Bank to disclose, give, produce, divulge, reveal, and/or forward, deliver or otherwise make available such information, records, details regarding the Cardholder and/or the Cardholder’s credit card account pursuant to or prior to the sale or intended sale of the Cardholder’s credit card account to the Credit Card Account Purchaser without any notice to the Cardholder.

Appears in 10 contracts

Samples: Credit Card Agreement, Credit Card Agreement, Credit Card Agreement

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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. (b) In amplification and not in derogation of clause (a) above, the Cardholder further unconditionally and irrevocably consents and authorizes the Bank to disclose, give, produce, divulge, reveal, and/or forward, deliver or otherwise make available such information, records, details regarding the Cardholder and/or the Cardholder’s credit card account pursuant to or prior to the sale or intended sale of the Cardholder’s credit card account to the Credit Card Account Purchaser without any notice to the Cardholder.’s

Appears in 2 contracts

Samples: Credit Card Agreement, Credit 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. (b) 19.2 In amplification and not in derogation of clause (a) above, the Cardholder further unconditionally and irrevocably consents and authorizes the Bank to disclose, give, produce, divulge, reveal, and/or forward, deliver or otherwise make available such information, records, details regarding the Cardholder and/or the Cardholder’s credit card Credit Card account pursuant to or prior to the sale or intended sale of the Cardholder’s credit card account Credit Card Account to the Credit Card Account Purchaser without any notice to the Cardholder.

Appears in 1 contract

Samples: Credit 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. (b) In amplification and not in derogation of clause (a) above, the Cardholder Cardmember further unconditionally and irrevocably consents and authorizes the Bank to disclose, give, produce, divulge, reveal, and/or forward, deliver or otherwise make available such information, records, details regarding the Cardholder Cardmember and/or the CardholderCardmember’s credit card account pursuant to or prior to the sale or intended sale of the CardholderCardmember’s credit card account to the Credit Card Account Purchaser without any notice to the CardholderCardmember.

Appears in 1 contract

Samples: Credit Card 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. (bc) In amplification and not in derogation of clause (a) above, the Cardholder cardmember further unconditionally and irrevocably consents and authorizes the Bank to disclose, give, produce, divulge, reveal, and/or forward, deliver or otherwise make available such information, records, details regarding the Cardholder cardmember and/or the CardholderCardmember’s credit card account pursuant to or prior to the sale or intended sale of the CardholderCardmember’s credit card account to the Credit Card Account Purchaser without any notice to the Cardholder.

Appears in 1 contract

Samples: Credit Card Agreement

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