Common use of Establishment of Accounts and Card Issuance Clause in Contracts

Establishment of Accounts and Card Issuance. (a) We will establish and operate the Account(s) in your name and, if applicable, issue Cards on your Account(s) bearing your name and those of any Designated Employees and/or Card Members. (b) We reserve the right to: (i) require each prospective Card Member to complete our application for the Card or Account, including providing any identification or other information required to comply with local laws; (ii) carry out credit checks and request financial information and other information periodically from banks, credit reference agencies and other sources in relation to you and/or any Card Members. These agencies may retain records of such checks, including information regarding the conduct of your Account and payment history, which may be used (subject to applicable law) by us and other firms and organisations in making credit decisions about you or the Card Member, including for preventing fraud or tracing debtors; and (iii) decline to issue, renew or replace a Card or Account to any person; cancel or suspend the use of a Card or Account at any time either generally or in ‘Account Limit’: a limit applicable to the Company Account or the aggregate of all or a subset of Card Member Accounts, being the maximum amount that can be outstanding at any time. (c) relation to a particular transaction. Further, in the case of Individual or Limited liability Corporate Card Accounts, we may insist upon a minimum income for Card Members in accordance with ‘Business Travel Account’ or ‘BTA’: an account that enables the Company to centralise Charges booked through its designated TMC and be billed monthly for those Charges by American Express.

Appears in 2 contracts

Samples: Global Corporate Payments Agreement, Global Corporate Payments Agreement

AutoNDA by SimpleDocs

Establishment of Accounts and Card Issuance. (a) We will establish and operate the Account(s) in your name and, if applicable, issue Cards on your Account(s) bearing your name and those of any Designated Employees and/or Card Members. (b) We reserve the right to: (i) require each prospective Card Member to complete our application for the Card or Account, including providing any identification or other information required to comply with local laws; (ii) carry out credit checks and request financial information and other information periodically from banks, credit reference agencies and other sources in relation to you and/or any Card Members. These agencies may retain records of such checks, including information regarding the conduct of your Account and payment history, which may be used (subject to applicable law) by us and other firms and organisations in making credit decisions about you or the Card Member, including for preventing fraud or tracing debtors; and (iii) decline to issue, renew or replace a Card or Account to any person; cancel or suspend the use of a Card or Account at any time either generally or in ‘Account LimitAgreement’: a limit applicable to these Terms and Conditions, as distinct from the Company Account or the aggregate of all or a subset of separate Card Member Accounts, being the maximum amount terms and conditions that can be outstanding at any time.are agreed separately and independently (c) relation to a particular transaction. Further, in the case of Individual or Limited liability Corporate Card Accounts, we may insist upon a minimum income for Card Members in accordance with between Card Members and us. Business Travel AccountBTA with Virtual Payments’ or ‘BTA’: an account a Virtual Account Number enabled facility that enables allows the Company to centralise Charges booked through its designated TMC and be billed monthly for those Charges by American Express.

Appears in 1 contract

Samples: Global Commercial Services Agreement

AutoNDA by SimpleDocs

Establishment of Accounts and Card Issuance. (a) We will establish and operate the Account(s) in your name and, if applicable, issue Cards on your Account(s) bearing your name and those of any Designated Employees and/or Card Members. (b) We reserve the right to: (i) require each prospective Card Member to complete our application for the Card or Account, including providing any identification or other information required to comply with local laws; (ii) carry out credit checks and request financial information and other information periodically from banks, credit reference agencies and other sources in relation to you and/or any Card Members. These agencies may retain records of such checks, including information regarding the conduct of your Account and payment history, which may be used (subject to applicable law) by us and other firms and organisations in making credit decisions about you or the Card Member, including for preventing fraud or tracing debtors; and (iii) decline to issue, renew or replace a Card or Account to any person; cancel or suspend the use of a Card or Account at any time either generally or in ‘Account Limit’: a limit applicable to the Company Account or the aggregate of all or a subset of Card Member Accounts, being the maximum amount that can be outstanding at any time. (c) relation to a particular transaction. Further, in the case of Individual or Limited liability Corporate Card Accounts, we may insist upon a minimum income for Card Members in accordance with ‘Business Travel AccountBTA with Virtual Payments’ or ‘BTA’: an account a Virtual Account Number enabled facility that enables allows the Company to centralise Charges booked through its designated TMC and be billed monthly for those Charges by American Express.

Appears in 1 contract

Samples: Global Corporate Payments Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!