FORFEITURE OF BENEFIT OF THE TERM. In the event that the cardholder breaches any condition stipulated in this contract, including without limitation, where the cardholder fails to make payments by the due date in accordance with any mode of financing he has used, as defined in Section 1 of this contract, then Desjardins, subject to the Consumer Protection Act, may require immediate repayment of all the amounts owed by the cardholder, regardless whether they are due and payable.
FORFEITURE OF BENEFIT OF THE TERM. In the event that the cardholder breaches any condition stipulated in this Agreement, including without limitation, where the cardholder fails to make payments by the due date in accordance with any mode of financing he will have used, as defined in Section 1 of this Agreement, then the Fédération, subject to the Consumer Protection Act, may require immediate repayment of all the amounts owed by the cardholder, regardless of whether they are due and payable.
FORFEITURE OF BENEFIT OF THE TERM. In the event that the holder breaches any condition stipulated in this Variable Credit Agreement, including without limitation, where the holder fails to make payments by the due date, then the Federation may, subject to the Consumer Protection Act, where applicable, require immediate repayment of all the amounts owed by the holder, regardless of whether they are due and payable. Where applicable, the Federation reserves the right to withhold, in order to obtain payment of any specific, liquid and due claim it has against the holder, any sum of money it owes to the holder and use it to set-off its claim.
FORFEITURE OF BENEFIT OF THE TERM. In the event that the Holder breaches any condition set forth in this agree- ment, including without limitation, where the Holder fails to make payments by the due date, the Federation may require immediate repayment of all amounts owed by the Holder, regardless of whether they are due and payable. Where applicable, the Federation reserves the right to withhold, in order to obtain payment of any specific, liquid and payable claim it has against the Holder, any sum of money it owes to the Holder and use it to compensate its claim. The Federation uses a U.S.-based service provider to issue and manage the Visa Xxxxxxxxxx U.S. Business card. The Holder and authorized representa- tives, if any, consequently acknowledge that by applying for and using the Visa Xxxxxxxxxx U.S. Business card, their information may be processed and stored in the United States. The Holder and authorized representatives are therefore advised that the United States governments, courts and regulatory authori- ties may be able to access such information under the applicable laws of that country.
FORFEITURE OF BENEFIT OF THE TERM. In case of agreed instalment payments, the late full and/or partial payment, even of a single instalment within the agreed timeframe, will cause the Buyer to immediately and automatically forfeit the benefit of the term for the subsequent instalments pursuant to Art. 1186 of the Italian Civil Code and the Seller will have the right to demand the entire amount agreed even if relating to different Purchase Orders. The release of bank bills for payment and, more generally, of credit instruments and any commercial agreements agreed between the Parties to guarantee the payment is not a novation of the original payment obligation.
FORFEITURE OF BENEFIT OF THE TERM. In the event that the holder breaches any condition set forth herein, including without limitation, where the holder fails to make payments by the due date, the Federation may then require immediate repayment of all amounts owed by the holder, regardless of whether they are due and payable. Where applicable, the Federation reserves the right to withhold, in order to obtain payment of any specific, liquid and due claim it has against the holder, any sum of money it owes to the holder and use it to set-off its claim.
FORFEITURE OF BENEFIT OF THE TERM. Neither the Visa Xxxxxxxxxx card nor the cheques nor the Desjardins Mobile Payment Service may be used before the validity date or after the expiry date indicated on the Visa Xxxxxxxxxx card. In the event of non-renewal of the Business Cheques Service, the holder will have six (6) months as of the date of cancellation of the service to use the cheques in his possession.
