Common use of FORFEITURE OF BENEFIT OF THE TERM Clause in Contracts

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 Federation, 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.

Appears in 3 contracts

Samples: Credit Agreement, assets.ctfassets.net, www.desjardins.com

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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 FederationFédération, 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.

Appears in 2 contracts

Samples: Variable Credit Agreement, kubota.ca

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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 has used, as defined in Section 1 of this Agreement, then the Federation, 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.

Appears in 2 contracts

Samples: www.desjardins.com, www.desjardins.com

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