FRAUD OR NEGLIGENCE Sample Clauses

FRAUD OR NEGLIGENCE. If you or the Corporation have acted fraudulently or with gross negligence (including, but not limited to, you not acting in accordance with clauses 3.1 and 3.2, or you have failed to follow the safeguards that we recommend to you from time to time), then clause 3.3 (a) shall not apply and you or the Corporation shall be liable and you and the Corporation jointly and severally agree and undertake to: (a) pay promptly on demand all debts, liabilities and/or other amounts from time to time owing under the Card Account; and (b) hold us harmless and indemnify us on a full indemnity basis and on demand for any liability for loss, damage, reasonable costs and expenses which we may suffer or incur by reason of: (i) any transaction conducted with the Card or otherwise incurred under the Card Account; (ii) any information supplied in relation to the application for or use or loss of the Card being false, incomplete or inaccurate; and/or (iii) all consequences arising from you or the Corporation’s breach of this Agreement (including consequences of any Card coming into the possession of any unauthorised person).
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FRAUD OR NEGLIGENCE. If you have acted fraudulently or with gross negligence (including, but not limited to, you not acting in accordance with clauses 3.1 and 3.2, or you have failed to follow the safeguards that we recommend to you from time to time), then clause 3.3(a) shall not apply and you shall be liable and agree and undertake to: (a) pay promptly on demand all debts, liabilities and/or other amounts from time to time owing under the Card Account; and (b) hold us harmless and indemnify us on a full indemnity basis and on demand for any liability for loss, damage, reasonable costs and expenses which we may suffer or incur by reason of: (i) any transaction conducted with the Card or otherwise incurred under the Card Account; (ii) any information supplied in relation to the application for or use or loss of the Card being false, incomplete or inaccurate; and/or (iii) all consequences arising from each Cardholder’s breach of this Agreement (including consequences of any Card coming into the possession of any unauthorised person).
Sample 1

Related to FRAUD OR NEGLIGENCE

  • Fraud In this Agreement, Fraud means dishonestly obtaining a benefit, or causing a loss, by deception or other means, and includes alleged, attempted, suspected or detected fraud.

  • Breach of Contract The failure of the Contractor to comply with any of the provisions, covenants or conditions of this Contract shall be a material breach of this Contract. In such event the County may, and in addition to any other remedies available at law, in equity, or otherwise specified in this Contract: a) Terminate the Contract immediately, pursuant to Section K herein; b) Afford the Contractor written notice of the breach and ten (10) calendar days or such shorter time that may be specified in this Contract within which to cure the breach; c) Discontinue payment to the Contactor for and during the period in which the Contractor is in breach; and d) Offset against any monies billed by the Contractor but yet unpaid by the County those monies disallowed pursuant to the above.

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