Common use of Held Balance Clause in Contracts

Held Balance. 4.1 We may assign a Held Balance for the purpose of any Card Transaction proposed to be effected on your Citibank ATM/Debit Card. We may maintain any Held Balance for such period as we consider appropriate. 4.2 We may at our reasonable discretion debit the Designated Account with the amount of the Held Balance (or any part thereof) whether or not such amount represents Card Transactions. If we debit any amount to the Designated Account as aforesaid and we subsequently determine that such amount (or any part thereof) ought not be so debited, we will re-credit the Designated Account with the appropriate sum free of any interest (and if we have charged you any interest in respect of such sum, we may at our reasonable discretion waive such interest). 4.3 Nothing in these Terms and Conditions shall limit our right to debit the Designated Account or any other Account with the amount of any transaction (including any interests, charges, fees, costs and expenses) regardless of whether such amount is equal to the amount of the Held Balance.

Held Balance. 4.1 We may assign a Held Balance for the purpose of any Citibank Debit Card Transaction Transactions proposed to be effected on your Citibank ATM/Debit Card. We may maintain any Held Balance for such period as we consider appropriate. 4.2 We may at our reasonable sole discretion debit the Designated Account with the amount of the Held Balance (or any part thereof) whether or not such amount represents Citibank Debit Card Transactions. If we debit any amount to the Designated Account as aforesaid and we subsequently determine that such amount (or any part thereof) ought not be so debited, we will re-credit the Designated Account with the appropriate sum free of any interest (and if we have charged you any interest in respect of such sum, we may at our reasonable absolute discretion waive such interest). 4.3 Nothing in these Terms and Conditions shall limit our right to debit the Designated Account or any other Account with the amount of any transaction (including any interests, charges, fees, costs and expenses) regardless of whether such amount is equal to the amount of the Held Balance.

Held Balance. 4.1 We may assign a Held Balance for the purpose of any Citibank Debit Card Transaction Transactions proposed to be effected on your Citibank ATM/Debit Card. We may maintain any Held Balance for such period as we consider appropriate. 4.2 We may at our reasonable discretion debit the Designated Account with the amount of the Held Balance (or any part thereof) whether or not such amount represents Citibank Debit Card Transactions. If we debit any amount to the Designated Account as aforesaid and we subsequently determine that such amount (or any part thereof) ought not be so debited, we will re-credit the Designated Account with the appropriate sum free of any interest (and if we have charged you any interest in respect of such sum, we may at our reasonable discretion waive such interest). 4.3 Nothing in these Terms and Conditions shall limit our right to debit the Designated Account or any other Account with the amount of any transaction (including any interests, charges, fees, costs and expenses) regardless of whether such amount is equal to the amount of the Held Balance.