Common use of Individual Billing Clause in Contracts

Individual Billing. If individual billing is selected, Bank will xxxx each Commercial Cardholder for such Commercial Cardholder’s New Balance, which amount is due in full, on or before the Payment Due Date identified therein. Notwithstanding that Bank will xxxx each Commercial Cardholder for such Commercial Cardholder’s New Balance, Company is responsible for full payment of the New Balance for each Commercial Cardholder on or prior to the Payment Due Date, independent of any agreement or program for reimbursement that may exist between Company and Commercial Cardholders and independent of any attempts of Bank to xxxx or collect the New Balance from a Commercial Cardholder.

Appears in 3 contracts

Samples: Commercial Card Account Agreement, Visa Commercial Preferred Solution Account Agreement, Commercial Card Account Agreement

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Individual Billing. If individual billing is selected, Bank will xxxx bill each Commercial Cardholder for such Commercial Cardholder’s New Balance, which amount is due in full, on or before the Payment Due Date identified therein. Notwithstanding that Bank will xxxx bill each Commercial Cardholder for such Commercial Cardholder’s New Balance, Company is responsible for full payment of the New Balance for each Commercial Cardholder on or prior to the Payment Due Date, independent of any agreement or program for reimbursement that may exist between Company and Commercial Cardholders and independent of any attempts of Bank to xxxx bill or collect the New Balance from a Commercial Cardholder.

Appears in 2 contracts

Samples: Visa Commercial Preferred Solution Account Agreement, Commercial Card Account Agreement

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