JOINT APPLICANT LIABILITY Sample Clauses

JOINT APPLICANT LIABILITY. If this Agreement is executed by more than one person, each of you shall be jointly and individually liable to us for all charges made to the Account, including applicable fees. In addition, you agree that each of you designates the other as agent for the purpose of making purchases extended under this Agreement and each use of your Account shall be an extension of credit to all. Notice to one of you shall constitute notice to all. Any joint cardholder may remove him/herself from responsibility for future purchases at any time by notifying us in writing. However, removal from the Account does not release you from any liability already incurred. CONVENIENCE CHECKS: We may, at our discretion, issue checks to you. By signing such checks, you authorize us to pay the item for the amount indicated and post such amount as a cash advance to your Account. We do not have to pay any item which would cause the outstanding balance in your Account to exceed your credit limit. We may reject and return unpaid any Convenience Check you write for any reason. Checks used to access your account may not be accepted if made to cash, you, or if presented in a format other than the checks we issue. Convenience checks may not be used to pay off existing debt at GECU.
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JOINT APPLICANT LIABILITY. If this Agreement is executed by more than one person, each of you shall be jointly and individually liable to us for all charges made to the account, including applicable fees. In addition, you agree that each of you designates the other as agent for the purpose of making purchases extended under this Agreement and each use of your account shall be an extension of credit to all. Notice to one of you shall constitute notice to all. Any joint cardholder may remove him/herself from responsibility for future purchases at any time by notifying us in writing. However, removal from the account does not release you from any liability already incurred.
JOINT APPLICANT LIABILITY. If more than one person is listed on the Account, each of you shall be jointly and individually liable to us for all charges made to the Account, including applicable fees. In addition, you agree that each of you designates the other as agent for the purpose of making purchases extended under this Agreement and each use of your Account shall be an extension of credit to all. Notice to one of you shall constitute notice to all. Any Card holder may close the Account at any time by notifying us in writing. However, removal from the Account does not release you from liability already occurred.
JOINT APPLICANT LIABILITY. In the event this Agreement is executed by someone in addition to you, it is further agreed that the terms “you” and “your” as used herein shall refer to you collectively and that each of you shall be jointly and individually liable to the Credit Union for all charges made to the account, including applicable fees. In addition, you agree that each of you designates the other as agent for the purpose of making purchases extended under this Agreement and each use of your account shall be an extension of credit to all. Notice to one of you shall constitute notice to all. Any joint applicant may remove himself/herself from responsibility for future purchases at any time by notifying the Credit Union in writing. However, removal from the account does not release any joint applicant from liability already incurred.
JOINT APPLICANT LIABILITY. Each person who applied for the Card shall be jointly and individually liable to us for all charges made to the Account, including applicable fees. In addition, you agree that each of you designates the other as agent for the purpose of making purchases, cash advances or balance transfers under this Agreement and each use of your Card or Account shall be an extension of credit to all. Notice to one of you shall constitute notice to all. Any joint cardholder may remove himself or herself from responsibility for future purchases at any time by notifying us in writing. However, removal from the Account does not release you from any liability already incurred.
JOINT APPLICANT LIABILITY. If this Agreement is executed by more than one person, each of you shall be jointly and individually liable to us for all charges made to the Account, including applicable fees. In addition, you agree that each of you designates the other as agent for the purpose of making purchases extended under this Agreement and each use of your Account shall be an extension of credit to all. Notice to one of you shall constitute notice to all. Any joint cardholder may remove him/herself from responsibility for future purchases at any time by notifying us in writing. However, removal from the Account does not release you from any liability already incurred. CONVENIENCE CHECKS: We may, at our discretion, issue checks to you which may be used for any purpose other than making a payment for credit on your Account. We will honor and pay checks as long as they are drawn on forms authorized by us and presented before the expiration date on the check and in an amount not less than $100.00. By signing such checks, you authorize us to pay the item for the amount indicated and post such amount as a cash advance to your Account. We may recognize the signature of anyone who signed the Credit Application for the MasterCard credit card account as authorized to transact any business on this account. You, or any other person authorized to draw on the Account, may order stop payment of any check payable against your Account, provided your request is timely and affords us a reasonable opportunity to act upon it under our rules. A stop payment fee will be assessed for each stop payment as set forth in our Schedule of Fees and Charges. If you give a stop payment order verbally, the order shall be valid for fourteen (14) days thereafter unless confirmed in writing. Written orders shall be valid no longer than six (6) months, but may be renewed for an additional six (6) month period by written notice. You have the burden of establishing the fact and amount of loss resulting from payment contrary to a binding stop payment order. We do not have to pay any item which would cause the outstanding balance in your Account to exceed your credit limit. If a Card is reported lost or stolen, the MasterCard convenience checks are null and void. You agree to hold us harmless and to indemnify us from any liability incurred due to a delay or misrouting of the MasterCard convenience check for any reason. RESPONSIBILITY FOR ACCOUNT: You agree to repay us according to the terms of this Agreement for all purc...
JOINT APPLICANT LIABILITY. If this Agreement is executed by more than one person, each of you shall be jointly and individually liable to us for all charges made to the Account, including applicable fees. In addition, you agree that each of you designates the other as agent for the purpose of making purchases extended under this Agreement and each use of your Account shall be an extension of credit to all. Notice to one of you shall constitute notice to all.
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JOINT APPLICANT LIABILITY. If the Account is issued to you and others as a joint Account, each use of your Account shall be an extension of credit to all, and each of you shall be jointly and severally liable for all charges made to the Account, including applicable fees. In addition, you agree that each of you designates the other as agent for the purpose of making purchases extended under this Agreement. Notice to one of you shall constitute notice to all.Any joint cardholder may remove him/ herself from responsibility for future purchases at any time by notifying us in writing. However, removal from the Account does not release you from any liability already incurred.
JOINT APPLICANT LIABILITY. If more than one person signs the application, then notwithstanding any provision of this Agreement designating responsibility to one cardholder for remitting payments each of you shall be jointly and individually liable to us for all charges made to the Account, including applicable fees. In addition, you agree that each of you designates the other as agent for the purpose of making purchases extended under this Agreement and each use of your Account shall be an extension of credit to all. Notice to one of you shall constitute notice to all. Any cardholder may close the Account at any time by notifying us in writing. However, removal from the Account does not release you from any liability already incurred.
JOINT APPLICANT LIABILITY. If this Agreement is executed by more than one person, each of you shall be jointly and individually liable to us for all charges made to the Account, including applicable fees. In addition, you agree that each of you designates the other as agent for the purpose of making purchases extended under this Agreement and each use of your Account shall be an extension of credit to all. Notice to one of you shall constitute notice to all. Any joint cardholder may remove him/herself from responsibility for future purchases at any time by notifying us in writing. However, removal from the Account does not release you from any liability already incurred. CONVENIENCE CHECKS: We may, at our discretion, issue checks to you which may be used for any purpose other than making a payment for credit to your Account. By signing such checks, you authorize us to pay the item for the amount indicated and post such amount as a cash advance to your Account. We do not have to pay any item which would cause the outstanding balance in your Account to exceed your credit limit. Charges that apply in connection with the use of Convenience Checks are as follows: Copy of Paid Check $0.00; Stop Payment on Check $30.00; Non-Sufficient Funds Check (NSF) $25.00. Fees will be assessed at the time they are incurred.
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