Common use of Liability for Charges - Immediate payment Clause in Contracts

Liability for Charges - Immediate payment. All amounts charged to an Account will be called “Charges” in this Agreement. Charges will include purchaseof goods or services effected by the use of a Corporate Card (regardless of whether you have signed any chargeform), the annual Corporate Card fee, late payment charges or any other fees. The Company is liable to us for all Charges incurred on all Corporate Cards as per the terms of the Corporate Card Account Agreement. The Corporate Cardmember is liable along with the Company, as per the terms of the Corporate Card Account Agreement, to us for all Charges made in connection with the Corporate Card issued in his or her name, even though we may send a monthly statement of the Charges to the Company. All Charges are due immediately upon receipt of your monthly statement. You should notify us immediately of any change in your billing address. In the event of your non-receipt of our monthly statement you shall be liable to make payment of the Charges within 21 days of incurring the Charge or earlier if requested by us. Our copy of the monthly statement of Charges will be final and conclusive evidence of the Company’s and your liability for the charges stated therein. You further expressly and unconditionally agree that your signature on each Record of Charge or charge slip (ROC) and/or an authentication by way of a PIN will amount to an unconditional undertaking by you to pay to us the amount of the Charge stated therein. You agree that when you use the Card, you will sign the ROC with the signature appearing on the Card. Failure to do so will not avoid liability for the Charges. Upon incurring a charge at any Establishment, you must collect your copy of the ROC and the bill from the Establishment. You also agree that a copy produced from a microfilm of any document relating to your Account with us or produced from data received by us electronically from an Establishment’s point-of-sale terminal or from you, shall be admissible to prove the contents of that document for any purpose. We reserve our right to levy a service Charge, at our discretion, in addition to the amount of charge on any particular transaction at any Establishment.

Liability for Charges - Immediate payment. All amounts charged to an Account account will be called “Charges” in this Agreement. Charges will include purchaseof purchase of goods or services effected affected by the use of a Corporate Commercial Card (regardless of whether you have signed any chargeform), the annual Corporate Card fee, late payment charges charge form) or any other fees. • The Company is liable to us for all Charges incurred on all Corporate Commercial Cards as per the terms of the Corporate Commercial Card Account Agreement. The Corporate Cardmember is liable along with the Company, as per the terms of the Corporate Commercial Card Account Agreement, is liable to us for all Charges made in connection with the Corporate Commercial Card issued in his or her namethe name of its employee, even though we may send a monthly statement of the Charges to in the Companyname of the employee. • All Charges are due immediately upon receipt of your monthly statement. You should notify us immediately of any change in your billing address. • In the event of your non-receipt of our monthly statement statement, you shall be liable to make payment of the Charges charges within 21 days of incurring the Charge or earlier earlier, if requested by us. Our copy of the monthly statement of Charges charges will be final and conclusive evidence of the Company’s and your liability for the charges stated therein. You further expressly and unconditionally agree that your signature on each Record of Charge or charge slip (ROC) and/or an authentication by way of a PIN will amount to an unconditional undertaking by you to pay to us the amount of the Charge stated therein. • You agree that when you use the Card, you will sign the Record of Charge ROC with the signature appearing on the Card. Failure to do so will not avoid liability for the Charges. Upon incurring a charge at any Establishment, you must collect your copy of the ROC and the bill from the Establishmentbank. You also agree that a copy produced from a microfilm of any document relating to your Account with us or produced from data received by us electronically from an Establishment’s point-of-sale terminal or from you, shall be admissible to prove the contents of that document for any purpose. • We reserve our right to levy a service Chargecharge, at our discretion, in addition to the amount of charge on any particular transaction at any Establishmentestablishment. • Surcharge may be levied on purchase of certain product and services as notified by the Bank from time to time. Payment of surcharge is mandatory and the same may vary from time to time. • You are also liable to pay any statutory dues levied on the services provided by the Bank to you. • A Goods & Services Tax of 18% or as amended by the government from time to time) is applicable on all fees, interests & other charges as per the Government of India regulation. The cardholder agrees to pay this tax and any other applicable tax that might be announced from the Government from time to time.

Liability for Charges - Immediate payment. All amounts charged to an Account account will be called “Charges” in this Agreement. Charges will include purchaseof purchase of goods or services effected affected by the use of a Corporate Card (regardless of whether you have signed any chargeform), the annual Corporate Card fee, late payment charges charge form) or any other fees. • The Company is liable to us for all Charges incurred on all Corporate Cards as per the terms of the Corporate Card Account Agreement. The Corporate Cardmember is liable along with the Company, as per the terms of the Corporate Card Account Agreement, is liable to us for all Charges made in connection with the Corporate Card issued in his or her namethe name of its employee, even though we may send a monthly statement of the Charges to in the Companyname of the employee. • All Charges are due immediately upon receipt of your monthly statement. You should notify us immediately of any change in your billing address. • In the event of your non-receipt of our monthly statement statement, you shall be liable to make payment of the Charges charges within 21 days of incurring the Charge or earlier earlier; if requested by us. Our copy of the monthly statement of Charges charges will be final and conclusive evidence of the Company’s and your liability for the charges stated therein. You further expressly and unconditionally agree that your signature on each Record of Charge or charge slip (ROC) and/or an authentication by way of a PIN will amount to an unconditional undertaking by you to pay to us the amount of the Charge stated therein. • You agree that when you use the Card, you will sign the Record of Charge ROC with the signature appearing on the Card. Failure to do so will not avoid liability for the Charges. Upon incurring a charge at any Establishment, you must collect your copy of the ROC and the bill xxxx from the Establishmentbank. You also agree that a copy produced from a microfilm of any document relating to your Account with us or produced from data received by us electronically from an Establishment’s point-of-sale terminal or from you, shall be admissible to prove the contents of that document for any purpose. • We reserve our right to levy a service Chargecharge, at our discretion, in addition to the amount of charge on any particular transaction at any Establishmentestablishment. • Surcharge may be levied on purchase of certain product and services as notified by the Bank from lime to time. Payment of surcharge is mandatory and the same may vary from time to time. • You are also liable to pay any statutory dues levied on the services provided by the Bank to you. • A Goods & Services Tax of 18% (or as amended by the government from time to time) is applicable on all fees, interests & other charges as per the Government of India regulation. The cardholder agrees to pay this taxes and any other applicable tax that might be announced from the Government from time to time.

Liability for Charges - Immediate payment. All amounts Allamounts charged to an Account will be called “Charges” in this Agreement. Charges will include purchaseof goods includepurchase ofgoods or services effected by the use of a Corporate Card (regardless of whether you have signed any chargeformcharge form), the annual Corporate Card fee, late payment charges or any other fees. The Company is liable to us for all Charges incurred on all Corporate Cards as per the terms of the Corporate Card Account Agreement. The Corporate Cardmember is liable along with the Company, as per the terms of the Corporate Card Account Agreement, to us for all Charges made in connection with the Corporate Card issued in his or her name, even though we may send a monthly statement of the Charges to the Company. All Charges are due immediately upon receipt of your monthly statement. You should notify us immediately of any change in your billing address. In the event of your non-receipt of our monthly statement you shall be liable to make payment of the Charges within 21 days of incurring the Charge or earlier if requested by us. Our copy of the monthly statement of Charges will be final and conclusive evidence of the Company’s and your liability for the charges stated therein. You further expressly and unconditionally agree that your signature on each Record of Charge or charge slip (ROC) and/or an authentication by way of a PIN will amount to an unconditional undertaking by you to pay to us the amount of the Charge stated therein. You agree that when you use the Card, you will sign the ROC with the signature appearing on the Card. Failure to do so will not avoid liability for the Charges. Upon incurring a charge at any Establishment, you must collect your copy of the ROC and the bill xxxx from the Establishment. You also agree that a copy produced from a microfilm of any document relating to your Account with us or produced from data received by us electronically from an Establishment’s point-of-sale terminal or from you, shall be admissible to prove the contents of that document for any purpose. We reserve our right to levy a service Charge, at our discretion, in addition to the amount of charge on any particular partic ular transaction at any Establishment.

Liability for Charges - Immediate payment. All amounts charged to an Account will be called “Charges” in this Agreement. Charges will include purchaseof purchase of goods or services effected by the use of a Corporate Card (regardless of whether you have signed any chargeformcharge form), the annual Corporate Card fee, late payment charges or any other fees. The Company is liable to us for all Charges incurred on all Corporate Cards as per the terms of the Corporate Card Account Agreement. The Corporate Cardmember is liable along with the Company, as per the terms of the Corporate Card Account Agreement, to us for all Charges made in connection with the Corporate Card issued in his or her name, even though we may send a monthly statement of the Charges to the Company. All Charges are due immediately upon receipt of your monthly statement. You should notify us immediately of any change in your billing address. In the event of your non-receipt of our monthly statement you shall be liable to make payment of the Charges within 21 days of incurring the Charge or earlier if requested by us. Our copy of the monthly statement of Charges will be final and conclusive evidence of the Company’s and your liability for the charges stated therein. You further expressly and unconditionally agree that your signature on each Record of Charge or charge slip (ROC) and/or an authentication by way of a PIN will amount to an unconditional undertaking by you to pay to us the amount of the Charge stated therein. You agree that when you use the Card, you will sign the ROC with the signature appearing on the Card. Failure to do so will not avoid liability for the Charges. Upon incurring a charge at any Establishment, you must collect your copy of the ROC and the bill from the Establishment. You also agree that a copy produced from a microfilm of any document relating to your Account with us or produced from data received by us electronically from an Establishment’s point-of-sale terminal or from you, shall be admissible to prove the contents of that document for any purpose. We reserve our right to levy a service Charge, at our discretion, in addition to the amount of charge on any particular transaction at any Establishment.