Common use of Liability for Debt Clause in Contracts

Liability for Debt. Except as otherwise specifically set out in these Commercial Card Program Service Materials, the Customer is ultimately liable for all Debt charged to each Cardholder Account, including Debt resulting from transactions that are not for Eligible Purposes, no matter how it is incurred or who has incurred it, and even when the Customer selects Individual Billing and Royal Bank makes available the Billing Statements to the Cardholders and the Memo Statements to the Customer. Royal Bank may use scanning, electronic or other reproduction of any Purchase or Cash Advance draft or other Document evidencing Debt to establish the liability of the Customer for that Debt. Upon request, Royal Bank will provide electronic or other reproduction within a reasonable time frame of any Purchase or Cash Advance draft or other Document evidencing the Debt. Original records of Purchases may not be available in paper format. Digital records are valid to establish the accuracy of Royal Bank’s records.

Liability for Debt. Except as otherwise specifically set out in these Commercial Card Program Service Materials, the Customer is ultimately liable for all Debt charged to each Cardholder Account, including Debt resulting from transactions that are not for Eligible Purposes, no matter how it is incurred or who has incurred it, and even when the Customer selects Individual Billing and Royal Bank makes available the Billing Statements to the Cardholders and the Memo Statements to the Customer. Royal Bank may use scanning, electronic or other reproduction of any Purchase or Cash Advance draft or other Document document evidencing Debt to establish the liability of the Customer for that Debt. Upon request, Royal Bank will provide electronic or other reproduction within a reasonable time frame of any Purchase or Cash Advance draft or other Document evidencing the Debt. Original records of Purchases may not be available in paper format. Digital records are valid to establish the accuracy of Royal Bank’s ' s records.