Common use of Liability for the card debt Clause in Contracts

Liability for the card debt. The cardholder undertakes to pay to the card issuer the debt incurred on the card. The primary cardholder is liable to pay the card debt based on the use of the primary cardholder’s use of the card issued to the primary cardholder in accordance with section 11.2 (Payment of the card debt). A parallel cardholder is liable to pay the card debt based on the parallel cardholder’s use of the parallel card jointly and severally with the primary cardholder in accordance with section 11.2 (Payment of the card debt).

Appears in 5 contracts

Samples: General Terms and Conditions, General Terms and Conditions, General Terms and Conditions

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Liability for the card debt. The cardholder undertakes to pay to the card issuer the debt incurred on of the cardtransactions. The primary cardholder is liable to pay the card debt based on the use of the primary cardholder’s use of the card issued to the primary cardholder in accordance with section 11.2 (Payment of the card debt). A parallel cardholder is liable to pay the card debt based on the parallel cardholder’s use of the parallel card jointly and severally with the primary cardholder in accordance with section 11.2 (Payment of the card debt).

Appears in 1 contract

Samples: General Terms and Conditions

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