Common use of LIABILITY OF PRINCIPAL CARDHOLDER Clause in Contracts

LIABILITY OF PRINCIPAL CARDHOLDER. If you are the Principal Cardholder, you are liable for and must pay us on demand the outstanding balances whether incurred by you or the Supplementary Cardholder(s) on your Card Account(s) including all charges and costs debited to any Card Account(s). You are jointly and severally liable with each Supplementary Cardholder for such part of the outstanding balance in connection with his/her Supplementary Card.

LIABILITY OF PRINCIPAL CARDHOLDER. If you are the Principal Cardholder, you are liable for and must shall pay us on demand the outstanding balances whether incurred by you or the Supplementary Cardholder(s) on your Card Account(s) including all charges and costs debited to any Card Account(s). You are jointly and severally liable with each Supplementary Cardholder for such part of the outstanding balance in connection with his/her Supplementary CardCard(s).

LIABILITY OF PRINCIPAL CARDHOLDER. If you are the Principal Cardholder, you are liable for and must pay us on demand the outstanding balances whether incurred by you or the Supplementary Cardholder(s) on your Card Account(s) including all charges and costs debited to any Card Account(s). You are jointly and severally liable Updated on 17 December 2020 with each Supplementary Cardholder for such part of the outstanding balance in connection with his/her Supplementary Card.