Common use of Loss of the Card Clause in Contracts

Loss of the Card. 6.01 If the “Card” is lost, stolen, or the “PIN” is misplaced, disclosed or otherwise, the “Cardholder” must immediately, and within 24 hours, notify the “Bank” in person or in writing. In case such an event occurs outside the normal Banking hours, the “Cardholders” shall call the Mashreqbank psc Customer Service number. Any such notification must be confirmed in writing immediately but in any case within seven days to the “Bank”. The “Cardholder” shall at all times remain liable for any use or misuse of the “Card” and/or the “PIN”, including all “Cash Advances”, prior to reporting the loss, theft, misplacement, disclosure or otherwise. The “Cardholder” must give the “Bank” all available information as to the circumstances surrounding the said loss, theft, misplacement, disclosure or otherwise of the “Card” and/or “PIN”. The “Bank” shall not be liable in any manner whatsoever for any loss or damage which may be incurred or which might arise directly or indirectly as a result of the loss/theft of the “Card” or its misuse and/or misplacement/disclosure of the “PIN”. 6.02 Without prejudice to the contents of Clause (6.01) above, and in addition to it, and whichever is sooner, the “Cardholder” will remain fully liable to the “Bank” in respect of any use or misuse of the “Card” after cancellation or during a period when the right to use the “Card” has been withdrawn or suspended or both whichever comes sooner. Cancellation of the “Card” shall not affect the “Cardholder’s” liabilities or obligations pursuant to this Agreement arisen prior to such cancellation. 6.03 The “Bank” may at its own discretion and determination, subject to charging a fee, issue the “Cardholder” a replacement “Card” in substitution of the reported lost, stolen, misplaced, or otherwise in addition to a new “PIN” at the sole risk and expense of the “Cardholder”. 6.04 If the “Cardholder” recovers the “Card” previously reported to be lost, stolen, misplaced, or otherwise, the “Card” must not be used and the “Cardholder” must cut the Card into two and immediately return both halves to the Bank.

Appears in 6 contracts

Samples: Cashback Terms & Conditions, Credit Card Cardholder Agreement, Cashback Terms & Conditions

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Loss of the Card. 6.01 7.1 If the Cardis lost, lost or stolen, or the PINis misplaced, disclosed or otherwiseotherwise compromised, the Cardholdermust immediately, immediately and within 24 hours, hours notify the Bankin person or in writing. In case such an event occurs outside the normal Banking hours, the “Cardholders” ‘Cardholder’ shall call the Mashreqbank Mashreq Bank psc Customer Service service number. Any such notification must be confirmed in writing to the ‘Bank’ immediately but in any case within seven (7) days to the Bank’ of the loss, theft or disclosure. The Cardholdershall at all times remain liable for any use or misuse of the Cardand/or the PIN, including all Cash Advances, prior to reporting the loss, theft, misplacement, or disclosure or otherwiseof the ‘Card’ and/or ‘PIN’. The Cardholdermust give the Bankall available information as to the circumstances surrounding the said such loss, theft, misplacement, disclosure misplacement or otherwise of the “Card” and/or “PIN”disclosure. The Bankshall not be liable in any manner whatsoever for any loss or damage which may be incurred or which might arise directly or indirectly as a result of the loss/loss or theft of the Cardor its misuse and/or misplacement/misplacement or disclosure of the PIN. 6.02 7.2 Without prejudice to the contents of Clause (6.01) above, and in addition to it, and whichever is soonerclause 8.1, the Cardholderwill remain fully liable to the Bankin respect of any use or misuse of the Cardafter cancellation or during a period when the right to use the Cardhas been withdrawn or suspended or both whichever comes soonerand/or suspended. Cancellation of the Cardshall not affect the Cardholder’sliabilities or obligations pursuant to this Agreement arisen ‘Agreement’ arising prior to such cancellation. 6.03 7.3 The Bankmay at its own discretion and determination, subject to charging a fee, issue the Cardholdera replacement Cardin substitution of the reported lost, stolen, misplaced, or otherwise compromised card in addition to a new PINat the sole risk and expense of the Cardholder. 6.04 7.4 If the Cardholderrecovers the Cardpreviously reported to be lost, stolen, misplaced, or otherwiseotherwise compromised, the Cardmust not be used and the Cardholdermust cut the Card ‘Card’ into two halves and immediately return both halves to the Bank.

Appears in 3 contracts

Samples: Cardholder Agreement, Cardholder Agreement, Credit Card Agreement

Loss of the Card. 6.01 7.1. If the Cardis lost, lost or stolen, or the PINis misplaced, disclosed or otherwiseotherwise compromised, the Cardholdermust immediately, immediately and within 24 hours, hours notify the Bankin person or in writing. In case such an event occurs outside the normal Banking hours, the “Cardholders” ‘Cardholder’ shall call the Mashreqbank Mashreq Bank psc Customer Service service number. Any such notification must be confirmed in writing to the ‘Bank’ immediately but in any case case, within seven (7) days to the Bank’ of the loss, theft or disclosure. The Cardholdershall at all times remain liable for any use or misuse of the Cardand/or the PIN, including all Cash Advances, prior to reporting the loss, theft, misplacement, or disclosure or otherwiseof the ‘Card’ and/or ‘PIN’. The Cardholdermust give the Bankall available information as to the circumstances surrounding the said such loss, theft, misplacement, disclosure misplacement or otherwise of the “Card” and/or “PIN”disclosure. The Bankshall not be liable in any manner whatsoever for any loss or damage which may be incurred or which might arise directly or indirectly as a result of the loss/loss or theft of the Cardor its misuse and/or misplacement/misplacement or disclosure of the PIN. 6.02 7.2. Without prejudice to the contents of Clause (6.01) above, and in addition to it, and whichever is soonerclause 8.1, the Cardholderwill remain fully liable to the Bankin respect of any use or misuse of the Cardafter cancellation or during a period when the right to use the Cardhas been withdrawn or suspended or both whichever comes soonerand/or suspended. Cancellation of the Cardshall not affect the Cardholder’sliabilities or obligations pursuant to this Agreement arisen ‘Agreement’ arising prior to such cancellation. 6.03 7.3. The Bankmay at its own discretion and determination, subject to charging a fee, issue the Cardholdera replacement Cardin substitution of the reported lost, stolen, misplaced, or otherwise compromised card in addition to a new PINat the sole risk and expense of the Cardholder. 6.04 7.4. If the Cardholderrecovers the Cardpreviously reported to be lost, stolen, misplaced, or otherwiseotherwise compromised, the Cardmust not be used and the Cardholdermust cut the Card ‘Card’ into two halves and immediately return both halves to the Bank.

Appears in 2 contracts

Samples: Cardholder Agreement, Cardholder Agreement

Loss of the Card. 6.01 If the “Card” is lost, stolen, or the “PIN” is misplaced, disclosed or otherwise, the “Cardholder” must immediately, and within 24 hours, notify the “Bank” in person or in writing. In case such an event occurs outside the normal Banking hours, the “Cardholders” shall call the Mashreqbank psc Customer Service number. Any such notification must be confirmed in writing immediately but in any case within seven days to the “Bank”. The “Cardholder” shall at all times remain liable for any use or misuse of the “Card” and/or the “PIN”, including all “Cash Advances”, prior to reporting the loss, theft, misplacement, disclosure or otherwise. The “Cardholder” must give the “Bank” all available information as to the circumstances surrounding the said loss, theft, misplacement, disclosure or otherwise of the “Card” and/or “PIN”. The “Bank” shall not be liable in any manner whatsoever for any loss or damage which may be incurred or which might arise directly or indirectly as a result of the loss/theft of the “Card” or its misuse and/or misplacement/disclosure of the “PIN”. 6.02 Without prejudice to the contents of Clause (6.01) above, and in addition to it, and whichever is sooner, the “Cardholder” will remain fully liable to the “Bank” in respect of any use or misuse of the “Card” after cancellation or during a period when the right to use the “Card” has been withdrawn or suspended or both whichever comes sooner. Cancellation of the “Card” shall not affect the “Cardholder’s” liabilities or obligations pursuant to this Agreement arisen prior to such cancellation. 6.03 The “Bank” may at its own discretion and determination, subject to charging a fee, issue the “Cardholder” a replacement “Card” in substitution of the reported lost, stolen, misplaced, or otherwise in addition to a new “PIN” at the sole risk and expense of the “Cardholder”.a 6.04 If the “Cardholder” recovers the “Card” previously reported to be lost, stolen, misplaced, or otherwise, the “Card” must not be used and the “Cardholder” must cut the Card into two and immediately return both halves to the Bank.

Appears in 1 contract

Samples: Credit Card Cardholder Agreement

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Loss of the Card. 6.01 7.1 If the Cardis lost, lost or stolen, or the PINis misplaced, disclosed or otherwiseotherwise compromised, the Cardholdermust immediately, immediately and within 24 hours, hours notify the Bankin person or in writing. In case such an event occurs outside the normal Banking hours, the “Cardholders” ‘Cardholder’ shall call the Mashreqbank Mashreq Bank psc Customer Service service number. Any such notification must be confirmed in writing to the ‘Bank’ immediately but in any case case, within seven (7) days to the Bank’ of the loss, theft or disclosure. The Cardholdershall at all times remain liable for any use or misuse of the Cardand/or the PIN, including all Cash Advances, prior to reporting the loss, theft, misplacement, or disclosure or otherwiseof the ‘Card’ and/or ‘PIN’. The Cardholdermust give the Bankall available information as to the circumstances surrounding the said such loss, theft, misplacement, disclosure misplacement or otherwise of the “Card” and/or “PIN”disclosure. The Bankshall not be liable in any manner whatsoever for any loss or damage which may be incurred incurred, or which might arise directly or indirectly as a result of the loss/loss or theft of the Cardor its misuse and/or misplacement/misplacement or disclosure of the PIN. 6.02 7.2 Without prejudice to the contents of Clause (6.01) above, and in addition to it, and whichever is soonerclause 8.1, the Cardholderwill remain fully liable to the Bankin respect of any use or misuse of the Cardafter cancellation or during a period when the right to use the Cardhas been withdrawn or suspended or both whichever comes soonerand/or suspended. Cancellation of the Cardshall not affect the Cardholder’sliabilities or obligations pursuant to this Agreement arisen ‘Agreement’ arising prior to such cancellation. 6.03 7.3 The Bankmay at its own discretion and determination, subject to charging a fee, issue the Cardholdera replacement Cardin substitution of the reported lost, stolen, misplaced, or otherwise compromised card in addition to a new PINat the sole risk and expense of the Cardholder. 6.04 7.4 If the Cardholderrecovers the Cardpreviously reported to be lost, stolen, misplaced, or otherwiseotherwise compromised, the Cardmust not be used and the Cardholdermust cut the Card ‘Card’ into two halves and immediately return both halves to the Bank.

Appears in 1 contract

Samples: Cardholder Agreement

Loss of the Card. 6.01 If the “Card” is lost, stolen, or the “PIN” is misplaced, disclosed or otherwise, the “Cardholder” must immediately, and within 24 hours, notify the “Bank” in person or in writing. In case such an event occurs outside the normal Banking hours, the “Cardholders” shall call the Mashreqbank psc Customer Service number. Any such notification must be confirmed in writing immediately but in any case within seven days to the “Bank”. The “Cardholder” shall at all times remain liable for any use or misuse of the “Card” and/or the “PIN”, including all “Cash Advances”, prior to reporting the loss, theft, misplacement, disclosure or otherwise. The “Cardholder” must give the “Bank” all available information as to the circumstances surrounding the said loss, theft, misplacement, disclosure or otherwise of the “Card” and/or “PIN”. The “Bank” shall not be liable in any manner whatsoever for any loss or damage which may be incurred or which might arise directly or indirectly as a result of the loss/theft of the “Card” or its misuse and/or misplacement/disclosure of the “PIN”. 6.02 Without prejudice to the contents of Clause (6.01) above, and in addition to it, and whichever is sooner, the “Cardholder” will remain fully liable to the “Bank” in respect of any use or misuse of the “Card” after cancellation or during a period when the right to use the “Card” has been withdrawn or suspended or both whichever comes sooner. Cancellation of the “Card” shall not affect the “Cardholder’s” liabilities or obligations pursuant to this Agreement arisen prior to such cancellation. 6.03 The “Bank” may at its own discretion and determination, subject to charging a fee, issue the “Cardholder” a replacement “Card” in substitution of the reported lost, stolen, misplaced, or otherwise in addition to a new “PIN” at the sole risk and expense of the “Cardholder”. 6.04 If the “Cardholder” recovers the “Card” previously reported to be lost, stolen, misplaced, or otherwise, the “Card” must not be used and the “Cardholder” must cut the Card into two and immediately return both halves to the Bank.the

Appears in 1 contract

Samples: Credit Card Cardholder Agreement

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