Common use of MODIFICATIONS, AMENDMENTS AND CANCELLATION Clause in Contracts

MODIFICATIONS, AMENDMENTS AND CANCELLATION. The Bank is entitled at any time and without any prior notice or liability to the Cardholder in any manner whatsoever to terminate SMART CHEQUE or cancel or vary its benefits or features, or vary, or add or delete any of the SMART CHEQUE Terms and Conditions. The Bank is also entitled to determine the minimum transaction amount allowed under SMART CHEQUE for each Cheque. The Bank reserves the right to disqualify any Cardholder from further participation, if in its judgment, the Cardholder has in any way violated the SMART CHEQUE Terms and Conditions and/or the terms and Conditions and/or any reason that the Bank deems fit without assigning any reason whatsoever. The Bank shall be entitled to disallow / refuse any application / instructions submitted by the Cardholder under SMART CHEQUE without assigning any reason whatsoever.