Common use of Ownership and Cancellation of Cards Clause in Contracts

Ownership and Cancellation of Cards. Cards are the property of Stripe and Stripe may, in its reasonable discretion, suspend or cancel a Card at any time, including as required by Law or Card Network Rules, or if a Card is used for a Card Unauthorised Purpose. Stripe will notify you as soon as practicable after suspending or cancelling a Card, and to the extent Law permits, will inform you of the reasons for cancellation or suspension. Stripe will issue a replacement Card or lift the suspension of a Card as soon as practicable after Stripe determines that the reasons for suspension or cancellation cease to exist. You will immediately and at your expense return cancelled Cards to Stripe or provide written certification that cancelled Cards have been destroyed.

Appears in 29 contracts

Samples: Stripe Services Agreement, Stripe Services Agreement, Stripe Services Agreement

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