RENEWAL OF THE CARD. 28.1 Upon the expiry of the validity period of the Card, BSN may issue the Cardholder a new replacement Card which is valid for the same period as the validity period of the original Card. BSN may refuse to issue a new replacement Card without having to assign any reason whatsoever. 28.2 In the event that a new Card is issued, the whole Outstanding Balance and all other debit entries constituting the Outstanding Balance in the Card Account shall be transferred to the new Card Account.
Appears in 2 contracts
Samples: Cardholder Agreement, Cardholder Agreement
RENEWAL OF THE CARD. 28.1 i
29.1 Upon the expiry of the validity period of the Card-i, BSN may issue the Cardholder a new replacement Card Card-i which is valid for the same period as the validity period of the original Card. -i. However, BSN may reserve its right to refuse to issue a new replacement Card Card-i without having to assign any reason whatsoever.
28.2 29.2 In the event that a new Card Card-i is issued, the whole Outstanding Balance and all other debit entries constituting the Outstanding Balance in the Card Card-i Account shall be transferred to the new Card Card-i Account.
Appears in 1 contract
Samples: Cardholder Agreement
RENEWAL OF THE CARD. 28.1 Upon the expiry of the validity period of the Card, BSN may issue the Cardholder a new replacement Card which is valid for the same period as the validity period of the original Card. BSN may refuse to issue toissue a new replacement Card without having to assign any reason whatsoever.
28.2 In the event that a new Card is issued, the whole Outstanding Balance and all other debit entries constituting the Outstanding Balance in the Card Account shall be transferred to the new Card Account.
Appears in 1 contract
Samples: Cardholder Agreement