Common use of Right of appropriation Clause in Contracts

Right of appropriation. (a) We shall be entitled in our reasonable discretion to apply and appropriate all payments received by us in such a manner or order of priority as we may deem fit, notwithstanding any specific appropriation of such sums by you or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of priority: (i) all unpaid interest, fees and charges; (ii) all unpaid balance transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions shown in any previous statements of account; (iii) all unpaid balance transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions shown in the current statement of account; and (iv) all unpaid balance transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions not yet included in any statement of account. (b) Payments made to your card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected in your statement of account) before reducing any other current balance in your card account (including any balances transferred from previous fund transfer programs)

Appears in 6 contracts

Samples: Citi International Gold Card Cardmember’s Agreement, Citi International Gold Card Cardmember’s Agreement, Citi International Gold Card Cardmember’s Agreement

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Right of appropriation. (a) We shall be are entitled in our reasonable absolute discretion to apply and appropriate all payments received by us in such a manner or order of priority as we may deem fit, notwithstanding any specific appropriation of such sums by you or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of prioritypriority :- (i) all unpaid interest, fees and chargescharges shown in any previous statements of account; (ii) all unpaid balance interest, fees and charges shown in the current statements of account; (iii) all unpaid fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions shown in any previous statements of account; (iiiiv) all unpaid balance fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions shown in the current statement of account; and (ivv) all unpaid balance fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions not yet included in any statement of account. (b) Payments made to your card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected in your statement of account) before reducing any other current balance in your card account (including any balances transferred from previous fund transfer programs).

Appears in 5 contracts

Samples: Citi Clear Visa Cardmember’s Agreement, Cardmember Agreement, Citi Dividend Cardmember's Agreement

Right of appropriation. (a) We shall be are entitled in our reasonable absolute discretion to apply and appropriate all payments received by us in such a manner or order of priority as we may deem fit, notwithstanding any specific appropriation of such sums by you or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of prioritypriority : (i) all unpaid interest, fees and chargescharges shown in any previous statements of account; (ii) all unpaid balance interest, fees and charges shown in the current statements of account; (iii) all unpaid fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions shown in any previous statements of account; (iiiiv) all unpaid balance fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions shown in the current statement of account; and (ivv) all unpaid balance fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions not yet included in any statement of account. (b) Payments made to your card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected in your statement of account) before reducing any other current balance in your card account (including any balances transferred from previous fund transfer programs).

Appears in 3 contracts

Samples: Citi Premiermiles American Express Cardmember Agreement, Citi Prestige Cardmember Agreement, Cardmember Agreement

Right of appropriation. (a) We shall be are entitled in our reasonable absolute discretion to apply and appropriate all payments received by us in such a manner or order of priority as we may deem fit, notwithstanding any specific specifi c appropriation of such sums by you or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of prioritypriority :- (i) all All unpaid interest, fees and chargescharges shown in any previous statements of account; (ii) all All unpaid balance interest, fees and charges shown in the current statements of account; (iii) All unpaid fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card Card transactions shown in any previous statements of account; (iiiiv) all All unpaid balance fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card Card transactions shown in the current statement of account; and (ivv) all All unpaid balance fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card Card transactions not yet included in any statement of account. (b) Payments made to your card Card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected in your statement of account) before reducing any other current balance in your card Card account (including any balances transferred from previous fund transfer programs).

Appears in 2 contracts

Samples: Cardmember Agreement, Cardmember Agreement

Right of appropriation. (a) We shall be are entitled in our reasonable absolute discretion to apply and appropriate all payments received by us in such a manner or order of priority as we may deem fitfit, notwithstanding any specific specific appropriation of such sums by you or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of prioritypriority :- (i) all unpaid interest, fees and chargescharges shown in any previous statements of account; (ii) all unpaid balance interest, fees and charges shown in the current statements of account; (iii) all unpaid fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions shown in any previous statements of account; (iiiiv) all unpaid balance fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions shown in the current statement of account; and (ivv) all unpaid balance fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions not yet included in any statement of account. (b) Payments made to your card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected reflected in your statement of account) before reducing any other current balance in your card account (including any balances transferred from previous fund transfer programs).

Appears in 2 contracts

Samples: Cardmember Agreement, Citi Clear Visa Cardmember's Agreement

Right of appropriation. (a) We shall be are entitled in our reasonable absolute discretion to apply and appropriate all payments received by us in such a manner or order of priority as we may deem fit, notwithstanding any specific appropriation of such sums by you or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of prioritypriority :- (i) all unpaid interest, fees and chargescharges shown in any previous statements of account; (ii) all unpaid balance interest, fees and charges shown in the current statements of account; (iii) all unpaid fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card Card transactions shown in any previous statements of account; (iiiiv) all unpaid balance fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card Card transactions shown in the current statement of account; and (ivv) all unpaid balance fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card Card transactions not yet included in any statement of account. (b) Payments made to your card Card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected in your statement of account) before reducing any other current balance in your card account (including any balances transferred from previous fund transfer programs).

Appears in 2 contracts

Samples: Citi M1 Platinum Visa Cardmember’s Agreement, Citi M1 Platinum Visa Cardmember’s Agreement

Right of appropriation. (a) We shall be are entitled in our reasonable absolute discretion to apply and appropriate all payments received by us in such a manner or order of priority as we may deem fit, notwithstanding any specific specifi c appropriation of such sums by you or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of prioritypriority :- (i) all unpaid interest, fees and chargescharges shown in any previous statements of account; (ii) all unpaid balance interest, fees and charges shown in the current statement of account; (iii) all unpaid fund transfer balances (subject to 15.1 (b15.1(b)), cash advances, instalment plans, card Card transactions shown in any previous statements of account; (iiiiv) all unpaid balance fund transfer balances (subject to 15.1 (b15.1(b)), cash advances, instalment plans, card Card transactions shown in the current statement of account; and; (ivv) all unpaid balance fund transfer balances (subject to 15.1 (b15.1(b)), cash advances, instalment plans, card Card transactions not yet included in any statement of account. (b) Payments made to your card Card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected refl ected in your statement of account) before reducing any other current balance in your card Card account (including any balances transferred from previous fund transfer programs).

Appears in 1 contract

Samples: Cardmember Agreement

Right of appropriation. (a) We shall be are entitled in our reasonable absolute discretion to apply and appropriate all payments received by us in such a manner or order of priority as we may deem fitfit, notwithstanding any specific specific appropriation of such sums by you or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of prioritypriority :- (i) all unpaid interest, fees and chargescharges shown in any previous statements of account; (ii) all unpaid balance interest, fees and charges shown in the current statements of account; (iii) all unpaid fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions shown in any previous statements of account; (iiiiv) all unpaid balance fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions shown in the current statement of account; and (ivv) all unpaid balance fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions not yet included in any statement of account. (b) Payments made to your card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected reflected in your statement of account) before reducing any other current outstanding balance in your card account (including any balances transferred from previous fund transfer programs).

Appears in 1 contract

Samples: Credit Card Agreement

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Right of appropriation. (a) We shall be are entitled in our reasonable absolute discretion to apply and appropriate all payments received by us in such a manner or order of priority as we may deem fit, notwithstanding any specific appropriation of such sums by you or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of prioritypriority :- (i) all unpaid interest, fees and chargescharges shown in any previous statements of account; (ii) all unpaid balance interest, fees and charges shown in the current statements of account; (iii) all unpaid fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions shown in any previous statements of account; (iiiiv) all unpaid balance fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions shown in the current statement of account; and (ivv) all unpaid balance fund transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions not yet included in any statement of account. (b) Payments made to your card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected in your statement of account) before reducing any other current outstanding balance in your card account (including any balances transferred from previous fund transfer programs).

Appears in 1 contract

Samples: Credit Card Agreement

Right of appropriation. (a) We shall be are entitled in our reasonable absolute discretion to apply and appropriate all payments received by us in such a manner or order of priority as we may deem fitfit, notwithstanding any specific specifi c appropriation of such sums by you or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of prioritypriority :- (i) all unpaid interest, fees and chargescharges shown in any previous statements of account; (ii) all unpaid balance interest, fees and charges shown in the current statement of account; (iii) all unpaid fund transfer balances (subject to 15.1 (b15.1(b)), cash advances, instalment plans, card Card transactions shown in any previous statements of account; (iiiiv) all unpaid balance fund transfer balances (subject to 15.1 (b15.1(b)), cash advances, instalment plans, card Card transactions shown in the current statement of account; and; (ivv) all unpaid balance fund transfer balances (subject to 15.1 (b15.1(b)), cash advances, instalment plans, card Card transactions not yet included in any statement of account. (b) Payments made to your card Card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected refl ected in your statement of account) before reducing any other current balance in your card Card account (including any balances transferred from previous fund transfer programs).

Appears in 1 contract

Samples: Cardmember Agreement

Right of appropriation. (a) We shall be are entitled in our reasonable absolute discretion to apply and appropriate all payments received by us in such a manner or order of priority as we may deem fitfit, notwithstanding any specific specific appropriation of such sums by you or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of prioritypriority :- (i) all unpaid interest, fees and chargescharges shown in any previous statement of account; (ii) all unpaid balance interest, fees and charges shown in the current statement of account; (iii) all unpaid fund transfer balances (subject to 15.1 (b15.1(b)), cash advances, instalment plans, card Card transactions shown in any previous statements of account; (iiiiv) all unpaid balance fund transfer balances (subject to 15.1 (b15.1(b)), cash advances, instalment plans, card Card transactions shown in the current statement of account; and; (ivv) all unpaid balance fund transfer balances (subject to 15.1 (b15.1(b)), cash advances, instalment plans, card Card transactions not yet included in the computation of any statement of account. (b) Payments made to your card Card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected reflected in your statement of account) before reducing any other current balance in your card Card account (including any balances transferred from previous fund transfer programs).

Appears in 1 contract

Samples: Cardmember Agreement

Right of appropriation. (a) We shall be entitled in our reasonable discretion to apply and appropriate all payments received by us in such a manner or order of priority as we may deem fit, notwithstanding any specific appropriation of such sums by you or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of priority: (i) all unpaid interest, fees and charges; (ii) all unpaid balance transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions shown in any 12 previous statements of account; (iii) all unpaid balance transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions shown in the current statement of account; and (iv) all unpaid balance transfer balances (subject to 15.1 (b)), cash advances, instalment plans, card transactions not yet included in any statement of account. (b) Payments made to your card account will always reduce the balances transferred under the latest fund transfer program (after it has been reflected in your statement of account) before reducing any other current balance in your card account (including any balances transferred from previous fund transfer programs)

Appears in 1 contract

Samples: Cardmember Agreement

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