Common use of Rights of the Bank Clause in Contracts

Rights of the Bank. 14.1 Nothing in this Agreement shall affect the Bank's right of set-off, transfer and application of monies at law or pursuant to any other agreement from time to time subsisting between the Bank and any Person. 14.2 Any credit to be given in respect of Charges will be applied by the Bank to the applicable Card Account only after deduction of any costs (including but not limited to collection and remittance costs), if any, so incurred to the Bank for applying the credit. 14.3 The Bank is entitled (but not legally obliged):- (a) to give effect to any instruction given by any Person to effect payment of sums due under this Agreement from another account with the Bank; (b) to set-off or transfer any monies of whatever description standing in the books of the Bank to the credit of the Account Holder, whether held singly or jointly with others and whether in Ringgit Malaysia or any other currency in or towards discharge of the total amount debited to the Card Account; and (c) to set-off or transfer any monies of whatever description standing in the books of the Bank to the credit of a Cardmember, whether held singly or jointly with others and whether in Ringgit Malaysia or any other currency in or towards discharge of the total amount of Charges in the Card Account attributable to his/her own use of a Card. For the purpose of set-off of funds in any currency other than Ringgit Malaysia, the Bank may convert the currency into Ringgit Malaysia at the prevailing exchange rate determined by the Bank at the time of conversion. If the Bank exercises its rights under this Clause 14.3(b) and 14.3(c), it shall give seven (7) days prior notice to the Account Holder or, as the case may be, the Cardmember to which such exercise of rights relates. 14.4 The Bank is entitled to check the Account Holder’s and/or the Cardmember’s credit standing at any time as and when it deems fit and appropriate without reference to the Account Holder and/or the Cardmember. 14.5 The Bank is entitled to appoint agent(s) for various services as the Bank thinks fit and appropriate which shall include but not limited to Card processing or collection of all sums due and subject to Clause 18, the Bank shall be entitled to disclose to such agent(s) all relevant information pertaining to the Card to facilitate the services rendered by such agent(s) favouring the Bank. The Bank will give seven (7) days prior notice to the Account Holder if a third party debt collection agency is appointed to collect the sums due. 14.6 The Bank is entitled to sell any non-performing loans to a third party.

Rights of the Bank. 14.1 Nothing in this Agreement shall affect the Bank's right of set-off, transfer and application of monies at law or pursuant to any other agreement from time to time subsisting between the Bank and any Person. 14.2 Any credit to be given in respect of Charges will be applied by the Bank to the applicable Card Account only after deduction of any costs (including but not limited to collection and remittance costs), if any, so incurred to the Bank for applying the credit. 14.3 The Bank is entitled (but not legally obliged):- (a) to give effect to any instruction given by any Person to effect payment of sums due under this Agreement from another account with the Bank; (b) to set-off or transfer any monies of whatever description standing in the books of the Bank to the credit of the Account Holder, whether held singly or jointly with others and whether in Ringgit Malaysia or any other currency in or towards discharge of the total amount debited to the Ringgit Malaysia Card Account; and (c) to set-off or transfer any monies of whatever description standing in the books of the Bank to the credit of a Cardmember, whether held singly or jointly with others and whether in Ringgit Malaysia or any other currency in or towards discharge of the total amount of Charges in the Ringgit Malaysia Card Account attributable to his/her own use of a Card. For the purpose of set-off of funds in any currency other than Ringgit Malaysia, the Bank may convert the currency into Ringgit Malaysia at the prevailing exchange rate determined by the Bank at the time of conversion. If the Bank exercises its rights under this Clause 14.3(b) and 14.3(c), it shall give seven (7) days prior notice to the Account Holder or, as the case may be, the Cardmember to which such exercise of rights relates. 14.4 The Bank is entitled to check the Account Holder’s and/or the Cardmember’s credit standing at any time as and when it deems fit and appropriate without reference to the Account Holder and/or the Cardmember. 14.5 The Bank is entitled to appoint agent(s) for various services as the Bank thinks fit and appropriate which shall include but not limited to Card processing or collection of all sums due and subject to Clause 18, the Bank shall be entitled in its absolute discretion to disclose to such agent(s) all relevant information pertaining to the Card to facilitate the services rendered by such agent(s) favouring the Bank. The Bank will give seven (7) days prior notice to the Account Holder if a third party debt collection agency is appointed to collect the sums due. 14.6 The Bank is entitled to sell any non-performing loans to a third party.

Rights of the Bank. 14.1 Nothing in this Agreement shall affect the Bank's right of set-off, transfer and application of monies at law or pursuant to any other agreement from time to time subsisting between the Bank and any Person. 14.2 Any credit to be given in respect of Charges will be applied by the Bank to the applicable Card Account only after deduction of any costs (including but not limited to collection and remittance costs), if any, so incurred to the Bank for applying the credit. 14.3 The Bank is entitled (but not legally obliged):- (a) to give effect to any instruction given by any Person to effect payment of sums due under this Agreement from another account with the Bank; (b) to set-off or transfer any monies of whatever description standing in the books of the Bank to the credit of the Account Holder, whether held singly or jointly with others and whether in Ringgit Malaysia or any other currency in or towards discharge of the total amount debited to the Ringgit Malaysia Card Account; and (c) to set-off or transfer any monies of whatever description standing in the books of the Bank to the credit of a Cardmember, whether held singly or jointly with others and whether in Ringgit Malaysia or any other currency in or towards discharge of the total amount of Charges in the Ringgit Malaysia Card Account attributable to his/her own use of a Card. For the purpose of set-off of funds in any currency other than Ringgit Malaysia, the Bank may convert the currency into Ringgit Malaysia at the prevailing exchange rate determined by the Bank at the time of conversion. If the Bank exercises its rights under this Clause 14.3(b) and 14.3(c), it shall give seven (7) days prior notice to the Account Holder or, as the case may be, the Cardmember to which such exercise of rights relates. 14.4 The Bank is entitled to check the Account Holder’s and/or the Cardmember’s credit standing at any time as and when it deems fit and appropriate without reference to the Account Holder and/or the Cardmember. 14.5 The Bank is entitled to appoint agent(s) for various services as the Bank thinks fit and appropriate which shall include but not limited to Card processing or collection of all sums due and subject to Clause 18, the Bank shall be entitled to disclose to such agent(s) all relevant information pertaining to the Card to facilitate the services rendered by such agent(s) favouring the Bank. The Bank will give seven (7) days prior notice to the Account Holder if a third party debt collection agency is appointed to collect the sums due. 14.6 The Bank is entitled to sell any non-performing loans to a third party.

Rights of the Bank. 14.1 Nothing in this Agreement shall affect the Bank's right of set-off, transfer and application of monies at law or pursuant to any other agreement from time to time subsisting between the Bank and any Person. 14.2 Any credit to be given in respect of Charges will be applied by the Bank to the applicable Card Account only after deduction of any costs (including but not limited to collection and remittance costs), if any, so incurred to the Bank for applying the credit. 14.3 The Bank is entitled (but not legally obliged):- (a) to give effect to any instruction given by any Person to effect payment of sums due under this Agreement from another account with the Bank; (b) to set-off or transfer any monies of whatever description standing in the books of the Bank to the credit of the Account Holder, whether held singly or jointly with others and whether in Ringgit Malaysia or any other currency in or towards discharge of the total amount debited to the Card Account; and (c) to set-off or transfer any monies of whatever description standing in the books of the Bank to the credit of a Cardmember, whether held singly or jointly with others and whether in Ringgit Malaysia or any other currency in or towards discharge of the total amount of Charges in the Card Account attributable to his/her own use of a Card. For the purpose of set-off of funds in any currency other than Ringgit Malaysia, the Bank may convert the currency into Ringgit Malaysia at the prevailing exchange rate determined by the Bank at the time of conversion. If the Bank exercises its rights under this Clause 14.3(b) and 14.3(c), it shall give seven (7) days prior notice to the Account Holder or, as the case may be, the Cardmember to which such exercise of rights relates. 14.4 The Bank is entitled to check the Account Holder’s and/or the Cardmember’s credit standing at any time as and when it deems fit and appropriate without reference to the Account Holder and/or the Cardmember. 14.5 The Bank is entitled to appoint agent(s) for various services as the Bank thinks fit and appropriate which shall include but not limited to Card processing or collection of all sums due and subject to Clause 18, the Bank shall be entitled in its absolute discretion to disclose to such agent(s) all relevant information pertaining to the Card to facilitate the services rendered by such agent(s) favouring the Bank. The Bank will give seven (7) days prior notice to the Account Holder if a third party debt collection agency is appointed to collect the sums due. 14.6 The Bank is entitled to sell any non-performing loans to a third party.

Rights of the Bank. 14.1 15.1 Nothing in this Agreement shall affect the Bank's right of set-off, transfer and application of monies at law or pursuant to any other agreement from time to time subsisting between the Bank and any Person. 14.2 15.2 Any credit to be given in respect of Charges will be applied by the Bank to the applicable Card Account only after deduction of any costs (including but not limited to collection and remittance costs), if any, so incurred to the Bank for applying the credit. 14.3 15.3 The Bank is entitled (but not legally obliged):- (a) to give effect to any instruction given by any Person to effect payment of sums due under this Agreement from another account with the Bank; (b) to set-off or transfer any monies of whatever description standing in the books of the Bank to the credit of the Account Holder, whether held singly or jointly with others and whether in Ringgit Malaysia or any other currency in or towards discharge of the total amount debited to the Card Account; and (c) to set-off or transfer any monies of whatever description standing in the books of the Bank to the credit of a Cardmember, whether held singly or jointly with others and whether in Ringgit Malaysia or any other currency in or towards discharge of the total amount of Charges in the Card Account attributable to his/her own use of a Card. For the purpose of set-off of funds in any currency other than Ringgit Malaysia, the Bank may convert the currency into Ringgit Malaysia at the prevailing exchange rate determined by the Bank at the time of conversion. If the Bank exercises its rights under this Clause 14.3(b15.3(b) and 14.3(c15.3(c), it shall give seven (7) days prior notice to the Account Holder or, as the case may be, the Cardmember to which such exercise of rights relates. 14.4 The Bank is entitled to check the Account Holder’s and/or the Cardmember’s credit standing at any time as and when it deems fit and appropriate without reference to the Account Holder and/or the Cardmember. 14.5 The Bank is entitled to appoint agent(s) for various services as the Bank thinks fit and appropriate which shall include but not limited to Card processing or collection of all sums due and subject to Clause 18, the Bank shall be entitled to disclose to such agent(s) all relevant information pertaining to the Card to facilitate the services rendered by such agent(s) favouring the Bank. The Bank will give seven (7) days prior notice to the Account Holder if a third party debt collection agency is appointed to collect the sums due. 14.6 The Bank is entitled to sell any non-performing loans to a third party.seven

Rights of the Bank. 14.1 15.1 Nothing in this Agreement shall affect the Bank's right of set-off, transfer and application of monies at law or pursuant to any other agreement from time to time subsisting between the Bank and any Person. 14.2 15.2 Any credit to be given in respect of Charges will be applied by the Bank to the applicable Card Account only after deduction of any costs (including but not limited to collection and remittance costs), if any, so incurred to the Bank for applying the credit. 14.3 15.3 The Bank is entitled (but not legally obliged):- (a) to give effect to any instruction given by any Person to effect payment of sums due under this Agreement from another account with the Bank; (b) to set-off or transfer any monies of whatever description standing in the books of the Bank to the credit of the Account Holder, whether held singly or jointly with others and whether in Ringgit Malaysia or any other currency in or towards discharge of the total amount debited to the Card Account; and (c) to set-off or transfer any monies of whatever description standing in the books of the Bank to the credit of a Cardmember, whether held singly or jointly with others and whether in Ringgit Malaysia or any other currency in or towards discharge of the total amount of Charges in the Card Account attributable to his/her own use of a Card. For the purpose of set-off of funds in any currency other than Ringgit Malaysia, the Bank may convert the currency into Ringgit Malaysia at the prevailing exchange rate determined by the Bank at the time of conversion. If the Bank exercises its rights under this Clause 14.3(b15.3(b) and 14.3(c15.3(c), it shall give seven (7) days prior notice to the Account Holder or, as the case may be, the Cardmember to which such exercise of rights relates. 14.4 15.4 The Bank is entitled to check the Account Holder’s and/or the Cardmember’s credit standing at any time as and when it deems fit and appropriate without reference to the Account Holder and/or the Cardmember. 14.5 15.5 The Bank is shall be entitled to appoint agent(s) for various services as the Bank thinks fit and appropriate which shall include but not limited to Card processing or collection of all sums due and subject to Clause 18, the Bank shall be entitled in its absolute discretion to disclose to such agent(s) all relevant information pertaining to the Card to facilitate the services rendered by such agent(s) favouring the Bank. The Bank will give seven (7) days prior notice to the Account Holder if a third party debt collection agency is appointed to collect the sums due. 14.6 The Bank is entitled to sell any non-performing loans to a third party.

Rights of the Bank. 14.1 15.1 Nothing in this Agreement shall affect the Bank's right of set-off, transfer and application of monies at law or pursuant to any other agreement from time to time subsisting between the Bank and any Person. 14.2 15.2 Any credit to be given in respect of Charges will be applied by the Bank to the applicable Card Account only after deduction of any costs (including but not limited to collection and remittance costs), if any, so incurred to the Bank for applying the credit. 14.3 15.3 The Bank is entitled (but not legally obliged):- (a) to give effect to any instruction given by any Person to effect payment of sums due under this Agreement from another account with the Bank; (b) to set-off or transfer any monies of whatever description standing in the books of the Bank to the credit of the Account Holder, whether held singly or jointly with others and whether in Ringgit Malaysia or any other currency in or towards discharge of the total amount debited to the Ringgit Malaysia Card Account; and (c) to set-off or transfer any monies of whatever description standing in the books of the Bank to the credit of a Cardmember, whether held singly or jointly with others and whether in Ringgit Malaysia or any other currency in or towards discharge of the total amount of Charges in the Ringgit Malaysia Card Account attributable to his/her own use of a Card. For the purpose of set-off of funds in any currency other than Ringgit Malaysia, the Bank may convert the currency into Ringgit Malaysia at the prevailing exchange rate determined by the Bank at the time of conversion. If the Bank exercises its rights under this Clause 14.3(b15.3(b) and 14.3(c15.3(c), it shall give seven (7) days prior notice to the Account Holder or, as the case may be, the Cardmember to which such exercise of rights relates. 14.4 15.4 The Bank is entitled to check the Account Holder’s and/or the Cardmember’s credit standing at any time as and when it deems fit and appropriate without reference to the Account Holder and/or the Cardmember. 14.5 15.5 The Bank is shall be entitled to appoint agent(s) for various services as the Bank thinks fit and appropriate which shall include but not limited to Card processing or collection of all sums due and subject to Clause 18, the Bank shall be entitled in its absolute discretion to disclose to such agent(s) all relevant information pertaining to the Card to facilitate the services rendered by such agent(s) favouring the Bank. The Bank will give seven (7) days prior notice to the Account Holder if a third party debt collection agency is appointed to collect the sums due. 14.6 The Bank is entitled to sell any non-performing loans to a third party.