SUPPLEMENTARY CREDIT CARD Sample Clauses

SUPPLEMENTARY CREDIT CARD. 10.1 At the request of the Cardholder, Maybank may, at its sole and absolute discretion, issue a Supplementary Credit Card to a person nominated by the Cardholder under his/her Credit Card Account. 10.2 The Principal Cardholder will be responsible and liable for all charges incurred by his Supplementary Cardholder. The Supplementary Cardholder shall be liable for all charges incurred by him/her in an individual capacity. Further, the Cardholder shall be liable to ensure that his/her Supplementary Cardholder shall observe all terms, conditions and obligations herein set out. 10.3 At the expressed request of the Cardholder, Maybank may agree to grant the Supplementary Cardholder access to the Cardholder's Maybank Current account and/or Savings account with the expressed authority of the Cardholder who shall also specify whether the Supplementary Cardholder shall have such access through the use of the ATM. 10.4 The Supplementary Credit Card issued may be cancelled at the request of the Cardholder in writing accompanied by the Supplementary Credit Card cut in halves and returned to Maybank provided that such cancellation shall not affect the Parties' rights and entitlement, duties and obligations accrued before such cancellation.
Sample 1Sample 2Sample 3See All (38)
AutoNDA by SimpleDocs
SUPPLEMENTARY CREDIT CARD. 11.1. At the request of the Cardmember, Maybank may, at its sole and absolute discretion, issue a Supplementary Credit Card to a person nominated by the Cardmember under his/her Credit Card Account. 11.2. The Principal Cardmember and the Supplementary Cardmember shall be liable jointly and/or severally for all charges incurred by the Cardmember and/or by the Supplementary Cardmember under his/her Credit Card Account. Further, the Cardmember shall be liable to ensure that his/her Supplementary Cardmember shall observe all terms, conditions and obligations herein set out. 11.3. The Supplementary Credit Card issued may be cancelled at the request of the Cardmember in writing accompanied by the Supplementary Credit Card cut in halves and returned to Maybank provided that such cancellation shall not affect the Parties’ rights and entitlement, duties and obligations accrued before such cancellation.
Sample 1Sample 2Sample 3See All (19)
SUPPLEMENTARY CREDIT CARD. 11.1 At the request of the Cardmember, Maybank may, at its sole and absolute discretion, issue a Supplementary Credit Card to a person nominated by the Cardmember under his/her Credit Card Account. 11.2 The Principal Cardmember will be responsible and liable for all charges incurred by his Supplementary Cardmember. The Supplementary Cardmember shall be liable for all charges incurred by him/her in an individual capacity. Further, the Cardmember shall be liable to ensure that his/her Supplementary Cardmember shall observe all terms, conditions and obligations herein set out. 11.3 At the expressed request of the Cardmember, Maybank may agree to grant the Supplementary Cardmember access to the Cardmember’s Maybank Current Account and/or Savings Account with the expressed authority of the Cardmember who shall also specify whether the Supplementary Cardmember shall have such access through the use of the ATM. 11.4 The Supplementary Credit Card issued may be cancelled at the request of the Cardmember in writing accompanied by the Supplementary Credit Card cut in halves and returned to Maybank provided that such cancellation shall not affect the Parties’rights and entitlement, duties and obligations accrued before such cancellation.
Sample 1Sample 2Sample 3See All (8)
SUPPLEMENTARY CREDIT CARD. 10.1 If you are the Principal Cardmember, we may at your request and at our discretion, issue a Supplementary Credit Card to a person nominated by you. Such Supplementary Credit Card will be subsidiary to the Credit Card issued to you and all charges incurred under the Supplementary Credit Card will be charged to your Credit Card Account. 10.2 These terms and conditions will apply equally to any Supplementary Credit Card. By using a Supplementary Credit Card, the Supplementary Cardmember will be taken to have agreed to these terms and conditions as they apply to him or her. If you are the Principal Cardmember, you will be liable: (a) for all actions of your Supplementary Cardmember, and all charges (including fees, costs and Finance Charges) incurred by your Supplementary Cardmember; and (b) to ensure that your Supplementary Cardmember observes these terms and conditions (as they apply to him or her), and complies with his or her obligations. All references to “the Credit Card” in these Terms and Conditions, and to the liabilities incurred by you in relation to use of the Credit Card, shall be construed accordingly. 10.3 Notwithstanding the above, the Supplementary Cardmember will also be liable for all charges incurred by him or her in a personal capacity. 10.4 We may in our discretion, agree to any request made by you to grant a Supplementary Cardmember access to your Maybank current account or saving accounts or use of the ATM. 10.5 You may request in writing that any Supplementary Credit Card be cancelled. If you do so, the Supplementary Credit Card must at the same time be cut in half, and the cut halves returned to us. The cancellation will not, affect any of our or your accrued rights or obligations.
Sample 1Sample 2
SUPPLEMENTARY CREDIT CARD i. The Bank may issue a supplementary card upon the request of the Cardholder of the main credit card for any of the adult relatives of the Cardholder at the same terms and conditions of the main card and with a credit limit that does not exceed the Principal Credit Card’s Credit Limit. The outstanding or unsettled balances of the supplementary card shall be part and parcel of the main card. ii. The Cardholder shall be fully responsible against all the ensuing obligations of the supplementary card including any outstanding or unpaid balance.
Sample 1
SUPPLEMENTARY CREDIT CARD. 10.1 At the request of the Cardmember, Maybank may, at its sole and absolute discretion, issue a Supplementary Credit Card to a person nominated by the Cardmember under his/her Credit Card Account. 10.2 The Principal Cardmember and the Supplementary Cardmember shall be liable jointly and/or severally for all charges incurred by the 10.3 The Supplementary Credit Card issued may be cancelled at the request of the Cardmember in writing accompanied by the Supplementary Credit Card cut in halves and returned to Maybank provided that such cancellation shall not affect the Parties’ rights and entitlement, duties and obligations accrued before such cancellation.
Sample 1
SUPPLEMENTARY CREDIT CARD. 11.1 At the request of the Cardmember, Maybank may, at its sole and absolute discretion, issue a Supplementary Credit Card to a person nominated by the Cardmember under his/her Credit Card Account. 11.2 The Principal Cardmember will be responsible and liable for all charges incurred by his Supplementary Cardmember. The Supplementary Cardmember shall be liable for all charges incurred by him/her in an individual capacity. Further, the Cardmember shall be liable to ensure that his/her Supplementary Cardmember shall observe all terms, conditions and obligations herein set out.
Sample 1
AutoNDA by SimpleDocs

Related to SUPPLEMENTARY CREDIT CARD

  • Uniform Customs and Practice The Uniform Customs and Practice for Documentary Credits as published by the International Chamber of Commerce most recently at the time of issuance of any Letter of Credit shall (unless otherwise expressly provided in the Letters of Credit) apply to the Letters of Credit.

  • Uniform Customs and Practices The Issuing Lender may have the Letters of Credit be subject to The Uniform Customs and Practice for Documentary Credits, as published as of the date of issue by the International Chamber of Commerce (the "UCP"), in which case the UCP may be incorporated therein and deemed in all respects to be a part thereof.

  • Credit Cards About 60% of first-year students reported they have at least one credit card, although just 15% have two or more cards. Among those students who have credit cards, about 88% reported they pay off their balance each month and, as such, their current credit card balance is zero; however, when asked what their current credit card balance is, just 7% said it is zero. Among those with an unpaid balance, the average credit card debt students have is $1,549. Group 1 students tend to carry a higher balance on their credit cards than Group 2 and Group 3 students. None 40% 42% 45% 32% 42% One 45% 42% 42% 50% 47% Two 7% 6% 6% 8% 5% Three or more 8% 10% 7% 9% 7% Average number 1.8 2.8 1.2 2.2 1.4 Yes 88% 83% 88% 89% 88% Zero 7% 2% 14% 2% 7% $500 or less 83% 83% 79% 87% 79% $501 to $1,000 5% 7% 4% 6% 6% Over $1,000 5% 8% 4% 6% 7% Average (all with credit card) $487 $652 $352 $564 $2,208 Average (those with unpaid balance) $1,549 $1,954 $1,249 $1,648 $4,801 * Total credit card balance and payment of the balance were asked of those who had at least one credit card.

  • Credit Card If you choose to pay by credit card, you will be prompted to provide your credit card information and will be presented with a screen that reflects the amount of your subscription, the amount of fees that would be charged by the credit card issuer for the transaction and the total amount payable.

  • Letter of Credit Procedures 30 2.4.1 Issuance of Letters of Credit................................30 2.4.2 Participations in Letters of Credit..........................31 2.4.3 Reimbursement Obligations....................................31 2.4.4 Limitation on the Issuer's Obligations.......................32 2.4.5 Funding by Banks to the Issuer...............................32 2.5 Pro Rata Treatment..................................................33 2.6 Warranty............................................................33 2.7 Conditions..........................................................33 2.8 Commitments Several.................................................34 2.9 Payments by the Banks to the Agent..................................34

  • Change in Credit and Collection Policy At least thirty (30) days prior to the effectiveness of any material change in or material amendment to the Credit and Collection Policy, a copy of the Credit and Collection Policy then in effect and a notice (A) indicating such change or amendment, and (B) if such proposed change or amendment would be reasonably likely to adversely affect the collectibility of the Receivables or decrease the credit quality of any newly created Receivables, requesting the Agent's consent thereto.

  • Customs Valuation The Parties shall determine the customs value of goods traded between them in accordance with the provisions of Article VII of the GATT 1994 and the WTO Agreement on Implementation of Article VII of the GATT 1994.

  • Credit and Collection Policy The Servicer has complied in all material respects with the Credit and Collection Policy with regard to each Pool Receivable and the related Contracts.

  • Standby An employee who is required to remain available for duty on standby, outside the normal working hours for that particular employee, shall receive standby pay in the amount of $2.00 per hour for all hours on standby. Standby pay shall, however, cease where an employee is called into work under Article 15.06 above and works during the period of standby."

  • Interest Rates; LIBOR Notification The interest rate on Eurodollar Loans is determined by reference to the LIBO Rate, which is derived from the London interbank offered rate. The London interbank offered rate is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank market. In July 2017, the U.K. Financial Conduct Authority announced that, after the end of 2021, it would no longer persuade or compel contributing banks to make rate submissions to the ICE Benchmark Administration (together with any successor to the ICE Benchmark Administrator, the “IBA”) for purposes of the IBA setting the London interbank offered rate. As a result, it is possible that commencing in 2022, the London interbank offered rate may no longer be available or may no longer be deemed an appropriate reference rate upon which to determine the interest rate on Eurodollar Loans. In light of this eventuality, public and private sector industry initiatives are currently underway to identify new or alternative reference rates to be used in place of the London interbank offered rate. In the event that the London interbank offered rate is no longer available or in certain other circumstances as set forth in Section 2.14(c) of this Agreement, such Section 2.14(c) provides a mechanism for determining an alternative rate of interest. The Administrative Agent will notify the Borrower, pursuant to Section 2.14, in advance of any change to the reference rate upon which the interest rate on Eurodollar Loans is based. However, the Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission or any other matter related to the London interbank offered rate or other rates in the definition of “LIBO Rate” or with respect to any alternative or successor rate thereto, or replacement rate thereof, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement reference rate, as it may or may not be adjusted pursuant to Section 2.14(c), will be similar to, or produce the same value or economic equivalence of, the LIBO Rate or have the same volume or liquidity as did the London interbank offered rate prior to its discontinuance or unavailability.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!