Suspension and Cancellation of the Card Sample Clauses

Suspension and Cancellation of the Card. 8.1 Suspension or Cancellation of Card by the Bank (a) The Bank may suspend the Card (temporarily withdrawing the Cardmember’s right to use the Card) or cancel the Card (terminating the use of Card and this Agreement with Cardmember) under the Card Account at any time upon its discretion or upon the occurrence of any of the following events, with or without prior notice: i. if the Cardmember fails to perform and/or to observe any of the terms and conditions of this Agreement; ii. if the Cardmember: • operates the Card Account improperly or unsatisfactorily; • operates his or her other banking account(s) with the Bank improperly or unsatisfactorily; • operates any card facilities or banking account(s) that the Cardmember may have with any other financial institutions improperly or unsatisfactorily; • commits or threatens to commit a default of any provision of an agreement and/ or security documents (including settlement agreements) under any of the Bank or AmBank Group’s products/services or in relation to other accounts or financing facilities granted by the Bank or under AmBank Group or any other financial institutions to the Cardmember (or to other party in which the Cardmember is a guarantor or chargor or assignor). iii. if the Cardmember fails to pay any outstanding debts or any other indebtedness owed to the Bank or under AmBank Group under any of its products/services or in relation to other accounts or financing facilities whenever due; iv. if the Cardmember becomes insolvent or commits an act of bankruptcy; v. if any legal order or judgment is issued by any courts of law or judicial bodies on or against the Cardmember pursuant to any legal action or proceedings, including and not limited to applications for any form of execution under any claims or for any form of relief under any legal or equitable remedies (whether on temporary basis or otherwise); vi. if an event has occurred or a situation exists which could prejudice the Cardmember’s ability to perform his or her obligations under this Agreement or prejudice the repayment of the outstanding amount or the Minimum Payment Due payable to the Bank under the Card Account; vii. in the event of the Cardmember’s death; and/or viii. if the Card or PIN has been used for unlawful activity. (b) In furtherance to Clause 8.1 (a) above, any suspension or cancellation of the Card by the Bank: i. if notified or subsequently informed to the Cardmember, shall not require or obligate the Bank to assign any reaso...
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Suspension and Cancellation of the Card 
Sample 1

Related to Suspension and Cancellation of the Card

  • Reservation and Cancellation Procedure A. Unless otherwise set forth, Attendees will make their own reservations for sleeping rooms. B. When an Attendee guarantees a sleeping room reservation by credit card, the Contractor shall not xxxx the Attendee’s card until after check-out, except in the event of cancellation or no-show, as further addressed below. C. When an Attendee makes a deposit on a sleeping room reservation, the Contractor shall (i) make a full refund of the deposit to that Attendee, if the Attendee cancels the reservation at least twenty-four (24) hours in advance of the 3:00 p.m. check- in time for the date the Attendee was scheduled to arrive (“Reservation Period”);

  • TERM AND CANCELLATION 22.1 Notwithstanding the date of signature hereof, the Commencement Date of this Agreement is ………… and the duration shall be for a three [3] year period, expiring on , unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 22.2 Notwithstanding clause 23 [Breach and Consequence of Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

  • RIGHTS ON CANCELLATION 21.1 If this Agreement or Purchase Order is cancelled in whole or in part in terms of clause 20 [Total or Partial Failure to Perform], Transnet may execute or complete this Agreement with any other entity and do so on such terms as it may deem proper, or may procure other comparable Goods/Services in substitution for those neglected to be manufactured or supplied or rejected as aforesaid, and may recover from the Supplier the difference between the cost of such Goods/Services and the Price [if the latter was lower] as well as any costs and expenses [including any additional transport costs] which Transnet may have had to incur in consequence of the Supplier’s/Service Provider’s default. 21.2 Any amount which may be recoverable from the Supplier/Service Provider in terms of clause 21.1 above, without prejudice to any other legal remedies available to Transnet, may be deducted in whole or in part from any monies in the hands of Transnet and due for payment to the Supplier/Service Provider.

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