Common use of Suspension, Cancellation and Termination Clause in Contracts

Suspension, Cancellation and Termination. Clause 4 (a) The Card is and will be, at all times, the property of the Bank and shall be surrendered to the Bank immediately upon request by the Bank or its duly authorised agent. The Bank reserves the right to withdraw or suspend at its absolute discretion, the Card and/or any of the services thereby offered at any time (as it in its absolute discretion deems fit) and in such circumstances if it so deems fit to terminate use of the Card by the Cardholder It is further agreed that the Bank is under no obligation whatsoever to reveal the reason for the termination of use of the Card.

Suspension, Cancellation and Termination. Clause 4 (a) The Card is and will be, at all times, the property of the Bank and shall be surrendered to the Bank immediately upon request by the Bank or its duly authorised agent. The Bank reserves the right to withdraw or suspend at its absolute discretion, the Card and/or any of the services thereby offered at any time (as it in its absolute discretion deems fit) and in such circumstances if it so deems fit to terminate use of the Card by the Cardholder with written notice to the Cardholder. It is further agreed that the Bank is under no obligation whatsoever to reveal the reason for the termination of use of the Card.