TERMINATION OF CARD ACCOUNT. 10.1 Your option to terminate (a) You may terminate your card account if you:- (i) give us notice of termination; and (ii) return to us the card cut in half; and (iii) pay us the current balance in full (including the amount of any card transaction which you have carried out but which has not been debited to your card account before we receive your card), provided that such termination will only take effect after our receipt of the card, and full payment of the current balance including any Collected Amount, interest, charges and fees due or funds required to be made by Law or Regulation. (b) The business member may terminate your card account, at any time, in accordance with the provisions of clause 10.1(a)(i) - (iii), but the business member’s obligations under this agreement will continue notwithstanding such termination of the card account. 10.2 Our right of termination (a) you must immediately return to us the card cut in half; and (b) the business member must pay the current balance in full (including such card transaction which you have carried out but which has not been debited to your card account before we receive your card).
Appears in 17 contracts
Samples: Citi Travel Account Card Cardmember’s Agreement, Citi Purchasing Card Cardmember’s Agreement, Citi Corporate Card (Sole Corporate Liability) Cardmember’s Agreement
