Common use of Termination of Card Services Clause in Contracts

Termination of Card Services. 13.01 The Bank may at any time at its absolute discretion cancel the Card and terminate the Card Account upon giving not less than thirty (30) days’ prior notice to the Cardholder (or upon Cardholder request a longer period of notice where it is practicable to do so). The Bank shall not be liable in respect of any consequences whatsoever relating to or arising out of such cancellation and termination. 13.02 The Cardholder agrees unconditionally and without reservation to surrender and return the Card to the Bank immediately upon request by the Bank. The Cardholder may terminate the Card Account at any time by notice in writing to the Bank and return to the Bank all Cards issued under the Card Account. 13.03 If, for any reason, the Cardholder fails to comply with these terms and conditions or is in breach of any applicable laws or regulations, the Bank reserves the absolute right to withdraw, with or without cause, the Card and/or any of the services or programs thereby offered at any time in conjunction with the Card without prior notice, and/or to terminate Use of the Card by the Cardholder and the Card Account. The Bank may then commence legal action against the Cardholder to recover the Charges and all outstanding sums due under the Card Account. No failure by the Bank to exercise, nor any delay by the Bank in exercising any right or remedy shall operate as waiver thereof. 13.04 The Bank may cancel the Card which is not yet activated by Cardholder and terminate the Card Account upon giving no less than thirty (30) days’ prior notice of termination. 13.05 The Bank may cancel or suspend any Supplementary Card at any time at the written request of either the Principal Cardholder or the Supplementary Cardholder accompanied by the return to the Bank of the Supplementary Card to be cancelled. For the avoidance of doubt, cancellation as aforesaid shall be without prejudice to any liability incurred prior to cancellation and return of such Supplementary Card. 13.06 The Bank shall refund any credit balance in a Card Account to the Cardholder within seven

Termination of Card Services. 13.01 The Bank may at any time at its absolute discretion cancel the Card and terminate the Card Account upon by giving not less than thirty (30) days’ reasonable prior notice to the Cardholder (or upon Cardholder request a longer period of notice where it is practicable to do so)Cardholder. The Bank shall not be liable in respect of any consequences whatsoever relating to or arising out of such cancellation and termination. 13.02 The Cardholder agrees unconditionally and without reservation to surrender and return the Card to the Bank immediately upon request by the Bank. The Cardholder may terminate the Card Account at any time by notice in writing to the Bank and return to the Bank all Cards issued under the Card Account. 13.03 If, for any reason, the Cardholder fails to comply with these terms and conditions or is in breach of any applicable laws or regulations, the Bank reserves the absolute right to withdraw, with or without cause, the Card and/or any of the services or programs thereby offered at any time in conjunction with the Card without prior notice, and/or to terminate Use of the Card by the Cardholder and the Card Account. The Bank may then commence legal action against the Cardholder to recover the Charges and all outstanding sums due under the Card Account. No failure by the Bank to exercise, nor any delay by the Bank in exercising any right or remedy shall operate as waiver thereof. 13.04 The Bank may cancel the Card which is not yet activated by Cardholder and terminate the Card Account upon giving no less than thirty (30) days’ prior notice of termination. 13.05 The Bank may cancel or suspend any Supplementary Card at any time at the written request of either the Principal Cardholder or the Supplementary Cardholder accompanied by the return to the Bank of the Supplementary Card to be cancelled. For the avoidance of doubt, cancellation as aforesaid shall be without prejudice to any liability incurred prior to cancellation and return of such Supplementary Card. 13.06 13.05 The Bank shall refund any credit balance in a Card Account to the Cardholder within sevenseven (7) Business Days from the date of receipt of the Cardholder's request in accordance with the Cardholder's instruction.

Termination of Card Services. 13.01 The Bank may at any time at its absolute discretion cancel the Card and terminate the Card Account upon giving not less than thirty (30) days’ prior notice to the Cardholder (or upon Cardholder request a longer period of notice where it is practicable to do so). The Bank shall not be liable in respect of any consequences whatsoever relating to or arising out of such cancellation and termination. 13.02 The Cardholder agrees unconditionally and without reservation to surrender and return the Card to the Bank immediately upon request by the Bank. The Cardholder may terminate the Card Account at any time by notice in writing to the Bank and return to the Bank all Cards issued under the Card Account. 13.03 If, for any reason, the Cardholder fails to comply with these terms and conditions or is in breach of any applicable laws or regulations, the Bank reserves the absolute right to withdraw, with or without cause, the Card and/or any of the services or programs thereby offered at any time in conjunction with the Card without prior notice, and/or to terminate Use of the Card by the Cardholder and the Card Account. The Bank may then commence legal action against the Cardholder to recover the Charges and all outstanding sums due under the Card Account. No failure by the Bank to exercise, nor any delay by the Bank in exercising any right or remedy shall operate as waiver thereof. 13.04 The Bank may cancel the Card which is not yet activated by Cardholder and terminate the Card Account upon giving no less than thirty (30) days’ prior notice of termination. 13.05 The Bank may cancel or suspend any Supplementary Card at any time at the written request of either the Principal Cardholder or the Supplementary Cardholder accompanied by the return to the Bank of the Supplementary Card to be cancelled. For the avoidance of doubt, cancellation as aforesaid shall be without prejudice to any liability incurred prior to cancellation and return of such Supplementary Card. 13.06 The Bank shall refund any credit balance in a Card Account to the Cardholder within sevenseven (7) Business Days from the date of receipt of the Cardholder's request in accordance with the Cardholder's instruction.