Common use of The Account Clause in Contracts

The Account. 1. AEME is fully authorized to manage and operate the Card Account and to debit all Charges, Transactions made on the Card, fees and other amounts for all of which the Company shall be liable. The Company irrevocably undertakes and promises to pay to AEME all Charges and amounts debited to or outstanding on the Card Account whether or not a record of the Charge or Transaction has been issued and or signed at the Service Establishment. 2. Except for what is provided under Clauses 9 and 14 of this Agreement, the Cardmember and the Company acknowledge and agree that all Charges debited at any time by AEME to the Card Account are true and accurate. The Cardmember and the Company also acknowledge that all records and data maintained by AEME on microfilm or in any printed or electronic form in connection with the Transactions, Charges, Card or Card Account are true, accurate and complete and may be used in any court of law as conclusive evidence which may not be disputed or challenged in any manner. 3. AEME may, at its ultimate discretion, refuse any request for authorization and may decline any Transaction including Cash Withdrawals regardless of the reason and without giving any notice to the Cardmember. Also, AEME may not be liable to provide or process authorization for any Transaction due to technical failures or any other reason of similar nature. In both circumstances and in any other similar situation, AEME is not liable whether directly or indirectly for any damages of any nature including monetary, liquidated, punitive or consequential damages which the Cardmember or the Company may sustain as a result of any unsuccessful, uncompleted or declined Transaction. 4. The Company promises to pay AEME for debits made on the Cardmember's Account for purchases and all other amounts owed to AEME under the Terms and Conditions of this Agreement. 5. If the Card Account is on direct debit with the Cardmember's bank or the Company's bank, the bank will also receive a monthly summary of Charges and will use the summary to directly debit the Cardmember account. The Company remains liable as in Clause 2(7) above.

Appears in 5 contracts

Samples: Corporate Card Agreement, Corporate Card Cardmember Agreement, Corporate Card Cardmember Agreement

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The Account. 1. AEME is fully authorized to manage and operate the Card Account and to debit all Charges, Transactions made on the Card, fees and other amounts for all of which the Company Cardmember shall be liable. The Company Cardmember irrevocably undertakes and promises to pay to AEME all Charges and amounts debited to or outstanding on the Card Account whether or not a record of the Charge or Transaction has been issued and or signed at the Service Establishment. 2. Except for what is provided under Clauses 9 and 14 of this Agreement, the Cardmember acknowledges and the Company acknowledge and agree agrees that all Charges debited at any time by AEME to the his or her Card Account are true and accurate. The Cardmember and the Company also acknowledge acknowledges that all records and data maintained by AEME on microfilm or in any printed or electronic form in connection with the Transactions, Charges, Card or Card Account are true, accurate and complete and may be used in any court of law as conclusive evidence which may not be disputed or challenged in any manner. 3. AEME may, at its ultimate discretion, refuse any request for authorization and may decline any Transaction including Cash Withdrawals regardless of the reason and without giving any notice to the Cardmember. Also, AEME may not be liable to provide or process authorization for any Transaction due to technical failures or any other reason of similar nature. In both circumstances and in any other similar situation, AEME is not liable whether directly or indirectly for any damages of any nature including monetary, liquidated, punitive or consequential damages which the Cardmember or the Company may sustain as a result of any unsuccessful, uncompleted or declined Transaction. 4. The Company Cardmember promises to pay AEME for debits made on the Cardmember's ’s Account for purchases and all other amounts owed to AEME under the Terms and Conditions of this Agreement. 5. If the Card Account is on direct debit with the Cardmember's bank or the Company's ’s bank, the bank will also receive a monthly summary of Charges and will use the summary to directly debit the Cardmember account. The Company Cardmember remains liable as in Clause 2(7) above.

Appears in 5 contracts

Samples: Cardmember Agreement, Cardmember Agreement, Corporate Card Agreement

The Account. 1. AEME is fully authorized to manage and operate the Card Account and to debit all Charges, Transactions made on the Card, fees and other amounts for all of which the Company Cardmember shall be liable. The Company Cardmember irrevocably undertakes and promises to pay to AEME all Charges and amounts debited to or outstanding on the Card Account whether or not a record of the Charge or Transaction has been issued and or signed at the Service Establishment. 2. Except for what is provided under Clauses 9 and 14 of this Agreement, the Cardmember acknowledges and the Company acknowledge and agree agrees that all Charges debited at any time by AEME to the his or her Card Account are true and accurate. The Cardmember and the Company also acknowledge acknowledges that all records and data maintained by AEME on microfilm or in any printed or electronic form in connection with the Transactions, Charges, Card or Card Account are true, accurate and complete and may be used in any court of law as conclusive evidence which may not be disputed or challenged in any manner. 3. AEME may, at its ultimate discretion, refuse any request for authorization and may decline any Transaction including Cash Withdrawals regardless of the reason and without giving any notice to the Cardmember. Also, AEME may not be liable to provide or process authorization for any Transaction due to technical failures or any other reason of similar nature. In both circumstances and in any other similar situation, AEME is not liable whether directly or indirectly for any damages of any nature including monetary, liquidated, punitive or consequential damages which the Cardmember or the Company may sustain as a result of any unsuccessful, uncompleted or declined Transaction. 4. The Company Cardmember promises to pay AEME for debits made on the Cardmember's Account for purchases and all other amounts owed to AEME under the Terms and Conditions of this Agreement. 5. If the Card Account is on direct debit with the Cardmember's bank or the Company's bank, the bank will also receive a monthly summary of Charges and will use the summary to directly debit the Cardmember account. The Company Cardmember remains liable as in Clause 2(7) above.

Appears in 4 contracts

Samples: Corporate Card Cardmember Agreement, Corporate Card Cardmember Agreement, Cardmember Agreement

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The Account. 1. AEME is fully authorized to manage and operate the Card Account and to debit all Charges, Transactions made on the Card, fees and other amounts for all of which the Company shall be liable. The Company irrevocably undertakes and promises to pay to AEME all Charges and amounts debited to or outstanding on the Card Account whether or not a record of the Charge or Transaction has been issued and or signed at the Service Establishment. 2. Except for what is provided under Clauses 9 and 14 of this Agreement, the Cardmember and the Company acknowledge and agree that all Charges debited at any time by AEME to the Card Account are true and accurate. The Cardmember and the Company also acknowledge that all records and data maintained by AEME on microfilm or in any printed or electronic form in connection with the Transactions, Charges, Card or Card Account are true, accurate and complete and may be used in any court of law as conclusive evidence which may not be disputed or challenged in any manner. 3. AEME may, at its ultimate discretion, refuse any request for authorization and may decline any Transaction including Cash Withdrawals regardless of the reason and without giving any notice to the Cardmember. Also, AEME may not be liable to provide or process authorization for any Transaction due to technical failures or any other reason of similar nature. In both circumstances and in any other similar situation, AEME is not liable whether directly or indirectly for any damages of any nature including monetary, liquidated, punitive or consequential damages which the Cardmember or the Company may sustain as a result of any unsuccessful, uncompleted or declined Transaction. 4. The Company promises to pay AEME for debits made on the Cardmember's ’s Account for purchases and all other amounts owed to AEME under the Terms and Conditions of this Agreement. 5. If the Card Account is on direct debit with the Cardmember's ’s bank or the Company's ’s bank, the bank will also receive a monthly summary of Charges and will use the summary to directly debit the Cardmember account. The Company remains liable as in Clause 2(7) above.

Appears in 2 contracts

Samples: Corporate Card Agreement, Corporate Card Agreement

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