The Bank will establish a MasterCard Sample Clauses

The Bank will establish a MasterCard. ®* account for the Member (the “Member Account”) under the Bank’s Corporate MasterCard program with the Association as indicated in Schedule 1 with the initial credit limit of U.S. $ (the credit limit of the Member Account in effect at any time is herein called the “Member Credit Limit”). The Bank shall lend money to the Member and its Cardholders (as defined below) up to the Member Credit Limit by way of charges to the Member Account in accordance with this Agreement. The Bank reserves the right, in its sole discretion, to modify the Member Credit Limit and the Cardholder Credit Limits at any time. The Member agrees that the Member Account is to be used for business purposes, and not for personal, family, or household purposes (non-business purposes). Member will notify its Cardholders of the prohibition against use for non-business purposes when the Card is issued and periodically thereafter during the term of this Agreement. Member agrees that regardless of the purposes for which the Member Account is used to make purchases, all such transactions, interest, fees and related charges shall be paid to the Bank by the Member in accordance with the terms of this Agreement.
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Related to The Bank will establish a MasterCard

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