Common use of Transaction Charges and Fees Clause in Contracts

Transaction Charges and Fees. You shall pay to JN Bank all costs and expenses (including legal fees on a full indemnity basis) incurred by JN Bank in connection with: 1) Your Designated Account, this Agreement, banking services using the Card (whether imposed by other financial institutions) or transaction between you and JN Bank, as well as any other relationship, whether contractual or non-contractual, between you and JN Bank; 2) the exercise and preservation of JN Bank’s rights under any agreement; or 3) Any legal proceedings or disputes between you and a third party where JN Bank is or becomes involved. You shall on first demand indemnify JN Bank against any liability, cost or expense it incurs in respect of any payment on account of tax or any other liability to tax (not being tax on JN Bank’s overall net income) or in respect of any stamp duty, registration and similar tax incurred by JN Bank in connection with your Designated Account, agreement, or transaction using the Card or other relationship between you and JN Bank.

Transaction Charges and Fees. You shall pay to JN Bank all costs and expenses (including legal fees on a full indemnity basis) incurred by JN Bank in connection with: 1) i. Your Designated Account, this Agreement, banking services using the Card (Designated Account whether imposed by other financial institutions) institutions or transaction between you and JN Bank, as well as any other relationship, whether contractual or non-contractual, between you and JN Bank; 2) ii. the exercise and preservation of JN Bank’s rights under any agreement; or 3) iii. Any legal proceedings or disputes between you and a third party where JN Bank is or becomes involved. You shall on first demand indemnify JN Bank against any liability, cost or expense it incurs in respect of any payment on account of tax or any other liability to tax (not being tax on JN Bank’s overall net income) or in respect of any stamp duty, registration and similar tax incurred by JN Bank in connection with relating to your Designated Account, agreement, or transaction using the Card Account and any Agreement or other relationship between you and JN Bank.