Examples of Participating Cardholder in a sentence
Subsequent year annual fee will be auto-waived if the Primary Participating Cardholder swipe the Primary HSBC Credit Card/- iat least once in a month for consecutive 12 months.
At the time of each Participating Cardholder’s enrollment, Customer will provide to each Participating Cardholder a Bank-specified registration package containing Bank’s Cardholder Agreement, Privacy Disclosure and such other documents as Bank may specify.
Customer shall retain the completed enrollment form, together with any other documents or information required by Bank to verify the identity of the Participating Cardholder, for as long as the Participating Cardholder retains a Card and for seven (7) years thereafter.
Customer must confirm receipt of the requested Card with each Participating Cardholder before initiating any funds transfer to that Participating Cardholder’s Card.
Bank will not be responsible for any Participating Cardholder’s inability to access funds on a Card at any time when the Card’s balance is temporarily subject to reissuance and/or transfer to another card or account due to Customer no longer being authorized to use the Service or due to Participating Cardholder no longer being employed by Customer.
To each Participating Cardholder, Umpqua will issue a Visa- branded Card, per the instructions provided by the Customer in accordance herewith, through which Customer may transfer funds to the Participating Cardholder as provided herein.
Customer may also contact Bank to report a lost, stolen or destroyed Card it becomes aware of but, until the affected Participating Cardholder reports the loss, theft or destruction of his or her Card in accordance with the Cardholder Agreement, the Customer’s report will result only in the placement of a “hot card” designation on the Card in question and the transfer of the Participating Cardholder’s balance out of the lost, stolen or destroyed Card subaccount, but not the issuance of a replacement Card.
If Bank inadvertently permits a withdrawal or a transaction on the affected Card after a proper report by the affected Participating Cardholder, but prior to its termination and replacement, or fails to correct or reverse an ACH transfer properly requested by Customer, Customer is required to prove that a direct loss has been suffered by it and, if so, the amount of such loss, before Customer shall be entitled to receive a credit to its Account.
Each Card issued to a Participating Cardholder will be accompanied by a URL link to Umpqua’s website where the most recent version of the Cardholder Agreement (including, without limitation, the fee schedule) governing the Participating Cardholder’s use of the Card is available.
If Bank is unable to deliver a Card to any Participating Cardholder, Bank will notify Customer of the non-delivery and Customer shall obtain current delivery information from the Participating Cardholder and provide such current information immediately upon Customer’s receipt of it.