JOINT APPLICANT LIABILITY. If more than one person is listed on the Account, each of you shall be jointly and individually liable to us for all charges made to the Account, including applicable fees. In addition, you agree that each of you designates the other as agent for the purpose of making purchases extended under this Agreement and each use of your Account shall be an extension of credit to all. Notice to one of you shall constitute notice to all. Any Card holder may close the Account at any time by notifying us in writing. However, removal from the Account does not release you from liability already occurred.
Appears in 6 contracts
Sources: Credit Card Agreement, Credit Card Agreement, Credit Card Agreement
JOINT APPLICANT LIABILITY. If more than one person is listed on the Account, each of you shall be jointly and individually liable to us for all charges made to the Account, including applicable fees. In addition, you agree that each of you designates the other as agent for the purpose of making purchases extended Advances under this Agreement and each use of your Account shall be an extension of credit to all. Notice to one of you shall constitute notice to all. Any Card holder borrower may close the Account at any time by notifying us in writing. However, removal from the Account does not release you from liability already occurred.
Appears in 1 contract
Sources: Revolving Line of Credit Agreement