Common use of Our Rights If You Default Clause in Contracts

Our Rights If You Default. If any of the events listed above occurs, we may temporarily or permanently suspend any and all account and card privileges and/or we may demand immediate payment of the account balance. If immediate payment is demanded, you agree to continue paying finance charges, at the applicable interest rate, until the account balance has been paid, and any shares that were given as security for your account may be applied towards what you owe.

Appears in 1 contract

Sources: Business Credit Card Agreement

Our Rights If You Default. If any of the events listed above occurs, we may temporarily or permanently suspend any and all account Account and card privileges and/or we may demand immediate payment of the account balanceAccount Balance. If immediate payment is demanded, you agree to continue paying finance charges, at the applicable interest rateAnnual Percentage Rate, until the account balance Account Balance has been paid, and any shares that were given as security for your account Account may be applied towards what you owe.

Appears in 1 contract

Sources: Business Credit Card Agreement