Common use of Responsibility to Pay Clause in Contracts

Responsibility to Pay. You agree to pay us, or any party to whom we may transfer and assign your Account, in U.S. dollars according to all terms and condition of this Agreement. Each and every time you use your Card, you represent and warrant to us that you have the ability to repay your Account obligations and that you intend to do so. We rely on this representation every time you use your Account. You agree to pay us for all purchases, Cash Advances, Interest Charges, Account Fees and charges, any other transaction charges as provided in this Agreement and, to the extent permitted under applicable law, attorneys fees and collection costs we incur enforcing this Agreement against you. In the case of more than one undersigned Holder, you agree, jointly and severally, to pay us for all purchases, Cash Advances, Interest Charges, Account Fees and charges, any other transaction charges as provided in this Agreement and, to the extent permitted under applicable law, attorneys fees and collection costs we incur enforcing this Agreement against you even if your Account is only used by one of the undersigned or is otherwise used by someone authorized by only one of you. If there is more than one Holder, each of you is responsible, jointly, severally, together, and separately, for the full amount owed to your Account. Your obligation to pay the Account balance continues even though an agreement, divorce decree, court judgment, or other document to which we are not a party may direct another person responsible to pay the Account.

Appears in 3 contracts

Sources: Commercial Credit Card Terms and Conditions, Commercial Credit Card Terms and Conditions, Commercial Credit Card Terms and Conditions