Common use of TERMINATION OF USE OF CARD AND CARD ACCOUNT Clause in Contracts

TERMINATION OF USE OF CARD AND CARD ACCOUNT. 8.1 DBS may suspend or terminate the Card, Card Account(s) or the Cardholder’s or Cardmember’s usage of Electronic Services at any time without having to give any reasons or notice. Upon termination, the Cardholder or Cardmember will not use or attempt to use the PIN and/or Card. Any such use shall be fraudulent. If the use of the Card is terminated by DBS for any reason, the Cardholder or Cardmember must return the Card to DBS cut in half. There will be no refund of any fees payable upon the termination of the Card for any reason. 8.2 The Cardmember (or if acceptable to DBS, the Cardholder) may terminate the Card, Card Account(s) or their use of Electronic Services at any time by giving DBS written notice. 8.3 Upon termination of the Card, the Cardmember or Cardholder shall return the Card, cut in half, to DBS. Upon termination, the Cardholder or Cardmember will not use or attempt to use the PIN and/ or the Card. Any such use shall be fraudulent. 8.4 Upon the termination of the Cardmember’s Card Account(s) for whatever reason, the Cardholder or Cardmember shall not continue to use their Card(s). 8.5 The Cardholder’s or Cardmember’s obligations under this Agreement will continue and DBS shall remain entitled to debit the Card Account or any other Account(s) the Cardmember maintains with DBS, with overdraft charges and/ or card transactions that are carried out before or after the termination of the Card and/or Card Account. Until such transactions and any overdraft charges that may be imposed are paid in full, the Cardholder or Cardmember (and anyother person, if any, in whose name the Card Account is maintained) shall remain liable to DBS.

Appears in 6 contracts

Sources: DBS Commercial Debit Card Agreement, DBS Business Advance Card Agreement, DBS Business Advance Card Agreement

TERMINATION OF USE OF CARD AND CARD ACCOUNT. 8.1 DBS 11.1 Either the Firm and/or the Cardmember may terminate the use of the Card by giving notice in writing to the Bank. Such termination shall only be effective on receipt by the Bank of the Card cut in half and payment of the Total Indebtedness. 11.2 The Bank may at any time without prior notice or reason refuse to reissue, renew or replace any Card. The Bank may at any time with reasonable notice to the Firm or the Cardmember suspend or terminate the Card, use of any Card Account(s) or except that the Cardholder’s or Cardmember’s usage of Electronic Services Bank shall at any time without having notice or reason be entitled to give any reasons suspend or noticeterminate the use of the Card pursuant to an order of court or if the Card has been improperly used or in breach of the terms and conditions herein or is being or suspected to be used for criminal activity or for illegal purposes. The Firm or the Cardmember shall immediately on the Bank’s request return the Card cut in half to the Bank. Upon termination, the Cardholder Total Indebtedness shall become immediately due and payable without demand in the manner provided in Clause 4. 11.3 In the event of the Firm and/or Cardmember failing to perform or being in breach of any of the terms herein or in the event of the Cardmember's death or insolvency or the committing of an act of bankruptcy and in the case of the Firm any insolvency, winding up, appointment of receiver or liquidator or the bankruptcy of any of the Partners (in the case of a LLP), the full amount payable to the Bank as agreed hereunder shall become due and payable forthwith. 11.4 In the event that the use of a Card is terminated either by the Firm, the Cardmember will or the Bank, the Bank shall not use be liable to refund any fee or attempt any part thereof. The Firm shall continue to use be liable for all Card Transactions carried out but not reflected in the PIN Card Account Statement as at the date of the termination. 11.5 The Firm and/or Card. Any such use shall be fraudulent. If the Cardmember acknowledges that the termination of the use of the Card is terminated Card, whether by DBS for any reasonthe Bank, the Cardholder Firm or Cardmember must return the Card Cardmember, shall not affect these Terms and Conditions which shall continue to DBS cut subsist with full force and effect with respect to all charges and fees which may have accrued and which may accrue in half. There will be no refund the future in accordance with the terms herein and in relation to the use of any fees payable upon the termination of the Card for any reasonand all Cards. 8.2 The Cardmember (or if acceptable to DBS, the Cardholder) may terminate the Card, Card Account(s) or their use of Electronic Services at any time by giving DBS written notice. 8.3 Upon termination of the Card, the Cardmember or Cardholder shall return the Card, cut in half, to DBS. Upon termination, the Cardholder or Cardmember will not use or attempt to use the PIN and/ or the Card. Any such use shall be fraudulent. 8.4 Upon the termination of the Cardmember’s Card Account(s) for whatever reason, the Cardholder or Cardmember shall not continue to use their Card(s). 8.5 The Cardholder’s or Cardmember’s obligations under this Agreement will continue and DBS shall remain entitled to debit the Card Account or any other Account(s) the Cardmember maintains with DBS, with overdraft charges and/ or card transactions that are carried out before or after the termination of the Card and/or Card Account. Until such transactions and any overdraft charges that may be imposed are paid in full, the Cardholder or Cardmember (and anyother person, if any, in whose name the Card Account is maintained) shall remain liable to DBS.

Appears in 1 contract

Sources: Maybank Business Platinum Mastercard Agreement

TERMINATION OF USE OF CARD AND CARD ACCOUNT. 8.1 DBS 11.1 Either the Firm and/or the Cardmember may terminate the use of the Card by giving notice in writing to the Bank. Such termination shall only be effective on receipt by the Bank of the Card cut in half and payment of the Total Indebtedness. 11.2 The Bank may at any time without prior notice or reason refuse to reissue, renew or replace any Card. The Bank may at any time with reasonable notice to the Firm or the Cardmember suspend or terminate the Card, use of any Card Account(s) or except that the Cardholder’s or Cardmember’s usage of Electronic Services Bank shall at any time without having notice or reason be entitled to give any reasons suspend or noticeterminate the use of the Card pursuant to an order of court or if the Card has been improperly used or in breach of the terms and conditions herein or is being or suspected to be used for criminal activity or for illegal purposes. The Firm or the Cardmember shall immediately on the Bank’s request return the Card cut in half to the Bank. Upon termination, the Cardholder Total Indebtedness shall become immediately due and payable without demand in the manner provided in Clause 4. 11.3 In the event of the Firm and/or Cardmember failing to perform or being in breach of any of the terms herein or in the event of the Cardmember’s death or insolvency or the committing of an act of bankruptcy and, in the case of the Firm, any insolvency, winding up, appointment of receiver or liquidator or the bankruptcy of any of the Partners (in the case of a LLP), the full amount payable to the Bank as agreed hereunder shall become due and payable forthwith. 11.4 In the event that the use of a Card is terminated either by the Firm, the Cardmember will or the Bank, the Bank shall not use be liable to refund any fee or attempt any part thereof. The Firm shall continue to use be liable for all Card Transactions carried out but not reflected in the PIN Card Account Statement as at the date of the termination. 11.5 The Firm and/or Card. Any such use shall be fraudulent. If the Cardmember acknowledges that the termination of the use of the Card is terminated Card, whether by DBS for any reasonthe Bank, the Cardholder Firm or Cardmember must return the Card Cardmember, shall not affect these Terms and Conditions which shall continue to DBS cut subsist with full force and effect with respect to all charges and fees which may have accrued and which may accrue in half. There will be no refund the future in accordance with the terms herein and in relation to the use of any fees payable upon the termination of the Card for any reasonand all Cards. 8.2 The Cardmember (or if acceptable to DBS, the Cardholder) may terminate the Card, Card Account(s) or their use of Electronic Services at any time by giving DBS written notice. 8.3 Upon termination of the Card, the Cardmember or Cardholder shall return the Card, cut in half, to DBS. Upon termination, the Cardholder or Cardmember will not use or attempt to use the PIN and/ or the Card. Any such use shall be fraudulent. 8.4 Upon the termination of the Cardmember’s Card Account(s) for whatever reason, the Cardholder or Cardmember shall not continue to use their Card(s). 8.5 The Cardholder’s or Cardmember’s obligations under this Agreement will continue and DBS shall remain entitled to debit the Card Account or any other Account(s) the Cardmember maintains with DBS, with overdraft charges and/ or card transactions that are carried out before or after the termination of the Card and/or Card Account. Until such transactions and any overdraft charges that may be imposed are paid in full, the Cardholder or Cardmember (and anyother person, if any, in whose name the Card Account is maintained) shall remain liable to DBS.

Appears in 1 contract

Sources: Credit Card Agreement

TERMINATION OF USE OF CARD AND CARD ACCOUNT. 8.1 DBS may suspend or terminate the Card, Card Account(s) or the Cardholder’s or Cardmember’s usage of Electronic Services at any time without having to give any reasons or notice. Upon termination, the Cardholder or Cardmember will not use or attempt to use the PIN and/or Card. Any such use shall be fraudulent. If the use of the Card is terminated by DBS for any reason, the Cardholder or Cardmember must return the Card to DBS cut in half. There will be no refund of any fees payable upon the termination of the Card for any reason. 8.2 The Cardmember (or if acceptable to DBS, the Cardholder) may terminate mayterminate the Card, Card Account(s) or their use of Electronic Services at any time by giving DBS written notice. 8.3 Upon termination of the Card, the Cardmember or Cardholder shall return the Card, cut in half, to DBS. Upon termination, the Cardholder or Cardmember will not use or attempt to use the PIN and/ or the Card. Any such use shall be fraudulent. 8.4 Upon the termination of the Cardmember’s Card Account(s) for whatever reason, the Cardholder or Cardmember shall not continue to use their Card(s). 8.5 The Cardholder’s or Cardmember’s obligations under this Agreement will continue and DBS shall remain entitled to debit the Card Account or any other Account(s) the Cardmember maintains with DBS, with overdraft charges and/ or card transactions that are carried out before or after the termination of the Card and/or Card Account. Until such transactions and any overdraft charges that may be imposed are paid in full, the Cardholder or Cardmember (and anyother person, if any, in whose name the Card Account is maintained) shall remain liable to DBS.

Appears in 1 contract

Sources: DBS Business Advance Card Agreement