Common use of The Account Clause in Contracts

The Account. a. We will debit to the Settlement Account all Transactions made by the employees under the program or transfer all debits to the Settlement Account on each Statement date. b. When We authorize the Transaction at a Service Establishment We assume the Transaction will take place and We will reduce the amount of credit available to the Cardmember and to the Company. c. We may refuse to approve any Transaction including Cash Withdrawals without giving any notice or reason to the Cardmember or the Company If We become aware of suspicious, fraudulent Transactions attempted on the Card, We may block the Card to safeguard the interest of the Cardmember as well as Ours.

The Account. a. We will debit to the Settlement Account all Transactions made by the employees Cardmember under the program or transfer all debits to the Settlement Account on each Statement date. b. When We authorize the Transaction at a Service Establishment We assume the Transaction will take place and We will reduce the amount of credit available to the Cardmember and to the Company. c. We may refuse to approve any Transaction including Cash Withdrawals without giving any notice or reason to the Cardmember or the Company Company d. If We become aware of suspicious, fraudulent Transactions attempted on the Card, We may block the Card to safeguard the interest of the Cardmember as well as Ours.