Common use of Account Closure Clause in Contracts

Account Closure. You or anyone jointly liable for the Account may terminate the Account at any time by notifying us orally or in writing. However, this will not relieve you or any of the other joint owners from liability for the repayment of any obligations arising from the use of the Account. In addition, recurring charges from a third party vendor/merchant will be charged to your account, even though you have requested cancellation from PenFed. You must cancel the recurring charge with the third party vendor/merchant. Upon receipt of your notice, we may close your Account or suspend your account privileges at any time without prior notice. You must return all of the Cards to us upon request.

Appears in 11 contracts

Samples: Cardholder Agreement, Cardholder Agreement, Penfed Power Cash Rewards

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Account Closure. You or anyone jointly liable for the Account may terminate the Account at any time by notifying us orally or in writing. However, this will not relieve you or any of the other joint owners from liability for the repayment of any obligations arising from the use of the Account. In addition, recurring charges from a third party vendor/merchant will be charged to your account, even though you have requested cancellation can- cellation from PenFed. You must cancel the recurring charge with the third party vendor/merchant. Upon receipt of your noticeno- xxxx, we may close your Account or suspend your account privileges privi- leges at any time without prior notice. You must return all of the Cards to us upon request.

Appears in 3 contracts

Samples: Cardholder Agreement, Motley Fool, Cardholder Agreement

Account Closure. You or anyone jointly liable for the Account may terminate the Account at any time by notifying noti- fying us orally or in writing. However, this will not relieve you or any of the other joint owners from liability for the repayment repay- ment of any obligations arising from the use of the Account. In addition, recurring charges from a third party vendor/vendor/ merchant will be charged to your account, even though you have requested cancellation from PenFed. You must cancel the recurring charge with the third party vendor/merchant. Upon receipt of your notice, we may close your Account or suspend your account privileges at any time without prior notice. You must return all of the Cards to us upon request.

Appears in 1 contract

Samples: Motley Fool

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Account Closure. You or anyone jointly liable for the Account may terminate the Account at any time by notifying us orally or in writing. However, this will not relieve you or any of the other joint owners from liability for the repayment of any obligations arising from the use of the Account. In addition, recurring charges from a third party vendor/vendor/ merchant will be charged to your account, even though you have requested cancellation from PenFed. You must cancel the recurring charge with the third party vendor/merchant. Upon receipt of your notice, we may close your Account or suspend your account privileges at any time without prior notice. You must return all of the Cards to us upon request.

Appears in 1 contract

Samples: Cardholder Agreement

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