Common use of ACTIONS WE MAY TAKE Clause in Contracts

ACTIONS WE MAY TAKE. 45.1. If an Event of Default occurs, we are entitled, but not obliged, to take all or any of the following actions without prior notice to you: (a) immediately require payment of any amount owed to us, regardless of due date; (b) terminate the Agreements; (c) close all or any of your Transactions; (d) suspend or close your CAPAY Account(s); (e) refuse your Instructions to establish new Transactions; (f) convert any ledger balances to Australian dollars; (g) impose restrictions to your CAPAY Account or Transaction(s); (h) limit or withdraw the credit on your CAPAY Account; (i) call on any guarantee in respect of your obligations; (j) require you immediately to settle any Transactions in such a manner as we request; (k) combine, close or consolidate any of your CAPAY Accounts and offset any amounts owed to, or by, us in such manner as we may in our absolute discretion determine; or (l) retain any amount owed by us to you against any contingent liability of yours to us or so long as the contingency subsists. 45.2. If we take any of the above action(s), we will not incur any liability to you for Losses that you may suffer or incur as a result.

ACTIONS WE MAY TAKE. 45.143.1. If an Event of Default occurs, we are entitled, but not obliged, to take all or any of the following actions without prior notice to you: (a) immediately require payment of any amount owed to us, regardless of due date; (b) terminate the Agreements; (c) close all or any of your Transactions; (d) suspend or close your CAPAY Account(s); (e) refuse your Instructions to establish new Transactions; (f) convert any ledger balances to Australian dollars; (g) impose restrictions to your CAPAY Account or Transaction(s); (h) limit or withdraw the credit on your CAPAY Account; (i) call on any guarantee in respect of your obligations; (j) require you immediately to settle any Transactions in such a manner as we request; (k) combine, close or consolidate any of your CAPAY Accounts and offset any amounts owed to, or by, us in such manner as we may in our absolute discretion determine; or (l) retain any amount owed by us to you against any contingent liability of yours to us or so long as the contingency subsists. 45.243.2. If we take any of the above action(s), we will not incur any liability to you for youfor Losses that you may suffer or incur as a result.