Common use of CHARGES RESULTING IN OVERDRAWN ACCOUNT Clause in Contracts

CHARGES RESULTING IN OVERDRAWN ACCOUNT. We shall be entitled to debit your Designated Account in respect of any sum owed by you to us (whether incurred as Card Transactions, fees, charges or otherwise) even if your Designated Account would be overdrawn as a consequence. Where your Designated Account is overdrawn as a consequence to the foregoing, interest, fees and/or other costs will be incurred on the overdrawn amount in accordance with the terms and conditions governing the Designated Account.

Appears in 10 contracts

Samples: Debit Cardmembers Agreement, Ocbc Debit Cardmembers Agreement, Ocbc Debit Cardmembers Agreement

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