Common use of Corporate Clients Clause in Contracts

Corporate Clients. 4.5.1. This term 4.5 only applies where you are a Corporate Client as notified by us to you in the Commercial Account Opening Form or otherwise in writing. As a Corporate Client you and we agree that the Terms are modified in their application to you as set out in terms 4.5.2 to 4.5.4 below. 4.5.2. Terms 3.2.3 and 3.2.6 in relation to the limitation of your liability for unauthorised payments from your Account arising from the use of lost or stolen Cards, or lost, stolen or misappropriated Security Details relating to Cards do not apply to you as a Corporate Client. 4.5.3. The refund rights in term 4.2.6 and term 4.4 do not apply to you as a Corporate Client. 4.5.4. In relation to unauthorised payments from your Account and the rights to a refund under term 4.2.3 where you notify us that a payment was not authorised, it will be your responsibility to prove to us that the payment was not authorised in order to be entitled to receive a refund.