Common use of Joint Liability Clause in Contracts

Joint Liability. Each person who has signed the application or applied for a card will be individually and jointly responsible for paying all amounts owed under this Agreement. This means that the Credit Union can require any one of you individually to repay the entire amount owed under this Agreement. Each of you authorizes the other(s) to make purchases or cash advances individually. Any one of you may terminate the account and the termination will be effective as to all of you.

Appears in 11 contracts

Samples: Credit Card Agreement, Credit Card Agreement, Card Agreement

AutoNDA by SimpleDocs

Joint Liability. If this is a joint account, each person on the account must sign the agreement. Each person who has signed the application or applied for a card will be individually and jointly responsible for paying all amounts owed under this Agreement. This means that the Credit Union can require any one of you individually to repay the entire amount owed under this Agreementagreement. Each of you authorizes the other(s) to make tomake purchases or cash advances cashadvances individually. Any one of you may terminate the account and the termination will be effective as to all of you.

Appears in 2 contracts

Samples: Credit Card Agreement, Credit Card Agreement

Joint Liability. Each person who has signed the application or applied for a card will be individually and jointly responsible for paying all amounts owed under this Agreement. This means that the Credit Union can require any one of you individually you, individually, to repay the entire amount owed under this Agreement. Each of you authorizes the other(s) to make purchases or cash advances individually. Any one of you may terminate the account and the termination will be effective as to all of you.

Appears in 2 contracts

Samples: Credit Card Agreement, Credit Card Agreement

Joint Liability. Each person who has signed the application or applied for a card will be individually and jointly responsible for paying all amounts owed under this Agreementagreement. This means that the Credit Union can require any one of you individually to repay the entire amount owed under this Agreementagreement. Each of you authorizes the other(s) to make purchases or cash advances individually. Any one of you may terminate the account and the termination will be effective as to all of you. 16.

Appears in 1 contract

Samples: Credit Card Agreement

AutoNDA by SimpleDocs

Joint Liability. Each person who has signed the application or applied for a card will be individually and jointly responsible for paying all amounts owed under this Agreement. This means that the Credit Union can require any one of you individually individu - ally to repay the entire amount owed under this Agreement. Each of you authorizes the other(s) to make purchases or cash advances individually. Any one of you may terminate the account and the termination will be effective as to all of you.may

Appears in 1 contract

Samples: www.massmutualfcuhb.org

Time is Money Join Law Insider Premium to draft better contracts faster.