Common use of Payment Instruments Clause in Contracts

Payment Instruments. 16.1 In connection with our Payment Services, we may provide you with one or more Payment Instruments. 16.2 If you want to agree on a spending limit for use of any Payment Instrument you should contact us and we may arrange this for you. 16.3 We may also impose a spending limit on a Payment Instrument by notice to you in accordance with this Agreement and your continued use of that Payment Instrument will be deemed to constitute your Agreement to such limit. 16.4 We reserve the right to block (subject to our obligations under all applicable laws, regulations and regulatory requirements) use of a Payment Instrument by you (or a Nominated User) for objectively justified reasons related to the security of the Payment Instrument, the suspicion of unauthorised or fraudulent use of the Payment Instrument or, in the case of a Payment Instrument with a credit facility, a significantly increased risk that you may be unable to fulfil your liability to pay. If we do decide to block your Payment Instrument, unless prohibited by law, regulation or regulatory requirement, we shall notify you of this, where possible, before the Payment Instrument is blocked and at the latest immediately after, by any reasonable means we may select. We will unblock your Payment Instrument if the reasons for blocking cease to exist. If you wish to apply for unblocking of your Payment Instrument please contact us. 16.5 You must keep any Payment Instrument that we provide to you in connection with the Arrangement safe in accordance with any terms and conditions from time to time stated to apply to the Payment Instrument. On becoming aware of the loss, theft, misappropriation or unauthorised use of the Payment Instrument, you must notify us in accordance with any terms and conditions from time to time stated to apply to the Payment Instrument.

Payment Instruments. 16.1 In connection with our Payment Services, we may provide you with one or more Payment Instruments. 16.2 If you want to agree on a spending limit for use of any Payment Instrument you should contact us and we may arrange this for youforyou. 16.3 We may also impose a spending limit on a Payment Instrument by notice to you in accordance with this Agreement and your continued use of that Payment Instrument will be deemed to constitute your Agreement to such limit. 16.4 We reserve the right to block (subject to our obligations under all applicable laws, regulations and regulatory requirements) use of a Payment Instrument by you (or a Nominated User) for objectively justified reasons related to the security of the Payment Instrument, the suspicion of unauthorised or fraudulent use of the Payment Instrument or, in the case of a Payment Instrument with a credit facility, a significantly increased risk that you may be unable to fulfil your liability to pay. If we do decide to block your Payment Instrument, unless prohibited by law, regulation or regulatory requirement, we shall notify you of this, where possible, before the Payment Instrument is blocked and at the latest immediately after, by any reasonable means we may select. We will unblock your Payment Instrument if the reasons for blocking cease to exist. If you wish to apply for unblocking of your Payment Instrument please contact uscontactus. 16.5 You must keep any Payment Instrument that we provide to you in connection with the Arrangement safe in accordance with any terms and conditions from time to time stated to apply to the Payment Instrument. On becoming aware of the loss, theft, misappropriation or unauthorised use of the Payment Instrument, you must notify us in accordance with any terms and conditions from time to time stated to apply to the Payment Instrument.