RIGHT TO SET OFF AND CONSOLIDATION Sample Clauses

RIGHT TO SET OFF AND CONSOLIDATION. Maybank may set off or transfer any monies standing to the credit of the Cardmember’s account with Maybank of whatever description and wherever located towards the reduction and/or discharge of any sum due to Maybank under this Agreement without assigning reason, by giving seven (7) days prior notice on its intention to set off a credit balance.
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RIGHT TO SET OFF AND CONSOLIDATION. The Bank may set off or transfer any monies standing to the credit of the Cardmember’s account with the Bank of whatever description and wherever located towards the reduction and/or discharge of any sum due to the Bank under this Agreement without assigning reason, by giving notice Seven (7) calendar days prior to its intention to set off a credit balance.
RIGHT TO SET OFF AND CONSOLIDATION. The Bank may by written notice and/or any other form of notification to the Cardmember within seven (7) days in advance combine or consolidate all or any of the Cardmember’s accounts with the Bank to set off or transfer any monies standing to the credit of the Cardmember’s account with the Bank of whatever description and wherever located towards the reduction and/or discharge of any sum due to the Bank under this Agreement.
RIGHT TO SET OFF AND CONSOLIDATION. (a) The Cardmember agrees that the Bank may in its absolute discretion at anytime and with prior notice combine or consolidate all or any account(s) of the Cardmember including accounts maintained with the Bank and/or of the Cardmember jointly with others (whether current deposit loan or of any other nature whatsoever and in whatever currency) wheresoever situated, with any liabilities of the Cardmember under any other agreement with the Bank and set off or transfer any sum(s) standing to the credit of any one or more of such account(s), agreements or contracts in or from any other asset of the Cardmember or security held by the Bank or all subsidiaries and related companies of the Bank and the PBB Group towards satisfaction of any of the liabilities of the Cardmember due and payable to the Bank under this Agreement and all subsidiaries and related companies of the Bank and the PBB Group. Where such combination consolidation set-off or transfer requires the conversion of one currency into another, such conversion shall be calculated at the Bank’s prevailing exchange rate which shall be determined by the Bank at its sole discretion.
RIGHT TO SET OFF AND CONSOLIDATION. Maybank may at any time and without notice nor assigning reason thereof set off or transfer any monies standing to any sum due to Maybank under this Agreement.
RIGHT TO SET OFF AND CONSOLIDATION. 8.1. Without prejudice to any other remedies which the Bank may have, the Bank may, at its discretion and at any time:-
RIGHT TO SET OFF AND CONSOLIDATION. In addition to any other rights which DBS Bank may have, DBS Bank shall be entitled at any time and without notice to the Borrower to combine or consolidate all or any of the Borrower's accounts and liabilities with or to DBS Bank (in Singapore or elsewhere) or set-off or transfer any sum(s) standing to the credit of one or more of such accounts in or towards the satisfaction of any of the Borrower's liabilities to DBS Bank on any other account(s) (in Singapore or elsewhere) or in any other respect whether such liabilities are actual or contingent, primary or collateral, several or joint, or such accounts are held by the Borrower singly or jointly with any other persons. If the credit balances on such accounts and the liabilities on any other accounts are not expressed in the same currency, DBS Bank shall be entitled to effect any necessary conversions at DBS Bank's own rate of exchange then prevailing. 15.
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RIGHT TO SET OFF AND CONSOLIDATION. (a) The Cardmember agrees that the Bank may in its absolute discretion at anytime and without notice immediately combine or consolidate all or any account(s) of the Cardmember including accounts in the name of the Bank and/or of the Cardmember jointly with others (whether current deposit loan or of any other nature whatsoever whether subject to notice or not and in whatever currency) wheresoever situated as set-off towards satisfaction of any sum due to the Bank under this Agreement. Where such combination consolidation set-off or transfer requires the conversion of one currency into another, such conversion shall be calculated at the Bank’s prevailing exchange rate which shall be determined by the Bank at its sole discretion.
RIGHT TO SET OFF AND CONSOLIDATION. Notwithstanding any other rights available to MBB under this Agreement, MBB shall give 14 days notice or assigning reason thereof, set-off against Merchant’s sales proceed or debit the Merchant’s banking account with MBB of whatever description and wherever located for the purpose of Chargeback under Clause 6 or towards the reduction or discharge of any sum due to MBB by the Merchant under any of the terms of this Agreement. An interest at current prevailing rate of MBB will be charged to the Merchant in the event the recovered amount had caused the Merchant’s banking account to be overdrawn.
RIGHT TO SET OFF AND CONSOLIDATION. (a) The Cardmember agrees that the Bank may with prior notice combine or consolidate all or any account(s) of the Cardmember including accounts maintained with the Bank and/or of the Cardmember jointly with others (whether current deposit loan or of any other nature whatsoever and in whatever currency) wheresoever situated, with any liabilities of the Cardmember under any other agreement with the Bank. The Bank may set off or transfer any sum(s) standing to the credit of any one or more of such account(s), of the Cardmember or security held by the Bank or all subsidiaries and related companies of the Bank and the PBB Group towards satisfaction of any of the liabilities of the Cardmember due and payable to the Bank under this Agreement and all subsidiaries and related companies of the Bank and the PBB Group. Where such combination consolidation set-off or transfer requires the conversion of one currency into another, such conversion shall be calculated at the Bank’s prevailing exchange rate which shall be determined by the Bank at its sole discretion.
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