Common use of TERMINATION OR CHANGES Clause in Contracts

TERMINATION OR CHANGES. The Credit Union can, by written notice, terminate this Agreement at any time. You may terminate this Agreement, by written notice, as to future advances at any time. Termination by either party shall not affect your obligation to repay any payments made for your account resulting from use of the card as well as INTEREST CHARGES and other related charges. The Credit Union may add to, change, or delete any of the terms of this Agreement, including the periodic rate, at any time, subject to such notice as may be required by applicable law. If you use your card to make a purchase or obtain a cash advance after having been given notice of a change in terms, you agree that, to the extent permitted by law, the existing balance in your account at the time of that use will be subject to the new terms, as shall subsequent uses. INTERNATIONAL TRANSACTIONS: If you effect an international transaction with your MasterCard, MasterCard International will convert the charge into a U.S. dollar amount. MasterCard International will use its currency conversion procedure, which is disclosed to institutions that issue MasterCard cards. Currently, the cur- rency conversion rate used by MasterCard International to determine the transaction amount in U.S. dollars for such transactions is generally either a government- mandated exchange rate or a wholesale exchange rate selected by MasterCard International for the applicable currency on the day the transaction is processed, which rate may differ from the applicable rate on the date the transaction occurred or when the transaction is posted to your Account.We will charge a Foreign Trans- action Fee of up to 1% on all international purchase, cash disbursement, and account credit transactions, even if the transaction is conducted in U.S. dollars. There is no grace period within which to repay international transactions in order to avoid the Foreign Transaction Fee.