Common use of Voluntary Resolution Clause in Contracts

Voluntary Resolution. As long as any of the cards issued under this agreement is in force, CaixaBank Payments & Consumer may not request its termination except as provided in the general condition of this agreement relating to “Termination due to Cause". If applicable, CaixaBank Payments & Consumer must notify the contracting party of its decision to terminate the agreement at least two months before the date on which it is to take effect. When it is the contracting party who instigates the termination of the agreement, they must notify CaixaBank Payments & Consumer of their decision at least one month in advance and, in all cases, the associated cards must be returned and the debt must be settled in full and in advance. In any of the above cases and with respect to the price of the periodically accrued services, the contracting party shall only have to pay the proportional part due up to the time when the termination takes effect. Any excess received in advance by CaixaBank Payments & Consumer will be reimbursed by crediting the Associated Account.