Common use of The Card Remains Our Property Clause in Contracts

The Card Remains Our Property. The Card remains our property and we can revoke your right to use it any time if you are in breach of the Cardmember Agreement or for any reason relating to the credit status of the Cardmember or the Company or the Card Account or for reasons of fraud or dishonesty or where otherwise permitted by the law. If we have revoked the Card and there are no amounts outstanding to your Account remaining unpaid we will refund a pro-rata portion of your annual Card Account fee. We may list revoked Cards in our “Cancellation Bulletin”, or otherwise inform Establishments that the Card issued to you has been revoked or cancelled. If we revoke the Card or it expires or if the Corporate Account is cancelled, you or the Company must return it to us if we request. Also, if a Service Establishment asks you to surrender an expired or revoked Card, you must do so. You may not use the Card after it has expired or after it has been revoked. The revocation, repossession or request for the return of the Card is not, and shall not constitute, any reflection on your character or the Company’s or your credit worthiness and we shall not be liable in any way for any statement made by any person requesting the return or surrender of the Card.

Appears in 2 contracts

Samples: gcpcms.americanexpress.com, gcpcms.americanexpress.com

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The Card Remains Our Property. The Card remains our property and you and the Company understand that we can revoke cancel your right to use it any time if you are in breach of the Cardmember Agreement or for any reason relating to the credit status of the Cardmember Card or the Company Corporate Account at any time. We can do this with or the Card Account or for reasons of fraud or dishonesty or where otherwise permitted by the lawwithout cause and without giving you notice. If we have revoked cancel the Card and there are no amounts outstanding to your Account remaining unpaid without cause, we will refund to the Card Member a pro-rata pro‑rata portion of your the annual Card Account feefee unless otherwise advised by the Company. We may list revoked Cards cancelled Card account numbers in our “Cancellation Bulletin”, or otherwise inform Establishments parties honouring the Card that the Card issued to you has been revoked or cancelled. If we revoke cancel the Card or it expires or if the Corporate Account is cancelled, you or the Company must immediately return it the Card to us if we cut in half upon our request. The Company shall also use its best efforts to promptly notify you of the cancellation and to obtain each cancelled Card from you for return to us cut in half. Also, if a Service Establishment any party that accepts the Card asks you to surrender an expired or revoked cancelled Card, you must do so. You may not use the Card after it has expired or after it has been revokedcancelled. The revocationYou and the Company agree not to hold us liable for any losses or damages, repossession that may arise, from any wrongful cancellation of a Card. You or the Company may request us to cancel the Corporate Account or any Card by returning the Card cut in half to us together with a written request for cancellation. In any event, whether we, you or the return of Company should cancel the Card is notor Corporate Account, you and the Company shall not constitute, any reflection on your character or remain jointly and severally liable for all Charges incurred until the Company’s or your credit worthiness and we shall not be liable in any way for any statement made by any person requesting the return or surrender of the CardCard has been returned to us.

Appears in 2 contracts

Samples: www.americanexpress.com, business.americanexpress.com

The Card Remains Our Property. The Card remains our property and you and the Company understand that we can revoke cancel your right to use it any time if you are in breach of the Cardmember Agreement or for any reason relating to the credit status of the Cardmember Card or the Company Corporate Account at any time. We can do this with or the Card Account or for reasons of fraud or dishonesty or where otherwise permitted by the lawwithout cause and without giving you notice. If we have revoked cancel the Card and there are no amounts outstanding without cause, we may refund to your Account remaining unpaid we will refund the Card Member a pro-rata portion of your the annual Card Account fee. fee We may list revoked Cards cancelled Card account numbers in our “Cancellation Bulletin”, or otherwise inform Establishments parties honouring the Card that the Card issued to you has been revoked or cancelled. If we revoke cancel the Card or it expires or if the Corporate Account is cancelled, you or the Company must destroy it at once. The Company shall also use its best efforts to promptly notify you of the cancellation and to obtain each Corporate Liability cancelled Card from you for return it to us if cut in half. You must hand it over to any Merchant which so requests or to any third party we request. Also, if a Service Establishment asks you to surrender an expired or revoked Card, you must do sonominate. You may not use the Card after it has expired or after it has been revokedcancelled. You and the Company agree not to hold us liable for any losses or damages, that may arise, from any wrongful cancellation of a Card. Either you or the Company may at any time cancel the Card issued to you. Your cancellation will not be effective until you or the Company notify us in writing and we acknowledge receipt of the notification. On cancellation you must destroy the Card. The revocation, repossession or request Company will remain liable for the return of all Charges incurred before the Card is not, and shall not constitute, any reflection on destroyed. The Card will be cancelled upon termination of your character or the Company’s or your credit worthiness and we shall not be liable in any way for any statement made by any person requesting the return or surrender of the Cardemployment.

Appears in 2 contracts

Samples: Agreement, Agreement

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The Card Remains Our Property. The Card remains our property and you and the Company understand that we can revoke cancel your right to use it any time if you are in breach of the Cardmember Agreement or for any reason relating to the credit status of the Cardmember Card or the Company Corporate Account at any time. We can do this with or the Card Account or for reasons of fraud or dishonesty or where otherwise permitted by the lawwithout cause and without giving you notice. If we have revoked cancel the Card and there are no amounts outstanding to your Account remaining unpaid without cause, we will refund to the Card Member a pro-rata portion of your the annual Card Account feefee unless otherwise advised by the Company. We may list revoked Cards cancelled Card account numbers in our “Cancellation Bulletin”, or otherwise inform Establishments parties honouring the Card that the Card issued to you has been revoked or cancelled. If we revoke cancel the Card or it expires or if the Corporate Account is cancelled, you or the Company must immediately return it the Card to us if we cut in half upon our request. Also, The Company shall also use its best efforts to promptly notify you of the cancellation and to obtain each cancelled Card from you for return to us cut in half. Also if a Service Establishment any party that accepts the Card asks you to surrender an expired or revoked cancelled Card, you must do so. You may not use the Card after it has expired or after it has been revokedcancelled. The revocationYou and the Company agree not to hold us liable for any losses or damages, repossession that may arise, from any wrongful cancellation of a Card. You or the Company may request us to cancel the Corporate Account or any Card by returning the Card cut in half to us together with a written request for cancellation. In any event, whether we, you or the return of Company should cancel the Card is notor Corporate Account, you and the Company shall not constitute, any reflection on your character or remain jointly and severally liable for all Charges incurred until the Company’s or your credit worthiness and we shall not be liable in any way for any statement made by any person requesting the return or surrender of the CardCard has been returned to us.

Appears in 1 contract

Samples: business.americanexpress.com

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