Common use of Transfer of Claims Clause in Contracts

Transfer of Claims. a. Although we may have no obligation to do so, if we credit your Account in relation to your claim against a third party such as a Merchant, you are automatically deemed to have assigned and transferred to us, any rights and claims (excluding tort claims) that you have, had or may have against any third party for an amount equal to the amount we credited to your Account. You hereby give consent in advance to such assignment, without any further notification being required.

Appears in 11 contracts

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

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Transfer of Claims. a. Although we may have no obligation to do so, if we credit your a Master Account or Account in relation to your a claim against a third party such as a Merchant, you are Travel Booking Provider or Travel Service Provider, You shall automatically be deemed to have assigned and transferred to us, us any related rights and claims (excluding tort claims) that you You have, had or may have against any third party for an amount equal to the amount we credited to your the Account. You hereby give consent in advance to such assignment, without any further notification being required.

Appears in 10 contracts

Samples: www.americanexpress.com, www.americanexpress.com, Account Agreement

Transfer of Claims. a. Although we may have no obligation to do so, if we credit your Account in relation to your any claim you have against a third party party, such as a Merchant, you are automatically deemed to have assigned and transferred to us, all and any rights and claims (excluding tort claims) that you have, had or may have against any that third party for party, provide that we shall only be entitled to recover pursuant to such assignment an amount equal to the amount we credited to your AccountAccount plus our costs incurred in pursuing such claim. You hereby give consent in advance to such assignment, without any further notification being required.

Appears in 3 contracts

Samples: Acceptance of the Agreement, Acceptance of the Agreement, Acceptance of the Agreement

Transfer of Claims. a. Although we may have no obligation to do so, if we credit your a Master Account or Account in relation to your a claim against a third party such as a Merchant, you are You shall automatically be deemed to have assigned and transferred to us, us any related rights and claims (excluding tort claims) that you You have, had or may have against any third party for an amount equal to the amount we credited to your the Account. You hereby give consent in advance to such assignment, without any further notification being required.

Appears in 1 contract

Samples: www.americanexpress.com

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Transfer of Claims. a. Although we may have no obligation to do so, if we credit your Account in Accountin relation to your claim against a third party such as a Merchant, you are automatically deemed to have assigned and transferred to us, any rights and rightsand claims (excluding tort claims) that you have, had or may have against any third party for an amount equal to the amount we credited to your Account. You hereby give consent in advance to such assignment, without any further notification being required.

Appears in 1 contract

Samples: www.americanexpress.com

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