FILED: MONTGOMERY COUNTY CLERK 09/17/2021 05:04 PM
`NYSCEF DOC. NO. 10
`
`INDEX NO. EF2021-3
`O
`O
`RECEIVED NYSCEF: 09/17/2021
`
`m
`
`e
`
`e
`
`000267760016
`
`SwornDocumentExecution
`
`SD
`
`====:==
`
`

`

`FILED: MONTGOMERY COUNTY CLERK 09/17/2021 05:04 PM
`NYSCEF DOC. NO. 10
`
`INDEX NO. EF2021-3
`Doc Page 2 of 6
`RECEIVED NYSCEF: 09/17/2021
`
`Agreement
`
`CMA17146
`
`e
`
`c
`
`×
`LL1,
`c
`
`o
`O
`O
`
`O
`
`Business
`
`Card
`
`Credit
`
`CreditLine:Yourcredit line appearsonyour billingstatements.We mayalsoreferto the
`credit line as a credit limit or spendinglimit. Yourbilling statementalso mayshow that
`onlya portionofyourcreditlinemaybeusedfor cashadvances.Cashadvances,including
`cashadvancechecks,are chargedagainstthe cashadvanceportionof your credit line,
`This agreementmayalsobe referredto asthe BusinessCardCardmemberAgreement,
`andall othertransactionsare chargedagainstyour credit line.Youare responsiblefor
`or asthe BusinessCardCreditAgreemeni/BusinessCardCardmemberAgreementinthe
`keepingtrack of your account balance,including any fees and finance charges, and
`future. Suchtitles havethe samemeaningas BusinessCardCreditAgreement.
`makingsureit remainsbelowyour credit line.If your accountbalanceis overyour credit
`ACCEPTANCEOFTHISAGREEMENT
`linefor anyreason,we maychargeyou an overlimitfee as describedinthis agreement.
`Thisagreementgovernsyourcredit card accountwith usreferencedonthe card carrier
`containingthe cardforthis account.Anyuseofyouraccountis coveredbythisagreement. Wemay,butarenotrequiredto, authonzechargesthat gooveryour creditline.Youmust
`payanyamountoveryour credit line,andyou mustpayus immediatelyif we askyouto.
`Pleasereadthe entire agreementand keepit for your records.Youauthorizeusto pay
`This agreementappliesto any balanceoveryour credit line.
`for and chargeyour accountfor all transactionsmadeon your account.Youpromiseto
`At ourdiscretion,we mayincrease,reduce,or cancelyourcreditline,orthecashadvance
`payusfor alltransactionsmadeonyour account,aswell asanyfees orfinance charges.
`Eachpersonwho is includedwithin the definitionof"you"
`portion of your credit line, at any time. However,if you haveaskedus notto do so,we
`below,is responsible,together
`will notincreaseyourcreditline.A changetoyourcreditlinewill notaffectyourobligation
`for payingall amountsowed.Wemayrequirethatyou paythefull amount
`=-didMdœ!!y,
`to payus.
`owedwithoutfirst askingthe other person(s)to pay.
`InternationalTransactions:Internationaltransactionsinclude any transactionthat you
`Pleasesignthe back of your credit card when you receive it. Youwill be boundbythis
`makein aforeign currencyorthat youmakeoutsideofthe UnitedStatesofAmericaeven
`agreementif you or anyoneauthorizedbyyou useyour accountfor anypurpose,evenif
`if it is made m U.S. dollars. if you make a transaction m a foreign currency, Visa
`youdon't signyourcard.Whetheryou useyour accountor not,youwill beboundbythis
`Internationalor MasterCardInternational,inc., will convert the transaction into U.S.
`agreementunlessyou cancelyour accountwithin 30daysafter receivingyour card and
`dollarsbyusingits respectivecurrencyconversionprocedures.Theexchangerate each
`youhavenot usedyouraccountfor anypurpose.
`"us"and"our"meanChaseBankUSA,N.A.,
`entity usesto convert currency is a rate that it selects either from the range of rates
`Thm:ghûuithis agreement,the words "we",
`the issuerof your credit card and account.Thewords "you","your"and"yours"meanall
`availablein the wholesale currency marketsfor the applicableprocessingdate (which
`receives), or
`rate may vary from the rate the respective entity itself
`the
`personsresponsiblefor complyingwith this agreement,includingthe personwho applied
`government-mandatedratemeffect onthe applicableprocessingdate.Therateineffect
`for the account andthe personto whom we addressbilling statements,as well as any
`personwho agreestobeliableonthe account.Theword "card"meansoneor morecards
`onthe applicableprocessingdatemaydifferfromthe rateonthe dateyouusedyour card
`or account We reservethe right to chargeyou an additionalthree percent(3%)of the
`or other accessdevices,such as account numbers,that we haveissuedto permityou
`U.S.dollaramountofanyinternationaltransaction,whetherthattransactionwas onginally
`to obtaincredit underthis agreement.
`madein U.S.dollarsor was madein anothercurrency and convertedto U.S.dollars by
`USINGYOURACCOUNT
`Visa or MasterCard.In either case,the 3%will be calculatedonthe U.S.dollar amount
`.
`The account is a businessaccount and should be used only for busmesspurpose
`providedto usbythat entity.Thesameprocessandchargesmayapplyif onyint::rnotional
`transectionsandnotfor transactionsfor personal,familyor householdpurposes.Unless
`transactionis reversed.
`.
`we agreeor it is requiredbylaw,we will not be responsiblefor merchandiseor services
`Refusalto AuthorizeTransactions:We may,butare notrequiredto, declineatransaction
`purchasedor leasedthroughuseof your account.Youpromiseto useyour accountonly
`onyour accountfor any of the following reasons:
`for valid andlawful transactions.Forexample,internet gamblingmaybe illegalm some
`• becauseof operationalconsiderations,
`places. It is not our responsibilityto make sure that you use your account only for
`• becauseyour accountis in default,
`permissib|atransactions,and you will remain responsiblefor payingfor a transaction
`* !f we suspectfraudulentor unlawful activity or,
`evenif it is not permissible.
`• in our discretion,for anyother reason.
`Typesof Transactions:
`We are not responsiblefor any lossesif a transaction on your account is declinedfor
`• Purchases:Youmayuseyour cardto payfor goodsor services.
`anyreason,either by us or athird party,evenif you havesufficient credit available.
`• Checks:We mayprovideyou cash advancechecks or balancetransfer checks as a
`For online transactions, we may require that you register your account with an
`wayto useyouraccount.Wealsoreferto themmthis agreementasa checkor checks.
`authorizationsystemthat we select.We will notifyyou if we want you to register.If you
`Youmayusea checkto payfor goodsor services,totransfer balancestoyouraccount,
`do not register,we maydeclineyouronlinetransactions.
`or for other useswe allow.Butyou may not usethese checksto transfer balancesto
`Refusalto PayChecks:Eachcheckyouwrite isyour requestfor funds.Whenwe receive
`this account from other accountswith us or any of our related companies.Onlythe
`a checkfor payment,we mayreview your account to decidewhether to authorizethat
`personwhosenameis printedonthe checkmaysignthe check.Cashadvancechecks
`check.We may,butare not requiredto, reject andreturnunpaida checkfor anyreason,
`are treated as cash advancesand balance transfer checks are treated as balance
`includingthe followmg examples:
`transfersexceptas notedinthis agreementor anyoffer we maketo you.We maytreat
`• We or oneof our relatedcompaniesis the payeeonthe check.
`checksthat we call conveniencechecksasbalancetransfer checks.However,checks
`• Yourcreditlineor cashadvanceportionofyourcreditlinehasbeenexceeded,orwould
`that we call conveniencechecksandthat we indicatedto you are subjectto theterms
`beexceededif we paidthe check.
`for cashadvances,maybetreatedascashadvancesandassessedcashadvancerates
`• Thecheckis post-dated.If a post-datedcheckis paid,resultingin anothercheckbeing
`andfees.
`returnedor not paid,we are not responsible.
`• BalanceTransfers:Youmaytransfer balancesfromother accountsor loanswith other
`• Youhaveusedthe check afterthe date specifiedon it.
`creditcardissuersor otherlenderstothis account,or otherbalancetransferswe allow.
`• Youare in defaultor would be if we paidthe check.
`Butyou maynottransfer balancesto this accountfrom other accountswith us or any
`Lostor StolenCards,Checksor Account Numbers:If anycard, check,accountnumber
`of our relatedcompanies.If a portionof a requestedbalancetransferwill exceedyour
`or other meansto accessyour account is lost or stolen,or you think someoneusedor
`availablecredit line, we may process a partial balancetransfer up to your available
`may use them without your permission,you must notify us at once by calling the
`credit line.
`CardmemberServicetelephonenumbershownonyour card or billingstatement.Donot
`• CashAdvances:Youmayuseyour cardto get cashfrom automaticteller machines,or
`useyour accountafteryou notify us,evenif your card, check,account numberor other
`from financial institutionsaccepting the card; or to obtain travelers checks,foreign
`meansto accessyour account is found or returned.We mayterminateor suspendyour
`currency,moneyorders,wire transfersor similarcash-likecharges;orto obtainlottery
`credit privilegeswhenyou notify usof anyloss,theft or unauthonzeduserelatedto your
`tickets,casinogamingchips,racetrack wagersor for similar bettingtransactions.You
`account.
`mayalsouseathird partyserviceto makea paymentonyour behalfandbillthe payment
`Youmay be liable if there is unauthorizeduse of your account from which you receive
`to this account.
`no benefit.Youwill not beliablefor anysuchtransactionsmadeafteryou notifyusofthe
`• OverdraftAdvances:If you havean eligible checkingaccountwith oneof our related
`loss,theftor unauthorizeduse.However,youmustidentifyfor usthe unauthorizedcharges
`banks,you may link this account to your checking account with our related bankto
`fromwhich you receivedno benefit.
`cover an overdrafton that checking account underthe terms of this agreementand
`We mayrequireyouto provideusinformationinwritingto helpusfindoutwhat happened.
`your checkingaccountagreement.
`We may also require you to comply with certain procedures in connection with our
`Billing Cycle:In orderto manageyouraccount,we dividetime into periodscalled"billing
`investigation.
`cycles".Eachbillingcycleis approximatelyonemonthin length.Foreachcalendarmonth,
`PAYMENTS
`your account will havea billing cyclethat endsin that month.Youraccount will havea
`Payment Instructions: Your billing statement and acccmp:nying envelope include
`billing cycle endingin each calendarmonthwhether or not there is a billing statement
`instructionsyou mustfollow for makingpaymentsand sets forth the date andtime by
`for that billingcycle.
`which we mustreceivethe payment.
`Authorized Users:If you allow someoneto use your account, that person will be an
`Youagreeto payusamountsyou owe in U.S.dollarsdrawnonfundsondepositin a U.S.
`authorized user. You should think carefully before allowing anyone to become an
`financial institutionor the U.S.branch of a foreign financial institutionusinga payment
`authorizeduser becauseyou are allowingthat personto use the account as you can.
`check,moneyorderor automaticdebitthatwill beprocessedor honoredbyyourfinancial
`Youwill remainresponsiblefor the use of your account and each card issuedon your
`institution.We will not accept cash payments.Yourtotal available credit may not be
`account accordingto the terms of this agreement.This includesyour responsibilityfor
`restoredfor upto 15daysafterwe receiveyour payment.
`payingall chargesonyour accountmadeby an authorizeduser.
`Any paymentcheckor otherform of paymentwhich you sendto usfor lessthanthe full
`Youmayrequestanadditionalcardfor usebyan authorizeduseronyour account.If you
`balancethat ismarked"paidinfull" orwith a similarnotationorthat youotherwisetender
`doso,this accountmayappearonthe credit report of that authorizeduser.
`infull satisfactionof a disputedamount(conditionalpayments),mustbesentto usatthe
`Youmustnotify usto terminatean authorizeduser's permissionto useyour account. If
`conditionalpaymentsaddresslistedonyourmonthlystatement.Wereserveall ourrights
`younotifyus,we mayclosethe accountand/orissuea newcard or cardswith a different
`regardingsuch payments.Forexample,if it is determinedthere is no valid disputeor if
`account number.Youshouldalso recover and destroy any cards, checks or any other
`anysuchpaymentisreceivedat anyother address,we mayacceptthe paymentandyou
`meansof accessto your accountfromthat authorizeduser.
`will still owe any remainingbalance.We may refuse to accept any such paymentby
`
`Page1of 5
`
`Pkg Page 8 of 175
`
`

`

`FILED: MONTGOMERY COUNTY CLERK 09/17/2021 05:04 PM
`NYSCEF DOC. NO. 10
`
`INDEX NO. EF2021-3
`Doc Page 3 of 6
`RECEIVED NYSCEF: 09/17/2021
`
`returning it to you, not cashingit or by destroyingit. All other paymentsthat you
`make should be sent to the regular payment address shown on your monthly
`statements.
`We reservethe rightto electronicallycollect your eligible paymentchecks,at first
`presentmentandanyrepresentment,fromthe bankaccountonwhich the checkis
`drawn. Ourreceipt of your paymentchecks is your authorizationfor us to collect
`the amountof the check electronically,or, if needed,by a draft drawn againstthe
`bankaccount.Paymentcheckswill becollectedelectronicallybysendingthe check
`amountalongwith the check,routingandaccountnumbersto your bank.Yourbank
`account may be debitedas early as the sameday we receive your payment.The
`original paymentcheck will be destroyedand an imagewill be maintainedin our
`records.
`MinimumPayment·Youagreeto payat leastthe minimumpaymentdue,as shown
`onyour billingstatement,sothat we receiveit bythe date andtime paymentis due.
`Youmaypaymorethanthe minimumpaymentdueandmaypaythe full amountyou
`owe us at anytime. If you have a balancethat is subject to finance charges,the
`sooneryoupayus,thelessyouwill payinfinance chargesbecausefinancecharges
`accrueonyour balanceeachday.
`Yourbillingstatementshowsyour beginningbalanceandyour endingbalance(the
`"NewBalance"onyour billingstatement).If the New Balanceis $10.00or less,your
`minimumpaymentduewill bethe New Balance.Otherwise,it will bethe largestof
`the following:$10.00;2%ofthe New Balance;or the sumof 1%ofthe New Balance,
`total billed periodicratefinance charges,andany billed late and overlimitfees. As
`partofthe minimumpaymentdue,we alsoaddanyamountpastdueandanyamount
`overyour creditline.
`PaymentAllocation: Youagreethat we are authorizedto allocate your payments
`andcreditsin awaythat is mostfavorableto or convenientfor us.Forexample,you
`authorizeusto applyyourpaymentsandcreditsto balanceswith lower APRs(such
`as promotionalAPRs)beforebalanceswith higherAPRs.
`CreditBalances:Youmayrequesta refundof a credit balanceat anytime.We may
`reducethe amountofanycreditbalancebythe amountofnew chargesorfeesbilled
`to your account.
`Automatic Charges:Youmay authorizea third party to automatically chargeyour
`accountfor repeattransactions(forexample,monthlyutility charges,memberships
`andinsurancepremiums).Ifautomaticchargesarestoppedfor anyreason(in±ding
`becauseyour account is closed or suspendedfor any reason) or your account
`numberchanges,youareresponsiblefor notifyingthe billerandpayingthesecharges
`directly.If your accountnumberchanges,we may,but are not requiredto, payfrom
`yournewaccountnumberchai966iliaiyou authorizedto bebilledtoyouroldaccount
`number.
`Promotions:Fromtime to time we mayoffer specialterms for your account. If we
`do,we will notifyyouaboutthetermsofthe offer andhow longtheywill bein effect.
`Any promotion is subject to the terms of this apeeiïioni, as modified by the
`promotionaloffer.
`FINANCECHARGES
`Daily Periodic RatesandAnnual PercentageRates:Yourannual percentagerates
`("APRs")andthe correspondingdailyperiodicratesare listedonthe RatesandFees
`Tablethat is at the end of this documentor providedseparately.To get the daily
`periodic rate we dividethe APRby 365,and in effect always round up at the fifth
`placeto the right ofthe decimalpoint.
`VariableRates:0neor moreAPRsthat applytoyour accountmayvarywith changes
`to the PrimeRate.When you havean APRthat varies with changesto the Prime
`Rate,we calculatethe APRby addinga marginto the PrimeRatepublishedin The
`WallStreetJournaltwo businessdaysbeforethe ClosingDateshownonyourbilling
`statement.The"PrimeRate"is the highest(U.S.)PrimeRatepublishedin the Money
`Ratessectionof TheWallStreetJournal.lf TheWallStreetJournalstopspublishing
`the PrimeRate,we will selecta similarreferencerateandinformyou onyour billing
`statementor througha separatenotice.
`A "margin"is the percentagewe add to the Prime Rateto calculate the APR.A
`"businessday"is any daythat is not a weekend or federal holiday.The Ratesand
`FeesTableshowswhich rates,if any,are variable rates. It also lists the marginfor
`eachvariablerate andanyminimumdaily periodicrate andcorrespondingAPR.
`Twobusinessdaysbeforethe ClosingDateshownonyourbilling statement,we see
`whatthe PrimeRateis.Wethen addthe applicablemarginto that PrimeRateto get
`the APR.Thedaily periodicrate is calculatedas describedabove.
`If ourcalculationresultsin a changeto adailyperiodicratefromthe previousbilling
`cycle becausethe PrimeRatehas changed,the new rate will applyas of the first
`day of your billing cycle that ends in the calendar month in which we madethe
`calculation.Ifthe dailyperiodicrateincreases,youwill haveto paya higherperiodic
`finance chargeandmayhaveto paya higher minimumpayment.
`Default Rates:YourAPRsalsomayvary if you are in default underthis agreement
`or anyotheragreementyouhavewith us or anyof our relatedcompaniesfor anyof
`the following reasons:
`• We do not receive,for any paymentthat is owed on this account or any other
`account or loanwith us,at leastthe minimumpaymentdue bythe date andtime
`due.
`• Youexceedyour creditline onthis account.
`• Youmakea paymentto usthat is not honoredbyyour bank.
`• Tothe extentallowedbylaw,if, atanytimeafteryour accountis closed,we demand
`immediatepaymentof your outstandingbalanceandwe do not receive payment
`within the timewe specify.
`If anyoftheseeventsoccurs,we mayincreasethe APRs(includinganypromotional
`APR)onall balances(excludingoverdraftadvances)upto a maximumofthe default
`rate stated in the RatesandFeesTable.We may considerthe following factors to
`
`Page2 of 5
`
`CMA17146
`
`determineyour default rate: the length of time your account has been open,the
`existence,seriousnessandtimingofthe defaultsonyouraccount;otherindications
`of youraccountusageandperformance;informationaboutyourotherrelationships
`with usor anyof our relatedcompanies;andinformationwe obtainfrom consumer
`credit reportsobtainedfrom credit bureaus.The default rate will take effect as of
`the first dayofthe billingcycle in which the defaultoccurs.
`If we decidenotto increaseyourAPReventhoughthere is a defaultor if we donot
`increase your APRup to the maximumdefault rate stated in the Ratesand Fees
`Table,we reserveour rightto increaseyour APRinthe eventof anyfuture default.
`We may in our discretion determineto charge reduced default rates or reinstate
`standardratesfor all or selectedbalancesonyour account.
`Finance ChargeCalculation - Average Daily Balance Method (including New
`Transactions):We calculateperiodicfinance chargesseparatelyfor eachbalance
`associatedwith adifferentcategoryoftransactions(forexample,purchases,balance
`transfers,balancetransferchecks,cashadvances,cashadvancechecks,overdraft
`advances,andeachpromotion).Thesecalculationsmaycombinedifferentcategories
`with the samedaily periodicrates.This is how it works:
`We calculate periodicfinance chargesfor purchases,balancetransfers, balance
`transfer checks,cashadvances,cashadvancechecks,andoverdraftadvancesby
`lybigthe dailybalancefor each ofthose categoriesbythe daily periodicrate
`mült
`for each of those categories,each day.Youmay have overdraft advancesonly if
`you havelinkedthis accountto a checking accountwith one of our related banks.
`Wecalculatethe periodicfinancechargesfor purchases,balancetransfers,balance
`transfer checks,cashadvances,andcashadvancecheckssubjectto a prGmatiGña|
`ratethe sameway, butwe usethe promotionalrate.
`Togetthe dailybalancefor eachdayfor eachcategory:
`• Wetakethe beginningbalancefor that day.
`• We add to that balance any new transactions,fees, other charges, and debit
`adjustmentsthat applyto that category.We adda new purchase,cash advance,
`balancetransferor overdraftadvance,if applicable,to the dailybalanceasofthe
`transactiondate,or a laterdateof our choice.We adda newcashadvancecheck
`or balancetransfer checkto the daily balance as of the date the cash advance
`check or balancetransfer check is depositedby a payee,or a later date of our
`choice.
`• We subtractfromthat balanceany payments,credits,or credit adjustmentsthat
`applyto that categoryandthat are credited as of that day.
`• Wetreat a credit balanceas a balanceof zero.
`Toget the beginningbalancefor each categoryfor the next day,we addthe daily
`periodic finance chargeto the daily balance.If morethan one daily periodic rate
`could applyto a categorybecausethe ratefor the categorymayvary basedonthe
`amountof its averagedailybalance,we will usethe daily periodic ratethat applies
`for the averagedaily balanceamountatthe endofthe billing cycleto calculatethe
`daily periodic finance charge each day. This agreement provides for daily
`compoundingoffinance charges.
`Toget the total periodicfinance chargefor the billing cycle,we add all ofthe daily
`periodicfinance chargesfor each categoryfor each day duringthat billing cycle.
`However,if any periodic finance charge is due, we will charge you at least the
`minimumperiodicfinancechargestatedinthe RatesandFeesTable.If itis necessary
`to add an additional amountto reach the minimumfinance charge,we add that
`amountto the balancefor purchasesmadeduringthe billing cycle.
`Thetotal finance charge onyour accountfor a billing cycle will bethe sumof the
`periodicfinance chargesplusanytransact½nfee finance charges.
`Foreachcategorywe calculateanaveragedailybalance(includingnewtransactions)
`for the billing cycle by addingall your daily balancesand dividingthat amountby
`the numberof daysinthe billing cycle. If you multiplythe averagedaily balancefor
`a categorybythatcategory'sdailyperiodicrate,andmultiplytheresultbythenumber
`of daysin the billing cycle,the total will equalthe periodicfinance chargesfor that
`balanceattributableto that billingcycle,exceptfor minorvariationsdueto rounding.
`GracePeriodandAccrual of FinanceCharges:Weaccrueperiodicfinance charges
`onatransaction,fee,orfinancechargefromthe dateitis addedtoyourdailybalance
`untilpaymentinfullis receivedonyour account.However,we donotchargeperiodic
`financechargesonnewpurchasesbilledduringa billingcycleifwe receivepayment
`of your New Balanceby the date andtime your minimumpaymentis due andwe
`receivedpaymentof your New Balanceon your previousbilling statementbythe
`date andtimeyour paymentwas due.Thisexceptionor "graceperiod"appliesonly
`to purchasesanddoesnotapplyto balancetransfers,balancetransferchecks,cash
`advances,cashadvancechecksor overdraftadvances,if applicable.
`TransactionFeesfor CashAdvances:We may charge you a cash advancefee in
`the amountstatedinthe RatesandFeesTablefor eachofthefollowingtransactions:
`• cash advancechecks;
`• cashadvances.
`In addition,if you use a third party serviceto makea paymenton your behalfand
`the servicechargesthe paymentto this account,we maychargea transactionfee
`for the payment.
`Thesetransactionfees arefinance charges.We addthe fee to the balancefor the
`related category as of the transaction date of the cash advance.For example,a
`transactionfeefor a cashadvancewould beaddedto your cashadvancebalance.
`TransactionFeesfor BalanceTransfers:We maychargeyou a balancetransferfee
`in the amount stated in the Rates and Fees Table for each of the following
`transactions:
`. balancetransfer checks;
`• balancetransfers.
`Thesetransactionfees arefinance charges.We addthe fee to the balancefor the
`relatedcategoryas of the transaction date of the balancetransfer.Forexample,a
`
`o
`
`o
`O
`
`O
`
`o
`
`a)
`E
`3
`
`Q
`E
`O
`
`Pkg Page 9 of 175
`
`

`

`FILED: MONTGOMERY COUNTY CLERK 09/17/2021 05:04 PM
`NYSCEF DOC. NO. 10
`
`INDEX NO. EF2021-3
`Doc Page 4 of 6
`RECEIVED NYSCEF: 09/17/2021
`
`transactionfeefor a balancetransferwould beaddedto your balancetransfer balance.
`OTHERFEESANDCHARGES
`.
`We maychargethe followingfees.Theamountsofthesefees are listed inthe Ratesand
`FeesTable.Thesefeeswill beaddedtó Ge balancefor purchasesmadeduringthe billing
`cycle
`AnnualMembershipFee:If your accounthasanannualmembershipfee, it will bebilled
`eachyear or in monthlyinstallments(asstatedin the Ratesand FeesTable),whetheror
`not you useyour account,andyou agreeto payit when billed.Theannualmcmba‡Jp
`fee is non-refundableunlessyou notify usthat you wish to closeyour accountwithin 30
`daysof the datewe mailyour billing statementonwhich the annualmembershipfee is
`chargedandatthe sametime,you payyour outstandingbalancein full. Yourpaymentof
`the annualmembershipfee doesnot affect our right to closeyour account or limit your
`right to maketransactionson your account. If your account is closed by you or us,we
`will continueto chargetheannualmembershipfeeuntilyoupayyourcutctendingbalance
`in full andterminateyour accountrelationship.
`Late Fee:If we do not receive at leastthe requiredminimumpaymentby the date and
`time it is dueasshownonyour billingstatementfor any billingcycle,we maychargethe
`late fee shown in the Ratesand FeesTable.If the late fee is basedon a balance,we
`calculatethe latefee usingthe PreviousBalanceonthe current month'sstatementthat
`shows the late fee. This balanceis the sameas the New Balanceshown on the prior
`month'sstatementfor which we did not receive at leastthe requiredminimumpayment
`bythe dateandtime it was due.
`Overlimit Fee:If your accountbalanceis overyour credit line at anytime duringa billing
`cycle, evenif onlyfor a day,we may charge an overlimitfee. We may charge this fee
`evenifyourbalanceis overthe creditlinebecauseof afinance chargeorfeewe imposed
`or a transactionwe authorized.We will not charge morethan one overlimitfee for any
`billing cycle.Butwe maychargeanoverlimitfee in subsequentbilling cycles,evenif no
`new transactions are madeon your account, if your account balance still is overyour
`credit line at anytime duringthe subsequentbilling cycles.
`ReturnPaymentFee:If (a)your paymentcheck or similarinstrumentis not honored,(b)
`anautomaticdebitor otherelectronic paymentis returnedunpaid,or (c) we mustreturn
`a paymentcheck becauseit is not signed or cannot be processed,we may charge a
`return paymentfee
`ReturnCheckFee:If (a)we stop paymenton a cash advancecheck or balancetransfer
`checkatyour request,or (b)we refuseto paya cashadvancecheck or balancetransfer
`check,we maychargea return checkfee.
`Admmistrative Fees:If you request a copy of a billing statement,sales draft or other
`record of your accountor if you requesttwo or morecards or anyspecial services(for
`example,obtainingcardsonanexpeditedbasis),we maychargeyoufor theseservices.
`However,we will not chargeyou for copiesof billing statements,salesdrafts or similar
`documentsthatyourequestfora billingdisputeyoumayassertagainstusunderapplicable
`law. We maycharge,for any services listed aboveand other serviceswe provide,the
`fees fromtimeto time in effect whenwe offerthe service.
`DEFAULT/COLLECTION
`.
`We mayconsideryouto bemdefaultif anyofthese occurs:
`• Wedonotreceive atleastthe minimumamountduebythe dateandtime dueasshown
`onyour billingstatement·
`• Youexceedyourcreditline.
`• Youfail to complywith the terms of this agreementor any agreementwith one of our
`related companies.
`• We obtaininformationthat causesusto believethat you maybeunwillingor unableto
`payyour debtsto us or to othersontime.
`• Youfile for bankruptcy·
`• Youbecomemcapacitatedor in the eventof your death.
`If we consideryour accountto bein default,we maycloseyour accountwithout notice
`andrequireyouto payyourunpaidbalanceimmediately.Wealsomayrequireyouto pay
`mterestat the rate of two percent(2%)a monthonthe unpaidbalancewhen we deem
`your accountto besix or morebillingcycles past due.
`Tothe extent permittedby law, if you are in default becauseyou havefailed to pay us,
`youwill payour collectioncosts,attorneys'
`fees, court costs, and all other expensesof
`enforcingour rightsunderthis agreement·
`CLOSINGYOURACCOUNT
`Youmay close your account at any time. If you call us to close your account, we may
`requirethat you confirmyour requestin writing.
`Wemaycloseyouraccountat anytime or suspendyour credit privilegesat anytime for
`any reasonwithout prior notice except as required by applicablelaw. If we close your
`account,we will not be liable to you for any cGassÿüGñcGsresulting from closingyour
`account or suspendingyour credit privileges.
`If you or we close your account,you and any authorizedusers must immediatelystop
`usingyour accountanddestroyall cards,checksor othermeansto accessyouraccount
`or returnthemto usuponrequest.Youwill continueto beresponsiblefor chargesto your
`account,evenif they are madeor processedafter your account is closed andyou will
`be requiredto paythe outstandingbalanceon your account accordingto the terms of
`this agreement.In addition,to the extentallowed by law,we mayrequireyouto paythe
`outstandingbalanceimmediatelyor at anytime after your accountis closed.
`ARBITRATIONAGREEMENT
`PLEASEREADTHISAGREEMENTCAREFULLY.IT PROVIDESTHATANY DISPUTEMAY
`BERESOLVEDBYBINDINGARBITRATION.ARBITRATIONREPLACESTHERIGHTTOGO
`TO COURT.YOU WILL NOT BE ABLE TO BRING A CLASSACTION OR OTHER
`REPRESENTATIVEACTIONIN COURTSUCHAS THATIN THEFORMOFA PRIVATE
`ATTORNEYGENERALACTION,NORWILL YOU BE ABLETO BRINGANY CLAIM IN
`ARBITRATIONAS A CLASSACTIONOROTHERREPRESENTATIVEACTION.YOUWILL
`NOTBEABLETOBEPART0FANYCLASSACTIONOROTHERREPRESENTATIVEACTION
`BROUGHTBY ANY0NEELSE,ORBE REPRESENTEDIN A CLASSACTIONOROTHER
`
`REPRESENTATIVEACTION.INTHEABSENCEOFTHISARBITRATIONAGREEMENT,YOU
`ANDWE MAYOTHERWISEHAVEHADA RIGHTOROPPORTUNITYTOBRINGCLAIMS
`INA COURT,BEFOREA JUDGEORJURY,AND/0RTOPARTICIPATEORBEREPRESENTED
`IN A CASEFILEDIN COURTBY OTHERS(INCLUDINGCLASSACTIONSAND OTHER
`REPRESENTATIVEACTIONS).0THERRIGHTSTHATYOUWOULDHAVEIF YOUWENT
`TOA COURT,SUCHAS DISCOVERYORTHERIGHTTOAPPEALTHEDECISIONMAYBE
`MORELIMITED.EXCEPTASOTHERWISEPROVIDEDBELOW,THOSERIGHTSAREWAlVED.
`BindingArbitration.ThisArbitrationAgreementismadepursuanttoatransactioninvolving
`interstate commerce,and shall be governedby and be enforceableunderthe Federal
`ArbitrationAct the"FAA"),9U.S.C.§1-16asit maybeamended.ThisArbitrationAgreement
`setsforththe circumstancesandproceduresunderwhich claims(asdefinedbelow)may
`. beresolvedby arbitrationinsteadof beinglitigatedin court.
`PartiesCovered.Forthe purposesofthis ArbitrationAgreement "we","us",and"our"also
`includesourparent,cyheidinrios,affiliates,licensees,predecessors,successors,assigns,
`any purchaserof your Account, and all of their officers, directors, employees,agents,
`andassignsor anyandall ofthem.Additionally "we","us"and"our"shallinclude anythird
`partyprovidingbenefits,services,or productsmconnectionwith theAccount(including
`but not limitedto credit bureaus,merchantsthat accept any credit deviceissuedunder
`the Account, rewards programsand enrollmentservices,credit insurancecompanies,
`debtcollectors,andall oftheir officers,directors,employees,agentsandreproccatctn;aa)
`if, andonlyif, suchathird partyis namedbyyou asa cc defendentmanyClaimyouassert
`agamstus.
`Claims Covered.Eitheryou or we may,without the other's consent,elect mandatory,
`bindingarbitrationof any claim, dispute or controversyby either you or us againstthe
`other,or againstthe employees,parents,subsidiaries,affiliates,beneficiaries,agentsor
`assignsof the other, ansing from or relating m any way to the BusinessCard Credit
`Agreement,anyprior BusinessCardCreditAgreement,your credit card Account or the
`advertising,applicationor approvalofyourAccount("Claim").ThisArbitrationAgreement
`governsall Claims,whethersuch Claimsare basedonlaw, statute,contract,regulation,
`ordinance,tort, commonlaw,censtitut!enalprovision,or anylegaltheory of law such as
`respondeatsuperior,or any other legal or equitableground and whether such Claims
`seek as remediesmoneydamages,penalties,injunctions,or declaratoryor equitable
`relief. Claims subject to this Arbitration Agreement include Claims regarding the
`applicabilityofthisArbitrationAgreementorthe validityofthe entireBusinessCardCredit
`Agreementor any prior BusinessCard CreditAgreement.This Arbitration Agreement
`includesClaimsthat arosein the past,or arise in the presentor the future. As usedin
`this ArbitrationAgreement,the term Claimis to begiventhe broadestpossiblemeaning.
`Claimssubjectto arbitrationincludeClaimsthat aremadeascounterclaims,crossclaims,
`third party claims,iniwpleàders or otherwise,anda partywho initiates a proceedingin
`court mayelect arbitrationwith respectto any such Claimsadvancedin the lawsuit by
`anypartyor parties.
`As an exceptionto this Arbitration Agreement,you retain the right to pursuein a small
`claimscourtanyClaimthat iswithinthat court sjurisdictionandproceedsonan:ndividue!
`basis.Ifa partyelectsto arbitratea Claim,thearbitrationwill beconductedasanindividual
`action. Neitheryou nor we agreeto any arbitration on a class or representativebasis,
`andthe arbitratorshallhaveno authorityto proceedonsuchbasis.Thismeansthat even
`if a classactionlawsuitor otherrepresentativeaction,suchasthatin theformof a private
`attorneygeneralaction,isfiled,anyClaimbetweenusrelatedto the issuesraisedin such
`lawsuitswill besubjectto an individualarbitrationclaim if eitheryouor we so elect.
`No arbitrat