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76-076
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Last modified
1/3/2012 12:34:27 PM
Creation date
6/26/2003 10:46:48 AM
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City Clerk
Doc Type
Resolution
Doc #
76-76
Date
7/19/1976
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CORPORATE BANKAMERICARD AGREEMENT <br /> <br />TO: BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION <br /> <br />The undersigned corporation, (hereinafter called the "Company"), whose principal <br /> <br />place of business is at 20 Civic Center Plaza, Santa Ana, CA 92701, , <br />will from time to time request in writing that you issue BankAmericards to and in the name of <br />the Company. <br /> <br /> The Company hereby agrees to assume sole responsibility for use of any Bank- <br />Americard so issued and to pay you all indebtedness incurred by the use of any such BankAmer- <br />icard up toand including thedate anysuch BankAmericard expires in accordance with the expiration <br />datethereon or isreturned to your possessionbythe Company, or in the event such card(s) is lost, <br />the date you are so notified in writing, whether or not such use or indebtedness incurred thereby <br />was authorized and without any duty or obligation on your part to inquire as to the circumstances <br />of such use, or to ascertain the genuineness of any signature on any instrument of agreement <br />evidencing such use or indebtedness. Companyfurther agreesto immediately notify you in writing <br />of any organizational change, including, but not limited to, merger, consolidation, reorganization, <br />commencement of doing business as successor partnership or sole proprietorship. <br /> <br /> The Company agrees (1) to notify you promptly in writing of the loss of any Bank- <br />Americard; (2) that any and all BankAmericards issued hereunder may be cancelled by you at any <br />time; (3) to surrender any arid all BankAmericards upon demand; (4) to waive and release you from <br />all defenses, rights and claims the Company may have against any merchant or company honoring <br />any BankAmericard; and (5) that any claim by you against the Company shall at your opt ion become im- <br />mediately due and payable if theCompany fails to perform any terms hereof or make any payments <br />as otherwise agreed. <br /> <br /> The Company agrees to pay Bank the amount of all credit extended on the basis of <br />the BankAmericard account together with such finance and other charges then applicable to Bank's <br />BankAmericard program as from time to time in effect, <br /> <br />This agreement shall be binding upon the successors and assigns of Company. <br /> <br />Dated July 19, 1976 <br /> <br />TPL-962 1/75 (Rev.) <br /> <br />City of Santa Ana <br /> <br />NAME OF CORPORATION <br /> <br />Clerk of the Council <br /> <br /> Cit,/Attome <br /> <br /> <br />
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