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Res. #11-025 - Corporate MasterCard Account
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Res. #11-025 - Corporate MasterCard Account
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11/3/2011 12:20:03 PM
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10/28/2011 10:25:59 AM
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(6) Foreign Currency Transaction Markup and Refund will be charged at a <br /> rate of 2.5 %. <br /> B. Payment Due Date. The Payment Due Date shall be seven (7) days after the <br /> Monthly Billing Date. <br /> C. Card Currencies and Card Rate(s). <br /> (1) U.S. dollar. The Card Rate for U.S. dollar Cards shall be the Bank's U.S. <br /> Prime Rate plus 7 %. The U.S. Prime Rate is the rate announced by the Bank from time <br /> to time as its prime interest rate for U.S. dollar loans. The Card Rate shall change <br /> automatically upon a change in the U.S. Prime Rate, without notice to the Member. <br /> D. Program Administrator. The Member hereby designates each of the persons whose <br /> name, title, address, numbers and signature appears below as its Program Administrator: <br /> Name: <br /> Title: <br /> Address: <br /> Telephone number: <br /> Fax number: <br /> Signature of Program Administrator: <br /> Name: <br /> Title: <br /> Address: <br /> Telephone number: <br /> Fax number: <br /> Signature of Program Administrator: <br /> Name: <br /> Title: <br /> Address: <br /> Telephone number: <br /> Fax number: <br /> Signature of Program Administrator: <br /> E. Member Service Procedures. <br /> Notices to the Bank and Authorization Procedures. The Bank must be notified in <br /> writing when the Member wishes to amend the participation conditions of the Bank's <br /> Corporate MasterCard program under the Agreement. Documentation authorized by a <br /> Program Administrator must accompany requested changes to: <br /> • add employees to the program; <br /> -2- <br />
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