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HomeMy Public PortalAboutRES-CC-1983-16"ORPORATE VISA CARD APPLICATIC"' AND AGREEMENT This VISA Card Application and Agreement is entered into on this l T� �1 day of /7a_ Cru S T 19 g , by and between First Security Bank of Utah, National Association ("Bank") and /"2a/9.6' y ry ("Corporation"), whose principal place of business is located at /mod c .-;tir • WHEREAS, Corporation has applied for VISA cards to be issued to Corporation and used by its officers, employees, and agents as listed below; and b3 -� WHEREAS, Bank has agreed to issue such VISA cards to the employees and agents of Corporation: NOW, THEREFORE, Bank and Corporation hereby enter into this Agreement on the following terms and conditions: CORPORATION AGREES THAT: 1. If ten or more VISA cards are issued to corporation under this Agreement for use by its officers, employees, and agents, it shall assume all liability for any and all indebtedness incurred by the unauthorized use of such cards. 2. It shall assume all liability for any and all indebtedness incurred by its officers', employees', and agents' authorized use. 3. Each officer, employee, or agent whose name is embossed on a card issued under this Agreement is an "authorized user" of such card. 4. It will provide Bank a current financial statement on an annual basis, the first such statement to be submitted one (1) year from the date of this Agreement. 5. If any of its corporate assets or stock are sold or transferred other than in its ordinary course of business, or if such sale or transfer occurs in an isolated transaction, then it shall notify Bank in writing of such sale or transfer. 6. If there is any change in officers designated by Corporation, Corporation shall notify Bank within thirty (30) days after said change. 7. Bank may issue VISA credit cards to any officers, employees, or agents of Corporation as designated in a written request by any authorized agent of Corporation. If Bank is not notified in writing within five (5) days after issuing such credit cards that Corporation does not want such cards issued, then Corporation agrees that such issuance is authorized. 8. From time to time Bank may adjust the maximum credit limit for each card issued under this Agreement. If Bank is not notified in writing within five (5) days after adjusting said credit limit, then Corporation agrees that such adjustment is authorized. 9. This Agreement may be terminated upon written notice by Bank or by Corporation, but Corporation shall remain liable for indebtedness incurred under this Agreement up to date of termination. 10. It will comply with all terms and conditions of the Cardholder agreement and Disclosure Statement to be delivered to the Corporation with each VISA card issued hereunder. 11. If any provision of this Agreement is determined to be unenforceable, Corporation shall be bound by all other provi- sions. Corporation agrees to pay upon demand any and all costs incurred by Bank in the enforcement of this Agreement, in- cluding reasonable attorney's fees, court costs and costs on appeal. BANK AGREES THAT: 1. The list of officers, employees, and agents listed below is an initial list and that said list may be updated, in writing, by Corporation. 2. It will confirm, in writing, any additional cards requested by Corporation and issued to its agents and employees. 3. It will confirm, in writing, any adjustment in the credit limit for cards issued under this Agreement. 4. The VISA Card Holder Agreement and Disclosure Statement, periodic billing statements and other notices in connec- tion with VISA cards issued hereunder will be delivered to Corporation by letter addressed to a designated employee or agent at the business address of Corporation. First Security Bank of Utah, N.A. By CG70 UTAH R 9/81 PS Title AbbtT16)00v- 4/5T` By Corporation 77ay4% -ere- c.1.<-� J / y /94y1iet7i5r/9/97o /e-eo,er��,C' Title APPLICANT OR GUARANTOR INFORIIAATION BUSINESS INFORMATION NAME OF BUSINESS /2961,26. (: r/ ADDRESS /6 G) e--,1)%,e S fi2L') lei g //-7-#4/-/ 6 -3/6`3, SOLE PROPRIETORSHIP ❑ PARTNERSHIP ❑ NATURE OF BUSINESS 0CVLJL4--je//)»7 ./L)T- GUARANTOR ❑ [TANK RELATIONSHIP ❑ CHECKING ACCT. ❑ SAVINGS ACCT. LOAN t3FIeEOrit)a gedb❑ NONE L" 1 CERTIFICATE OF DEPOSIT L'Jd' MONEY MARKET ❑ OTHER INDIVIDUAL INFORMATION -SOLE PROPRIETORSHIP -PARTNER -GUARANTOR r.AME LAST FIRST , MIDDLE DATE OF BIRTH HOME PHONE SOCIAL SECURITY NUMBER :TGiEET ADDRESS CITY STATE ZIP CODE YRS. MOS. OWN RENT OTIIER (I 11 I REVIOUS ADDRESS CITY STATE ZIP CODE YRS. MOS. NUMBER OF DEPENDENTS l Y.PLOYERS NAME ADDRESS CITY STATE ZIP CODE HOW LONG YRS. MOS i I.LLLNT POSITION BUSINESS PHONE MONTHLY $ GROSS INCOME OTHER INCOME* SOURCE OF OTHER INCOME ; ',I. V,0US EMPLOYER ADDRESS CITY STATE ZIP CODE HOW LONG YRS. MOS. ,•AME. ADDRESS. AND TELEPHONE NUMBER OF A RELATIVE NOT LIVING WITH YOU PERSONAL CREDIT INFORMATION t 1;1 all monthly payment uhlic�ations and credit references. Attach on :dd lional sheet if necessary. . MORTGAGE HOLDER OR LANDLORD BALANCE MO. PAYMENT CREDITOR ADDRESS BALANCE MO PAYMENT CREDITOR ADDRESS fIALANCE MO. PAYMENT CREDITOR ADDRESS BALANCE MO PAYMENT CREDITOR ADDRESS BALANCE MO PAYMENT CREDITOR ADDRESS BALANCE m0 PAYMENT APPLICANT'S FINANCIAL INSTITUTION BRANCH CHECKING ACCT. NUMBER ....._...— YES ❑ NO O ._ .. _ _.._ SAVING$ ACCT YES ❑ NO NUMBER _----...---._ --- EVERYTHING THAT I HAVE STATED ON THIS APPLICATION IS TRUE TO THE BEST OF MY KNOWLEDGE I UNDERSTAND THAT YOU WILL RETAIN THIS APPLICATION WHETHER OR NOT IT IS APPROVED. YOU ARE AUTHORIZED TO LHECK MY CREDIT AND EMPLOYMENT I IISTORY. SIGNATURE e/r/ /9.07/A /ST/egr e. / TITLE -34 REV. vet 25M • MOAB CITY CORPORATION AUTHORIZED SIGNATURES FOR VISA CARD ACCOMODATIONS THOMAS A. STOCKS MARK HOLLOWATY BARBARA J. McLEOD FRANK R. KELLEY KAREN L. COURSEY ROSS LEECH LARRY S. JOHNSON DANIEL K. ISON ROGER D. COURSEY RICHARD L. HAYCOCK BRIAN R. BALLARD BRUCE D. BALLARD KENNETH E. BOHN KERRIE L. HILL ROXIE A. MALLON J. SCOTT MALLON CLARK R. MESSICK DOUGLAS R. MORCK ERNEST V. STEELE EMIL D. SCHOCKNMYER Ask f CERTIFICATE OF CORIMITE RESOLUTION TO OBTAIN VISAORD ACCOMMODATIONS WHEREAS, this corporation //)?41A4(5 &/ 7y 610/E7P4497;364! incorporated under the laws of the state of 779hi ("Corporation"), desires to obtain financial accommodations from FIRST SECURITY BANK OF UTAH, National Association ("BANK"), through the use of one or more VISA Cards issued to this Corporation In the name of certain of its employees and agents; and WHEREAS, this Corporation intends to authorize certain of its employees and agents to use such VISA Cards for and in connection with corporate business; and WHEREAS, BANK will not extend such accommodations and issue such VISA Cards unless this Corporation agrees to all the terms and conditions of the BANK'S Corporate VISA Card Application and Agreement, including (without limitation) that this Corporation assume sole responsibility (and liability) for the use of such VISA Cards (whether or not such use and the indebtedness incurred thereby was authorized by Corporation) and this Corporation shall reply the same, plus finance charges, in accordance with the terms and conditions of the BANK'S Cardholder Agreement and Disclosure Statement; and WHEREAS, it is deemed in the best interest of this Corporation to obtain the financial accommodations offered by BANK on the terms and conditions hereinbefore set forth; NOW THEREFORE, BE IT RESOLVED that this Corporation apply to BANK for the issuance of one or more VISA Cards in the name of those employees and agents as, in the judgement of the officer or officers hereinafter authorized, this Corporation may from time to time require; _ RESOLVED FURTHER, that / 7/74,e /D/2 377)Gie5 , the President, or , the Vice President, and i7/9/e/ie f{d 44 O 43 N?,y , the Secretary, or hereby are authorized, directed, and empowered, in the name of this Corporation, to select from time to time those employees and agents of this Corporation in whose names such Cards are to be issued, and apply to BANK for the is- suance of such VISA Cards, and to execute such application forms and agreements in connection therewith as BANK mey re- quire, and to ph all indebtness Incurred by use of such VISA Cards, whether authorized or unauthorized. RESOLVED FURTHER, that BANK is authorized to act upon this resolution until written notice of its revocation is delivered to BANK and the agreements executed by Corporation in connection therewith are terminated as therein provided, and that the authority hereby granted shall apply with equal force and effect to the successors in office of the officers herein named. �j I, WO � , Secretary.of /970/Qd e/7 / , a corporation, incorporated under the laws of the State of Zi 74 h' , do hereby certify that the foregoing is a full, true and correct copy of a resolution of the Board of Directors of said Corporation, duly and regularly passed and adopted at a meeting of the Board of Directors of said Corporation which was duly and regularly called and held in all respects as required by law, and by the bylaws of said Corporation, at the office thereof on the day of , 19 , at which meeting a majority of the Board of Directors of said Corporation was present and voted in favor of said resolution, and that that resolution has not been modified or rescinded, and is in full force and effect. IN WITNESS WHEREOF, I have hereunto set my hand as such Secretary, and affixed the corporate seal of said Corpora- tion, this day of , 19 Corporate Seal Secretary r CC•88 UTAH Rev. 3/82 PS