Common use of Account Agreements and Credit Card Guidelines Clause in Contracts

Account Agreements and Credit Card Guidelines. Subject to --------------------------------------------- compliance with all Requirements of Law, the failure to comply with which would have a material adverse effect on the Purchaser or the Certificateholders, the Seller or the Servicer may change the terms and provisions of the Account Agreements or the Credit Card Guidelines in any respect (including, without limitation, the calculation of the amount, or the timing, of charge offs of Receivables) as follows: (i) if the Seller owns a comparable segment of accounts, then such change shall be made applicable to such comparable segment of the accounts owned and serviced by the Seller that have characteristics the same as, or substantially similar to, the Accounts that are the subject of such change, and (ii) if the Seller does not own such a comparable segment, then the Seller will not make or cause to be made any such change with the intent to materially benefit the Seller over the Purchaser or the Certificateholders.

Account Agreements and Credit Card Guidelines. Subject to --------------------------------------------- compliance with all Requirements of Law, the failure to comply with which would have a material adverse effect on the Purchaser or the Certificateholders, the Seller or the Servicer may change the terms and provisions of the Account Agreements or the Credit Card Guidelines in any respect (including, without limitation, the calculation of the amount, or the timing, of charge offs of Receivables) as follows: (i) if the Seller owns a comparable segment of accounts, then such change shall be made applicable to such comparable segment of the accounts owned and serviced by the Seller that have characteristics the same as, or substantially similar to, the Accounts that are the subject of such change, and (ii) if the Seller does not own such a comparable segment, then the Seller will not make or cause to be made any such change with the intent to materially benefit the Seller over the Purchaser or the Certificateholders.

Account Agreements and Credit Card Guidelines. Subject to --------------------------------------------- compliance with all Requirements of Law, the failure to comply with which would have a material adverse effect on the Purchaser or the Certificateholders, the Seller or the Servicer may change the terms and provisions of the Account Agreements or the Credit Card Guidelines in any respect (including, without limitation, the calculation of the amount, or the timing, of charge offs of Receivables) as follows: (ia) if the Seller owns a comparable segment of accounts, then such change shall be made applicable to such comparable segment of the accounts owned and serviced by the Seller that have characteristics the same as, or substantially similar to, the Accounts that are the subject of 21 25 such change, and (ii) if the Seller does not own such a comparable segment, then the Seller will not make or cause to be made any such change with the intent to materially benefit the Seller over the Purchaser or the Certificateholders.