Common use of Applicable Law/Operating Procedures Clause in Contracts

Applicable Law/Operating Procedures. The Bank Companies shall at all times during the Term comply in all material respects with Applicable Law affecting their obligations under this Agreement and the Operating Procedures. Bank shall at all times during the Term maintain a federal bank charter and continue its existence as a bank under the laws of the United States.

Appears in 2 contracts

Samples: Program Agreement (Neiman Marcus Group Inc), Credit Card Program Agreement (Neiman Marcus, Inc.)

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Applicable Law/Operating Procedures. The Bank Companies shall at all times during the Term comply in all material respects with Applicable Law affecting their obligations under this Agreement and the Operating Procedures. Bank shall at all times during the Term maintain a federal its bank charter or such other charter that will permit it to fulfill all of its obligations hereunder and continue its existence as a bank under the laws of the United StatesFDIC insurance.

Appears in 1 contract

Samples: Private Label Credit Card Program Agreement (Kohls Corporation)

Applicable Law/Operating Procedures. The Bank Companies shall at all times during the Term comply in all material respects with Applicable Law affecting their its obligations under this Agreement and the Operating Procedures. Bank shall at all times during the Term maintain a its federal bank charter and continue its existence as a bank under the laws of the United Statescharter.

Appears in 1 contract

Samples: Credit Card Program Agreement (Macy's, Inc.)

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Applicable Law/Operating Procedures. The Bank Companies shall at all times during the Term term comply in all material respects with Applicable Law affecting their obligations under this Agreement and the Operating Procedures. Bank shall at all times during the Term term maintain a federal bank charter and continue its existence as a bank under the laws of the United States.

Appears in 1 contract

Samples: Credit Card Program Agreement (Pier 1 Imports Inc/De)

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