Common use of Cardholder Service Matters Clause in Contracts

Cardholder Service Matters. 1. Seller shall discontinue accepting applications for Accounts to be opened upon the earlier of sixty (60) days before the Conversion Date, or the launch of the Seller’s credit card program pursuant to the terms of the Joint Marketing Agreement, and in any case, pursuant to the timing established in Schedule B or, at Purchaser’s option, immediately upon Purchaser’s written notice to Seller. Should Seller receive any application for an Account after it has discontinued accepting applications, Seller shall forward such application to Purchaser for processing and simultaneously forward a letter to the applicant informing such applicant of the discontinuation of the Seller’s program and substitution of Purchaser’s program (which letter shall be in a standard form approved by Purchaser).

Appears in 4 contracts

Samples: Account Purchase Agreement, Credit Card Account Purchase Agreement (Fulton Financial Corp), Credit Card Account Purchase Agreement (Columbia Bancorp \Or\)

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