Cardholder Terms Clause Samples

Cardholder Terms. The terms and conditions of the Accounts as of the Effective Date shall be set forth on Schedule 4.7(a).

Cardholder Terms. (i) Subject to Applicable Law, Bank shall initially charge each Cardholder the rates and fees set forth in Schedule 3.6(d) (the “Cardholder Terms”). (ii) See also Schedule 3.6(d).

Cardholder Terms. (a) The terms and conditions of all Purchased Accounts shall be the terms and conditions applicable to the Account type immediately prior to the Effective Date, including the terms and conditions set forth on Schedule 4.7, provided that, at the request of NMG, the Parties shall take such actions in accordance with this Agreement as may be required to convert the Accounts specified in Schedule 4.7 to the new terms and conditions specified in Schedule 3.2(e). Additional changes to the terms and conditions of the Accounts may be made only in accordance with Article III. (b) The account numbers and BINs of all Purchased Accounts shall remain the same after the Effective Date.

Cardholder Terms. The initial Cardholder credit terms under the Program are set forth on Schedule 7.3. Retailer acknowledges that Co-Brand Credit Cards and Private Label Credit Cards may be subject to different financial and/or other Cardholder Agreement terms. Such initial terms shall only be modified upon approval of the Operating Committee, provided, however, that Bank may modify such terms without the prior approval of the Operating Committee as required by Applicable Law or Reasonable Financial Services Practices or to the extent comparable modifications are made to the terms of the Majority of Comparable Programs.

Cardholder Terms. (a) The terms and conditions of all Purchased Accounts and of all new Accounts originated on and after the Effective Date shall be the terms and conditions applicable to the Account type immediately prior to the Effective Date, including the terms and conditions set forth on Schedule 4.7; provided, however, that changes to the terms and conditions of the Accounts may be made only in accordance with Article III. (b) Except as otherwise agreed by FDS, the card association for all Co-Branded Credit Cards shall be Visa International Inc. and Visa U.S.A. Inc. or any successor thereto. Except as otherwise approved by the Operating Committee, Bank (or CEBA Bank to the extent that Bank has assigned this Agreement to CEBA Bank pursuant to Section 18.2) shall be, at all times during the Term, a Participating Member in the VISA Partnership Program, or any successor thereto. (c) Unless otherwise agreed by the Parties, (i) the account numbers, BINs and expiration date of all FDS Accounts shall remain the same after the Effective Date, (ii) the account numbers, BINs and expiration date of all GE/Macy's Accounts shall remain the same after the Second Closing Date, and (iii) the account numbers, BINs and expiration date of all May Accounts shall remain the same after the Third Closing Date

Cardholder Terms. Bank may establish and modify the ordinary finance charge rates applicable to credit extended to Cardholders. Bank may also establish (and modify from time to time) all other terms upon which credit will be extended to Cardholders, including without limitation, repayment terms, default finance charges, late fees, overlimit charges, returned check charges, and other ordinary fees and charges. Bank shall consult with Retailer and give notice to Retailer prior to amending or modifying the finance charge rates and fees set forth on Schedule 6.3.

Cardholder Terms. (a) The terms and conditions of the Purchased Accounts shall be amended as soon as practicable following the Effective Date to be, and the terms and conditions of all Accounts and any Business Lines of Credit originated following the Effective Date shall be, as set forth on Schedule 4.7(a). Changes to the terms and conditions of the Accounts set forth on such Schedule shall be made only by mutual agreement of the Parties, except to the extent such change is required by Applicable Law. Changes to other terms and conditions of the Accounts may be made only with the approval of the Bank and shall be made by the Bank only after consultation with, and taking into account the reasonable comments of, the Company.

Cardholder Terms. The initial Cardholder credit terms under the Program are set forth on Schedule 7.3. Such initial terms shall only be modified upon approval of the Operating Committee, provided, however, that Bank may modify such terms without the prior approval of the Operating Committee as required by Applicable Law or Reasonable Financial Services Practices, and provided further that comparable modifications are made to the terms of the majority of Bank’s other comparable credit card programs involving retailers and/or department stores.

Cardholder Terms. (a) The terms and conditions of all Accounts shall be the terms and conditions specified in Schedule 4.7(a). Additional changes to the terms and conditions of the Accounts may be made only in accordance with Article III. (b) The account numbers and BINs of all Purchased Accounts shall remain the same after the Effective Date. SCHEDULE 4.7(a) - Cardholder Terms Annual Fee No annual fee, except for $50 NM Gold Card program membership fee. Late Payment or Late Fee (at cycle) Based upon two prior month’s statement balance: · $20-$49.99 Balance = $10.00 · $50-$149.99 Balance = $20.00 · $150+ Balance = $29.00 Returned Check Fees (BG to be standardized as NM) $25 per returned check Minimum Payment Amount (BG to be standardized as NM) 10% of billed balance (but at least $25 rounded up to the nearest $10). Minimum Finance Charge $.50 Standard APR 21.0% APR for Cardholders who reside in any state but Michigan or Colorado (or at NMG’s election, all Cardholders other than 1,500 VIP Accounts plus up to 5,000 other Accounts). Prime + 15% for Cardholders who reside in Michigan or Colorado. Grace Period for the Imposition of Late Fees 8 days after the payment due date Grace Period for the Reoayment of Purchases 27 days Method of Computing the Balance for Purchases Average Daily Balance (including new purchases)