Credit and Charge Cards Sample Clauses

Credit and Charge Cards. 2.10.1 The parties agree that Client Agreements in respect of credit and charge cards to be transferred by each Business Seller to the Purchaser shall be the Client Agreements in respect of those credit and charge cards held by the Customers of that Business Seller at the Relevant Closing, which if Closing was at the date of this Agreement would be approximately *** credit and charge cards (*** with respect to Retail Customers and *** with respect to SME Customers) with an aggregate balance sheet value of approximately £*** (£*** Retail Customers and £*** SME Customers). 2.10.2 The parties agree that the Business Sellers shall bear any costs payable by the Business Sellers to Total System Services in connection with the transfer of the credit and charge cards of Customers to the Purchaser under the terms of this Agreement. 2.10.3 The parties agree that the provisions of Clauses 5 and 13 shall apply to credit and charge cards with effect from the date of this Agreement. However, the Purchaser acknowledges and agrees that the Business Sellers shall not be in breach of Clause 5.1 in the event that the Business Sellers (or any of them), in each case acting reasonably and in good faith, and otherwise in the ordinary course of business (a) enter into a new Client Agreement with a Customer in respect of the Customer’s credit and/or charge card substantially in the form of the relevant Standard Form Client Agreement and on substantially the same terms as the credit and charge card portfolio of the Excluded Business, (b) change the credit limit of a Customer in respect of the Customer’s credit and/or charge card in a manner consistent with the methods and practices used by the Business Sellers in respect of the credit and charge card portfolio of the Excluded Business, and (c) *** or documents which are required to be issued by Law and Regulation in respect of a Customer’s credit card and/or charge card, in each case in order to *** the Business Sellers to the Purchaser after the Relevant Closing which may reasonably be expected to arise as a result (directly or indirectly) of *** the Customer that the Client Agreement or Loan Guarantee/Security in respect of the Customer’s Credit Card is *** and/or the Customer’s balance shall have been ***. 2.10.4 The Business Sellers shall use reasonable endeavours prior to the Relevant Closing to *** (including by taking such actions as are referred to in, and permitted by, Clause 2.10.3) any Client Agreements in respect of cre...
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Related to Credit and Charge Cards

  • Credit and Collection Policies Comply in all material respects with its Credit and Collection Policy in connection with the Receivables that it generates and all Contracts and other agreements related thereto.

  • Credit and Collection Policy The Servicer has complied in all material respects with the Credit and Collection Policy with regard to each Pool Receivable and the related Contracts.

  • Data Collection, Processing and Usage The Company collects, processes and uses the International Participant’s personal data, including the International Participant’s name, home address, email address, and telephone number, date of birth, social insurance number or other identification number, salary, citizenship, job title, any shares of Common Stock or directorships held in the Company, and details of all Equity Awards or any other equity compensation awards granted, canceled, exercised, vested, or outstanding in the International Participant’s favor, which the Company receives from the International Participant or the Employer. In granting the Equity Award under the Plan, the Company will collect the International Participant’s personal data for purposes of allocating shares of Common Stock and implementing, administering and managing the Plan. The Company’s legal basis for the collection, processing and usage of the International Participant’s personal data is the International Participant’s consent.

  • CREDIT AND COLLATERAL REQUIREMENTS The applicable credit and collateral requirements are specified on the Cover Sheet.

  • Data Collection and Usage The Company and the Employer collect, process and use certain personal information about the Participant, including, but not limited to, the Participant’s name, home address and telephone number, email address, date of birth, social insurance, passport or other identification number, salary, nationality, job title, any Shares or directorships held in the Company, details of all restricted stock units or any other entitlement to Shares or equivalent benefits awarded, canceled, exercised, vested, unvested or outstanding in the Participant’s favor (“Data”), for the legitimate purpose of implementing, administering and managing the Plan. The legal basis, where required, for the processing of Data is the Participant’s consent.

  • Modifications to Contracts and Credit and Collection Policy Such Seller Party will not make any change to the Credit and Collection Policy that could adversely affect the collectability of the Receivables or decrease the credit quality of any newly created Receivables. Except as provided in Section 8.2(d), Servicer will not extend, amend or otherwise modify the terms of any Receivable or any Contract related thereto other than in accordance with the Credit and Collection Policy.

  • Compliance with Credit and Collection Policy Such Seller Party has complied in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract, and has not made any material change to such Credit and Collection Policy, except such material change as to which Agent and each Purchaser Agent have been notified in accordance with Section 7.1(a)(vii) and receipt Agent’s and each Purchaser Agent’s consent to the extent referenced therein.

  • Change in Business or Credit and Collection Policy The Seller will not make any change in the character of its business or in the Credit and Collection Policy that would, in either case, materially adversely affect the collectibility of the Receivables Pool or the ability of the Seller to perform its obligations under this Agreement.

  • Compliance with Contracts and Credit and Collection Policy Originator will timely and fully (i) perform and comply with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables, and (ii) comply in all respects with the Credit and Collection Policy in regard to each Receivable and the related Contract.

  • Change in Credit and Collection Policy At least thirty (30) days prior to the effectiveness of any material change in or material amendment to the Credit and Collection Policy, a copy of the Credit and Collection Policy then in effect and a notice (A) indicating such change or amendment, and (B) if such proposed change or amendment would be reasonably likely to adversely affect the collectibility of the Receivables or decrease the credit quality of any newly created Receivables, requesting the Agent's consent thereto.

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