Common use of Credit Card Agreements and Guidelines Clause in Contracts

Credit Card Agreements and Guidelines. Subject to compliance with all Requirements of Law, and the paragraph above, the Seller may change the terms and provisions of the Credit Agreements or the applicable Credit Card Guidelines of the Seller in any respect (including the calculation of the amount or the timing of charge-offs and the Periodic Finance Charges to be assessed thereon). Notwithstanding the above, unless required by Requirements of Law or as permitted by the paragraph above, the Seller shall take no action with respect to the applicable Credit Agreements or the applicable Credit Card Guidelines of the Seller, which, at the time of such action, the Seller reasonably believes will have a material adverse effect on the holders of certificates in the Affinity Trust. The Household Credit Card Master Trust I (the “Base Trust”): Pursuant to the Amended and Restated Receivables Purchase Agreement (as may be amended from time to time, the “HFC Card RPA”), dated as of July 1, 2002, between HRAC II and HFC Card, HRAC II has sold and will, from time to time, continue to sell certain Purchased Assets to HFC Card. Pursuant to the Pooling and Servicing Agreement (as amended and supplemented and as may be further amended and supplemented from time to time, the “Base Trust PSA”), dated as of December 1, 1995, among HFC Card (as successor in interest to Household Card Funding Corporation), Household Finance Corporation and The Bank of New York, as Trustee (the “Trustee”) of the Base Trust, HFC Card has sold and will, from time to time, continue to sell certain Purchased Assets to The Bank of New York, as Trustee of the Base Trust. With respect to the Base Trust, references in the Agreement to Schedule 3 shall refer to the following: Trust – The Household Credit Card Master Trust I Purchaser – HFC Card Trustee – The Bank of New York Servicer – Household Finance Corporation The applicable agreements – The HFC Card RPA and the Base Trust PSA

Credit Card Agreements and Guidelines. Subject to compliance with all Requirements of Law, and the paragraph above, the Seller may change the terms and provisions of the applicable Credit Agreements or the applicable Credit Card Guidelines of the Seller in any respect (including the calculation of the amount or the timing of charge-offs and the Periodic Finance Charges to be assessed thereon). Notwithstanding the above, unless required by Requirements of Law or as permitted by the paragraph above, the Seller shall take no such action with respect to the applicable Credit Agreements or the applicable Credit Card Guidelines of the Seller, which, unless (i) at the time of such action, the Seller reasonably believes that such action will not cause an Adverse Effect, and (ii) such change is made applicable to any comparable segment of accounts owned by the Seller which have a material adverse effect on characteristics the holders same as, or substantially similar to, such Accounts or Additional Accounts that are the subject of certificates in such change, except as otherwise restricted by an endorsement, sponsorship, or other agreement between the Affinity TrustSeller and an unrelated third party or by the terms of the Credit Agreement. The Household Affinity Credit Card Master Trust I (the “Base Affinity Trust”): Pursuant to the Amended and Restated Receivables Purchase Agreement (as may be amended from time to time, the “HFC Card HAFC II RPA”), dated as of July March 1, 2002, between HRAC II and HFC CardHAFC II, HRAC II has sold and will, from time to time, continue to sell certain Purchased Assets to HFC CardHAFC II. Pursuant to the Amended and Restated Pooling and Servicing Agreement (as amended and supplemented and as may be further amended and supplemented from time to time, the “Base Affinity Trust PSA”), dated as of December August 1, 19951993, among HFC Card HAFC II (as successor in interest to Household Card Affinity Funding Corporation), Household Finance Corporation and The Bank of New York, as Trustee (the “Trustee”) of the Base Affinity Trust, HFC Card HAFC II has sold and will, from time to time, continue to sell certain Purchased Assets to The Bank of New York, as Trustee of the Base Affinity Trust. With respect to the Base Affinity Trust, references in the Agreement to Schedule 3 shall refer to the following: Trust – The Household Affinity Credit Card Master Trust I Purchaser – HFC Card HAFC II Trustee – The Bank of New York Servicer – Household Finance Corporation The applicable agreements – The HFC Card HAFC II RPA and the Base Trust PSA

Credit Card Agreements and Guidelines. Subject to compliance with all Requirements of Law, and the paragraph above, the Seller may change the terms and provisions of the Credit Agreements or the applicable Credit Card Guidelines of the Seller in any respect (including the calculation of the amount or the timing of charge-offs and the Periodic Finance Charges to be assessed thereon). Notwithstanding the above, unless required by Requirements of Law or as permitted by the paragraph above, the Seller shall take no action with respect to the applicable Credit Agreements or the applicable Credit Card Guidelines of the Seller, which, at the time of such action, the Seller reasonably believes will have a material adverse effect on the holders of certificates in the Affinity Trust. The Household Credit Card Master Trust I (the “Base Trust”): Pursuant to the Amended and Restated Receivables Purchase Agreement (as may be amended from time to time, the “HFC Card RPA”), dated as of July 1, 2002, between HRAC II and HFC Card, HRAC II has sold and will, from time to time, continue to sell certain Purchased Assets to HFC Card. Pursuant to the Pooling and Servicing Agreement (as amended and supplemented and as may be further amended and supplemented from time to time, the “Base Trust PSA”), dated as of December 1, 1995, among HFC Card (as successor in interest to Household Card Funding Corporation), Household Finance Corporation and The Bank of New York, as Trustee (the “Trustee”) of the Base Trust, HFC Card has sold and will, from time to time, continue to sell certain Purchased Assets to The Bank of New York, as Trustee of the Base Trust. With respect to the Base Trust, references in the Agreement to Schedule 3 shall refer to the following: Trust – — The Household Credit Card Master Trust I Purchaser – — HFC Card Trustee – — The Bank of New York Servicer – — Household Finance Corporation The applicable agreements – — The HFC Card RPA and the Base Trust PSA

Credit Card Agreements and Guidelines. Subject to compliance with all Requirements of Law, and the paragraph above, the Seller Bank may change the terms and provisions of the applicable Credit Agreements or the applicable Credit Card Guidelines of the Seller Bank in any respect (including the calculation of the amount or the timing of charge-offs and the Periodic Finance Charges to be assessed thereon). Notwithstanding the above, unless required by Requirements of Law or as permitted by the paragraph above, the Seller Bank shall take no such action with respect to the applicable Credit Agreements or the applicable Credit Card Guidelines of the Seller, which, unless (i) at the time of such action, the Seller Bank reasonably believes that such action will not cause an Adverse Effect, and (ii) such change is made applicable to any comparable segment of accounts owned by the Bank which have a material adverse effect on characteristics the holders same as, or substantially similar to, such Accounts or Additional Accounts that are the subject of certificates in such change, except as otherwise restricted by an endorsement, sponsorship, or other agreement between the Affinity TrustBank and an unrelated third party or by the terms of the Credit Agreement. The Household Affinity Credit Card Master Note Trust I (the “Base Affinity Trust”): Pursuant to the Amended and Restated Receivables Purchase Agreement (as may be amended from time to time, the “HFC Card HAFC III RPA”), dated as of July 1February 18, 20022003, between HRAC II and HFC CardHousehold Affinity Funding Corporation III (“HAFC III”), HRAC II has sold and will, from time to time, continue to sell certain Purchased Assets to HFC CardHAFC III. Pursuant to the Pooling Amended and Restated Transfer and Servicing Agreement (as amended and supplemented and as may be further amended and supplemented from time to time, the “Base Trust PSAHAFC III TSA”), dated as of December 1March 13, 19952003 among HAFC III, among HFC Card HSBC Finance Corporation (as successor in interest by merger to Household Card Funding Finance Corporation), and Household Finance Corporation and The Bank of New YorkAffinity Credit Card Master Note Trust I, as Trustee (the “Trustee”) of the Base Trust, HFC Card HAFC III has sold and will, from time to time, continue to sell certain Purchased Assets to the Affinity Trust. Pursuant to the Amended and Restated Master Indenture (as supplemented and as may be amended and further supplemented from time to time, the “Indenture”), dated as of March 13, 2003, between the Affinity Trust, as Issuer, and The Bank of New York, as Indenture Trustee (the “Indenture Trustee”), the Issuer has granted and will continue to grant to the Indenture Trustee, for the benefit of the Base holders of notes in the Affinity Trust, all of its right, title and interest in certain Purchased Assets. With respect to the Base Affinity Trust, references in the Agreement to Schedule 3 shall refer to the following: Trust – — The Household Affinity Credit Card Master Note Trust I Purchaser – HFC Card — HAFC III Trustee – — Wilmington Trust Company, as Owner Trustee and The Bank of New York York, as Indenture Trustee Servicer – Household — HSBC Finance Corporation The applicable agreements – — The HFC Card RPA HAFC III RPA, the HAFC III TSA and the Base Trust PSAIndenture

Credit Card Agreements and Guidelines. Subject to compliance with all Requirements of Law, and the paragraph above, the Seller may change the terms and provisions of the applicable Credit Agreements or the applicable Credit Card Guidelines of the Seller in any respect (including the calculation of the amount or the timing of charge-offs and the Periodic Finance Charges to be assessed thereon). Notwithstanding the above, unless required by Requirements of Law or as permitted by the paragraph above, the Seller shall take no such action with respect to the applicable Credit Agreements or the applicable Credit Card Guidelines of the Seller, which, unless (i) at the time of such action, the Seller reasonably believes that such action will not cause an Adverse Effect, and (ii) such change is made applicable to any comparable segment of accounts owned by the Seller which have a material adverse effect on characteristics the holders same as, or substantially similar to, such Accounts or Additional Accounts that are the subject of certificates in such change, except as otherwise restricted by an endorsement, sponsorship, or other agreement between the Affinity TrustSeller and an unrelated third party or by the terms of the Credit Agreement. The Household Affinity Credit Card Master Trust I (the “Base Affinity Trust”): Pursuant to the Amended and Restated Receivables Purchase Agreement (as may be amended from time to time, the “HFC Card HAFC II RPA”), dated as of July March 1, 2002, between HRAC II and HFC CardHAFC II, HRAC II has sold and will, from time to time, continue to sell certain Purchased Assets to HFC CardHAFC II. Pursuant to the Amended and Restated Pooling and Servicing Agreement (as amended and supplemented and as may be further amended and supplemented from time to time, the “Base Affinity Trust PSA”), dated as of December August 1, 19951993, among HFC Card HAFC II (as successor in interest to Household Card Affinity Funding Corporation), Household Finance Corporation and The Bank of New York, as Trustee (the “"Trustee”) of the Base Affinity Trust, HFC Card HAFC II has sold and will, from time to time, continue to sell certain Purchased Assets to The Bank of New York, as Trustee of the Base Affinity Trust. With respect to the Base Affinity Trust, references in the Agreement to Schedule 3 shall refer to the following: Trust – — The Household Affinity Credit Card Master Trust I Purchaser – HFC Card — HAFC II Trustee – — The Bank of New York Servicer – — Household Finance Corporation The applicable agreements – — The HFC Card HAFC II RPA and the Base Trust PSA

Credit Card Agreements and Guidelines. Subject to compliance with all Requirements of Law, and the paragraph above, the Seller may change the terms and provisions of the Credit Agreements or the applicable Credit Card Guidelines of the Seller in any respect (including the calculation of the amount or the timing of charge-offs and the Periodic Finance Charges to be assessed thereon). Notwithstanding the above, unless required by Requirements of Law or as permitted by the paragraph above, the Seller shall take no action with respect to the applicable Credit Agreements or the applicable Credit Card Guidelines of the Seller, which, at the time of such action, the Seller reasonably believes will have a material adverse effect on the holders of certificates in the Affinity Base Trust. The Household Affinity Credit Card Master Note Trust I (the “Base GM Trust”): ) Pursuant to the Amended and Restated Receivables Purchase Agreement (as may be amended from time to time, the “HFC Card HAFC III RPA”), dated as of July 1February 18, 20022003, between HRAC II and HFC CardHAFC III, HRAC II has sold and will, from time to time, continue to sell certain Purchased Assets to HFC CardHAFC III. Pursuant to the Pooling Amended and Servicing Restated Transfer Agreement (as amended and supplemented and as may be further amended and supplemented from time to time, the “Base Trust PSAHAFC III TSA”), dated as of December 1March 13, 1995, 2003 among HFC Card (as successor in interest to Household Card Funding Corporation)HAFC III, Household Finance Corporation Corporation, and The Bank of New YorkHousehold Affinity Credit Card Master Note Trust I, as Trustee (the “Trustee”) of the Base Trust, HFC Card HAFC III has sold and will, from time to time, continue to sell certain Purchased Assets to the GM Trust. Pursuant to the Amended and Restated Master Indenture (as supplemented and as may be amended and further supplemented from time to time, the “Indenture”), dated as of March 13, 2003, between the GM Trust, as Issuer, and The Bank of New York, as Indenture Trustee (the “Indenture Trustee”), the Issuer has granted and will continue to grant to the Indenture Trustee, for the benefit of the Base holders of notes in the GM Trust, all of its right, title and interest in certain Purchased Assets. With respect to the Base GM Trust, references in the Agreement to Schedule 3 shall refer to the following: Trust – -— The Household Affinity Credit Card Master Note Trust I Purchaser – HFC Card -— HAFC III Trustee – -— Wilmington Trust Company, as Owner Trustee and The Bank of New York York, as Indenture Trustee Servicer – — Household Finance Corporation The applicable agreements – — The HFC Card RPA HAFC III RPA, the HAFC III TSA and the Base Trust PSAIndenture

Credit Card Agreements and Guidelines. Subject to compliance with all Requirements of Law, and the paragraph above, the Seller may change the terms and provisions of the Credit Agreements or the applicable Credit Card Guidelines of the Seller in any respect (including the calculation of the amount or the timing of charge-offs and the Periodic Finance Charges to be assessed thereon). Notwithstanding the above, unless required by Requirements of Law or as permitted by the paragraph above, the Seller shall take no action with respect to the applicable Credit Agreements or the applicable Credit Card Guidelines of the Seller, which, at the time of such action, the Seller reasonably believes will have a material adverse effect on the holders of certificates in the Affinity Base Trust. The Household Affinity Credit Card Master Note Trust I (the “Base GM Trust”): ) Pursuant to the Amended and Restated Receivables Purchase Agreement (as may be amended from time to time, the “HFC Card HAFC III RPA”), dated as of July 1February 18, 20022003, between HRAC II and HFC CardHAFC III, HRAC II has sold and will, from time to time, continue to sell certain Purchased Assets to HFC CardHAFC III. Pursuant to the Pooling Amended and Servicing Restated Transfer Agreement (as amended and supplemented and as may be further amended and supplemented from time to time, the “Base Trust PSAHAFC III TSA”), dated as of December 1March 13, 1995, 2003 among HFC Card (as successor in interest to Household Card Funding Corporation)HAFC III, Household Finance Corporation Corporation, and The Bank of New YorkHousehold Affinity Credit Card Master Note Trust I, as Trustee (the “Trustee”) of the Base Trust, HFC Card HAFC III has sold and will, from time to time, continue to sell certain Purchased Assets to the GM Trust. Pursuant to the Amended and Restated Master Indenture (as supplemented and as may be amended and further supplemented from time to time, the “Indenture”), dated as of March 13, 2003, between the GM Trust, as Issuer, and The Bank of New York, as Indenture Trustee (the “Indenture Trustee”), the Issuer has granted and will continue to grant to the Indenture Trustee, for the benefit of the Base holders of notes in the GM Trust, all of its right, title and interest in certain Purchased Assets. With respect to the Base GM Trust, references in the Agreement to Schedule 3 shall refer to the following: Trust – — The Household Affinity Credit Card Master Note Trust I Purchaser – HFC Card — HAFC III Trustee – — Wilmington Trust Company, as Owner Trustee and The Bank of New York York, as Indenture Trustee Servicer – Household Finance Corporation The applicable agreements – The HFC Card RPA HAFC III RPA, the HAFC III TSA and the Base Trust PSAIndenture The Section 5.1 covenants:

Credit Card Agreements and Guidelines. Subject to compliance with all Requirements of Law, and the paragraph above, the Seller Bank may change the terms and provisions of the applicable Credit Agreements or the applicable Credit Card Guidelines of the Seller Bank in any respect (including the calculation of the amount or the timing of charge-offs and the Periodic Finance Charges to be assessed thereon). Notwithstanding the above, unless required by Requirements of Law or as permitted by the paragraph above, the Seller Bank shall take no such action with respect to the applicable Credit Agreements or the applicable Credit Card Guidelines of the Seller, which, unless (i) at the time of such action, the Seller Bank reasonably believes that such action will not cause an Adverse Effect, and (ii) such change is made applicable to any comparable segment of accounts owned by the Bank which have a material adverse effect on characteristics the holders same as, or substantially similar to, such Accounts or Additional Accounts that are the subject of certificates in such change, except as otherwise restricted by an endorsement, sponsorship, or other agreement between the Affinity TrustBank and an unrelated third party or by the terms of the Credit Agreement. The Household Affinity Credit Card Master Note Trust I (the “Base Affinity Trust”): Pursuant to the Amended and Restated Receivables Purchase Agreement (as may be amended from time to time, the “HFC Card HAFC III RPA”), dated as of July 1February 18, 20022003, between HRAC II and HFC CardHousehold Affinity Funding Corporation III (“HAFC III”), HRAC II has sold and will, from time to time, continue to sell certain Purchased Assets to HFC CardHAFC III. Pursuant to the Pooling Amended and Restated Transfer and Servicing Agreement (as amended and supplemented and as may be further amended and supplemented from time to time, the “Base Trust PSAHAFC III TSA”), dated as of December 1March 13, 19952003 among HAFC III, among HFC Card HSBC Finance Corporation (as successor in interest by merger to Household Card Funding Finance Corporation), and Household Finance Corporation and The Bank of New YorkAffinity Credit Card Master Note Trust I, as Trustee (the “Trustee”) of the Base Trust, HFC Card HAFC III has sold and will, from time to time, continue to sell certain Purchased Assets to the Affinity Trust. Pursuant to the Amended and Restated Master Indenture (as supplemented and as may be amended and further supplemented from time to time, the “Indenture”), dated as of March 13, 2003, between the Affinity Trust, as Issuer, and The Bank of New York, as Indenture Trustee (the “Indenture Trustee”), the Issuer has granted and will continue to grant to the Indenture Trustee, for the benefit of the Base holders of notes in the Affinity Trust, all of its right, title and interest in certain Purchased Assets. With respect to the Base Affinity Trust, references in the Agreement to Schedule 3 shall refer to the following: Trust – — The Household Affinity Credit Card Master Note Trust I Purchaser – HFC Card HAFC III Trustee – Wilmington Trust Company, as Owner Trustee and The Bank of New York York, as Indenture Trustee Servicer – Household HSBC Finance Corporation The applicable agreements – The HFC Card RPA HAFC III RPA, the HAFC III TSA and the Base Trust PSAIndenture The Section 5.1 covenants: