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 paragraph (a) above any Account Owner may change the terms and provisions of the applicable Credit Card Agreements or the applicable Credit Card Guidelines in any respect (including the calculation of the amount or the timing of charge-offs and the Periodic Rate Finance Charges to be assessed thereon). Notwithstanding the above, unless required by Requirements of Law or as permitted by Section 2.8(a), no Account Owner will take any action with respect to the applicable Credit Card Agreements or the applicable Credit Card Guidelines, which, at the time of such action, the Account Owner reasonably believes will have a material adverse effect on the Investor Certificateholders. The Transferor further covenants that it will not enter into any amendments to a Receivables Purchase Agreement or enter into a new Receivables Purchase Agreement unless the Rating Agency Condition has been satisfied.

Credit Card Agreements and Guidelines. Subject to compliance with all Requirements of Law and paragraph (ai) above any above, an Account Owner may change the terms and provisions of the applicable Credit Card Agreements or the applicable Credit Card Guidelines in any respect (including the calculation of the amount or the timing of charge-offs and the Periodic Rate Finance Charges to be assessed thereon). Notwithstanding the above, unless required by Requirements of Law or as permitted by Section 2.8(a2.08(i), no an Account Owner will take any no action with respect to the applicable Credit Card Agreements or the applicable Credit Card Guidelines, which, at the time of such action, the such Account Owner reasonably believes will have a material adverse effect on the Investor Certificateholders. The Each Transferor further covenants that it will not enter into any amendments to a Receivables Purchase Agreement or enter into a new Receivables Purchase Agreement unless the Rating Agency Condition has been satisfied.

Credit Card Agreements and Guidelines. Subject to ------------------------------------- compliance with all Requirements of Law and paragraph (a) above any Account Owner may change the terms and provisions of the applicable Credit Card Agreements or the applicable Credit Card Guidelines in any respect (including the calculation of the amount or the timing of charge-offs and the Periodic Rate Finance Charges to be assessed thereon). Notwithstanding the above, unless required by Requirements of Law or as permitted by Section 2.8(a), no Account Owner will take any action with respect to the applicable Credit Card Agreements or the applicable Credit Card Guidelines, which, at the time of such action, the Account Owner reasonably believes will have a material adverse effect on the Investor Certificateholders. The Transferor further covenants that it will not enter into any amendments to a Receivables Purchase Agreement or enter into a new Receivables Purchase Agreement unless the Rating Agency Condition has been satisfiedSecurityholders.

Credit Card Agreements and Guidelines. Subject to compliance with all Requirements of Law and paragraph (a) above any above, the related Account Owner Owner, may change the terms and provisions of the applicable Credit Card Agreements or the applicable Credit Card Guidelines in any respect (including the calculation of the amount or the timing of charge-offs and the Periodic Rate Finance Charges to be assessed thereon). Notwithstanding the above, unless required by Requirements of Law or as permitted by Section 2.8(a5.2(a), no Account Owner will take any action with respect to the applicable Credit Card Agreements or the applicable Credit Card Guidelines, which, at the time of such action, the such Account Owner reasonably believes will have a material adverse effect on the Investor Certificateholders. The Transferor Seller further covenants that it will not enter into any amendments to a the Receivables Purchase Agreement Agreements or enter into a new Receivables Purchase Agreement unless the Rating Agency Condition has been satisfied.