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 (h) above, the Seller [or other Account Owner, as the case may be], 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 5.02(a), the Seller [or other Account Owner, as the case may be], will take no action with respect to the applicable Credit Card Agreements or the applicable Credit Card Guidelines, which, at the time of such action, the Seller [or other Account Owner, as the case may be,] reasonably believes will have a material adverse effect on [ ] or the Investor Certificateholders. [ ] covenants that, at any time that the Seller is not the Servicer under the Pooling and Servicing Agreement, it will provide the Seller with such information as the Seller may reasonably request to enable the Seller to determine compliance with the covenants contained in Section 5.02(b).

Credit Card Agreements and Guidelines. Subject to compliance ------------------------------------- with all Requirements of Law and paragraph (h) above, the Seller [or other Account Owner, as the case may be], 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 5.02(a), the Seller [or other Account Owner, as the case may be], will take no action with respect to the applicable Credit Card Agreements or the applicable Credit Card Guidelines, which, at the time of such action, the Seller action [or other Account Owner, as the case may be,] reasonably believes will have a material adverse effect on [ ] ABSC or the Investor Certificateholders. [ ] ABSC covenants that, at any time that the Seller is not the Servicer under the Pooling and Servicing Agreement, it will provide the Seller with such information as the Seller may reasonably request to enable the Seller to determine compliance with the covenants contained in Section 5.02(b).

Credit Card Agreements and Guidelines. Subject to compliance with all Requirements of Law and paragraph (h) above, the Seller [or other Account Owner, as the case may be], 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 5.02(a), the Seller [or other Account Owner, as the case may be], will take no action with respect to the applicable Credit Card Agreements or the applicable Credit Card Guidelines, which, at the time of such action, the Seller action [or other Account Owner, as the case may be,] reasonably believes will have a material adverse effect on [ ] ACE or the Investor Certificateholders. [ ] ACE covenants that, at any time that the Seller is not the Servicer under the Pooling and Servicing Agreement, it will provide the Seller with such information as the Seller may reasonably request to enable the Seller to determine compliance with the covenants contained in Section 5.02(b).