Credit Systems. (a) [Reserved]
Credit Systems. (a) The NMG Companies and Bank shall work together (including through a subcommittee of the Management Committee formed for this purpose) to develop a mutually agreeable plan relating to the Credit Systems, which may include a conversion plan designed to convert such data to the Bank Systems. Subject to the satisfaction of each of the requirements set forth in Section 7.4(b), at such time, if any, when both NMG and Bank are satisfied with the terms of such conversion plan and have concluded that such conversion will further the Program Objectives and provide cost efficiencies and features and functionality superior to those available on the NMG Systems without an unacceptable level of Program disruption, such conversion shall be implemented (the date of any such conversion the “Systems Transition Date”). Bank shall bear all out-of-pocket costs and expenses associated with the Systems conversion (whether incurred by Bank or any of its Affiliates or NMG or any of its Affiliates).
Credit Systems. (a) The Servicer and the Company shall develop an Integration Plan as more particularly described in Schedule 1.01(c), which Integration Plan shall include a mutually agreed upon plan to convert the master file of the Accounts and all Cardholder Data (including related account history and customer notes) to Servicer Systems (the “Conversion”). Subject to the satisfaction of each of the requirements set forth in Section 2.03(b), the Parties agree to use commercially reasonable efforts to cause the Conversion to occur. The Conversion shall be implemented on (****) (the “Conversion Date”). Except as provided in Section 2.02, each of the Servicer and the Company shall (****); provided, that if the Company (****). Until the Conversion Date, each of the Company and the Servicer (in the case of the Servicer, solely to the extent within its sole control and direction), (i) shall maintain its Systems in a manner consistent with the Company’s or the Servicer’s, as applicable, historical practice and (ii) shall not make changes to its Systems that will impede the Conversion or the Servicer’s ability to maintain the Accounts in accordance with this Agreement following the Conversion.
Credit Systems. (a) Subject to clause (b) of this Section 7.4, the master file of Accounts and all other Cardholder Data and other Program credit data shall remain on the FDS Systems for a minimum of one year after the Effective Date. Bank and the FDS Companies shall work together (including through a subcommittee of the Operating Committee formed for this purpose) to develop a mutually agreeable Systems conversion plan designed to convert such data to Bank Systems. Subject to the satisfaction of each of the requirements set forth in Section 7.4(b), at such time, if any, when both FDS and Bank are satisfied with the terms of such conversion plan and have concluded that such conversion will further the Program Objectives and provide cost efficiencies and features and functionality superior to those available on the FDS Systems without an unacceptable level of Program disruption, such conversion shall be implemented (the date of any such conversion the “Systems Transition Date”). Bank shall bear its costs and expenses associated with the Systems conversion and such expenses shall not constitute Program Expenses. Until the Systems Transition Date, FDS shall, in a manner consistent with FDS’s historical practice (taking into account the magnitude and type of each of the following matters): (i) make modifications and changes to FDS Systems as necessary to comply with Applicable Law, the Risk Management Policies and/or the Operating Procedures, following appropriate consultation with Bank with respect to changes thereto; (ii) ensure that the features and functionality available on the FDS Systems as of the Effective Date are maintained in a manner consistent with historical levels, and (iii) ensure that the technology associated with the FDS Systems (including hardware platforms, operations systems and software licenses) is sufficient to support the operation of the Program as contemplated by the terms of this Agreement.
Credit Systems. 48 7.5 Systems Interface; Technical Support........................................................... 49
Credit Systems. (a) The Bank shall bear all Bank costs and expenses associated with the conversion of the Systems applicable to the Accounts purchased by the Bank pursuant to the Chase Purchase Agreement to the Bank Systems (whether such costs and expenses are incurred by the Bank or any of its Affiliates).
Credit Systems. (a) Bank and the Macy’s Companies shall work together (including through a subcommittee of the Operating Committee formed for this purpose) to implement a mutually agreeable Systems conversion plan, having the elements set forth in Schedule 7.4(a)(ii) and such other elements as the Parties shall agree, which plan shall be designed to convert the master files of Accounts and all other Cardholder and other Program credit data to the Bank Credit Platform (all such conversion activities, the “Systems Conversion”). Subject to the satisfaction of each of the requirements set forth in Section 7.4(b), the Systems Conversion shall be completed and Bank and the Macy’s Companies shall begin using the Bank Credit Platform to support the operation of the Program no later than [redacted] (such date of such completion and first use, the “Systems Conversion Date”). Bank shall bear its costs and expenses, as well as the other costs and expenses set forth in Schedule 7.4(a)(ii), associated with the Systems Conversion, including the development of the Desktop Platform, and such expenses shall not constitute Program Expenses. Until the Systems Conversion Date, notwithstanding any other provision contained in this Agreement, Macy’s shall (i) make the modifications and changes to Macy’s Systems specified in Schedule 7.4(a)(iii) and (ii) in a manner consistent with the historical practice of Macy’s (taking into account the magnitude and type of each of the following matters): (A) ensure that the features and functionality available on the Macy’s Systems as of the Effective Date are maintained in a manner consistent with historical levels, and (B) ensure that the Macy’s Systems are sufficient to support the operation of the Program as contemplated by the terms of this Agreement. In the event that a change in Applicable Law first announced after the Effective Date and prior to the Systems Conversion Date requires a modification or change to the Macy’s Systems to be made prior to the Systems Conversion Date, and Bank and Macy’s cannot otherwise agree on a mutually acceptable workaround, Macy’s shall make such modification or change to the Macy’s Systems to the extent necessary to cause the Macy’s Systems to operate in accordance with Applicable Law.
Credit Systems. (a) The Bank and the Company shall work together (including through the Integration Committee) to develop a mutually agreeable Systems conversion plan designed to convert the master file of the Accounts and all other Cardholder Data (including related account history and customer notes) to Bank Systems (the “Conversion”). Subject to the satisfaction of each of the requirements set forth in Section 7.4(b), such conversion shall be implemented on a date determined by the Integration Committee (****) (the date of any such conversion the “Systems Conversion Date”). The Bank (****). Until the Systems Conversion Date, the Company shall maintain its Systems in a manner consistent with the Company’s historical practice and shall not make changes to its Systems that will impede the Conversion or the Bank’s ability to maintain the Accounts in accordance with this Agreement following the Conversion.
Credit Systems. (a) Pier 1 and Bank shall work together (including through a subcommittee of the Management Committee formed for this purpose) to develop a mutually agreeable plan relating to the credit systems, which shall include a conversion plan designed to convert such data to the Bank Systems. Subject to the satisfaction of each of the requirements set forth in Section 7.4(b), at such time when both Pier 1 and Bank are satisfied with the terms of such conversion plan and have concluded that such conversion will further the Program Objectives and provide cost efficiencies and features and functionality superior to those available to Pier 1, without an unacceptable level of Program disruption, such conversion shall be implemented (the date of any such conversion the “Systems Transition Date”). Bank shall bear all out-of-pocket costs and expenses incurred by it or paid to third parties associated with the Systems conversion.
Credit Systems. (a) Bank shall convert the data contained in the master file of the associated Accounts and all other Cardholder Data to the Bank Systems in accordance with the Conversion Plan. Subject to the satisfaction of each of the requirements set forth in Section 7.4(b), at such time, if any, when both Belk and Bank have concluded that such conversion will further the Program Objectives and provide cost efficiencies and features and functionality superior to those available on the Belk Systems without an unacceptable level of Program disruption, such conversion shall be implemented (the date of any such conversion the "Systems Transition Date"). Bank shall bear all costs and expenses associated with the Systems conversion (whether incurred by Bank or any of its Affiliates or Belk or any of its Affiliates) as set forth on Schedule 7.4(a).
