Common use of General Effects Clause in Contracts

General Effects. (a) All solicitations, marketing and advertising of the Program, other than acceptance of applications through NMG Channels in the ordinary course of business consistent with past practice, shall cease upon the expiration or termination of this Agreement, except as the Parties may otherwise mutually agree, provided that the Parties shall continue to operate the Program in accordance with the terms of this Agreement and service the Accounts in good faith and in the ordinary course of their respective businesses, subject to the terms of this Agreement, until the provisions of Section 17.2 are satisfied. The Parties shall cooperate to ensure the orderly wind-down or transfer of the Program. (b) Upon the satisfaction of the provisions of Section 17.2, all obligations of the Parties under this Agreement shall cease, except that the provisions specified in Section 19.26 shall survive.

Appears in 2 contracts

Samples: Credit Card Program Agreement (Neiman Marcus, Inc.), Credit Card Program Agreement (Neiman Marcus Group Inc)

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General Effects. (a) All solicitations, marketing and advertising of the Program, other than acceptance of applications through NMG the FDS Channels in the ordinary course of business consistent with past practice, shall cease upon the expiration or termination of this Agreement, except as the Parties may otherwise mutually agree, ; provided that the Parties shall continue to operate the Program in accordance with the terms of this Agreement and service the Accounts in good faith and in the ordinary course of their respective businesses, subject to the terms of this Agreement, until the provisions of Section 17.2 Sections 16.2 and 16.3 are satisfied. The Parties shall cooperate to ensure the orderly wind-down or transfer of the Program. (b) Upon the satisfaction of the provisions of Section 17.216.2 and 16.3, all obligations of the Parties under this Agreement shall cease, except that the provisions specified in Section 19.26 18.25 shall survive.

Appears in 2 contracts

Samples: Credit Card Program Agreement (Macy's, Inc.), Credit Card Program Agreement (Federated Department Stores Inc /De/)

General Effects. (a) All solicitations, marketing and advertising of the Program, other than acceptance of applications Applications through NMG Pier 1 Channels in the ordinary course of business consistent with past practice, shall cease upon the expiration or termination of this Agreement, except as the Parties may otherwise mutually agree, provided that the Parties shall continue to operate the Program in accordance with the terms of this Agreement and service the Accounts in good faith and in the ordinary course of their respective businesses, subject to the terms of this Agreement, until the provisions of Section 17.2 16.2 are satisfied, if applicable. The Parties shall cooperate to ensure the orderly wind-down or transfer of the Program. (b) Upon the satisfaction of the provisions of Section 17.216.2, all obligations of the Parties under this Agreement shall cease, except that the provisions specified in Section 19.26 18.22 shall survive.

Appears in 1 contract

Samples: Credit Card Program Agreement (Pier 1 Imports Inc/De)

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General Effects. (a) All solicitations, marketing and advertising of the Program, other than acceptance of applications through NMG Belk Channels in the ordinary course of business consistent with past practice, shall cease upon the expiration or termination of this Agreement, except as the Parties may otherwise mutually agree, ; provided that the Parties shall continue to operate the Program in accordance with the terms of this Agreement and service the Accounts in good faith and in the ordinary course of their respective businesses, subject to the terms of this Agreement, until the provisions of Section 17.2 are satisfied. The Parties shall cooperate to ensure the orderly wind-down or transfer of the Program. (b) Upon the satisfaction of the provisions of Section 17.2, all obligations of the Parties under this Agreement shall cease, except that the provisions specified in Section 19.26 19.25 shall survive.

Appears in 1 contract

Samples: Credit Card Program Agreement (Belk Inc)

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