Common use of Issuance of Credit Cards Clause in Contracts

Issuance of Credit Cards. To the extent requested by the Company, the Bank will issue credit cards bearing the Xxxx ("CREDIT CARDS") to customers of the Business who apply for such Credit Cards and related extensions of credit. Such customers (i) must qualify for the extension of credit under credit standards related to new account approvals, credit limits and authorization management ("CREDIT STANDARDS") which will be determined by the Bank from time to time and (ii) must accept the Bank's standard form of credit card agreement containing the terms and conditions governing extensions of credit to Persons who hold Credit Cards and their authorized users (attached hereto as Exhibit 2.1.1(a)). Notwithstanding the foregoing, (i) the Credit Standards established by the Bank from time to time in connection with the issuance of Credit Cards for use in connection with the Business shall be consistent with past practices (as described in Exhibit 2.1.1(b)), with such changes as shall be (A) approved by the Company in its reasonable discretion or (B) determined by the Bank in good faith to be necessary from the standpoint of safe and sound banking practices and (ii) the Bank may make any change in the terms of its agreement with any person who holds a Credit Card (including repayment terms, fees and finance charge rates) after prior notice to and consultation with the Company. The Bank hereby confirms its understanding that the Company intends to offer and promote credit as outlined in Section 2.2. The Bank will bear the costs of the issuance of Credit Cards under this Section 2.1.

Issuance of Credit Cards. To the extent requested by the Company, the Bank bank will issue credit cards bearing the Xxxx ("CREDIT CARDS") to customers of the Business who apply for such Credit Cards and related extensions of credit. Such customers (i) must qualify for the extension of credit under credit standards related to new account approvals, credit limits and authorization management ("CREDIT STANDARDS") which will be determined by the Bank from time to time and (ii) must accept the Bank's standard form of credit card agreement containing the terms and conditions governing extensions of credit to Persons who hold Credit Cards and their authorized users (attached hereto as Exhibit 2.1.1(a)). Notwithstanding the foregoing, (i) the Credit Standards established by the Bank from time to time in connection with the issuance of Credit Cards for use in connection with the Business shall be consistent with past practices (as described in Exhibit 2.1.1(b)), with such changes as shall be (A) approved by the Company in its reasonable discretion or (B) determined by the Bank in good faith to be necessary from the standpoint of safe and sound banking practices and (ii) the Bank may make any change in the terms of its agreement with any person who holds a Credit Card (including repayment terms, fees and finance charge rates) after prior notice to and consultation with the Company. The Bank hereby confirms its understanding that the Company intends to offer and promote credit as outlined in Section 2.2. The Bank will bear the costs of the issuance of Credit Cards under this Section 2.1.

Issuance of Credit Cards. To the extent requested by the ------------------------ Company, the Bank will issue credit cards bearing the Xxxx ("CREDIT CARDSCredit Cards") to customers of the Business who apply for such Credit Cards and related extensions of credit. Such customers (i) must qualify for the extension of credit under credit standards related to new account approvals, credit limits and authorization management ("CREDIT STANDARDSCredit Standards") which will be determined by the Bank from time to time and (ii) must accept the Bank's standard form of credit card agreement containing the terms and conditions governing extensions of credit to Persons who hold Credit Cards and their authorized users (attached hereto as Exhibit 2.1.1(a)). Notwithstanding the foregoing, (i) the Credit Standards established by the Bank from time to time in connection with the issuance of Credit Cards for use in connection with the Business shall be consistent with past practices (as described in Exhibit 2.1.1(b)), with such changes as shall be (A) approved by the Company in its reasonable discretion or (B) determined by the Bank in good faith to be necessary from the standpoint of safe and sound banking practices and (ii) the Bank may make any change in the terms of its agreement with any person who holds a Credit Card (including repayment terms, fees and finance charge rates) after prior notice to and consultation with the Company. The Bank hereby confirms its understanding that the Company intends to offer and promote credit as outlined in Section 2.2. The Bank will bear the costs of the issuance of Credit Cards under this Section 2.1.

Issuance of Credit Cards. To the extent requested by the Company, the Bank will issue credit cards bearing the Xxxx ("CREDIT CARDS") to customers of the Business who apply for such Credit Cards and related extensions of credit. Such customers (i) must qualify for the extension of credit under credit standards related to new account approvals, credit limits and authorization management ("CREDIT STANDARDS") which will be determined by the Bank from time to time and (ii) must accept the Bank's standard form of credit card agreement containing the terms and conditions governing extensions of credit to Persons who hold Credit Cards and their authorized users (attached hereto as Exhibit 2.1.1(a)). Notwithstanding the foregoing, (i) the Credit Standards established by the Bank from time to time in connection with the issuance of Credit Cards for use in connection with the Business shall be consistent with past practices (as described in Exhibit 2.1.1(b)), with such changes as shall be (A) approved by the Company in its reasonable discretion or (B) determined by the Bank in good faith to be necessary from the standpoint of safe and sound banking practices and (ii) the Bank may make any change in the terms of its agreement with any many person who holds a Credit Card (including repayment terms, fees and finance charge rates) after prior notice to and consultation with the Company. The Bank hereby confirms its understanding that the Company intends to offer and promote credit as outlined in Section 2.2. The Bank will bear the costs of the issuance of Credit Cards under this Section 2.1.