Common use of No Rescission or Cancellation Clause in Contracts

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 16 contracts

Samples: Pooling and Servicing Agreement (Citibank, N.A., as Depositor of Citibank Credit Card Issuance Trust), Pooling and Servicing Agreement (Citibank, N.A., as Depositor of Citibank Credit Card Issuance Trust), Pooling and Servicing Agreement (Citibank, N.A., as Depositor of Citibank Credit Card Issuance Trust)

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No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any Collateral Certificate or any Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental AuthorityAuthority or in accordance with the normal operating procedures of the Servicer.

Appears in 11 contracts

Samples: Transfer and Servicing Agreement (Jpmorgan Chase Bank, National Association), Transfer and Servicing Agreement (Chase Card Funding LLC), Transfer and Servicing Agreement (Chase Issuance Trust)

No Rescission or Cancellation. The Servicer shall not permit authorize any rescission or cancellation of any Receivable except in accordance with the applicable Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 10 contracts

Samples: Pooling and Servicing Agreement, Pooling and Servicing Agreement (American Express Receivables Financing Corp Iv LLC), Pooling and Servicing Agreement (American Express Credit Account Master Trust)

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any Receivable (or the underlying receivable) except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 10 contracts

Samples: Transfer and Servicing Agreement (Signet Jewelers LTD), Transfer and Servicing Agreement (Signet Group PLC), Pooling and Servicing Agreement (Credit Card Receivables Funding Corp)

No Rescission or Cancellation. The Servicer shall not permit authorize any rescission or cancellation of any Receivable or any Collateral Certificate, except in accordance with the Credit Card Account Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 9 contracts

Samples: Servicing Agreement, Servicing Agreement (American Express Receivables Financing Corp VIII LLC), Servicing Agreement (American Express Receivables Financing Corp VIII LLC)

No Rescission or Cancellation. The Servicer shall not permit authorize any rescission or cancellation of any a Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental AuthorityAuthority or in accordance with the Lending Guidelines.

Appears in 8 contracts

Samples: Pooling and Servicing Agreement (Capital One Master Trust), Pooling and Servicing Agreement (Capital One Master Trust), Pooling and Servicing Agreement (Capital One Master Trust)

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any Receivable (or the underlying receivable) except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 5 contracts

Samples: Transfer and Servicing Agreement (HSBC Credit Card Master Note Trust (Usa) I), Transfer and Servicing Agreement (HSBC Private Label Credit Card Master Note Trust (Usa) I), Transfer and Servicing Agreement (Household Affinity Funding Corp Iii)

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any a Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental AuthorityAuthority or in the ordinary course of its business and in accordance with the Credit Card Guidelines. Servicer shall reflect any such rescission or cancellation in its computer file of revolving credit card accounts.

Appears in 5 contracts

Samples: Transfer and Servicing Agreement (First National Funding LLC), Transfer and Servicing Agreement (First National Funding LLC), Transfer and Servicing Agreement (First National Master Note Trust)

No Rescission or Cancellation. The Subject to Section 3.09, the Servicer shall not permit any rescission or cancellation of any a Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental AuthorityAuthority or in the ordinary course of its business and in accordance with the Credit Card Guidelines.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Fleet Bank National Association /Ri/), Pooling and Servicing Agreement (Fleet Credit Card Master Trust Ii), Pooling and Servicing Agreement (Nextcard Inc)

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any a Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental AuthorityAuthority or in the ordinary course of its business and in accordance with the Credit Guidelines.

Appears in 5 contracts

Samples: Transfer and Administration Agreement (Proffitts Inc), Guaranty and Security Agreement (Belk Inc), Guaranty and Security Agreement (Belk Inc)

No Rescission or Cancellation. The Except in connection with an Adjustment Payment pursuant to Section 3.8, the Servicer shall not permit any rescission or cancellation of any Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental AuthorityAuthority or in the ordinary course of its business and in accordance with the applicable Account Guidelines.

Appears in 4 contracts

Samples: Master Pooling and Servicing Agreement (Circuit City Credit Card Master Trust), Master Pooling and Servicing Agreement (Fnanb Credit Card Master Trust), Transfer and Servicing Agreement (Dc Funding International Inc)

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Alliance Data Systems Corp), Pooling and Servicing Agreement, Pooling and Servicing Agreement (Citibank South Dakota N A)

No Rescission or Cancellation. The Servicer shall not permit any ----------------------------- rescission or cancellation of any Receivable except in accordance with the Credit Card Account Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Peoples Bank Credit Card Master Trust), Pooling and Servicing Agreement (Peoples Bank Credit Card Master Trust), Pooling and Servicing Agreement (Peoples Bank)

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any a Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental AuthorityAuthority in accordance with the Credit Card Guidelines.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Cabela's Master Credit Card Trust), Pooling and Servicing Agreement (Cabela's Master Credit Card Trust), Pooling and Servicing Agreement (Cabela's Master Credit Card Trust)

No Rescission or Cancellation. The Subject to Section 3.9, the Servicer shall not permit any rescission or cancellation of any a Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental AuthorityAuthority or in the ordinary course of its business and in accordance with the Credit Card Guidelines.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Target Corp), Pooling and Servicing Agreement (Target Receivables Corp), Pooling and Servicing Agreement (Pier 1 Imports Inc/De)

No Rescission or Cancellation. The Except in connection with an Adjustment Payment Obligation pursuant to Section 3.8, the Servicer shall not permit any rescission or cancellation of any Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental AuthorityAuthority or in the ordinary course of its business and in accordance with the applicable Credit Card Guidelines.

Appears in 3 contracts

Samples: Master Pooling and Servicing Agreement (Proffitts Credit Card Master Trust), Master Pooling and Servicing Agreement (Proffitts Credit Corp), Master Pooling and Servicing Agreement (Proffitts Credit Card Master Trust)

No Rescission or Cancellation. The Except in connection with an Adjustment Payment pursuant to Section 3.08, the Servicer shall not permit any rescission or cancellation of any Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 3 contracts

Samples: Master Pooling and Servicing Agreement (American Express Centurion Bank), Master Pooling and Servicing Agreement (American Express Centurion Bank), Master Pooling and Servicing Agreement (American Express Credit Account Master Trust)

No Rescission or Cancellation. The Subject to Section 3.09, the Servicer shall not permit any rescission or cancellation of any Receivable (or the underlying receivable) except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 3 contracts

Samples: Transfer and Servicing Agreement (Compucredit Corp), Transfer and Servicing Agreement (Nordstrom Inc), Transfer and Servicing Agreement (Nordstrom Credit Inc)

No Rescission or Cancellation. The Servicer shall not permit authorize any rescission or cancellation of any Receivable Receivable, except in accordance with the Credit Card Account Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 2 contracts

Samples: Servicing Agreement (Dryrock Issuance Trust), Servicing Agreement (Dryrock Issuance Trust)

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.Authority or except in accordance with its practices and procedures relating to the operation of its credit card business;

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Golden Credit Card Trust), Pooling and Servicing Agreement

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any a Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental AuthorityAuthority or in the ordinary course of its business and in accordance with the Credit Card Guidelines. The Servicer shall reflect any such rescission or cancellation in its computer file of revolving credit card accounts.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (First Bankcard Master Credit Card Trust), Pooling and Servicing Agreement (First Bankcard Master Credit Card Trust)

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any Underlying Receivable except in accordance with the Credit Card Operational Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 2 contracts

Samples: Servicing Agreement (Bluestem Brands, Inc.), Servicing Agreement (Bluestem Brands, Inc.)

No Rescission or Cancellation. The Servicer shall not permit any ----------------------------- rescission or cancellation of any a Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental AuthorityAuthority or in accordance with the Lending Guidelines.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Capital One FSB), Pooling and Servicing Agreement (Asset Backed Securities Corp)

No Rescission or Cancellation. The Servicer shall not take no action to permit any rescission or cancellation of any Receivable (or the underlying receivable) except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 2 contracts

Samples: Transfer and Servicing Agreement (Advanta Business Recievables Corp), Transfer and Servicing Agreement (Advanta Business Recievables Corp)

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any a Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental AuthorityAuthority or in accordance with the Lending Guidelines.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Ace Securities Corp), Pooling and Servicing Agreement (Asset Backed Securities Corp)

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any a Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.Authority or in the ordinary course of its business and in accordance with the Credit Card

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Alliance Data Systems Corp)

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No Rescission or Cancellation. The Servicer shall not permit consent to any rescission or cancellation of any Designated Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental AuthorityAuthority or in accordance with the Collection Policies and Procedures.

Appears in 1 contract

Samples: Servicing Agreement (Encore Capital Group Inc)

No Rescission or Cancellation. The Subject to Section 3.09, the Servicer shall not permit any rescission or cancellation of any Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Nordstrom Inc)

No Rescission or Cancellation. The Servicer shall not permit authorize any rescission or cancellation of any Receivable or any Collateral Certificate, except in accordance with the Credit Card Guidelines Account Guidelines, any Requirements of Laws, or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 1 contract

Samples: Servicing Agreement

No Rescission or Cancellation. The Servicer shall not permit any ----------------------------- rescission or cancellation of any Receivable (or the underlying receivable) except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First National Bank of Atlanta)

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any Receivable except in accordance with the Credit Card Guidelines or (i) as ordered by a court of competent jurisdiction or other Governmental AuthorityAuthority or (ii) as permitted by the Credit and Collection Policy.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Stage Stores Inc)

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or any other Governmental AuthorityAuthority or except in accordance with its practices and procedures relating to the operation of the related Account or the Seller’s credit card business with respect thereto.

Appears in 1 contract

Samples: Pooling and Servicing Agreement

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any a Conveyed Receivable except in accordance with the Credit Card Guidelines Financing Guidelines, its customary practices for servicing dealer financing revolving line of credit loans or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Textron Financial Corp)

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or any other Governmental AuthorityAuthority or except in accordance with its practices and procedures relating to the operation of the related Designated Portfolio or the Seller’s credit card business with respect thereto.

Appears in 1 contract

Samples: Pooling and Servicing Agreement

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental AuthorityAuthority and except in connection with Dilutive Credits and Write-Offs in conformity with the Policies or as otherwise permitted in the Security Agreement.

Appears in 1 contract

Samples: Facility Agreement (Burlington Industries Inc /De/)

No Rescission or Cancellation. The Servicer shall not permit ----------------------------- any rescission or cancellation of any Receivable (or the underlying receivable) except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Household Credit Card Master Note Trust I)

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any a Receivable except in accordance with pursuant to the Credit Card Guidelines Manual or as ordered by pursuant to a court Requirement of competent jurisdiction or other Governmental AuthorityLaw.

Appears in 1 contract

Samples: Servicing Agreement (CHS Inc)

No Rescission or Cancellation. The Subject to Section 3.10, the Servicer shall not permit any rescission or cancellation of any Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 1 contract

Samples: Master Indenture (Bon Ton Stores Inc)

No Rescission or Cancellation. The Servicer shall not ----------------------------- permit any rescission or cancellation of any Receivable (or the underlying receivable) except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Household Credit Card Master Note Trust I)

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental AuthorityAuthority or in the ordinary course of its business and in accordance with the Cardholder Guidelines.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Alliance Data Systems Corp)

No Rescission or Cancellation. The Servicer shall not permit ----------------------------- any rescission or cancellation of any a Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental AuthorityAuthority or in the ordinary course of its business and in accordance with the Credit and Collection Policy.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Mail Well Inc)

No Rescission or Cancellation. The the Servicer shall not permit any rescission or cancellation of any Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.;

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Household Consumer Loan Corp Ii)

No Rescission or Cancellation. The Servicer shall not permit any rescission or cancellation of any Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Hrsi Funding Inc Ii)

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