Common use of No Rescission or Cancellation Clause in Contracts

No Rescission or Cancellation. 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 as ordered by a court of competent jurisdiction or other Governmental Authority 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), Pooling and Servicing Agreement (Fnanb Credit Card Master Trust), Transfer and Servicing Agreement (Dc Funding International Inc)

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No Rescission or Cancellation. Except in connection with an Adjustment Payment pursuant Subject to Section 3.83.9, the Servicer shall not permit any rescission or cancellation of any a Receivable except as ordered by a court of competent jurisdiction or other Governmental Authority or in the ordinary course of its business and in accordance with the applicable Account 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. Except in connection with an Adjustment Payment pursuant to Section 3.83.08, the Servicer shall not permit any rescission or cancellation of any Receivable except as ordered by a court of competent jurisdiction or other Governmental Authority or in the ordinary course of its business and in accordance with the applicable Account GuidelinesAuthority.

Appears in 3 contracts

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

No Rescission or Cancellation. 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 as ordered by a court of competent jurisdiction or other Governmental Authority or in the ordinary course of its business and in accordance with the applicable Account Credit Card Guidelines.

Appears in 3 contracts

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

No Rescission or Cancellation. 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 as ordered by a court of competent jurisdiction or other Governmental Authority or in the ordinary course of its business and in accordance with the applicable Account Guidelines.

Appears in 2 contracts

Samples: Master Pooling and Servicing Agreement (Circuit City Credit Card Master Trust), Servicing Agreement (Fnanb Credit Card Master Trust)

No Rescission or Cancellation. Except in connection with an Adjustment Payment pursuant Subject to Section 3.83.09, the Servicer shall not permit any rescission or cancellation of any a Receivable except as ordered by a court of competent jurisdiction or other Governmental Authority or in the ordinary course of its business and in accordance with the applicable Account Guidelines.. (i)

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Neiman Marcus Group Inc)

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No Rescission or Cancellation. Except in connection with an Adjustment Payment pursuant Subject to Section 3.83.09, the Servicer shall not permit any rescission or cancellation of any a Receivable except EXCEPT as ordered by a court of competent jurisdiction or other Governmental Authority or in the ordinary course of its business and in accordance with the applicable Account Credit Card Guidelines.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (National City Credit Card Master Trust)

No Rescission or Cancellation. 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 as ordered by a court of competent jurisdiction or other Governmental Authority or in the ordinary course of its business and in accordance with the applicable Account Guidelines.a

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Nordstrom Inc)

No Rescission or Cancellation. Except in connection with an Adjustment Payment pursuant to Section 3.84.3(c), the Servicer shall not permit any rescission or cancellation of any Receivable except as ordered by a court of competent jurisdiction or other Governmental Authority or in the ordinary course of its business and in accordance with the applicable Account GuidelinesAuthority.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Bank Corporate Card Master Trust)

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