No Rescission or Cancellation. The Collection Agent shall not permit any rescission or cancellation of 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 Credit and Collection Policy.
Appears in 3 contracts
Samples: Transfer and Administration Agreement Transfer and Administration Agreement (Metris Companies Inc), Transfer and Administration Agreement (Metris Direct Inc), Transfer and Administration Agreement (Metris Companies Inc)
No Rescission or Cancellation. The Collection Agent shall not permit any rescission or cancellation of a an Eligible 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 Credit and Collection Policy.
Appears in 1 contract
Samples: Transfer and Administration Agreement (Imc Global Inc)
