Common use of Postal Rate Adjustment Clause in Contracts

Postal Rate Adjustment. The Company agrees to reimburse the Bank for any costs incurred by the Bank as a result of changes in postal rates or rules applicable to mailings to Cardholders after the date hereof; PROVIDED that the postal costs and postal discounts applicable to mailings to Cardholders shall be no less favorable than the postal costs and postal discounts applicable to comparable mailings to holders of any other credit cards issued by the Bank. The Bank and the Company agree to use their reasonable efforts to minimize postal costs and maximize postal discounts.

Appears in 8 contracts

Samples: Credit Card Processing Agreement (Alliance Data Systems Corp), Credit Card Processing Agreement (Alliance Data Systems Corp), Credit Card Processing Agreement (Alliance Data Systems Corp)

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Postal Rate Adjustment. The Company agrees to reimburse the Bank for any costs incurred by the Bank as a a-result of changes in postal rates or rules applicable to mailings to Cardholders after the date hereof; PROVIDED that the postal costs and postal discounts applicable to mailings to Cardholders shall be no less favorable than the postal costs and postal discounts applicable to comparable mailings to holders of any other credit cards issued by the Bank. The Bank and the Company agree to use their reasonable efforts to minimize postal costs and maximize postal discounts.

Appears in 1 contract

Samples: Credit Card Processing Agreement (Alliance Data Systems Corp)

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