Purchase of Walmart MoneyCards by Retailer Sample Clauses

Purchase of Walmart MoneyCards by Retailer. (a) If this Agreement terminates for any reason, then no less than thirty (30) days in advance of the termination date, or one hundred eighty (180) days after the date of the notice of termination, whichever occurs first, [*] may notify [*] of its election to [*], or to [*], all Walmart MoneyCards which have been used for at least [*] in the 180-day period preceding the date of the sale, and related rights, funds and fees, including, without limitation, all Walmart MoneyCard Documentation and Cardholder Information, free and clear of all liens, encumbrances, claims, third party rights, mortgages, restrictions, security interests or other similar kind of right, for a price as set forth in Section 15.4(c). Upon Retailer’s request in connection with Retailer’s exercise of its rights under this Section 15.4(a), Bank promptly (and * Confidential Treatment Requested. 65 in any event, no later than fourteen (14) days after a request) shall provide such information regarding the Walmart MoneyCards and related balances, fees, and transaction history as Retailer and/or its designee reasonably may require in connection with a [*] of the Walmart MoneyCards. Bank shall: (i) transfer the Retailer Customer Information with the Walmart MoneyCards; and (ii) take reasonable steps to permit the unique BINs (or applicable equivalent) used for the Card Program to be transferred to the Card Program [*]; provided that [*] accepts all liabilities with respect to such BINs. Bank and Retailer will work together to assign or transfer the customer the Walmart MoneyCard numbers relating to the Walmart MoneyCards. Such assignment or transfer is subject to Bank and Retailer mutually agreeing to reimbursement of Bank’s reasonable, out-of-pocket costs directly incurred by Bank in connection with such assignment or transfer. Retailer or its designee shall complete its purchase no later than twelve (12) months from the date Retailer gives notice of its intent to purchase. The Parties shall each comply with any approval requirements imposed by any Governmental Authority in connection with such purchase; provided, however, that Retailer and/or its designee shall not be required to affect a purchase if any Governmental Authority imposes unduly burdensome or otherwise unaccepted conditions on the purchaser or the transaction. If Retailer exercises its right to purchase the Walmart MoneyCards under this Section 15.4(a), Retailer or its designee and Bank shall negotiate a purchase agreement conta...
Sample 1
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Related to Purchase of Walmart MoneyCards by Retailer

  • Agreement to Sell and to Purchase Subject to and in accordance with the terms, conditions and provisions hereof, Seller agrees to sell the Property to Buyer, and Buyer agrees to purchase the Property from Seller.

  • Sale and Purchase of Stock 1.1 Subject to the terms, provisions and conditions set forth herein, Seller hereby sells and delivers to Purchaser, and Purchaser hereby purchases and receives from Seller, the Shares, in exchange for the purchase price set forth hereinafter. Purchaser hereby acknowledges receipt of one or more stock certificates representing the Shares, duly endorsed or accompanied by duly executed stock transfer form.

  • Use of Book-Entry System for Commercial Paper Provided (i) the Bank has received a certified copy of a resolution of the Board specifically approving participation in a system maintained by the Bank for the holding of commercial paper in book-entry form ("Book-Entry Paper") and (ii) for each year following such approval the Board has received and approved the arrangements, upon receipt of Proper Instructions and upon receipt of confirmation from an Issuer (as defined below) that the Fund has purchased such Issuer's Book-Entry Paper, the Bank shall issue and hold in book-entry form, on behalf of the Fund, commercial paper issued by issuers with whom the Bank has entered into a book-entry agreement (the "Issuers"). In maintaining procedures for Book-Entry Paper, the Bank agrees that:

  • Contract Terms To Be Exclusive This written agreement contains the sole and entire agreement between the parties, and supersedes any and all other agreements between them. The parties acknowledge and agree that neither of them has made any representation with respect to the subject matter of this agreement or any representations inducing the execution and delivery hereof except such representations as are specifically set forth herein, and each party acknowledges that he or it has relied on his or its own judgment in entering into the agreement. The parties further acknowledge that any statements or representations that may have heretofore been made by either of them to the other are void and of no effect and that neither of them has relied thereon in connection with his or its dealings with the other.

  • Purchase of the Units (a) The Company agrees to issue and sell the Underwritten Units to the several Underwriters as provided in this underwriting agreement (this “Agreement”), and each Underwriter, on the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, agrees, severally and not jointly, to purchase at a price per Unit of $9.80 (the “Purchase Price”) from the Company the respective number of Underwritten Units set forth opposite such Underwriter’s name in Schedule 1 hereto.

  • Issuance and Purchase of the Notes (a) Delivery of the Funding Agreement and the Guarantee to the Custodian, on behalf of the Indenture Trustee, pursuant to the Assignment or execution of the cross receipt contained in the Closing Instrument shall be confirmation of payment by the Trust for the Funding Agreement.

  • Purchase of Stock 2 Section 1.1

  • Purchase of Insurance No Mortgagor was required to purchase any credit life, disability, accident or health insurance product as a condition of obtaining the extension of credit. No Mortgagor obtained a prepaid single-premium credit life, disability, accident or health insurance policy in connection with the origination of the Mortgage Loan. No proceeds from any Mortgage Loan were used to purchase single premium credit insurance policies as part of the origination of, or as a condition to closing, such Mortgage Loan;

  • Conditions to the Distribution (a) The consummation of the Distribution will be subject to the satisfaction, or waiver by Parent in its sole and absolute discretion, of the following conditions:

  • Additional Provisions Relating to Customer 6.1 Representations of Customer and Bank

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