Common use of Rescission and Cancellation Clause in Contracts

Rescission and Cancellation. Other than pursuant to and in accordance --------------------------- with the Cardholder Guidelines, the Servicer shall not rescind or cancel any Receivable unless such rescission or cancellation shall have been ordered or directed by a Governmental Authority.

Appears in 4 contracts

Samples: Transfer and Servicing Agreement (First Consumers Master Trust), Transfer and Servicing Agreement (First Consumers Master Trust), Pooling and Servicing Agreement (First Consumers Master Trust)

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Rescission and Cancellation. Other than pursuant to and in --------------------------- accordance --------------------------- with the Cardholder Guidelines, the Servicer shall not rescind or cancel any Receivable unless such rescission or cancellation shall have been ordered or directed by a Governmental Authority.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (First Consumers Master Trust), Pooling and Servicing Agreement (Spiegel Inc), Transfer and Servicing Agreement (First Consumers Master Trust)

Rescission and Cancellation. Other than pursuant to and in accordance --------------------------- with the Cardholder Charge Account Guidelines, the Servicer shall not rescind or cancel any Receivable unless such rescission or cancellation shall have been ordered or directed by a Governmental Authority.

Appears in 2 contracts

Samples: Transfer and Servicing Agreement (Spiegel Master Trust), Transfer and Servicing Agreement (Spiegel Master Trust)

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Rescission and Cancellation. Other than pursuant to and in --------------------------- accordance --------------------------- with the Cardholder Charge Account Guidelines, the Servicer shall not rescind or cancel any Receivable unless such rescission or cancellation shall have been ordered or directed by a Governmental Authority.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Spiegel Credit Corp Iii)

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