Charge Account Agreement definition

Charge Account Agreement means the agreement between a Person and the Bank, which may consist of more than one document, pursuant to which the Bank agrees to make loans to a Person to enable such Person to pay for purchased merchandise or services or to obtain cash advances under a revolving credit plan that permits such Person to purchase merchandise and services or to obtain cash advances on credit, together with any finance charges and other charges related thereto, as such agreement may be amended, modified or supplemented from time to time.

Charge Account Agreement means an agreement, which shall comply with the Federal Truth In Lending Act, for Visa or MasterCard credit card accounts between any Obligor and an Originator as such agreements

Charge Account Agreement means the agreement (and the related application) for a FCNB Preferred Charge account between any Obligor and FCNB, as the same may be amended, modified or otherwise changed from time to time.

Examples of Charge Account Agreement in a sentence

• The Originator may make an adjustment in the principal amount or finance or other charges accrued or payable with respect to the account of a customer who has obtained credit under a Charge Account Agreement, PROVIDED that such adjustment is permitted under the Originator's Credit and Collection Policy.

• The Bank shall notify each Obligor, prior to or substantially contemporaneously with the establishment of such Obligor's Charge Account Agreement with the Bank, that the Bank intends to transfer Receivables arising in such Obligor's Account to the Purchaser, which in turn will transfer such Receivables to Stage Funding, which in turn will transfer such Receivables to Bankers Trust Company, as trustee under the Pooling and Servicing Agreement.

• Any Originator may accept a return of goods for full or partial credit or make a daily adjustment in the principal amount or finance or other charges accrued or payable with respect to the account of a customer who has purchased merchandise or services on credit under a Charge Account Agreement; PROVIDED, that such adjustment is permitted under such Originator's applicable Credit and Collection Policy.

• Such Originator shall comply with and perform its obligations under any Charge Account Agreement to which such Originator is a party that relates to the Accounts and the Credit and Collection Policy except insofar as any failure to comply or perform would not materially and adversely affect the rights of the Purchaser.

• The Bank shall notify each Obligor, prior to or substantially contemporaneously with the establishment of such Obligor's Charge Account Agreement with the Bank, that the Bank intends to transfer Receivables arising in such Obligor's Account to the SRI Receivables Master Trust (unless and until such time as the Bank shall have received an Opinion of Counsel to the effect that such notice is not required under applicable law to perfect the interest of the Buyer or such Trust in such Receivables).

More Definitions of Charge Account Agreement

Charge Account Agreement means the agreement, which may consist of more than one document, pursuant to which a Person is obligated to pay for purchased merchandise or services under a credit plan that permits such Person to purchase merchandise and services on credit, together with any finance charges and other charges related thereto, as such agreement may be amended, modified or supplemented from time to time; PROVIDED, that only agreements between such Person and (i) an Originator or (ii) the creditor of an account designated as an Automatic Additional Account or Supplemental Account under this Agreement shall be considered a Charge Account Agreement hereunder.

Charge Account Agreement means the agreement between a Person and Granite, which may consist of more than one document, pursuant to which Granite agrees to make loans to a Person to enable such Person to pay for purchased merchandise or services or to obtain cash advances under a revolving credit plan that permits such Person to purchase merchandise and services or to obtain cash advances on credit, together with any finance charges and other charges related thereto, as such agreement may be amended, modified or supplemented from time to time.

Charge Account Agreement means the agreement pursuant to which a Person is obligated to pay for purchased merchandise or services under a credit plan that permits such Person to purchase merchandise and services on credit, together with any finance charges and other charges related thereto, as such agreement may be amended, modified or supplemented from time to time; PROVIDED that only agreements between such Person and (i) an Originator or (ii) the creditor of an account approved by each Rating Agency as an Automatic Additional Account or Supplemental Account shall be considered a Charge Account Agreement hereunder.

Charge Account Agreement means the agreement (and the related ------------------------ application) for an FCNB Preferred Charge account between any Obligor and FCNB, as the same may be amended, modified or otherwise changed from time to time.

Charge Account Agreement shall have the meaning specified in the Pooling and Servicing Agreement).

Charge Account Agreement means the agreement (and the related application) for any Account, as such agreement may be amended, modified or otherwise changed from time to time in accordance with the terms hereof.

Charge Account Agreement means an agreement with the Seller or, with respect to Charge Accounts acquired by the Seller after the Cut-Off Date, an agreement as to which the Seller is an assignee or is otherwise an obligee, pursuant to which a Person is obligated to pay for purchased merchandise or services under a credit plan that permits such Person to purchase merchandise and services on credit, together with any finance charges and other charges related thereto, as such agreement may be amended, modified or supplemented from time to time.