Coverage Proceeds definition
Coverage Proceeds means (a) any amounts recovered pursuant to any credit life insurance policies covering any Obligor with respect to Receivables under such Obligor's Account, and (b) any amounts received pursuant to any debt cancellation agreement covering any Obligor with respect to Receivables under such Obligor's Account.
Coverage Proceeds means (a) any amounts recovered pursuant to any credit life insurance policies covering any Obligor with respect to Receivables under such Obligor's Account, and (b) any amounts received pursuant to any debt cancellation agreement covering any Obligor with respect to Receivables under such Obligor's Account. G. "Interchange." The definition of "Interchange" is hereby inserted in its appropriate alphabetical position: "Interchange" shall mean interchange fees or interchange reimbursement fees, paid or payable to Sears National Bank with respect to the Accounts, in its capacity as credit card issuer, in connection with cardholder purchases of merchandise and services and cardholder cash advances. H. The definition of "Receivable" is amended and restated in its entirety to read as follows: "Receivable" shall mean any amount owing by any Obligor under an Account from time to time, including, without limitation, amounts owing for the payment of goods and services (including, without limitation, if applicable, cash advances, balance transfers or amounts owing under convenience checks), finance charges, and other charges, if any. A Receivable shall be deemed to have been created at the end of the day on the Date of Processing of such Receivable. A Receivable shall not include any amount owing under a Charged-Off Account or an Account in which the Receivables have been repurchased pursuant to the Pooling and Servicing Agreement.
Coverage Proceeds means (a) any amounts recovered pursuant to any credit life insurance policies covering any Obligor with respect to Receivables under such Obligor's Account, and (b) any amounts received pursuant to any debt cancellation agreement covering any Obligor with respect to Receivables under such Obligor's Account. E. "Interchange." The definition of "Interchange" is hereby inserted in its appropriate alphabetical position: "Interchange" shall mean interchange fees or interchange reimbursement fees, paid or payable to the Bank with respect to the Accounts, in its capacity as credit card issuer, in connection with cardholder purchases of merchandise and services and cardholder cash advances. F. "Receivable." The definition of "Receivable" is amended and restated in its entirety to read as follows: