Credit card bank definition

Credit card bank means an institution that is primarily engaged in credit card operations, which does not accept demand deposits or deposits that the depositor may withdraw by check or similar means for payment to third parties or others, and which does not engage in the business of making commercial loans.
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Credit card bank means DMCCB and any other Person that issues credit cards to be formed or acquired by the Borrower or one of the Subsidiaries.
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Credit card bank means Direct Merchants Credit Card Bank, National Association, and any other Person that issues credit cards to be formed or acquired by either Pledgor or one of its Subsidiaries.
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Examples of Credit card bank in a sentence

  • A processing bank or trust company is an institution whose non-lending interest income, fiduciary revenues, and investment banking fees, combined, exceed 50 percent of total revenues (and its fiduciary revenues are non-zero), and has had $10 billion or more in total assets for at least four consecutive quarters.(t) Credit card bank.

  • Credit card, bank fees and other operating costs (1.8 ) Due primarily to reduced inventory levels and corresponding physical inventory count fees.

  • Credit card bank feeds are live!Back in October FreeAgent announced the launch of credit card bank feeds.

  • Automated optimal architecture of deepconvolutional neural networks for image recognition, in: 2016 15th IEEE International Conference on Machine Learning and Applications (ICMLA), IEEE.

  • Credit card bank statements of CSA employees for the period 2016 to 2019; 3.2.1.1.16.


More Definitions of Credit card bank

Credit card bank means any Person (other than the Parent Borrower or any of its Subsidiaries) that, with respect to any Credit Card Program that is in effect on the Closing Date (or any replacement or renewal thereof), is a Lender or Agent or an Affiliate of a Lender or Agent, in its capacity as a party to such Credit Card Program.
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Credit card bank has the meaning set forth in Section 2.01.
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Credit card bank means Direct Merchants Credit Card Bank, National Association and any other FDIC-insured limited purpose credit card national bank(s) to be formed or acquired by the Company or one of the Subsidiaries, which shall engage only in the business activities specified in Section 2(c)(2)(F) of the Bank Holding Company Act of 1956, as amended by the Competitive Equality Banking Act of 1987, as amended. ARTICLE 4
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Credit card bank means National Bank of the Great Lakes, a national banking association and wholly owned subsidiary of the Borrower.
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Credit card bank means a national bank that has its principal place of business in this state or a bank organized under the laws of this state, the activities of which are limited by law to those permitted pursuant to subsection (3).
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Related to Credit card bank

  • Credit Card Issuer means any Person (other than a Loan Party) who issues or whose members issue credit cards or debit cards, including, without limitation, MasterCard or VISA bank credit or debit cards or other bank credit or debit cards issued through MasterCard International, Inc., Visa, U.S.A., Inc. or Visa International and American Express, Discover, Diners Club, Xxxxx Xxxxxxx and other non-bank credit or debit cards, including, without limitation, credit or debit cards issued by or through American Express Travel Related Services Company, Inc. or Discover Financial Services, Inc.

  • Credit card means any card, plate, coupon book, or other credit device ex- isting for the purpose of obtaining money, property, labor, or services on credit.

  • Card Account means the account maintained with the Bank in respect of the card;

  • Concentration Account Bank shall have the meaning assigned to such term in Section 9.01(e)(i).

  • Merchant means any corporate entity, person or other establishment, supplying goods and/or services, which a Card Scheme Member Bank has approved and made arrangements to accept the Card or the Card numbers as a mode of payment or reservation by the Cardholder.