Credit Card Notices definition

Credit Card Notices means those certain notices issued by Borrower in favor of Agent to the Credit Card Providers pursuant to which such Credit Card Providers agree to transfer all credit card receipts of Borrower into the Collection Account.
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Credit Card Notices means those certain notices, each in form and substance reasonably satisfactory to Agent in its Permitted Discretion, issued jointly by Agent and each applicable Borrowing Base Party to Credit Card Issuers and Credit Card Processors pursuant to which such Credit Card Issuers and Credit Card Processors are notified of Agent’s first priority security interest in all amounts due to such Borrowing Base Party under any Credit Card Agreement and the collateral assignment by such Borrowing Base Party to Agent of the right to collect and receive such amounts and are directed to make all such payments to the Collection Account set forth therein.
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Credit Card Notices means those certain notices, each in form and substance reasonably satisfactory to Agent in its Permitted Discretion, issued at the time and in the manner set forth in Section 4.15(h) pursuant to which such Credit Card Issuers and Credit Card Processors are notified of Agent’s security interest in all amounts due to the Borrowing Base Parties under any Credit Card Agreement and the collateral assignment by such Borrowing Base Parties to Agent of the right to collect and receive such amounts and are directed to make all such payments to the bank account set forth therein, which bank account shall be the subject of a deposit account control agreement in form and substance reasonably satisfactory to Agent.
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Examples of Credit Card Notices in a sentence

  • No Borrowing Base Party may change (except, upon prior written notice to Agent, to direct such funds to another Collection Account maintained with PNC) any direction or designation as to payments on Credit Card Receivables set forth in the Credit Card Notices without the prior written consent of Agent.

  • Borrower shall not deliver to the Credit Card Providers any instructions which modify or amend the Credit Card Notices or in any manner attempt to change the delivery of Borrower's credit card receipts to Agent.

  • The player may appeal the fine to the SVP - Rules and Competition as spec- ified below under “Review of Penalties for Entry and Commitment Offenses”.

  • Each Credit Party shall execute Credit Card Notices to each Credit Card Provider in favor of Agents.

  • Prior to the entry of the Final Order, each Credit Party shall execute Credit Card Notices in favor of Agent to any Credit Card Provider with which it establishes a credit card processing arrangement, substantially in the form annexed hereto as Exhibit 5.12.

  • After the Closing Date, each Credit Party shall execute Credit Card Notices in favor of Agent to any Credit Card Provider with which it establishes a credit card processing arrangement, substantially in the form annexed hereto as Exhibit 5.12.

  • Borrower shall not deliver to the Credit Card Issuers or the Credit Card Processors any instructions which modify or amend the Credit Card Notices or in any manner attempt to change the delivery of Borrower's credit card receipts to Agent.

  • There is agreement, though, that some shocks to the world economy are always likely to be unpredictable (e.g., nuclear accident in Japan, volcanic eruption in Iceland) or difficult to calibrate ex ante (e.g., the propagation of financial disturbancesfollowing the failure or default of a major financial institution, or the impact of political change on economic policy).

Related to Credit Card Notices

  • Credit Card Notifications has the meaning provided in Section 6.13(a)(i).

  • Credit Card Notification has the meaning assigned to such term in Section 5.11.

  • Credit Card Agreements means all agreements now or hereafter entered into by any Borrower or for the benefit of any Borrower, in each case with any Credit Card Issuer or any Credit Card Processor with respect to sales transactions involving credit card or debit card purchases, including, but not limited to, the agreements set forth on Schedule 5.21(b) hereto.

  • Credit Card Agreement means the open-end revolving credit agreement between a Cardholder and Bank governing the Account and Cardholder’s use of the Credit Card, together with any modifications or amendments which may be made to such agreement.

  • 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 Processor means any servicing or processing agent or any factor or financial intermediary who facilitates, services, processes or manages the credit authorization, billing transfer and/or payment procedures with respect to any Loan Party’s sales transactions involving credit card or debit card purchases by customers using credit cards or debit cards issued by any Credit Card Issuer.

  • Credit Card Account means the Account of the Cardmember opened with Maybank for the purpose of this Agreement;

  • Credit Card Guidelines means the respective policies and procedures of the Account Owner, as the case may be, as such policies and procedures may be amended from time to time, (a) relating to the operation of its credit card business, which generally are applicable to its portfolio of revolving credit card accounts and in each case which are consistent with prudent practice, including the policies and procedures for determining the creditworthiness of credit card customers and the extension of credit to credit card customers, and (b) relating to the maintenance of revolving credit card accounts and collection of credit card receivables.

  • 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.

  • Account Agreements means any lockbox account agreement, pledged account agreement, blocked account agreement, securities account control agreement, or any similar deposit or securities account agreements among the Notes Agent and/or the ABL Agent, one or more Grantors and the relevant financial institution depository or securities intermediary.

  • Lockbox Account Agreement means any replacement agreement therefor among the Servicer, the Trust Collateral Agent and the Lockbox Bank.

  • Postcard Notice means the short form of notice that shall be sent by mail to Settlement Class members who did not agree to receive notices by email, or for whom the Settlement Administrator is unable to send Email Notice using the email address provided by Defendant, in the form attached as Exhibit 1.

  • Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.

  • Blocked Account Agreements has the meaning set forth in Section 2.22(c).

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Private label credit card means any charge card, credit card, or other instrument serving a similar purpose that carries, refers to, or is branded with the name or logo of a vendor and that can only be used for purchases from the vendor.

  • Card Issuer means the financial institution or company which has provided a Card to a Cardholder.

  • Blocked Account Agreement means with respect to an account established by a Loan Party, an agreement, substantially in the form of Exhibit L hereto or otherwise in form and substance reasonably satisfactory to the Collateral Agent, establishing Control (as defined in the Security Agreement) of such account by the Collateral Agent and whereby the bank maintaining such account agrees, during any Cash Dominion Trigger Period, to comply only with the instructions originated by the Collateral Agent without the further consent of any Loan Party.

  • Account Data means: any business contact information provided with the Account; RingCentral-generated logs of calling or other metadata developed or collected in the provision of the Services; configuration data; and records of Digital Lines and any Services purchased under this Agreement.

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Deposit Account Control Agreements means, with respect to each deposit account that is required by the Collateral Agreement to be subject to a control agreement, a deposit account control agreement executed by the Borrower, the Administrative Agent as the secured party thereto, and the deposit bank, as each may be amended, restated, supplemented or otherwise modified from time to time.

  • Account Agreement means the agreements for the operation of the Account.

  • Blocked Account Control Agreement means the Cash Management Agreement among Borrower, Cash Management Account Bank and Lender providing for the exclusive control of the Cash Management Account and all other Subaccounts by Lender, substantially in the form of Exhibit A or such other form as may be reasonably acceptable to Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Lockbox has the meaning set forth in Section 2.11.

  • Card Network means Visa U.S.A., Inc., MasterCard International, Inc., American Express Travel Related Services Company, Inc., DFS Services LLC (the owner of Discover) and their affiliates, or any other payment networks approved by Bank that provide Cards accepted by Merchant.