Credit Card Notification definition
Credit Card Notification has the meaning assigned to such term in Section 5.11.
Credit Card Notification has the meaning specified in Section 7.17.
Credit Card Notification means a notice to a Credit Card Issuer or Credit Card Processor who is party to a Credit Card Agreement, in form and substance reasonably satisfactory to the Agent, which Credit Card Notification shall require the ACH or wire transfer no less frequently than each Business Day (and whether or not there are then any outstanding Obligations) of all payments due to any Borrower from such Credit Card Issuer or Credit Card Processor to a Deposit Account of any Borrower that is subject to a Control Agreement in favor of Agent.
Examples of Credit Card Notification in a sentence
Within 30 days of the Closing Date (or such later date as Agent may agree), deliver to the Agent copies of notifications (each, a "Credit Card Notification") substantially in the form attached hereto as Exhibit C-2, or otherwise in form and substance reasonably acceptable to Agent, which have been executed on behalf of such ▇▇▇▇▇▇▇▇ and delivered to such Borrower's Credit Card Issuers and Credit Card Processors listed on Schedule 4.24.
No Borrower shall enter into any agreements with Credit Card Issuers or Credit Card Processors other than the ones expressly contemplated herein or in Section 4.24 unless Agent has received a copy of the Credit Card Notification sent to such new or additional Credit Card Issuer or Credit Card Processor.
More Definitions of Credit Card Notification
Credit Card Notification has the meaning provided in Section 2.21(c).
Credit Card Notification has the meaning specified in Section 6.01(m)(i)(A).
Credit Card Notification means, collectively, the notices to Credit Card Issuers or Credit Card Processors who are parties to Credit Card Agreements in substantially the form of Exhibit Q or such other form as is reasonably satisfactory to the Administrative Agent.
Credit Card Notification as defined in subsection 4.16(c).
Credit Card Notification collectively, the notices to Credit Card Issuers or Credit Card Processors who are parties to Credit Card Agreements, which Credit Card Notifications shall require the ACH or wire transfer no less frequently than each Business Day (and whether or not there are then any outstanding Obligations) of all payments due from Credit Card Processors to (i) a DDA, (ii) a Concentration Account, or (iii) any other deposit account in the United States with respect to which a control agreement is in place between the applicable Qualified Loan Party, the applicable depositary institution and the Administrative Agent or the Collateral Agent (or over which any such Agent has “control” whether or not pursuant to a control agreement).
Credit Card Notification collectively, the notices to Credit Card Issuers or Credit Card Processors who are parties to Credit Card Agreements, which Credit Card Notifications shall require the ACH or wire transfer no less frequently than each Business Day (and whether or not there are then any outstanding Obligations hereunder) of all payments due from Credit Card Processors to (i) a DDA or (ii) a Concentration Account.
Credit Card Notification shall have the meaning provided in Section 10.9(c)(i);