Credit Card System definition
Examples of Credit Card System in a sentence
Receivables Purchaser is not subject to any agreement with any Governmental Authority or the Credit Card System that would prevent the consummation by Receivables Purchaser of the transactions contemplated by this Agreement.
Company Restricted Intellectual Property1 Method for Dual Credit Card System A dual credit card system is in two parts: a) the creation of a dual credit card; and b) the usage of a dual credit card.
Account Owner shall be responsible for making all reports to the Credit Card System that may be required by its memberships therein.
It is a bank duly authorised by the FSA to undertake all relevant aspects of its banking business in the United Kingdom and is a member of the Credit Card System.
At all times during the Term, Account Owner shall maintain its memberships in the Credit Card System.
Account Owner shall notify Receivables Purchaser, in writing, as promptly as practicable following actual knowledge of or notice to Account Owner of the occurrence of any disputes with the Credit Card System and regulatory action or any event that has caused or, with the lapse of time, will cause an Event of Default of Account Owner pursuant to Clause 5.2.
In the event that any additional requirements are imposed or recommended by the Credit Card System, the Parties each undertake to agree and make appropriate changes to the Cardholder Agreements or their operating procedures as soon as reasonably practicable and in any case within the timescale required by the Credit Card System.
As the Credit Card System is one of the services which the Bank offers as a facilitation, the Credit Card cannot be used commercially.
Account Owner shall be responsible for making all reports to the Credit Card System which may be required by its membership therein and shall comply with the Operating Regulations in connection with this Agreement.
Account Owner shall maintain its membership of the Credit Card System in good standing during the term of this Agreement.