Instant Credit definition

Instant Credit means an Account application procedure designed to open Accounts whereby the application information is communicated to Bank either (i) verbally at Point of Sale; or (ii) systemically during the order entry process.

Instant Credit means [*].

Instant Credit means an Application procedure designed to open Accounts as expeditiously as possible at POS, whereby the Application information is communicated to the Bank systemically at POS or during the order entry process and without a paper Application being completed by an Applicant, through the electronic submission by the Applicant of a credit card or other Bank-approved identification to facilitate the necessary credit analysis required by the Risk Management Policies.

Examples of Instant Credit in a sentence

• Bank shall also make available to Company and Company may elect to utilize in its discretion, Instant Credit, pre-approved solicitations, Batch Prescreen and On-Line Prescreen application procedures as mutually agreed upon.

• It will also avoid missing payment deadlines, which generates reminders as well as unnecessary escalation and extra work, and could even result into being suspended from the Registers of Participants.Participants which prefer not to make use of SDD Core may settle their SEPA Scheme participation fee invoices by SEPA Credit Transfer (SCT) or SEPA Instant Credit Transfer (SCT Inst).

• Bank shall also make available to VS and VS may elect to utilize in its discretion, Instant Credit, pre-approved solicitations, Batch Prescreen and On-Line Prescreen application procedures as mutually agreed upon and in accordance with the Fair Credit Reporting Act and other Applicable Law, and the Operating Procedures.

• Bank will bear the credit bureau expense for Quick Credit, Internet applications, Instant Credit Applications and take-one applications.

• For Quick Credit and Instant Credit, Bank will issue an account number which may be utilized by the Cardholder for Purchases at the time of approval and prior to the issuance of the Credit Card.

More Definitions of Instant Credit

Instant Credit shall have the meaning set forth in Schedule 2.3.2.

Instant Credit is an application procedure designed to open Accounts at POS in stores, via a VRU, or through Retailer-designated websites. An Applicant’s application information, as specified in the Operating Procedures, as well as an email address and approval or disapproval of a debt cancellation product, is manually entered into the POS, signature capture device, telephone or web application and is systemically communicated to Bank for disposition. For the avoidance of doubt, Retailer, in its sole discretion, may require a valid “Reference Credit Card,” as specified in Section 5.2 of the Operating Procedures. The Joint Marketing Plan shall be funded by Bank, or as otherwise may be set forth in the applicable Joint Marketing Plan, or as determined by the Management Committee. With respect to Bank’s contribution, beginning with the first anniversary of the Program Commencement Date, Bank shall allocate to the Marketing Fund annually an amount equal to [***] of the total amount of Net Credit Sales over the twelve (12) Retailer Fiscal Months immediately prior to such anniversary date, to be used in any month. All unused funds in the Marketing Fund [***]. Bank’s contribution to the Marketing Fund shall be utilized solely to promote Next Generation Marketing within the Program, including, but not limited to the following services, to be performed by Retailer or Bank, as appropriate. [***] Notwithstanding anything to the contrary herein, on the date that is thirty-six (36) months from the Program Commencement Date, [***] of the total number of Cardholders as of such date, then use of the Marketing Fund shall not be limited to Next Generation Marketing and may be used, at Retailer’s discretion, for any type of prospecting for additional Cardholders. Consistent with current practices, Retailer shall continue to fund and perform the following: [***] The Marketing Fund shall not be used towards the following items, [***]: • Expenditures related to the Transition Plan as identified in Schedule 2.1.1 • Plastic Credit Cards or documentation for Credit Cards • New Account terms and conditions documentation, envelopes, and mailing • Collateral materials for the Program such as take-one applications • Marketing of approved ancillary products and services • Billing Statements • Compensation of Bank staff • Bank overhead • Operations of the Program such as customer service, data processing, and other services New Account discounts and rewards liabilities, including rewards bonus points,...

Instant Credit. Where instant credit is granted under this Agreement, you may draw on credit up to the agreed credit limit notified to you at the time instant credit is granted.

Instant Credit means Pier 1’s POS new Account acquisition. See also Schedule 2.2 (b) regarding Quick Credit.

Instant Credit means an Application procedure designed to open Accounts as expeditiously as possible at POS, whereby the Application information is communicated to the Bank systemically at POS or during the order entry process and without a paper Application being completed by an Applicant, through the electronic submission by the Applicant of a credit card or other Bank- approved identification to facilitate the necessary credit analysis required by the Risk Management Policies.

Instant Credit means the generally applicable new Account acquisition process at Stage's physical POS via manual data entry, as in effect on June 1, 2012 and modified from time to time by agreement of the parties.

Instant Credit means a Credit Card Application procedure for a Private Label Credit Card whereby the Credit Card Application information is communicated to Bank by Company either (i) verbally at the POS at the time of a transaction; or (ii) systemically during the order entry process.