Examples of PLCC Program in a sentence
For the avoidance of doubt, the Service Level Standards shall apply to both the Co-Brand Program and the PLCC Program.
For the avoidance of doubt, the Service Level Standards shall apply to both the Co-Brand Program and the PLCC Program following the launch of the PLCC Program, including during the ninety (90) day period referred to above.
The Direct Settlement Process will be implemented for the PLCC Program and Co-Brand Program prior to the launch of the PLCC Program.
Bank will establish and administer (a) the Marketing Fund and (b) the Relaunch/Revitalization Fund for the launch of the PLCC Program and the relaunch and revitalization of the Co-Brand Program in accordance with the provisions set forth on Schedule 6.2 hereto.
Each of Bank and Retailer acknowledges and agrees that the implementation of the Direct Settlement Process shall be a condition precedent to the launch of the PLCC Program.
Prior to the launch of the PLCC Program, Bank shall meet the average approval rates for the Co-Brand Cards in accordance with Schedule 7.4(b) of the Prior Agreement and the Minimum Initial Credit Lines for the Co-Brand Program as provided below.
If the PLCC Program has not been launched by February 29, 2012 and Bank is otherwise in a position to do so but for Retailer’s failure due to Retailer’s fault (or any vendor or service 1 The timing for each task shall be jointly decided by the parties to meet a PLCC Program launch of no later than February 29, 2012, with the responsibility for completing each item (and, if applicable, the date therefor) allocated to one or both parties as part of the PLCC Launch Plan.
Neither Bank nor Company will have the right to terminate the PLCC Program or the Co-Brand Program separately.
Upon the launch of the PLCC Program, amounts owing under Section 2(a) shall be paid each Business Day in accordance with Section 3.1. Amounts owing under Section 6 and 7 herein shall be paid within thirty (30) calendar days after the end of each Program Year following the Effective Date during the Term.
The PLCC Program and Co-Brand Program will be made available to approved consumers in the United States and its territories for the financing of purchases of products and services through the Company Sales Channels and, in the case of the Co-Brand Program, from other retailers at Non-Company Locations, all in accordance with the terms of this Agreement.