Private Label Accounts definition

Private Label Accounts means the (i) Accounts linked to Private Label Credit Cards and (ii) Accounts linked to Co-Branded Credit Cards solely for the purpose of financing the purchase of FDS Goods and Services (and all fees and charges relating thereto) through any FDS Channel (except any such FDS Channel that has not provided for cross-acceptance of such Credit Card from another FDS Channel, the marks of which are linked to such Co-Branded Credit Card).

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Private Label Accounts means the Accounts linked to Private Label Credit Cards and usable solely for the purpose of financing the purchase of Goods and Services (and all fees and charges relating thereto) through any Company Channel.

Private Label Accounts means the (i) Accounts linked to Private Label Credit Cards and (ii) Accounts linked to Co-Branded Credit Cards solely for the purpose of financing the purchase of Macy’s Goods and Services (and all fees and charges relating thereto) through any Macy’s Channel (except any such Macy’s Channel that has not provided for cross‑acceptance of such Credit Card from another Macy’s Channel the marks of which are linked to such Co-Branded Credit Card).

Examples of Private Label Accounts in a sentence

Private Label Accounts - Accounts due on the Borrowers’ private label credit card programs.
Bank shall not charge back any Company Transactions on Co-Branded Accounts or Private Label Accounts, but rather shall refer such transaction disputes to Company’s Cardholder Service center for resolution.
The Parties agree to align certain Private Label Account incentives payable to the Macy’s Companies only with the generation of activated new Private Label Accounts and not with both activated new Private Label Accounts and Private Label Account applications, thereby enhancing overall Program performance, while intending that such realignment not negatively impact the total amount of such Private Label Account incentives payable to the Macy’s Companies.
This Class B Certificate does not represent an obligation of, or an interest in, Transferor or Servicer, and neither the Series 1997-1 Certificates nor the Accounts or Receivables are insured or guaranteed by the Federal Deposit Insurance Corporation or (except for Receivables in Private Label Accounts) any other governmental agency.
Private Label Accounts – Accounts due on the Borrowers’ private label credit card programs.
Retailers acknowledge that Co-brand Accounts and Private Label Accounts may be subject to different financial and/or other credit terms.
If the Late Fee Reversal Percentage with respect to the Private Label Accounts reflected in the Year-End Settlement Sheet with respect to the preceding Fiscal Year is greater than the applicable High Collar, the NMG Companies shall pay Bank an amount equal to (A) the Late Fee Reversal Percentage with respect to the Private Label Accounts minus the applicable High Collar, multiplied by (B) the aggregate amount of all late fees assessed on the Private Label Accounts during such preceding Fiscal Year.
If the Late Fee Reversal Percentage with respect to the Private Label Accounts for such Fiscal Year is less than the applicable Low Collar, Bank shall pay the NMG Companies an amount equal to (A) the applicable Low Collar minus the Late Fee Reversal Percentage with respect to the Private Label Accounts, multiplied by (B) the aggregate amount of all late fees assessed on the Private Label Accounts during such preceding Fiscal Year.
This Class A Certificate does not represent an obligation of, or an interest in, Transferor or Servicer, and neither the Series 1997-1 Certificates nor the Accounts or Receivables are insured or guaranteed by the Federal Deposit Insurance Corporation or (except for Receivables in Private Label Accounts) any other governmental agency.
If the Finance Charge Reversal Percentage with respect to the Private Label Accounts for such Fiscal Year is less than the applicable Low Collar, Bank shall pay the NMG Companies an amount equal to (A) the applicable Low Collar minus the Finance Charge Reversal Percentage with respect to the Private Label Accounts, multiplied by (B) the aggregate amount of all finance charges assessed on the Private Label Accounts during such preceding Fiscal Year.

More Definitions of Private Label Accounts

Private Label Accounts means (i) the Accounts linked to Private Label Credit Cards and (ii) Accounts linked to Dual-Line Credit Cards solely for the purpose of financing the purchase of NMG Goods and Services (and all fees and charges relating thereto) through any NMG Channel.

Private Label Accounts or “Accounts”) and will accept private label credit cards and general purpose credit cards issued under the Program (“Private Label Cards” and “General Purpose Cards”, respectively, and together, “Program Cards”), all in accordance with the terms set forth below, including mandatory arbitration of disputes between us, instead of class actions or jury trials. This Agreement supersedes and replaces in its entirety any previous agreement concerning the establishment of Program-related Accounts and the acceptance of Program Cards by Professional. If Professional is a new participant in the Program, this Agreement is effective upon Bank’s approval of Professional’s application to participate in the Program. If Professional is an existing participant under the Program, this Agreement will be effective when Professional submits a transaction to or through Bank for processing thirty (30) days or more after receipt of this Agreement (or Bank’s having made this Agreement available to Professional, including on a website designated by Bank), and on ce effective, its terms will apply to new transactions processed by Professional as well as transactions processed under any predecessor agreement replace d hereby. For clarity, this Agreement shall not supersede any other type agreement between Bank and P rofessional, including any agreement through which Bank provides network-branded bankcard processing to Professional.

Private Label Accounts means those certain Accounts existing as of August 30, 1999 and arising out of Borrower's sales of Inventory to customers pursuant to Borrower's existing private label credit card arrangements, together with those of Borrower's Books and any General Intangibles related to such Accounts all as more completely described on Schedule P-2. The Private Label Accounts are to be sold to Credit Card Issuer pursuant to the Permitted Accounts Sale Agreement "Samu▇▇▇.▇▇▇" ▇▇ans Samu▇▇▇.▇▇▇, ▇▇c., a Delaware corporation, and a wholly owned subsidiary of Borrower.