Seller credit card definition

Seller credit card means either of the following:
Seller credit card means an arrangement pursuant to which a person gives to a buyer or lessee the privilege of using a credit card, letter of credit, or other credit confirmation or identification primarily for the purpose of purchasing or leasing goods or services from that person or from that person and any other person.
Seller credit card means an arrangement pursuant to an open−end credit plan in which a person gives to a customer the privilege of using a credit card, or other credit confirmation or identification primarily for the purpose of purchasing or leasing goods or services from that person, a person related to that person or others licensed or franchised to do business under that person’s business or trade name or designation.

Examples of Seller credit card in a sentence

  • If a person did not meet these numerical standards in the preceding calendar year, the numerical standards shall be applied to the current calendar year.(19) "Seller credit card" means an arrangement which gives to a buyer or lessee the privilege of using a credit card, letter of credit, or other credit confirmation or identification for the purpose of purchasing or leasing goods or services from that person, a person related to that person, or from that person and any other person.


More Definitions of Seller credit card

Seller credit card means an arrangement that gives to a buyer or lessee the privilege of using a credit card, letter of credit, or other credit confirmation or identification for the purpose of purchasing or leasing goods or services from that person, a person related to that person, or from that person and any other person. The term includes a card that is issued by a person, that is in the name of the seller, and that can be used by the buyer or lessee only for purchases or leases at locations of the named seller.
Seller credit card means an arrangement that gives to a buyer
Seller credit card means an arrangement pursuant to an open−end credit plan in which a person gives to a customer the privilege of using a credit card, or other credit confirmation or
Seller credit card means either:
Seller credit card means the credit cards branded with the brands as listed in Exhibit F, as such exhibit may be amended from time to time by Seller; provided that Seller shall give Company thirty (30) days’ prior written notice of any such change.
Seller credit card means an arrangement pursuant to which a person gives to a
Seller credit card means a revolving charge account that may be accessed by use of a credit card.