Synchrony Bank definition
Examples of Synchrony Bank in a sentence
Synchrony Card Funding hereby acknowledges the terms and conditions of this Agreement and, further, covenants that it will not subject the Retained Interest to any credit risk mitigation or other hedge, or sell, transfer or otherwise surrender all or part of the rights, benefits or obligations arising from the Retained Interest, other than as directed by Synchrony Bank and as permitted in accordance with the terms of this Agreement.
PayPal Savings is a deposit account provided by Synchrony Bank in which you can deposit funds and subsequently access those funds by transferring them back to your eligible Balance Account.
When you link PayPal Savings to your PayPal account, you authorize PayPal and Synchrony Bank to transfer funds between your eligible Balance Account and PayPal Savings in accordance with your instructions.
Transferor shall provide notice to Synchrony Bank, the Issuer, the Trustee and the Indenture Trustee that it has received a request to mediate or arbitrate a repurchase request.
Cause Synchrony Bank to remain a Wholly-Owned Subsidiary of the Borrower.
The notice must include your name, address, account number, and personal signature, and must be mailed to Synchrony Bank, P.O. Box 965012, Orlando, FL 32896- 5012.
This Agreement shall not be assignable in whole or in part by either Party without the other Party’s written consent, which shall not be unreasonably withheld, and any attempted assignment without such consent shall be void; except that Service Provider may assign this Agreement or transfer any of its rights or obligations under this Agreement to Synchrony Bank without the consent of Service Recipient.
Note that the FDIC insurance maximum applies to the aggregate funds in your account and any other similarly titled deposit account(s) you hold at Synchrony Bank.
Otherwise, your notice must be sent to Synchrony Bank, Legal Operation, P.O. Box 29110, Shawnee Mission, KS 66201-5320, ATTN: ARBITRATION DEMAND.
Synchrony Card Funding hereby acknowledges the terms and conditions of this Agreement and, further, covenants that it will not sell, hedge or otherwise mitigate its credit risk under or associated with the Retained Interest other than as directed by Synchrony Bank and as permitted in accordance with the terms of this Agreement.