ACCEPTANCE OF CREDIT CARDS Sample Clauses

ACCEPTANCE OF CREDIT CARDS. The Company will permit Persons who hold Credit Cards (subject to the restrictions of this Agreement) or other credit cards owned by the Bank that the Bank has designated and their authorized users ("CARDHOLDERS") to purchase goods sold by the Business without any cash payment by use of a Credit Card, subject to the following conditions:
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ACCEPTANCE OF CREDIT CARDS. Tenant must accept payment by credit card on all purchases made on the Premises, regardless of the amount of any such purchase, without limitation or restriction.
Sample 1
ACCEPTANCE OF CREDIT CARDS. Pursuant to a separate agreement between the Corporation and SBCG, SBCG shall operate the Xxxxx Xxxxxx Chicago store from April 5, 1998 through August 31, 1998. SBCG shall be permitted to accept Credit Cards from Cardholders to purchase goods sold by the Business or by SBCG at the Chicago location, subject to all of the terms and conditions set forth in the Agreement, including without limitation Section 3. The Company shall ensure that all of the terms and conditions of this Agreement are met with respect to any Credit Card transactions accepted by SBCG and shall continue to be liable for the performance of all of its obligations pursuant to the Agreement. The Company will continue to operate the point of sale credit system located at the Xxxxx Xxxxxx Chicago store and will continue to make daily transmissions to Bank. Bank shall continue to make payments to the Company pursuant to the Agreement and shall have no obligation to make any payments to SBCG. The Company shall make separate settlements with SBCG pursuant to a separate agreement between SBCG and the Company. The Company shall ensure SBCG's compliance with all Consumer Laws and the Bank's rules and operating instructions relating to the use of the Credit Cards, distribution of applications, Credit Card security, authorization procedures and "downtime" procedures. The Company shall be responsible for all Cardholder inquiries and complaints related to SBCG or the goods or services purchased from SBCG.
Sample 1
ACCEPTANCE OF CREDIT CARDS. Licensee shall accept each Credit Card presented by a Cardholder as payment for Authorized Merchandise/Services, and Sears shall reimburse Licensee for the amount of such Credit Card Sale in accordance with the terms of this Schedule, provided that Licensee complies with all of the other procedures in the Agreement and this Schedule relating to the acceptance of Credit Cards each time it makes a Credit Card Sale (as defined in the Agreement), including but not limited to the following conditions:
Sample 1

Related to ACCEPTANCE OF CREDIT CARDS

  • Advance of Credits 33.3.1 When an employee has insufficient credits to cover the granting of sick leave with pay under the provisions of clause 33.2, sick leave with pay may, at the discretion of the Council, be granted

  • Request for Credit Extension The Administrative Agent and, if applicable, the L/C Issuer or the Swingline Lender shall have received a Request for Credit Extension in accordance with the requirements hereof. Each Request for Credit Extension (other than a Loan Notice requesting only a conversion of Loans to the other Type or a continuation of Eurodollar Rate Loans) submitted by the Borrower shall be deemed to be a representation and warranty that the conditions specified in Sections 4.02(a) and (b) have been satisfied on and as of the date of the applicable Credit Extension.

  • Letter of Credit Accommodations (a) Subject to and upon the terms and conditions contained herein, at the request of Borrower, Lender agrees to provide or arrange for Letter of Credit Accommodations for the account of Borrower containing terms and conditions acceptable to Lender and the issuer thereof. Any payments made by Lender to any issuer thereof and/or related parties in connection with the Letter of Credit Accommodations shall constitute additional Revolving Loans to Borrower pursuant to this Section 2.

  • All Credit Extensions The obligation of each Lender and each Issuer to make any Credit Extension shall be subject to the satisfaction of each of the conditions precedent set forth below.

  • Collateral for Undrawn Letters of Credit (a) If the prepayment of the amount available for drawing under any or all outstanding Letters of Credit is required under Section 1.8(b), Section 1.14, Section 9.2 or Section 9.3 above, the Borrower shall forthwith pay the amount required to be so prepaid, to be held by the Administrative Agent as provided in subsection (b) below.

  • Revolving Line of Credit (a) On the Closing Date, Lender agrees to open a Revolving Line of Credit in favor of Borrower in the maximum aggregate principal amount of Ten Million Dollars ($10,000,000), reducing to Five Million Dollars ($5,000,000), effective on December 31, 1997. Subject to the fulfillment of the conditions precedent set forth in Sections 13.1 and 13.3 hereof, during the period commencing on the Closing Date and ending on the earliest to occur of (i) the Termination Date and (ii) the date of -------- termination of the Revolving Line of Credit pursuant to Section 2.6 or Section 11 below, Borrower may borrow and repay and reborrow up to a maximum aggregate principal amount of the Revolving Line of Credit; provided, however, that (A) ----------------- each Revolving Advance must be in the amount of One Hundred Thousand Dollars ($100,000) or an integral multiple thereof, (B) Revolving Advances will be made by Lender to Borrower only on the first and the fifteenth of each calendar month (or, in each instance, the next succeeding Business Day, as the case may be), (C) any Revolving Advances constituting LIBOR Rate Borrowings must be obtained and paid in accordance with Section 2.4 below, and (D) repayments of Revolving Advances shall be made in accordance with Section 2.6(a) below; and, provided, --------- further, that at no time shall the aggregate principal amount outstanding under ------- the Revolving Line of Credit exceed the Margin (such requirement being referred to herein as the "MARGIN REQUIREMENT"). If at any time hereafter the Margin ------------------ Requirement is not satisfied, Borrower agrees to repay immediately the then principal balance of the Revolving Note by that amount necessary to satisfy the Margin Requirement.

  • Each Credit Extension The Lenders shall not (except as otherwise set forth in Section 2.4(d) with respect to Revolving Loans for the purpose of repaying Swing Line Loans) be required to make any Credit Extension unless on the applicable Borrowing Date:

  • Letter of Credit Advances (i) The Borrower shall repay to the Administrative Agent for the account of each Issuing Bank and each other Lender that has made a Letter of Credit Advance on the same day on which such Advance was made the outstanding principal amount of each Letter of Credit Advance made by each of them.

  • Letter of Credit Collateral Account (a) As collateral security for the prompt payment in full when due of all Letter of Credit Liabilities and the other Obligations, the Borrower hereby pledges and grants to the Administrative Agent, for the ratable benefit of the Administrative Agent, the Issuing Bank and the Lenders as provided herein, a security interest in all of its right, title and interest in and to the Letter of Credit Collateral Account and the balances from time to time in the Letter of Credit Collateral Account (including the investments and reinvestments therein provided for below). The balances from time to time in the Letter of Credit Collateral Account shall not constitute payment of any Letter of Credit Liabilities until applied by the Issuing Bank as provided herein. Anything in this Agreement to the contrary notwithstanding, funds held in the Letter of Credit Collateral Account shall be subject to withdrawal only as provided in this Section.

  • Commitments and Credit Extensions 2.01 Revolving and Term Loans

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