Common use of Cardholder Data Clause in Contracts

Cardholder Data. (a) As among the Parties hereto, the Cardholder Data shall be the property of and exclusively owned by the Company. The Servicer acknowledges and agrees that it has no proprietary interest in the Cardholder Data. (b) Any modifications to the Program Privacy Policy shall be made by the Company, provided that, the Program Privacy Policy shall comply with Applicable Law at all times. (c) The Servicer shall use and disclose the Cardholder Data in compliance with Applicable Law and the Program Privacy Policy solely (****). (d) The Servicer shall not, directly or indirectly, sell, transfer, or rent (or permit others to do same), the Cardholder Data, and shall not, directly or indirectly, disclose the Cardholder Data, other than a disclosure in compliance with Applicable Law and the Program Privacy Policy for the purposes set forth in Section 5.02(c); provided, that: (i) (****); (ii) (****); and (iii) (****). (e) The Servicer shall transmit to the Company each day by a secure data feed into Company Systems designated by the Company from time to time, in formats agreed to by the Parties in advance from time to time the data set forth on Schedule 5.02(e). (f) For the avoidance of doubt, nothing in this Agreement shall restrict the Company’s ability to use and disclose the Cardholder Data.