Common use of Continued Observance Clause in Contracts

Continued Observance. To the extent that, during the Term, Customer in any way sells, transfers or divests itself, in whole or in part, of one or more Affiliates or Cards that would have been subject to the terms of this Agreement had no such sale, transfer or divestiture occurred, Customer shall cause the continued observance by the entity acquiring such Affiliates or Cards of the terms of this Agreement relating to such Affiliates or Cards following such sale, transfer or divestiture.

Appears in 2 contracts

Sources: Prepaid Card Agreement (Prepaid Card Holdings, Inc.), Prepaid Card Agreement (Prepaid Card Holdings, Inc.)