Discount Rate. The applicable discount rate referred to in Section 4.1.1 shall be the then applicable discount rate determined in accordance with the matrix set forth in Exhibit 4.1.5; PROVIDED that in the event of a legislated or judicial reduction in the annual percentage rate or fees that may be charged by the Bank to Cardholders, the Company and the Bank agree to negotiate in good faith an increase in the discount rate.
Appears in 9 contracts
Samples: Credit Card Processing Agreement (Alliance Data Systems Corp), Credit Card Processing Agreement (Alliance Data Systems Corp), Credit Card Processing Agreement (Alliance Data Systems Corp)
Discount Rate. The applicable discount rate referred to in ------------- Section 4.1.1 shall be the then applicable discount rate determined in accordance with the matrix set forth in Exhibit 4.1.5; PROVIDED provided that in the -------- event of a legislated or judicial reduction in the annual percentage rate or fees that may be charged by the Bank to Cardholders, the Company and the Bank agree to negotiate in good faith an increase in the discount rate.
Appears in 1 contract
Samples: Credit Card Processing Agreement (Charming Shoppes Inc)
