Common use of General Parameters Clause in Contracts

General Parameters. Subject to the terms and conditions of this Agreement, Household and Merchant hereby establish the Program and shall participate in the Program during the term of this Agreement for the purpose of extending revolving credit with respect to Accounts for the purchase of Goods from Merchant. Household, a credit card bank in the business of providing revolving credit financing pursuant to a credit card, has agreed to provide financing under the Program to individual qualified consumers purchasing Merchant's Goods pursuant to the terms and conditions set forth in this Agreement.

General Parameters. Subject to the terms and conditions of this Agreement, Household and Merchant hereby establish the Program and shall participate in the Program during the term of this Agreement for the purpose of extending revolving credit with respect to Accounts for the purchase of Goods from Merchant. Household, a credit card bank in the business of providing revolving credit financing pursuant to a credit card, has agreed to provide financing under the Program to individual qualified consumers purchasing Merchant's ’s Goods pursuant to the terms and conditions set forth in this Agreement.