Monthly Amex Fraud Prevention-False/Positive Ratio Targets Sample Clauses

Monthly Amex Fraud Prevention-False/Positive Ratio Targets. (for use prior to, and after, the Systems Conversion Date) • Measurement Period: Fiscal Quarter • Targets will be measured against actual Quarter performance, of which reporting will be lagged between [redacted]. • Penalty: applicable if either false/positive ratio, by fraud prevention strategy, set forth below is in excess of the applicable target specified below [redacted] SCHEDULE 4.6(d)(iii) Failure to Achieve Targets If the targets set forth in Schedule 4.6(d)(ii) are not achieved with respect to any measurement period set forth on Schedule 4.6(d)(ii) with respect to the applicable target, Bank shall have the applicable cure period set forth on Schedule 4.6(d)(ii) to modify the Risk Management Policies, work with Macy’s to adjust the target(s) as needed, according to the provision in Section 4.6 of the Agreement, or otherwise adjust its practices to achieve such targets. If the Parties do not make any such adjustments (except as otherwise provided in Schedule 4.6(d)(ii)), or if such adjustments fail to result in such targets being achieved in the first measurement period following such cure period, Bank shall make penalty payments to the Macy’s Companies as set forth on Schedule 4.6(d)(ii) (which shall control rather than Schedule 4.6(d)(i)). Such exceptions must be documented by the Bank. SCHEDULE 4.7(a)(ii) Account Terms for Accounts Originated After Effective Date and Prior to Systems Conversion Date Private Label Credit Card Terms: DEPARTMENT STORES NATIONAL BANK CREDIT CARD AGREEMENT