Rights of Bank if Purchase Option not Exercised. (a) If this Agreement expires or is terminated and (i) Company gives notice that it will not exercise the Purchase Option, or (ii) Company has provided Bank the Purchase Notice but is unable to consummate the purchase of the Program Assets prior to the end of the Purchase Option period, Company shall provide Bank with interim servicing for a period not to exceed [*], except as indicated below in this Section 15.3(a) (the “Company Interim Servicing Period”), commencing as of the Termination Date; provided, however, Bank may request in writing that the Company Interim Servicing Period be for a period of less than [*]; provided, further, that the Company Interim Servicing Period shall terminate upon the conversion of Accounts from Company’s processing system to Bank’s processing system (or a third-party processor designated by Bank) (“Conversion”). In the event of a termination of this Agreement as a result of a Bank Event of Default of a type described in Section 13.2(c) or (d), the Company Interim Servicing Period shall extend until and end upon Conversion, even if such Conversion occurs after the end of the [*] period referred to above, but in such event, Bank shall agree, at Company’s request, to terminate charging privileges on the Accounts following the Termination Date.
Rights of Bank if Purchase Option not Exercised. If this Agreement expires or is terminated and FDS gives written notice that it shall not exercise its option referred to in Section 16.2 or otherwise fails to exercise its option within the time period specified in Section 16.2, the FDS Companies shall have no further rights whatsoever in the Program Assets. In such event, the following provisions shall apply:
Rights of Bank if Purchase Option not Exercised. (i) If this Agreement expires or is terminated and Bon-Ton does not exercise its purchase option referred to above or otherwise fails to exercise their option within the time period specified above, Bon-Ton shall have no further rights to the Accounts. In such event, Bank shall have the right on or after the expiration or termination of this Agreement to issue to Cardholders a replacement or substitute credit card (which card must not bear any Proprietary Designations of Bon-Ton or any of its Affiliates or any other design features confusingly similar to the Proprietary Designations) with such characteristics as Bank considers appropriate (the cost of card re-design and re-issue being borne by Bank). Subject to Applicable Law, Bank shall also have the right to notify Cardholders that Bank shall cease providing credit under the Accounts and require repayment of all amounts outstanding on all Accounts until all Accounts have been repaid. Bank shall also have the right to sell the Accounts to a third party purchaser other than any person or entity that directly or indirectly competes with the business of Bon-Ton and its Affiliates.
Rights of Bank if Purchase Option not Exercised. (a) If this Agreement expires or is terminated and Pier 1 gives written notice that it shall not exercise their option referred to in Section 16.2 or otherwise fails to exercise its option within the time period specified in Section 16.2, Pier 1 shall have no further rights whatsoever in the Program Assets. In such event, Bank shall have the right in its sole discretion on or after the expiration or termination of this Agreement to:
Rights of Bank if Purchase Option not Exercised. (a) If this Agreement expires or is terminated and the NMG Companies give written notice that they shall not exercise their option referred to in Section 17.2 or otherwise fail to exercise their option within the time period specified in Section 17.2, the NMG Companies shall have no further rights whatsoever in the Program Assets. In such event, Bank shall have the right in its sole discretion on or after the expiration or termination of this Agreement to:
Rights of Bank if Purchase Option not Exercised. The parties agree as set forth on Schedule 16.3 with respect to the rights of Bank if Kohl’s Purchase Option is not exercised.
Rights of Bank if Purchase Option not Exercised. If this Agreement expires or is terminated and Macy’s gives written notice that it shall not exercise its option referred to in Section 16.2 or otherwise fails to exercise its option within the time period specified in Section 16.2, the Macy’s Companies shall have no further rights whatsoever in the Program Assets. In such event, the following provisions shall apply:
Rights of Bank if Purchase Option not Exercised. (a) If this Agreement is terminated and Dillard's does not give written notice that it will exercise its option referred to in Section 14.2, Dillard's shall have no further rights whatsoever in the Program Assets, provided that Bank shall have given Dillard's ten (10) days advance written notice of the expiration of the repurchase option period. Bank has the right at its sole discretion on or after the termination of the Agreement to:
Rights of Bank if Purchase Option not Exercised. (a) If this Agreement expires or is terminated after the Closing Date and (i) Company gives notice that it will not exercise the Purchase Option, (ii) Company fails to exercise the Purchase Option within the timeframe set forth in Section 15.2(c) or (iii) Company has provided Bank the Purchase Notice but Company subsequently determines and notifies Bank that it has determined that neither Company nor a Nominated Purchaser will consummate the purchase of the Program Assets, Company shall provide Bank with interim servicing during the period (the “Company Interim Servicing Period”) specified in and in accordance with the provisions of Schedule 15.3.
Rights of Bank if Purchase Option not Exercised. (a) If this Agreement expires or is terminated and BAR gives written notice that it shall not exercise the Purchase Option or otherwise fails to exercise the Purchase Option in accordance with Section 17.2(b), neither Belk nor BAR shall have any further rights whatsoever in the Program Assets. In such event, Bank shall have the right in its sole discretion on or after the expiration or termination of this Agreement to:
