Common use of Sears Co-Branded Cards Clause in Contracts

Sears Co-Branded Cards. Subject to Section 2.1, Purchaser will comply with the Card Association Regulations applicable to it in connection with the operation of all applicable aspects of the Program related to the Sears Co-Branded Cards, other than those applicable to Co-Branded Card Sale transactions, wherein Sears Co-Branded Card transactions are to be processed as Sears Card transactions.

Appears in 2 contracts

Samples: Merchant Agreement (Sears Holdings Corp), Program Agreement (Sears Canada Inc.)

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Sears Co-Branded Cards. Subject to Section 2.1, Purchaser Sears will comply with the Card Association Regulations applicable to it merchants in connection with the operation of all applicable aspects of the Program related to the Sears Co-Branded Cards, other than those applicable to Co-Branded Card Sale transactions, wherein Sears Co-Branded Card transactions will not be subject to an interchange fee except in accordance with Section 7.3 of the Program Agreement, and are to be processed as Sears Card transactions.

Appears in 2 contracts

Samples: Merchant Agreement (Sears Holdings Corp), Program Agreement (Sears Canada Inc.)

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