AENB definition

AENB means American Express National Bank, a national banking association, and its successors and permitted assigns.

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AENB shall have the meaning specified in the initial paragraph of this Agreement.

AENB has the meaning stated in the first paragraph hereof.

Examples of AENB in a sentence

• If we allow you to remotely deposit such checks (by transferring images of the front and back of the original checks to us, as described in a separate Remote Check Deposit Terms and Conditions attached), the endorsement should include the words "For Mobile Deposit at AENB Only".

• Notwithstanding anything in this Agreement to the contrary, TRS or AENB, as Servicer, may assign part or all of its obligations and duties as Servicer under this Agreement to an Affiliate of TRS so long as TRS or AENB, as the case may be, shall have fully guaranteed the performance of such obligations and duties under this Agreement and such assignment will not constitute a resignation within the meaning of this Section 5.5.

• The Indenture Trustee shall furnish TRS, AENB and the Transferor with any documents and information relating to the Indenture Trustee necessary or appropriate to enable such parties to comply with the Securities Act and the Securities Exchange Act, including the rules contained in 17 CFR Parts 210, 228, 229, 230, 232, 239, 240, 242, 245 and 249 of Regulation AB.

• Checks that are payable to your business should be endorsed on the back in the name of your business, and also include the words “For Deposit at AENB only” and your Account number underneath.

• In the event that TRS is no longer acting as Servicer, any Successor Servicer shall deliver or make available to AENB and TRS each certificate and report required to be provided thereafter pursuant to subsection 3.3(b), Section 3.4 and subsections 3.5(a) and (b), as well as information reasonably requested by AENB or TRS.

• Notwithstanding anything in this Agreement to the contrary, TRS or AENB, as Servicer, may assign part or all of its obligations and duties as Servicer under this Agreement to an Affiliate of TRS so long as TRS or AENB, as the case may be, shall have fully guaranteed the performance of such obligations and duties under this Agreement and such assignment will not constitute a resignation.

• Checks that are payable to your business should be endorsedon the back in the name of your business, and also include the words “For Deposit at AENB only” and your Account number underneath.

• As of April 1, 2018 (the “Bank Merger Date”), (i) Centurion has converted into AENB pursuant to the National Bank Act and regulations of the Office of the Comptroller of the Currency, and (ii) FSB has merged with and into AENB pursuant to the Agreement and Plan of Merger, dated February 23, 2018, between AENB and FSB.

• Pursuant to Section 3.01 of the Pooling and Servicing Agreement, the Servicer hereby confirms engagement of AENB to subservice and administer the Receivables arising in the Accounts owned by AENB (the “Receivables”).

• Pursuant to Section 3.1 of the Servicing Agreement, the Servicer hereby confirms engagement of AENB to subservice and administer the Receivables arising in the Accounts owned by AENB (the “Receivables”).

More Definitions of AENB

AENB or the “Subservicer”), and American Express Receivables Financing Corporation VIII LLC, as Transferor (“RFC VIII” or the “Transferor”).

AENB means American Express National Bank; “Affiliate” means any entity that controls, is controlled by, or is under common control with either party, including its subsidiaries. As used in this definition, “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies on an entity, whether through the ownership of voting securities, by contract, or otherwise. For the avoidance of doubt, but not by way of limitation, the direct or indirect ownership of more than 50% of (i) the voting securities or (ii) an interest in the assets, profits, or earnings of an entity shall be deemed to constitute “control” of the entity; “Card” means an American Express® Corporate Card, Corporate Purchasing Card, Business Card, or other American Express® Card designated as being eligible for the Service, as determined by us; “Card Agreement” means (i) if you are an American Express® Corporate Card or Corporate Purchasing Card customer, the Corporate Services Commercial Account Agreement, Master Commercial Payment Services Agreement or other corporate account agreement(s) pertaining to such Card, between you and us or (ii) if you are an American Express® Business Card customer, the Card Member Agreement pertaining to such Card, between you and AENB; “Customer Data” means any data provided by you or your Users for incorporation in or use with the Service and any data output from the Service from the processing of such data entered or provided; “Documentation” means all manuals, end-user documentation, quick-reference guides and other related materials pertaining to the Service; “Portal” means the web application developed by us through which you and your Users can access the Software and the Service; “Supplier” means any person or entity through which you are procuring goods and/or services; “System Administrator” means the person designated by you and approved by us who holds administrative rights on your Account and your Users’ use of the Service; and “User(s)” means the System Administrator and any other person(s) designated by the System Administrator and approved by us as authorized users of the Service under your Account, as determined during your implementation of the Service or as designated by the System Administrator thereafter from time to time.

AENB shall have the meaning specified in the initial paragraph of this “AENB – TRS Agreement” shall mean that certain Amended and Restated Receivables Purchase Agreement, dated as of April 1, 2018, between AENB and TRS, as the same may be, or may have been, amended, supplemented or otherwise modified from time to time.

AENB means American Express National Bank, a national banking association.