Commercial Card Program definition

Commercial Card Program means the program established in accordance with these Commercial Card Program Service Materials, pursuant to which Royal Bank will issue Cards to Employees of the Customer and provide the Customer and Cardholders access to RBC NextLogic.

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Commercial Card Program means the program being established between the Corporate and RBL Bank herein for issuance by RBL Bank of Commercial Cards to the Corporate and/ or employees and officers of the Corporate;

Commercial Card Program shall have the meaning assigned to such term in Section 6.01(p).

Examples of Commercial Card Program in a sentence

• At the time Royal Bank and the Customer establish the Commercial Card Program, the Customer will have to choose between two (2) billing option types for each Customer Account that is opened: corporate billing (“Corporate Billing”) or individual billing (“Individual Billing”).

• At the time the Commercial Card Program is established, Royal Bank will set the Card Facility Credit Limit, disclosed in the box on the last page of these Commercial Card Program Service Materials.

• Royal Bank may, at any time, sell, transfer or assign any or all of Royal Bank’s rights under these Commercial Card Program Service Materials.

• If the Customer asks Royal Bank to automatically process payments as a PAD, the Customer will be bound by the terms and conditions set out in Rule H1 of the Rules of Payments Canada, as amended from time to time, as well as these Commercial Card Program Service Materials and the Legal Terms and Conditions.

• At the request of the Customer and subject to the approval of Royal Bank, the Customer and Royal Bank will establish the Commercial Card Program in accordance with such documentation as may be specified by Royal Bank.

• Except as otherwise set out in these Commercial Card Program Service Materials, the Customer may pay the Debt in respect of any Account in full or in part at any time.

• If more than one Authorized Person is signing below, each Authorized Person signing below confirms having the power and authority to sign these Commercial Card Program Service Materials on behalf of the Customer and to legally bind the Customer.

• For greater certainty, termination of the Commercial Card Program and these Commercial Card Program Service Materials will result in termination of all related Services, including all Cards and RBC NextLogic Services.

• These fees are set out in the “Other Fees” sub-section of these Commercial Card Program Service Materials.

• At the time the Commercial Card Program is established or shortly after, the Customer will be required to make various decisions and selections with respect to the administration, management and maintenance of the Commercial Card Program.

More Definitions of Commercial Card Program

Commercial Card Program means the non-revolving charge card program established by Bank pursuant to this Agreement under which Commercial Cards are issued for use at JCPenney for commercial purposes, and pursuant to which the Commercial Cardholder is required to pay the balance in full upon a specified number of days after billing. The term “Commercial Card Program” includes the extension of credit by Bank to Commercial Cardholders, ▇▇▇▇▇▇▇▇, collections, accounting between the parties and all aspects of the customized charge card plan contemplated herein. For avoidance of doubt, Authorized Entities shall not accept Commercial Cards without Bank’s prior written consent.

Commercial Card Program means the Card Products and Ancillary Services offered by U.S. Bank or a Participating Bank.

Commercial Card Program means the Card Products and Ancillary Services offered by U.S. Bank or a participating bank.