Converted Accounts definition

Converted Accounts means Private Label Accounts that are converted to Co-Branded Accounts as set forth in Section 2.9, together with Co-Branded Accounts which have been converted from Private Label Accounts since the inception of the Program.
View Source
Converted Accounts means any Customer or group of Customers in the Territory for which Company and Representative mutually agree to have a Company employee act as a sales representative after the Second Sales Year, and subject to the terms in Section 3.3 below.
View Source
Converted Accounts means those Pier 1 Program Accounts sold to Bank under the terms of the Portfolio Purchase and Sale Agreement.
View Source

Examples of Converted Accounts in a sentence

  • Borrower will not amend either the TCSI Account Purchase Agreement or the Converted Accounts Agreement without the prior written consent of Lender in its sole discretion.

  • As to Converted Accounts in each such category, Bank shall determine which Converted Cardholders are eligible to be issued a new Account and corresponding Credit Card.

  • Accordingly, you will no longer receive a Bank account statement by U.S. Mail for your Converted Accounts.

  • At all times after the end of the Second Sales Year, Company and Representative may mutually agree to have the Company’s employees act as direct sales representatives for the Product in the Territory for Converted Accounts, in lieu of Representative and its sales representatives.

  • Borrower will not engage in any line of business other than purchasing Unconverted Accounts from TCSI pursuant to the TCSI Account Purchase Agreement, acquiring Credit Card Receivables pursuant to the Converted Accounts Agreement, and holding and disposing of the Assets, without the prior written consent of Lender, which consent may be withheld for any reason or no reason.

  • The Converted Accounts are a part thereof, and will be until the Conversion Date, when they will have been sold to Bank under the Portfolio Purchase and Sale Agreement.

  • Borrower shall not incur any contractual liabilities except liabilities under this Agreement, the 23 30 Account Purchase Agreements, the Converted Accounts Sale Agreements and the Forward Purchase Agreements.

  • If at any time Franchisee's Share as calculated under the Franchise Agreement would be greater with respect to Converted Accounts than Franchisee's Share as calculated under the Initial Agreement, Franchisee's Share and Franchisor's Share on ▇▇▇▇▇▇▇▇ from Converted Accounts thereafter and forevermore shall be determined in accordance with the Franchise Agreement.

  • Franchisor's Split and Franchisee's Split on ▇▇▇▇▇▇▇▇ from Converted Accounts shall continue to be determined in the same manner as set forth under the Initial Agreement (e.g., using billed hours to determine Adjusted Gross Margin Dollars rather than billed dollars) for so long as such calculation is more advantageous to Franchisee than if calculated under the terms of the Franchise Agreement.

  • With regards to commissions earned from Affiliated Referrers (as described in Exhibit C), InterPayments shall pay the percentage of the Collected Fees during the Calculation Period with respect to Converted Accounts generated by Affiliated Referrers as set forth on Exhibit C.


More Definitions of Converted Accounts

Converted Accounts means those Zale Program Accounts sold to Bank under the terms of the Portfolio Purchase and Sale Agreement (i) with a fair market value of at or below par and (ii) that do not fall into a category listed in Schedule 2.5(d).
View Source
Converted Accounts means each credit card account established between an Issuing Bank and an Obligor as the result of the Obligor's decision to Convert an Unconverted Account, the Receivables of which are transferred to the Buyer pursuant to Section 2.2, and identified in the records of TCSI and the buyer as Pool Identification Number 2000100.
View Source
Converted Accounts means Accounts as to which the Account Debtor has agreed to transfer part or all of the outstanding balance of an Account to a current outstanding balance on a newly issued credit card and has satisfied the underwriting criteria for issuance of the credit card.
View Source

Related to Converted Accounts

  • Designated Accounts means any and all unsecured credit facilities (including without limitation unsecured card or non-card credit facility) that you have with the Participating FIs and excludes joint accounts, any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility that is excluded under the MAS regulations relating to unsecured credit facilities to individuals.

  • Funds and Accounts means funds and accounts created pursuant to or referred to in Section 501

  • Audited Accounts means the audited accounts of the Company and of each of the Subsidiaries and the audited consolidated group accounts of the Group for the financial period ended on the Balance Sheet Date;

  • Related Account means an Account with respect to which a new credit account number has been issued by the applicable Account Owner or Servicer or the applicable Transferor under circumstances resulting from a lost or stolen credit card and not requiring standard application and credit evaluation procedures under the Credit Card Guidelines.

  • Linked Account means any controlled disbursement account, controlled balance account or other deposit account maintained by a Collection Account Bank for the Parent, Performance Guarantor, Servicer, Originator or any Affiliate thereof and linked to any Collection Account by a zero balance account connection or other automated funding mechanism or controlled balance arrangement.