Credit Card Guidelines definition

Credit Card Guidelines means the respective policies and procedures of the Account Owner, as the case may be, as such policies and procedures may be amended from time to time, (a) relating to the operation of its credit card business, which generally are applicable to its portfolio of revolving credit card accounts and in each case which are consistent with prudent practice, including the policies and procedures for determining the creditworthiness of credit card customers and the extension of credit to credit card customers, and (b) relating to the maintenance of revolving credit card accounts and collection of credit card receivables.
Credit Card Guidelines means the applicable Account Owner’s policies and procedures (a) relating to the operation of its credit card business, including the policies and procedures for determining the creditworthiness of credit card customers and the extension of credit to credit card customers, and (b) relating to the maintenance of credit card accounts and the collection of credit card receivables.
Credit Card Guidelines means written policies and procedures of the Credit Card Originator relating to the operation of its consumer revolving lending business, including, without limitation, the written policies and procedures for determining the creditworthiness of credit card customers, the extension of credit to credit card customers and relating to the maintenance of credit card accounts and collection of receivables with respect thereto, as such policies and procedures may be amended, modified, or otherwise changed from time to time in conformance with all Requirements of Law, the failure to comply with which would have a material adverse effect on interests hereunder of Investor Certificateholders.

Examples of Credit Card Guidelines in a sentence

  • In the ordinary course of business, the Servicer may at any time delegate any duties hereunder to any Person who agrees to conduct such duties in accordance with the Credit Card Guidelines.

  • In the ordinary course of business, the Servicer may at any time delegate its duties hereunder with respect to the Accounts and the Receivables to any Person that agrees to conduct such duties in accordance with the Credit Card Guidelines and this Agreement.

  • The Servicer shall not permit any rescission or cancellation of any Receivable except in accordance with the Credit Card Guidelines or as ordered by a court of competent jurisdiction or other Governmental Authority.

  • In the ordinary course of business, the Servicer may at any time delegate any duties hereunder to any Person that agrees to conduct such duties in accordance with the Credit Card Guidelines and this Agreement.

  • In the ordinary course of business, Servicer may at any time delegate any duties hereunder to any Person who agrees to conduct such duties in accordance with the Credit Card Guidelines and this Agreement.


More Definitions of Credit Card Guidelines

Credit Card Guidelines means, with respect to any Account and the related Receivables, the respective policies and procedures of the Account Owner (as of any date of determination, as such policies and procedures may be amended from time to time), or of the Account Originator (as of the date of origination of the Account), (a) relating to the operation of its credit card business as of such date, which generally are applicable to its portfolio of revolving credit card accounts or, in the case of an Account Owner that has only a portion of its portfolio subject to a Receivables Purchase Agreement, applicable to such portion of its portfolio, and in each case which are consistent with prudent practice, including the policies and procedures for determining the creditworthiness of credit card customers and the extension of credit to credit card customers, and (b) relating to the maintenance of credit card accounts and collection of credit card receivables. "Date of Processing" shall mean, with respect to any transaction or receipt of Collections, the date on which such transaction is first recorded on the Servicer's computer file of revolving credit card accounts (without regard to the effective date of such recordation).
Credit Card Guidelines means those guidelines established by CCB, attached as Schedule 1.1(a) hereto, for the administration of the Program, as amended, modified or supplemented from time to time by CCB with the prior written consent of Today Card to the extent such consent is required pursuant to the CCB Participation Agreement; provided, Today Card will not provide such consent without the prior written consent of the Agent.
Credit Card Guidelines shall have the meaning, with respect to any Trust, specified in the applicable agreements to such Trust as set forth in Schedule 3.
Credit Card Guidelines means the policies and procedures of the Borrower, CPS, and NBGL, as the case may be, as in effect on the Closing Date, relating to the operation of their respective credit card businesses, including the creditworthiness of credit card customers, the extension of credit to credit card customers, the terms on which repayments are required to be made, and the terms relating to finance charges and the amounts thereof and relating to the maintenance of credit card accounts and collection of credit card receivables.
Credit Card Guidelines has the meaning set forth in the Transfer and Servicing Agreement.
Credit Card Guidelines means the Credit Card Guidelines attached hereto as Exhibit A, as amended from time to time with the prior approval of NextCard, the Administrative Agent and the Bank.
Credit Card Guidelines has the meaning specified in the Indenture.