Credit Card Notification definition

Credit Card Notification has the meaning assigned to such term in Section 5.11.

Credit Card Notification has the meaning provided in Section 2.21(c).

Credit Card Notification has the meaning specified in Section 6.01(m)(i)(A).

Examples of Credit Card Notification in a sentence

• Unless consented to in writing by the Administrative Agent, no Credit Party will enter into any agreements with credit card or debit card issuers or processors other than the ones set forth on Part F of Schedule 10.12 unless (1) the Borrowers have delivered an updated Schedule 10.12 to the Administrative Agent describing such arrangement and (2) a Credit Card Notification is executed and delivered in accordance with Section 5.03(b).

• Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Credit Card Notification.

• Unless consented to in writing by the Agent, the Borrowers may not enter into any agreements with additional credit card processors unless contemporaneously therewith, a Credit Card Notification is executed and delivered to the Agent.

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• Additionally, with respect to each Credit Card Notification, the Administrative Agent hereby acknowledges and agrees that it will not deliver any request for statements or other information until after the occurrence and during the continuance of an Event of Default.

More Definitions of Credit Card Notification

Credit Card Notification shall have the meaning provided in Section 5.03(b).

Credit Card Notification means, collectively, the notices to Credit Card Issuers or Credit Card Processors who are parties to Credit Card Agreements in substantially the form of Exhibit Q or such other form as is reasonably satisfactory to the Administrative Agent.

Credit Card Notification collectively, the notices to Credit Card Issuers or Credit Card Processors who are parties to Credit Card Agreements, which Credit Card Notifications shall require the ACH or wire transfer no less frequently than each Business Day (and whether or not there are then any outstanding Obligations) of all payments due from Credit Card Processors to (i) a DDA or (ii) a Concentration Account.

Credit Card Notification as defined in subsection 4.16(c).

Credit Card Notification collectively, the notices to Credit Card Issuers or Credit Card Processors who are parties to Credit Card Agreements, which Credit Card Notifications shall require the ACH or wire transfer no less frequently than each Business Day (and whether or not there are then any outstanding Obligations) of all payments due from Credit Card Processors to (i) a DDA, (ii) a Concentration Account, or (iii) any other deposit account in the United States with respect to which a control agreement is in place between the applicable Qualified Loan Party, the applicable depositary institution and the Administrative Agent or the Collateral Agent (or over which any such Agent has “control” whether or not pursuant to a control agreement).

Credit Card Notification has the meaning provided in Section 6.13.

Credit Card Notification means a notice to a Credit Card Issuer or Credit Card Processor who is party to a Credit Card Agreement, in form and substance reasonably satisfactory to Agent, which Credit Card Notification shall require the ACH or wire transfer no less frequently than each Business Day (and whether or not there are then any outstanding Obligations) of all payments due to any Borrowing Base Party from such Credit Card Issuer or Credit Card Processor to a Deposit Account of any Borrowing Base Party that is subject to a Control Agreement in favor of Agent.