DMCCB definition

DMCCB means Direct Merchants Credit Card Bank, National Association, or its successor.

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DMCCB means Direct Merchants Credit Card Bank, National Association, a national banking organization organized and existing under the laws of the United States of America (as predecessor in interest to HSBC Nevada).

DMCCB means Direct Merchants Credit Card Bank, N.A.

Examples of DMCCB in a sentence

• The Transferor will not conduct its business in the name of either DMCCB or Metris and will cause either DMCCB or Metris to conduct its business solely in its own name so as not to mislead others as to the identity of the entity with which those others are concerned.

• In no event shall any interest in or portion of the Class B Securities be transferred to Metris or DMCCB.

• The Transferor will not hold itself out, or permit itself to be held out, as having agreed to pay, or as generally being liable for, the debts of either DMCCB or Metris.

• The Transferor will not permit its assets to be commingled with those of either DMCCB or Metris and the Transferor shall maintain separate corporate records, books of account and bank accounts from those of either DMCCB or Metris.

• The Transferor will provide for its own operating expenses and liabilities from its own funds, except that the organizational expenses of the Transferor may be paid by either DMCCB or Metris.

• The Investor Securityholders of each Series by their acceptance of the related Securities consent to DMCCB acting as Servicer.

• The Transferor shall cause either DMCCB or Metris not to hold itself out, or permit itself to be held out, as having agreed to pay, or as generally being liable for, the debts of the Transferor except that the organizational expenses of the Transferor may be paid by either DMCCB or Metris and that either DMCCB or Metris will contribute to the Transferor on the Closing Date a demand note.

• The consultant agrees to immediately notify the state if potential violations of the Code of Governmental ethics arise at any time during the term of this contract.

• The Marketing Agreement to be entered into as of the Closing Date between CPP US and Sellers' Affiliate, DMCCB.

• DMCCB has not filed in states other than Minnesota because it believes the above referenced financial institution rules will not materially affect DMCCB, due to current interpretations of the enforceability of legislation, prior court decisions and the volume of business in states that have passed similar legislation.

More Definitions of DMCCB

DMCCB in the last reference thereto in clause (i) of such definition.

DMCCB and "DMB";

DMCCB means Direct Merchants Credit Card Bank, National Association, a national banking organization organized and existing under the laws of the United States of America and the successor by merger to DMCCB Utah. "DMCCB Utah" or "Predecessor Servicer" shall mean Direct Merchants Credit Card Bank, National Association, a national banking organization organized under the laws of the United States and located in Salt Lake City, Utah which has been merged into DMCCB. "Dollars", "$" or "U.S. $" shall mean United States dollars. "Eligible Account" shall mean, as of the Initial Closing Date (or, with respect to Additional Accounts, on the date the Credit Card Originator acquires rights therein, or, with respect to Supplemental Accounts, as of the date the Receivables arising in such Accounts are designated for inclusion in the Trust), each revolving credit consumer credit card account owned by a Credit Card Originator: