Eligible Credit Card Account means a Credit Card Account established by the Seller on which one or more credit cards have been issued pursuant to the related Cardholder Agreement and in accordance with the Visa Manual, the Mastercard Rules, or the by-laws or regulations of any other similar entity or organization relating to the Credit Card Accounts and which provides for the extension of credit on a revolving basis by the Seller to the cardholder under the related Cardholder Agreement to (i) finance the purchase of products and services from Persons that accept a Specific Account Designation credit card as a method of payment for such products and services; and/or (ii) obtain cash advances directly or indirectly by way of credit card cheques and balance transfers, and which is not an Ineligible Account.
Eligible Credit Card Account means a valid credit card facility provided by St.George Bank in respect of an eligible credit card to which purchases made by cardholders are charged.
Eligible Credit Card Account subject to the immediately succeeding sentence, each Credit Card Account owing to, and earned by performance by, a Borrower that arises in the Ordinary Course of Business from a credit card processor and/or credit card issuer and that is deemed by Agent, in its Permitted Discretion, to be an Eligible Credit Card Account. Without limiting the foregoing, the following shall not constitute Eligible Credit Card Accounts:
Examples of Eligible Credit Card Account in a sentence
In the event that the relevant Eligible Credit Card Account is delinquent, voluntarily or involuntarily closed or terminated or suspended for any reason whatsoever before the Offer(s) are awarded, CIMB reserves the right not to award the Offer(s).
A product eligible for enrollment in the Program is a checking account or a credit card account listed in Table 1 of this Section II (referred to singularly as an Eligible Checking Account or an Eligible Credit Card Account or an "Eligible Product" or collectively as "Eligible Products"), except that a checking account listed in Table 1 will not be considered an Eligible Checking Account if such account is opened as an agency account, custodial account, estate account, or guardianship account.
To enjoy the Spending Installment Handling Fee Offer, the Designated Eligible Credit Card Account must be valid on the date when the Bank credits the rebate and the Eligible Cardholder must have good repayment records.
Bonus Point/Spending Rebate offered will be credited to the Principle Card’s Eligible Credit Card Account by the Bank in October 2018.
If you have an enrolled Eligible Credit Card Account, but do not have an enrolled Eligible Checking Account , then you may earn points for certain transactions and bonus activities outlined in the Guide (defined below), but you will be limited in your ability to earn points for opening new Relationship Products.
More Definitions of Eligible Credit Card Account
Eligible Credit Card Account any Credit Card Account owing to a Borrower except any Credit Card Account with respect to which any of the following exclusionary criteria set forth below applies. No Account shall be an Eligible Credit Card Account if:
Eligible Credit Card Account means at the time of any determination thereof, any Credit Card Account that satisfies the following criteria at the time of creation and continues to meet such criteria at the time of such determination: such Credit Card Account (i) is owned by a Borrower; (ii) has been earned by performance and represents the bona fide amount due to the applicable Borrower from a credit card issuer or credit card processor, and in each case originated in the ordinary course of business of the applicable Borrower; (iii) unless owed by Visa, MasterCard, American Express Company, or Discover, is acceptable to the Applicable Agent in its Permitted Discretion; and (iv) is not ineligible for inclusion in the calculation of the Term Loan Borrowing Base pursuant to any of clause (a) through clause (m) following. Without limiting the foregoing, to qualify as an Eligible Credit Card Account, a Credit Card Account must indicate no Person other than a Borrower as payee or remittance party. In determining the amount to be so included, the face amount of a Credit Card Account will be reduced by, without duplication, to the extent not reflected in such face amount or otherwise excluded below, (y) the amount of all accrued and actual discounts, claims, credits or credits pending, promotional program allowances, price adjustments, finance charges, or other allowances (including any amount that the applicable Borrower may be obligated to rebate to a customer, a credit card issuer or a credit card processor pursuant to the terms of any agreement or understanding (written or oral)) and (z) the aggregate amount of all cash received in respect of such Credit Card Account but not yet applied by the applicable Borrower to reduce the amount of such Credit Card Account. Except as otherwise agreed by the Applicable Agent in its Permitted Discretion, a Credit Card Account will not be and Eligible Credit Card Account if:
Eligible Credit Card Account means a Credit Card Account established by the Seller on which one or more credit cards have been issued pursuant to the related Credit Card Agreement and in accordance with the Visa Manual, the MasterCard Rules, or the by-laws and regulations of any other similar entity or organization relating to Credit Card Accounts which provides for the extension of credit on a revolving basis by the Seller to the cardholder under the related Credit Card Agreement to (a) finance the purchase of products and services from Persons that accept a Specified Account Designation credit card as a method of payment for such products and services and/or (b) obtain cash advances directly or indirectly by way of credit card cheques and balance transfers, and which is not a Secured Account.”;
Eligible Credit Card Account means at the time of any determination thereof, any Credit Card Account that satisfies the following criteria at the time of creation and continues to meet such criteria at the time of such determination: such Credit Card Account (i) is owned by a Borrower; (ii) has been earned by performance and represents the bona fide amount due to the applicable Borrower from a credit card issuer or credit card processor, and in each case originated in the ordinary course of business of the applicable Borrower; (iii) unless owed by Visa, MasterCard, American Express Company, or Discover, is acceptable to the Administrative Agent in its Permitted Discretion; and (iv) is not ineligible for inclusion in the calculation of the Borrowing Base pursuant to any of clause (a) through clause (m) following. Without limiting the foregoing, to qualify as an Eligible Credit Card Account, a Credit Card Account must indicate no Person other than a Borrower as payee or remittance party. In determining the amount to be so included, the face amount of a Credit Card Account will be reduced by, without duplication, to the extent not reflected in such face amount or otherwise excluded below, (y) the amount of all accrued and actual discounts, claims, credits or credits pending, promotional program allowances, price adjustments, finance charges, or other allowances (including any amount that the applicable Borrower may be obligated to rebate to a customer, a credit card issuer or a credit card processor pursuant to the terms of any agreement or understanding (written or oral)) and (z) the aggregate amount of all cash received in respect of such Credit Card Account but not yet applied by the applicable Borrower to reduce the amount of such Credit Card Account. Except as otherwise agreed by the Administrative Agent in its Permitted Discretion, a Credit Card Account will not be and Eligible Credit Card Account if:
Eligible Credit Card Account means an ANZ Platinum, ANZ Low Rate, ANZ Rewards Platinum, ANZ Rewards Black, ANZ Frequent Flyer Platinum, ANZ Frequent Flyer Black or ANZ Rewards Travel Adventures credit card account, or any other ANZ credit card account which ANZ, in its discretion, determines to be an Eligible Credit Card Account.
Eligible Credit Card Account means a Credit Card Account established by the Seller on which one or more credit cards have been issued pursuant to the related Credit Card Agreement and in accordance with the Visa Manual, the MasterCard Rules, or the by-laws and regulations of any other similar entity or organization relating to Credit Card Accounts and which provides for the extension of credit on a revolving basis by the Seller to the cardholder under the related Credit Card Agreement to (a) finance the purchase of products and services from Persons that accept a Specified Account Designation credit card as a method of payment for such products and services and/or
Eligible Credit Card Account means a valid credit card facility provided by BankSA in respect of an eligible credit card to which