Household Bank definition
Examples of Household Bank in a sentence
Each Party acknowledges that no representations, agreements, or promises were made to it by the other Party other than those representations, agreements or promises specifically contained in this Agreement and in the Transaction Documents and in a separate confidentiality letter signed by Household Bank dated March 21, 2002.
The Company and Household Bank shall each pay 50% of the amount charged by such Independent Appraiser(s) for determining fair market value.
Household Bank has full power and authority to execute and deliver this Agreement and to perform its obligations hereunder.
The Company makes the following representations and warranties to Household Bank, each of which is true and correct as of the date hereof and shall be true and correct as of the Closing Date and shall be unaffected by any investigation heretofore or hereafter made by Household Bank.
Collections of Finance Charge Receivables include a portion, determined pursuant to the Agreement, of the Interchange paid or payable to Household Bank (SB), N.A. (the "Bank") through VISA USA, Inc.
Each of the Saks Companies and Household Bank covenants that it will comply with all applicable Requirements of Law in connection with the Program, including any applicable Requirements of Law relating to debt collection, privacy and antitrust.
In consideration of the mutual promises, covenants, and agreements set forth below and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Merchant and HSBC agree as follows: 1 “HMY Roomstore, Inc.” was inadvertently misspelled in the Beneficial Contract as “H Y Roomstore, Inc.” 2 Beneficial was later merged into Household Bank (SB), N.A. in 2002.
All personnel of Household Bank and the Saks Companies handling such Cardholder Information, Charge Transaction Data and Confidential Information shall be appropriately trained in the implementation of the applicable information security policies and procedures.
The Saks Companies shall take commercially reasonable steps to conduct all activities of the Saks Companies in respect of the Accounts in a high quality manner, in such a way as not to disparage or embarrass Household Bank or its name, and with a level of service to Cardholders that is not less in any material respect than the level of service provided to holders of Store credit cards by the Company and its Affiliates in respect of such activities prior to the date hereof.
In the performance of its duties or obligations under this Agreement, no Saks Company shall be deemed to be the agent of Household Bank and Household Bank shall not be deemed to be the agent of any Saks Company and each Party shall at all times take whatever measures as are necessary to ensure that its status shall be that of an independent contractor.