Open Card Account definition
Open Card Account means any active or dormant Card account that has an available funds balance associated with the Card account. All invoices shall be accompanied by a statement reflecting the details of such charges in form reasonably satisfactory to Licensees and the Company. Prior to the Launch Date, Licensees shall provide to the Company a written example with estimated charges for the Company’s review and comment.
Examples of Open Card Account in a sentence
Monthly Service Fee: $15,000 per month-due 30 days after invoice Monthly Open Account Fee: $0.25 per Open Card Account per month due 30 days after invoice.