Promotional Financing definition
Examples of Promotional Financing in a sentence
Settlement [***] [***] Credit Sales [***] [***] Promotional Financing [***] [***] Credit Card Applications, New Accounts [***] [***] [***] [***] [***] [***] Service Level Standards [***] [***] [***] [***] [***] Cardholder Loyalty Program [***] [***] Bank shall provide the following reports to Retailer [***].
The Credit Promotions will be subject to Promotional Discount Charges payable by JCPenney to Bank in accordance with the calculation set forth in Schedule 2.7 (Promotional Financing Programs).
In addition to the forgoing, the parties shall have the rights and obligations set forth in Schedule 2.7 (Promotional Financing Programs).
The Net Promotional Program Credit Sales exceeding the Promotional Financing Cap (reflected as a dollar amount and calculated as [***]) during the prior twelve (12) month period, will be subject to a Discount Rate.
Retailer payments to Bank each Program Year, if applicable, would be determined on an annual basis as follows: Net Promotional Program Credit Sales (reflected as a dollar amount) minus the product of [***] equals the Net Promotional Program Credit Sales in excess of the Promotional Financing Cap.