Credit Card Program Sample Clauses

Credit Card Program. (A) Distributor and its Dealer(s) shall participate in and comply with requirements of VMSC’s credit card program, and shall cause each Station to honor VMSC’s proprietary credit cards and all major credit cards identified in VMSC’s Credit Card Sales Guide as an authorized card for purchases made at such Station(s), provided that such sales are made in accordance with the terms and conditions of VMSC’s “Credit Card Sales Guide”, which Distributor acknowledges has been received and reviewed by Distributor prior to its execution of this Agreement. VMSC’s Credit Card Sales Guide may be amended, changed, or otherwise modified from time to time at VMSC’s sole and absolute discretion. Distributor’s and its Dealer(s)’ honoring of VMSC’s proprietary credit cards and compliance with the terms, conditions, and requirements of VMSC’s Credit Card Sales Guide is a material and important part of the consideration for this Agreement.
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Credit Card Program. (A) Distributor shall participate in and comply with, and shall assure that its Dealers participate in and comply with, the requirements of VMSC’s credit card program (including any fees payable to VMSC in connection therewith as specified by VMSC from time to time), and shall cause each Station to honor VMSC’s proprietary credit cards and all major credit cards identified in VMSC’s “Credit Card Sales Guide” as an authorized card for purchases made at such Stations, provided that such sales are made in accordance with the terms and conditions of VMSC’s Credit Card Sales Guide. Distributor acknowledges that VMSC’s Credit Card Sales Guide has been received and reviewed by Distributor prior to its execution of this Agreement. VMSC’s Credit Card Sales Guide may be amended, changed, or otherwise modified from time to time at VMSC’s sole and absolute discretion. Distributor acknowledges that the honoring of VMSC’s proprietary credit cards and compliance with the terms, conditions, and requirements of VMSC’s Credit Card Sales Guide by Distributor and its Dealers is a material and important part of the consideration for this Agreement.
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Credit Card Program. (A) Distributor shall participate in and comply with, and shall assure that its Dealers participate in and comply with, the requirements of VMSC’s credit card program (including any fees payable to VMSC in connection therewith as specified by VMSC from time to time), and shall cause each Station to honor VMSC’s proprietary credit cards and all major credit cards identified in VMSC’s “
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Credit Card Program. Buyer shall (i) reimburse Seller for all costs, expenses, Liabilities and Losses and (ii) indemnify and hold harmless Seller from any costs, expenses, Liabilities and Losses, in each case with respect to any Transferred Employee’s use of Seller’s credit card program after the date hereof.
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Credit Card Program. Unit members who are required to travel in the performance of official business shall be authorized full participation in the District’s American Express Credit Card Program, and will be granted all rights, privileges and responsibilities associated with that program. The Union agrees to join with the District in encouraging employees to use their American Express Credit Card in accordance with the contract agreement entered into with American Express upon issuance of the card.
Sample 1
Credit Card Program. (i) An amendment shall be made to the Credit ------------------- Card Program which is not approved by the Bankruptcy Court, or (ii) the Credit Card Program shall fail to remain in full force and effect, or (iii) any default by MW under the Credit Card Program (after the expiration of any applicable grace period) shall occur and be continuing which has not been waived and which provides any party thereunder with the right to terminate obligations of such party to extend credit to the customers of MW pursuant thereto or to purchase customer receivables thereunder from MW, as the case may be, or (iv) a court of competent jurisdiction shall enter an order terminating all or a substantial part of such Credit Card Program, or (v) a court of competent jurisdiction shall enter an order rejecting any Account Related Agreement as an executory contract pursuant to Section 365 of the Bankruptcy Code unless an Alternate Credit Program shall be in full force and effect as of the date of such rejection.
Sample 1
Credit Card Program. In connection with Borrower’s execution and delivery of the Control Agreement and the depositing of the Pledged Cash (i) the Agent hereby agrees that, so long as the Pledged Cash shall be maintained as security for the Credit Card Program in the amount of not less than $2,000,000 (or such lesser amount as may be agreed by BofA), no Bank Product Reserve or any other Availability Reserve shall be imposed under the Credit Agreement in respect of the Credit Card Program and (ii) BofA hereby agrees that so long as the Pledged Cash is maintained as security for the Credit Card Program in the amount of not less than $2,000,000 (or such lesser amount as may be agreed by BofA) it shall not terminate the Credit Card Program as a result of the institution by or against any Loan Party of a proceeding under any Debtor Relief Law; provided that, unless a cash management order or other applicable order has been entered in form and substance reasonably acceptable to BofA, BofA reserves its right temporarily to suspend the Credit Card Program at any time after the date that is one week after the Borrower’s filing of an Insolvency Proceeding and continuing until such an order has been entered; and (iii) each of the Lenders party hereto consents to the Borrower’s execution and
Sample 1
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Related to Credit Card Program

  • Deposit Accounts; Credit Card Processors Open new DDAs (other than Excluded DDAs and Retail DDAs) unless the Loan Parties shall have delivered to the Agent appropriate Blocked Account Agreements consistent with the provisions of Section 6.12 and otherwise satisfactory to the Agent. No Loan Party shall maintain any bank accounts or enter into any agreements with Credit Card Issuers or Credit Card Processors other than the ones expressly contemplated herein or in Section 6.12 hereof.

  • Credit Card Agreements Each Borrower and Guarantor shall (a) observe and perform all material terms, covenants, conditions and provisions of the Credit Card Agreements to be observed and performed by it at the times set forth therein; (b) not do, permit, suffer or refrain from doing anything, as a result of which there could be a default under or breach of any of the terms of any of the Credit Card Agreements and at all times maintain in full force and effect the Credit Card Agreements and not terminate, cancel, surrender, modify, amend, waive or release any of the Credit Card Agreements, or consent to or permit to occur any of the foregoing; except, that, any Borrower or Guarantor may terminate or cancel any of the Credit Card Agreements in the ordinary course of the business of such Borrower or Guarantor; provided, that, such Borrower or Guarantor shall give Agent not less than ten (10) Business Days prior written notice of its intention to so terminate or cancel any of the Credit Card Agreements; (c) not enter into any new Credit Card Agreements with any new Credit Card Issuer unless Agent shall have received not less than ten (10) Business Days prior written notice of the intention of such Borrower or Guarantor to enter into such agreement (together with such other information with respect thereto as Agent may request) and such Borrower or Guarantor delivers, or causes to be delivered to Agent, a Credit Card Acknowledgment in favor of Agent; (d) give Agent immediate written notice of any Credit Card Agreement entered into by such Borrower or Guarantor after the date hereof, together with a true, correct and complete copy thereof and such other information with respect thereto as Agent may reasonably request; (e) furnish to Agent, promptly upon the request of Agent, such information and evidence as Agent may require from time to time concerning the observance, performance and compliance by such Borrower or Guarantor or the other party or parties thereto with the terms, covenants or provisions of the Credit Card Agreements; and (f) not modify any instructions given by Agent to any Credit Card Issuer or Credit Card Processor provided for in any Credit Card Acknowledgement or otherwise direct the remittance of payments under any Credit Card Agreement to any account other than the Blocked Account.

  • Deposit Accounts; Credit Card Arrangements (a) Annexed hereto as Schedule 5.21(a) is a list of all DDAs maintained by the Loan Parties as of the Closing Date, which Schedule includes, with respect to each DDA (i) the name and address of the depository; (ii) the account number(s) maintained with such depository; (iii) a contact person at such depository, and (iv) the identification of each Blocked Account Bank.

  • Designated Accounts The Collection Account, the Note Distribution Account and the Reserve Account, collectively. Determination Date: The tenth day of each calendar month, or if such tenth day is not a Business Day, the next succeeding Business Day. Discount Rate: 0.00% per annum.

  • Payments on Receivables, Accounts The Seller will, and will cause each Originator to, at all times instruct all Obligors to deliver payments on the Pool Receivables to a Lock-Box Account. If any such payments or other Collections are received by the Seller or an Originator, it shall hold such payments in trust for the benefit of the Administrator and the Purchasers and promptly (but in any event within two Business Days after receipt) remit such funds into a Lock-Box Account. The Seller will cause each Lock-Box Bank to comply with the terms of each applicable Lock-Box Agreement. The Seller will not permit the funds other than Collections on Pool Receivables and other Pool Assets to be deposited into any Lock-Box Account. If such funds are nevertheless deposited into any Lock-Box Account, the Seller will promptly identify such funds for segregation. The Seller will not, and will not permit the Servicer, any Originator or other Person to, commingle Collections or other funds to which the Administrator, any Purchaser Agent or any Purchaser is entitled with any other funds. The Seller shall only add, and shall only permit an Originator to add, a Lock-Box Bank (or the related lock-box or post office box), or Lock-Box Account to those listed on Schedule II to this Agreement, if the Administrator has received notice of such addition, a copy of any new Lock-Box Agreement and an executed and acknowledged copy of a Lock-Box Agreement in form and substance acceptable to the Administrator from any such new Lock-Box Bank. The Seller shall only terminate a Lock-Box Bank or close a Lock-Box Account (or the related lock-box or post office box), upon 30 days’ advance notice to the Administrator.

  • Agreement with Respect to Credit Card Business The Assuming Bank agrees to honor and perform, from and after Bank Closing, all duties and obligations with respect to the Failed Bank's credit card business, and/or processing related to credit cards, if any, and assumes all outstanding extensions of credit with respect thereto.

  • Transactions in Foreign Custody Account (a) Except as otherwise provided in paragraph (b) of this Section 3.8, the provision of Sections 2.2 and 2.7 of this Contract shall apply, mutatis mutandis to the foreign securities of the Fund held outside the United States by foreign sub-custodians.

  • Dealer Agreement The sales and/or servicing agreements between CAC or its subsidiaries and a participating Dealer which sets forth the terms and conditions under which CAC or its subsidiaries (i) accepts, as nominee for such Dealer, the assignment of Contracts for purposes of administration, servicing and collection and under which CAC or its subsidiary may make advances to such Dealers and (ii) accepts outright assignments of Contracts from Dealers or funds Contracts originated by such Dealer in the name of CAC or any of its subsidiaries, in each case as such agreements may be in effect from time to time.

  • New Accounts Contractor may ask State Agencies and other Authorized Users to provide information in order to facilitate the opening of a customer account, including documentation of eligibility to use New York State Contracts, agency code, name, address, and contact person. State Agencies shall not be required to provide credit references.

  • Merchant has the power and authority to authorize the automatic funds transfer provided for in the Merchant Agreement;

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