Common use of Credit Card Guidelines Clause in Contracts

Credit Card Guidelines. The Servicer has delivered the Credit Card Guidelines as changed through the date hereof, and since such date, no change has been made in the Credit Card Guidelines that would impair the collectibility of any substantial portion of the Receivables or otherwise result in a Material Adverse Effect.

Appears in 1 contract

Sources: Certificate Purchase Agreement (Saks Inc)

Credit Card Guidelines. The Servicer has delivered the Credit Card Guidelines as changed through the date hereof, and since such date, no material adverse change has been made occurred in the Credit Card Guidelines that would impair the collectibility overall rate of any substantial portion collection of the Receivables or otherwise result in a Material Adverse EffectReceivables.

Appears in 1 contract

Sources: Certificate Purchase Agreement (Saks Inc)