Replacement Payment Processor. The Operating Companies may add or replace Payment Processors and Credit Card Issuers to the extent permitted under the terms of the Master Agency Agreement; provided that the applicable Payment Processor, the applicable Operating Companies and the Borrower enter into a Payment Processing Agreement that provides for such rights for the Borrower and the Agent as are set forth in the Existing Payment Processor Agreements (substantially consistent with the Processing Agreement Amendments) ceteris paribus.
Appears in 3 contracts
Sources: Credit Agreement (Macy's, Inc.), Credit Agreement (Macy's, Inc.), Credit Agreement (Macy's, Inc.)