Common use of Underwriting Criteria Clause in Contracts

Underwriting Criteria. Marketer and Bank have developed the Credit Criteria and Standards applicable to the issuance of Cards. Bank shall have the right to approve, disapprove or modify the Credit Criteria and Standards and the policies and procedures used in connection with the solicitation and evaluation of potential cardholders to ensure the safety and soundness of Bank and the Bankcard Program.

Appears in 2 contracts

Sources: Bankcard Marketing Agreement (Credit Store Inc), Bankcard Marketing Agreement (Credit Store Inc)