Nautilus 2010 Annual Report Download - page 70

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e.
" Chargeback
" means Merchant's repurchase of any Credit Agreement and Account assigned
and sold by Merchant to the Company under this Agreement.
f.
“ Chargeback Price ” shall have the meaning set forth in Section 6 b .
g.
“ Chargeback Trigger ” shall have the meaning set forth in Section 6 a .
h.
" Credit Agreement ”
means the credit agreement providing for the extension of credit to a Credit
Customer.
i.
" Credit Customer " means the customer in whose name and Account is opened.
j.
“ Credit Documents ” shall have the meaning set forth in Section 2 d .
k.
" Credit Sale
" means any sale of Goods that Merchant makes to a customer that is financed by
the Company under the Program.
i.
“ Damages ” shall have the meaning set forth in Section 12 a .
m.
“ Disclosure Statement ”
means the form of disclosures made to Credit Customers under the
Program.
n.
" Goods
" means the products sold by Merchant in the ordinary course of Merchant's business to
consumers for individual, family, personal or household use.
o.
" Internet Application
" means any Credit Agreement under the Program which is submitted to the
Merchant on-
line via the Merchant's web site by a potential customer of Merchant for the purpose of
obtaining credit.
p.
“ Initial Term ” shall have the meaning set forth in Section 13 .
q.
“ Liens ” shall have the meaning set forth in Section 4 j .
r.
“ Notice of Acceptance ” shall have the meaning set forth in Section 2 b .
s.
“ Notice of Chargeback ” shall have the meaning set forth in Section 6 b .
t.
“ Notice of Shipment ” shall have the meaning set forth in Section 2 c .
u.
“ Offer ” shall have the meaning set forth in Section 2 a .
v.
" Program
" means the revolving credit program promoted by Merchant whereby the Company will
offer to provide financing for qualified consumers purchasing Merchant's Goods pursuant to the terms
of this Agreement.
w.
“ Proprietary Materials ” shall have the meaning set forth in Section 16 .
x.
“ Purchase Date ” shall have the meaning set forth in Section 2 b .
y.
“ Purchase Price ” shall have the meaning set forth in Section 2 c .
z.
“ Renewal Term(s) ” shall have the meaning set forth in Section 13 .