Maestro Global Rules (PDF) - MasterCard

Special Issuer Programs
5.2 Affinity and Co-Brand (A/CB) Card Programs
6. the extent to which the Customer, and not the A/CB partner, is portrayed
as the owner of the A/CB program.
5.2.4 Ownership of Receivables
An A/CB partner is prohibited from owning or Controlling A/CB program
receivables. However, the assignment of receivables or sale of a participation
in receivables to the A/CB partner, or some other financing vehicle involving
the A/CB partner, is permitted if the program is owned and Controlled by
the Customer.
5.2.5 Violation of A/CB Rules
If the Customer or A/CB partner violates any of these A/CB program Rules,
the Corporation has the right to take action to correct and redress such
violations including, without limitation, the imposition of assessments and/or
the termination of the A/CB program on thirty (30) calendar days prior written
notice.
The Corporation has the right to itself take such action, and to require the
Customer, the A/CB partner, or both to take such action that the Corporation
deems necessary or appropriate to determine and ensure on-going compliance
with the Standards. Such action may include, but may not be limited to,
mandatory transfer of the A/CB program to a third party and suspension or
termination of the A/CB program.
The Customer associated with the A/CB partner indemnifies and holds the
Corporation harmless from and against any claim arising from or related to an
act or omission of the A/CB partner, including, without limitation, any claim
arising from or related to the termination of the A/CB program.
5.2.6 Termination without Cause
The Corporation has the right to terminate any A/CB program, without cause,
on at least ninety (90) calendar days prior written notice to the Customer and
the A/CB partner. The Customer may appeal the termination by providing
written notice to the Corporation within thirty (30) calendar days of receipt of
the notice of termination. The appeal will be presented to the Board for review
and decision. Any decision of the Board will be final.
©1993–2012 MasterCard. Proprietary. All rights reserved.
Maestro Global Rules • 9 November 2012 5-3