Credit Committee. We have today examined the above loan application in conjunction with the above remarks and have dec ided as follows:
Credit Committee. The Credit Committee shall (i) have binding power to establish the limits and procedures of the credit policy of the Chilean Bank and its Subsidiaries and the power to establish approval exceptions for financial decisions exceeding certain thresholds (to be defined by the Credit Committee) and (ii) shall impose a binding framework with upper limits on credit exposures attached as Exhibit F hereto beyond which the approval of Itaú Parent will be required. Itaú Parent shall respond to any such requests for its approval within seven (7) Business Days; provided that if during such period Itaú Parent responds with a request for additional information, it shall have seven (7) Business Days following the receipt of such information to respond to the request for its approval. If no denial from Itaú Parent is received within such seven (7) Business Day period, the relevant request shall be deemed approved. Itaú Parent and Corp Group Parent agree to cause, and to cause the Companies to, cause the relevant Credit Committee to be (x) comprised of five (5) members of which Itaú Parent shall be entitled to appoint three (3) members, and Corp Group Parent shall be entitled to appoint two (2) members, all of whom shall be local executives or Directors of the relevant Board and (y) headed by a local executive officer or Director to be recommended by the CEO of the Chilean Bank or its relevant Subsidiary, as applicable.
Credit Committee. At the credit committee meeting held on it was resolved that this application be: Approved for Kshs. Receivable in Months Rejected because Chairman Secretary Member Date
Credit Committee. The Initial Noteholders shall have received final investment or credit committee approval.
Credit Committee. Loan approved, Kshs. ------------------------------recovered in Installments, at an interest rate of one per cent per month on a reducing balance. Indicate the reason for deferral or rejection Chairman credit committee Name Signature Date
Credit Committee. The Credit Committee shall consist of the President and at least four other members. The President may appoint additional members to the Credit Committee at their discretion. The current Credit Committee members are: President, AFC Chief Operating Officer, AFC VP of Finance, AFC Director of Credit Services, AFC Vice President of Operations, AFC Vice President of Legal, Collections, & Special Operations, AFC Specific functions and duties of the Credit Committee: • Approve loans in excess of [*] • Monitor compliance with this policy and related procedures • Recommend changes to this policy as necessary Receivables Purchase Agreement
Credit Committee. Credit Committee” means a committee established by Originator's Board of Directors which will consist of one representative from each Participating Financial Institution and existing members of the Loan Committee of [CDFI].
Credit Committee. The Credit Committee shall consist of the Chief Executive Officer and at least two other members. The Credit Committee shall have at least quarterly meetings, and at such additional times as deemed necessary by the Chief Executive Officer. The current Credit Committee members are:
Credit Committee. Loan approved Kshs………………………………recoverable in Months Remarks ……………………………………………………………………………...……....…...…...……... Reasons for rejection/ Deferment…………………………………………………….......……...….…...….
Credit Committee. Loan approved, Ksh …………………………….recoverable in instalments at an interest rate of 1 percent per month on reducing balance. Indicate the reason for deferral, rejection by ticking the proper box below: Reasons for deferred loans Incomplete information or lack of supporting documents Timeliness Renegotiate loan terms or purpose Inadequate funds to meet loan demand Reasons for rejected loans
