Common use of Credit Standards Clause in Contracts

Credit Standards. The standards and procedures, including without limitation credit standards, applied by the Borrower in evaluating and determining the creditworthiness of the Obligors and the terms of, and the advisability of originating or acquiring, each Collateral Loan shall not be less stringent than (i) the customary and usual standards and procedures applied by its Affiliates as of the date hereof in connection with loans originated or acquired by them or (ii) the customary and usual standards and procedures applied by its Affiliates as of the date of determination in connection with loans originated or acquired by them.

Credit Standards. The standards and procedures, including without limitation credit standards, applied by the Borrower Entities in evaluating and determining the creditworthiness of the Obligors and the terms of, and the advisability of originating or acquiring, each Collateral Loan shall not be less stringent than (ia) the customary and usual standards and procedures applied by its their Affiliates as of the date hereof Closing Date in connection with loans originated or acquired by them or (iib) the customary and usual standards and procedures applied by its Affiliates as of the date of determination in connection with loans originated or acquired by them.

Credit Standards. The standards and procedures, including without limitation credit standards, applied by the Borrower Loan Parties in evaluating and determining the creditworthiness of the Obligors and the terms of, and the advisability of originating or acquiring, each Collateral Loan shall not be less stringent than (i) the customary and usual standards and procedures applied by its Affiliates as of the date hereof in connection with loans originated or acquired by them or (ii) the customary and usual standards and procedures applied by its Affiliates as of the date of determination in connection with loans originated or acquired by them.