Common use of Factoring Clause in Contracts

Factoring. The Company and the Bank have in place appropriate and customary underwriting and risk management policies and procedures with respect to the factoring business conducted by the Bank and such factoring business has been and is being operated in all material respects in accordance with such policies and procedures and applicable Law.

Appears in 2 contracts

Sources: Merger Agreement (Green Bancorp, Inc.), Merger Agreement (Green Bancorp, Inc.)