FMC OBLIGATION TO DEVELOP FUTURE PROGRAMS (PRIVATE LABEL Sample Clauses

FMC OBLIGATION TO DEVELOP FUTURE PROGRAMS (PRIVATE LABEL. If the Asset Purchase Date has occurred, FMC shall, as a consultant to XXXX, develop and propose to XXXX consumer product pricing and repayment terms, together with other program terms necessary for future securitization for one or more programs of XXXX-guaranteed private education loans to be marketed by Program Lender(s) (i) under such lender's proprietary branding and/or (ii) to students attending one or more specified schools. Such programs will qualify as FMC Purchase Programs. FMC's proposals will include underwriting criteria and pricing matrices for the loans. It will also include any modifications to TERI's Program Guidelines necessary to describe the program. Upon approval of the program by XXXX, FMC will draft for TERI's approval a proposed Guaranty Agreement, Loan Origination Agreement, model Loan Servicing Agreement acceptable for securitization by FMC, and a form of Note Purchase Agreement to be entered into between FMC and Program Lenders. FMC will propose the underwriting criteria and pricing matrices within 30 days after the Asset Purchase Date and from time to time thereafter. FMC shall receive no compensation for its services under this Section 3.05 over and above the compensation it receives as a consequence of securitization of the loans made pursuant to its proposals. FMER may receive compensation under the Master Servicing Agreement for services that support FMC's efforts pursuant to this Section.
AutoNDA by SimpleDocs

Related to FMC OBLIGATION TO DEVELOP FUTURE PROGRAMS (PRIVATE LABEL

  • Money Market Fund Compliance Testing and Reporting Services Subject to the authorization and direction of the Trust and, in each case where appropriate, the review and comment by the Trust’s independent accountants and legal counsel, and in accordance with procedures that may be established from time to time between the Trust and the Administrator, the Administrator will:

  • Long-Term Incentive Program During the Term, the Employee shall participate in all long-term incentive plans and programs of the Group that are applicable to its senior executives in accordance with their terms and in a manner consistent with his position with the Company.

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.

  • SALES MATERIALS; PRIVACY 4.1. The Company will furnish, or will cause to be furnished, to the Trust and the Distributor, each piece of sales literature or other promotional material in which the Trust, the Distributor or Adviser is named, at least ten (10) Business Days prior to its intended use. No such material will be used if the Trust or the Distributor objects to its use in writing within ten (10) Business Days after receipt of such material.

  • Long-Term Incentive Programs The Executive shall be eligible to participate in the Company's long-term incentive compensation programs (including stock options and stock grants).

  • Long-term Incentive Compensation Programs During the Employment Period, the Executive shall participate in all long-term incentive compensation programs (including, without limitation, programs providing for the grant of stock options and other equity-based awards) for key executives at a level that is commensurate with the Executive's participation in such plans immediately prior to the Effective Date, or, if more favorable to the Executive, at the level made available to the Executive or other similarly situated officers at any time thereafter.

  • Business Travel, Lodging, etc Employer shall reimburse Executive for reasonable travel, lodging, meal and other reasonable expenses incurred by him/her in connection with his/her performance of services hereunder upon submission of evidence, satisfactory to Employer, of the incurrence and purpose of each such expense and otherwise in accordance with Employer’s business travel reimbursement policy applicable to its senior executives as in effect from time to time.

  • Investment Advice and Research Services If and to the extent requested by the Sub-Advisor, the U.K. Sub-Advisor shall provide investment advice and research services to the Sub-Advisor with respect to all or a portion of the investments of each Portfolio. In connection with providing such investment advice and research services, the U.K. Sub-Advisor shall furnish to the Sub-Advisor on behalf of each Portfolio such factual information, research reports and investment recommendations as the Advisor may reasonably require. Such information may include written and oral reports and analyses.

  • Business Development Company Status The Company, during a period of at least 12 months from the Closing Time, will use its commercially reasonable efforts to maintain its status as a business development company; provided, however, the Company may cease to be, or withdraw its election as, a business development company, with the approval of the board of directors and a vote of stockholders as required by Section 58 of the 1940 Act or any successor provision.

  • Support Services Other than the assistance provided in the Information, the BNPP Entities do not offer any support services in connection with the Software.

Time is Money Join Law Insider Premium to draft better contracts faster.