Common use of General Duties and Authority Clause in Contracts

General Duties and Authority. METROPOLITAN shall provide receivable acquisition services to OLD STANDARD which shall be performed substantially in compliance with the following: a. METROPOLITAN shall secure opportunities for OLD STANDARD to purchase receivables through the use of METROPOLITAN's branch office system, industry contacts and the other methods developed by METROPOLITAN for its own receivable purchases.

Appears in 2 contracts

Sources: Management, Acquisition and Servicing Agreement (Summit Securities Inc /Id/), Management, Acquisition and Servicing Agreement (Summit Securities Inc /Id/)

General Duties and Authority. METROPOLITAN shall provide receivable acquisition services to OLD STANDARD SUMMIT which shall be performed substantially in compliance with the following: a. METROPOLITAN shall secure opportunities for OLD STANDARD SUMMIT to purchase receivables through the use of METROPOLITAN's branch office system, industry contacts and the other methods developed by METROPOLITAN for its own receivable purchases.

Appears in 2 contracts

Sources: Management, Acquisition and Servicing Agreement (Summit Securities Inc /Id/), Management, Acquisition and Servicing Agreement (Summit Securities Inc /Id/)