Credit Policies and Procedures definition

Credit Policies and Procedures means the Credit and Collection Policies and Procedures of the Collateral Manager attached hereto as Exhibit E, as in effect on the Closing Date or as modified from time to time in a manner expressly permitted pursuant to Section 5.02(u); provided that the Credit Policies and Procedures shall include risk rating methodology and provide that the Obligors of the Collateral Loans shall have some (but not necessarily all) of the following characteristics: (i) a strong management team, (ii) a proven ability to withstand industry and credit cycles, (iii) revenue greater than $10,000,000 on an annual basis, (iv) EBITDA greater than $2,000,000 (other than Recurring Revenue Loans), (v) strong margins and free cashflow (other than Recurring Revenue Loans), (vi) modest capital expenditures and (vii) recurring revenue and stable historical performance.
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Credit Policies and Procedures means the credit policies and procedures set forth in the Seller’s Credit Policies and Procedures Manual.
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Credit Policies and Procedures has the meaning set forth in Section 3.32 hereof.
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Examples of Credit Policies and Procedures in a sentence

  • SkillsFuture Credit Policies and Procedures Individuals who claimed SkillsFuture Credit for payment of course fee and who wish to withdraw from the course are allowed to cancel his/her SkillsFuture Credit claim via the SkillsFuture Credit Portal on or before the course start date.

  • The terms of the Little Deer Joint Venture agreement provide for payments by the Company in order to retain the interest in the property.

  • The Group’s Credit Policies and Procedures Manual defines the credit extension and measurement criteria, the credit review, approval and monitoring processes and the system of loan classification and provision.

  • Credit Policies and Procedures KHFC recognises the constant need to strengthen its credit risk management skills and to this end KHFC has continued to improve its credit risk management procedures and policies to align itself more closely with international best practices.

  • More details are in the Minimum Graduate Degree Credit Policies and Procedures.

  • The Credit Policies and Procedures Manual has been distributed to the LPO staff in hardbound copy with the direction that it be reviewed for corrections, additions and general updates.

  • Management noted that the update to the LPO Credit Policies and Procedures Manual was approved on October 6, 2011.

  • Credit Policies and Procedures Lending to high net worth individuals and their business concerns often takes on unique banking characteristics.

  • Establishing Credit Policies and Procedures A necessary practice of credit risk management is establishing credit policies and procedures.

  • The information regarding prior learning can be found on the College website: Transfer Credit Policies and Procedures.


More Definitions of Credit Policies and Procedures

Credit Policies and Procedures means the credit policies and procedures of the Servicer.
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Credit Policies and Procedures means the criteria and procedure by which ISO determines the creditworthiness and suitability of the Merchant as approved by the Bank.
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Credit Policies and Procedures shall have the meaning set forth in the Stock Purchase Agreement.
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Credit Policies and Procedures means the Credit and Collection Policies and Procedures of the Collateral Manager attached hereto as Exhibit E, as in effect on the Closing Date or as modified from time to time in a manner expressly permitted pursuant to Section 5.02(u); provided that the Credit Policies and Procedures shall include risk rating methodology and provide that the Obligors of the Collateral Loans shall have some (but not necessarily all) of the following characteristics: (i) a strong management team, (ii) a proven ability to withstand industry and credit cycles, (iii) revenue greater than$10,000,000 on an annual basis, (iv) EBITDA greater than $2,000,000 (other than Recurring Revenue Loans), (v) strong margins and free cashflow (other than Recurring Revenue Loans), (vi) modest capital expenditures and (vii) recurring revenue and stable historical performance.
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Related to Credit Policies and Procedures

  • Procurement Guidelines means the “Guidelines: Procurement under IBRD Loans and XXX Credits” published by the Bank in May 2004 and revised in October, 2006.

  • Bidding Procedures means the bidding procedures approved by the Bankruptcy Court pursuant to the Bidding Procedures Order.

  • Internal Procedures means in respect of the making of any one or more entries to, changes in or deletions of any one or more entries in the register at any time (including without limitation, original issuance or registration of transfer of ownership) the minimum number of the Warrant Agent’s internal procedures customary at such time for the entry, change or deletion made to be complete under the operating procedures followed at the time by the Warrant Agent, it being understood that neither preparation and issuance shall constitute part of such procedures for any purpose of this definition;