Credit Policy Manual definition

Credit Policy Manual means the credit and collection policies and practices of the Seller in effect on the date hereof relating to Receivables and Related Assets, as modified from time to time to the extent such change would not result in a breach of covenant by the Seller pursuant to Section 5.02(c).
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Credit Policy Manual means the credit and collection policies and practices of the Company, including, without limitation, those described in Schedule I hereto, in effect on the date hereof, relating to Receivables, as modified from time to time in compliance with Section 2.06(g).
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Credit Policy Manual. With respect to an Originator, its written policies and procedures regarding underwriting, origination and servicing of mortgage loans, as delivered to the Certificate Insurer on or prior to the Closing Date, with such changes notified to the Certificate Insurer (a) that do not have a material adverse effect on such policies and procedures, or (b) that are approved by the Certificate Insurer, such approval not to be unreasonably withheld, conditional or delayed or (c) that the Servicer does not apply to the Mortgage Loans.
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Examples of Credit Policy Manual in a sentence

  • Most of these policies are established and communicated through the Group’s written Credit Policy Manual.

  • The Owner agrees to all specifications made by the Authority’s Stormwater Credit Policy Manual, the stormwater ordinance of the Borough, applicable PADEP requirements, and any documents referenced by the previously mentioned.

  • Silverton’s Credit Policy Manual required that individual guarantors must have a FICO score above 660, and FICO scores below 700 were considered “derogatory” and required an explanation.

  • If recapture of the subsidy or recovery of the subsidy is required pursuant to 12 C.F.R. Section 1291.61, the amount to be recaptured or to be recovered shall be immediately deemed to be an advance issued to the Member by the Bank, and will be subject to the terms and conditions of the Advances, Pledge and Security Agreement and the Bank's Collateral Policy and Credit Policy Manual, while the Bank determines which action permitted under Section 1291.60 will be taken.

  • The Credit Policy Manual contains the core principles for identifying, measuring, approving, and managing credit risk in the FI and is designed to meet the organizational requirements that exist today as well as to provide flexibility for future.

  • Officers may not directly or indirectly obtain credit (including overdrafts) from SunTrust unless the type of credit desired is permitted by “The Officer Borrowing Policy” as published in the SunTrust Credit Policy Manual.

  • If recapture of the Subsidy or recovery of the Subsidy is required pursuant to 12 C.F.R. Sections 1291.60 and 1291.61, the amount to be recaptured or to be recovered shall be immediately deemed to be an advance issued to the Member by the Bank, and will be subject to the terms and conditions of the Advances Agreement and the Bank's Collateral Policy and Credit Policy Manual, while the Bank determines which action permitted under Section 1291.60 will be taken.

  • The second subsection explains the stress high school students have when having to prioritize your high school career at a possible cost.

  • These limits are implemented and monitored by the Credit Administration Department via the stipulations of the Group Credit Policy Manual.

  • Customers should review the Storm Sewer Management Program Credit Policy Manual for eligibility requirements for credits.


More Definitions of Credit Policy Manual

Credit Policy Manual a copy of which has been delivered to the Agent on the Closing Date.
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Credit Policy Manual means the written credit and collection policies and practices of the Seller in effect on the date of this Agreement relating to Accounts.
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Credit Policy Manual. With respect to an Originator, its written policies and procedures regarding underwriting, origination and servicing of mortgage loans, as delivered to the Note Insurer on the Initial Closing Date, with such changes notified to the Note Insurer (a) that do not have a material adverse effect on such policies and procedures, or (b) that are approved by the Controlling Party, such approval not to be unreasonably withheld, delayed or conditioned or (c) that the Servicer does not apply to the Mortgage Loans.
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Credit Policy Manual means those credit and collection policies -------------------- and practices of AK Steel described in its credit policy manual in effect on the date hereof relating to Receivables, including Armco Receivables, a copy of which is attached hereto as Exhibit L hereto, as the same may be amended or modified from time to time in compliance with Section 11.04(i).
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Credit Policy Manual means those credit and collection policies and practices of the Servicer described in the credit policy and procedures manual, substantially in the form of Exhibit H hereto, in effect on the date hereof relating to Receivables, as the same may be amended or modified from time to time in compliance with Section 3.04(j).
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Related to Credit Policy Manual

  • Credit Policy means the “New Jersey Infrastructure Bank Credit Policy,” as adopted by the Board of Directors of the I-Bank and as further amended and supplemented from time to time.

  • FCA Handbook means the FCA Handbook of Rules and Guidance as amended from time to time.

  • Procedures Manual means the standards and procedures manual described in Section 11.3.

  • Risk Management Policy means the Risk Management Policy of the Borrower in effect on the date of this Agreement as amended from time to time.

  • Investment Policies means the investment objectives, policies, restrictions and limitations set forth in the “BUSINESS” section of its Registration Statement, and as the same may be changed, altered, expanded, amended, modified, terminated or restated from time to time.

  • PRA Handbook means the PRA Handbook of Rules and Guidance as amended from time to time.

  • Investment Policy means the investment policy from time to time determined by the Commission under the Rules;

  • MERS Procedures Manual The MERS Procedures Manual, as it may be amended, supplemented or otherwise modified from time to time.

  • COGE Handbook means the Canadian Oil and Gas Evaluation Handbook prepared jointly by The Society of Petroleum Evaluation Engineers (Calgary Chapter) and the Canadian Institute of Mining, Metallurgy & Petroleum (Petroleum Society), as amended from time to time.

  • Operations Manual means a manual containing procedures, instructions and guidance for use by operational personnel in the execution of their duties;

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

  • Tariff Policy means a Tariff Policy adopted by the Council in terms of Section 74 of the Local Government: Municipal Systems Act 32 of 2000.

  • Procurement Policy Board or “PPB” shall mean the board established pursuant to Charter § 311 whose function is to establish comprehensive and consistent procurement policies and rules which have broad application throughout the City.

  • Program Guidelines means any and all GLO-approved documents reflecting specific rules and regulations governing the implementation of the Program.

  • Medicare supplement policy means a group or individual policy of [accident and sickness] insurance or a subscriber contract [of hospital and medical service associations or health maintenance organizations], other than a policy issued pursuant to a contract under Section 1876 of the federal Social Security Act (42 U.S.C. Section 1395 et. seq.) or an issued policy under a demonstration project specified in 42 U.S.C. § 1395ss(g)(1), which is advertised, marketed or designed primarily as a supplement to reimbursements under Medicare for the hospital, medical or surgical expenses of persons eligible for Medicare. “Medicare supplement policy” does not include Medicare Advantage plans established under Medicare Part C, Outpatient Prescription Drug plans established under Medicare Part D, or any Health Care Prepayment Plan (HCPP) that provides benefits pursuant to an agreement under §1833(a)(1)(A) of the Social Security Act.

  • Operating Manual means the document that contains the procedures and forms for the operation of bungee jumping equipment and activity at a site.

  • City Policies means any or all (as the context requires) of those procedures, standards and/or standard specifications, requirements, policies and the like listed in Schedule H or notified to the Supplier from time to time, as the same may be updated, modified, expanded, revised, supplemented and/or replaced from time to time by the City (as notified to the Supplier);

  • SAP Policies means the operational guidelines and policies applied by SAP to provide and support the Cloud Service as incorporated in an Order Form.

  • Program Manual means the United States Department of Agriculture, Animal and Plant Health Inspection Service, Plant Protection and Quarantine, Gypsy Moth Program Manual, 1994 edition.

  • Design Guidelines means the Fernkloof Estate architectural design guidelines to control all aspects of design and landscaping of any development within the Fernkloof Estate dev elopment, as amended from time to t ime in terms of the constitution of the MPOA or as required by the Council , a copy of the current draft which i s av ailable for inspection at the offices of the Association;

  • Credit Guidelines means the policies of Credit Acceptance, relating to the extension of credit to automobile, light-duty truck, minivan and/or sport utility dealers and consumers in respect of retail installment contracts for the sale of automobiles, light-duty trucks, minivans and/or sport utility vehicles including the policies for determining creditworthiness of such dealers and consumers and otherwise relating to the extension of credit to dealers and consumers and the maintenance of installment sale contracts, as in effect on the Cut-off Date and as amended from time to time in accordance with the Basic Documents or in accordance with Applicable Law, attached hereto as Exhibit H.

  • Credit Card Guidelines means the respective policies and procedures of the Account Owner, as the case may be, as such policies and procedures may be amended from time to time, (a) relating to the operation of its credit card business, which generally are applicable to its portfolio of revolving credit card accounts and in each case which are consistent with prudent practice, including the policies and procedures for determining the creditworthiness of credit card customers and the extension of credit to credit card customers, and (b) relating to the maintenance of revolving credit card accounts and collection of credit card receivables.

  • Policy Schedule means a schedule attached to these Terms and Benefits, which sets out, among others, the Policy Effective Date, Renewal Date, the name and the relevant particulars of the Policy Holder and the Insured Person, the eligible benefits, premium and other relevant details in respect of these Terms and Benefits.

  • Safeguard Policy Statement or “SPS” means ADB's Safeguard Policy Statement (2009);

  • Procurement Manual means the Procurement Manual under the Standard Operating Procedures prepared by the Borrower and endorsed by ADB, which sets forth procurement-related policies and procedures for externally-financed projects and programs;

  • 2%/25% Guidelines has the meaning set forth in Section 13.