Examples of Seller’s Policies and Procedures in a sentence
From the date of this Agreement until the Conversion Date, Seller shall not change Seller’s Policies and Procedures with respect to its collection practices of the Accounts to be Sold except as may be required by Requirements of Law or otherwise as mutually agreed in writing between the parties.
In the case of Purchaser’s review of Seller’s Policies and Procedures, Purchaser and its officers, accountants, counsel and other representatives, unless otherwise permitted by Seller in writing, may not photocopy any of Seller’s Policies and Procedures and may retain only summary notes regarding the same.
Except as disclosed on Schedule 2.22, all Other Business Activities are being conducted and transacted in accordance with all Applicable Laws, in accordance with all of Seller’s Policies and Procedures related thereto and in accordance with all Commitments that relate to such Other Business Activities.
If the Seller does have an Adequate Government Property System, the Seller is required to provide a copy of their latest inventory utilizing the inventory format as indicated in the Seller’s Policies and Procedures.
Each Account has been properly originated, maintained and serviced in all respects solely by Seller or Seller’s Card Processor in accordance with the applicable Card Agreement, Seller’s Policies and Procedures, all Requirements of Law and in a manner consistent with, and not in violation of, any standard and customary practices utilized by prudent lenders engaged in the business of lending money through credit card accounts.
Since (****), except as would not have a Material Adverse Effect, Seller (itself or through one or more of its Affiliates or third party service providers), with respect to the Program and the Acquired Assets, (i) has conducted and serviced the Program in the ordinary course of business consistent with past practice and Seller’s Policies and Procedures and (ii) has not implemented any changes to the terms and conditions contained in the Credit Card Agreements except for Ordinary Course Modifications.
Seller shall not change Seller’s Policies and Procedures with respect to the Services to be provided under this Servicing Agreement, except as may be required by Requirements of Law or as otherwise agreed by Seller and Purchaser in writing.
There is a valid and properly documented board approval form in place for each portfolio purchased consistent with Seller’s Policies and Procedures (the “Credit Approval Terms”), and any security or waiver relating to such portfolio complies in all material respects with the Credit Approval Terms granted in connection therewith.
Each of the Accounts has been originated solely by Seller pursuant to its underwriting, creditworthiness and other similar practices, consistent with Seller’s Policies and Procedures.
A copy of Seller’s Policies and Procedures, to the extent written, are attached hereto as Exhibit 3.1C-1.