Common use of Underwriting and Servicing Clause in Contracts

Underwriting and Servicing. Each of the Medallion Loans was underwritten in accordance with the Underwriting Guidelines and is being serviced in conformance with the applicable Seller’s standard underwriting, credit, collection, operating and reporting procedures and systems and otherwise in accordance with Accepted Servicing Practices and the Credit and Collection Policy.

Appears in 5 contracts

Samples: Loan and Security Agreement (Medallion Financial Corp), Loan and Security Agreement (Medallion Financial Corp), Loan and Security Agreement (Medallion Financial Corp)

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Underwriting and Servicing. Each of the Medallion Loans Loan was underwritten in accordance with the Underwriting Guidelines and is being serviced in conformance conformity with the applicable SellerTransferor’s standard underwriting, credit, collection, operating and reporting procedures and systems and otherwise in accordance with Accepted Servicing Practices and the Credit and Collection Policy.

Appears in 3 contracts

Samples: Sale and Contribution Agreement, Medallion Loan Sale and Contribution Agreement (Medallion Financial Corp), Medallion Loan Sale and Contribution Agreement (Medallion Financial Corp)

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Underwriting and Servicing. Each of the Medallion Loans was underwritten in accordance with the Underwriting Guidelines and is being serviced in conformance with the applicable Seller’s 's standard underwriting, credit, collection, operating and reporting procedures and systems and otherwise in accordance with Accepted Servicing Practices and the Credit and Collection Policy.

Appears in 2 contracts

Samples: Sale and Contribution Agreement (Medallion Financial Corp), Loan and Security Agreement (Medallion Financial Corp)

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