Amendments to Credit and Collection Policy Sample Clauses

Amendments to Credit and Collection Policy. Within ten (10) Business Days after the date of any material change or amendment to its Credit and Collection Policy, a true and complete copy of such change or amendment, and if requested by the Insurer, a copy of the Credit and Collection Policy then in effect. No such change or amendment shall become effective if the Insurer determines, in its sole discretion, that such change or amendment will have a Material Adverse Effect; provided that such change or amendment shall become effective and continue to be effective if the Insurer has not objected to such change or amendment within ten (10) Business Days of receipt of written notice thereof.
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Amendments to Credit and Collection Policy the Xxxxxxxx Operating Procedures have not been amended since the MTN Closing Date, which amendment has affected or would affect adversely the collectability, enforceability or credit quality of a Dutch Receivable originated by the Dutch Originator or any Dutch Receivable newly originated by the Dutch Originator without the prior written consent of the European Receivables Warehouse Company, the European Master Purchaser and subject to satisfaction of the Rating Condition, or unless required under an applicable law;
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Amendments to Credit and Collection Policy. (a) The Borrower shall comply with its Credit and Collection Policy and shall: (i) originate and monitor any SME Loan, and (ii) consent to amendments and waivers, in each case in accordance with its Credit and Collection Policy. (b) The Borrower shall not make any amendments to its Credit and Collection Policy that would materially adversely affect the operation, performance or monitoring of this Agreement, without prior written consent of the Lender. (c) For the purpose of clause 21.4(b), any change the internal rating or scoring with respect to the SME Loans shall be regarded as an amendment that would materially adversely affect the operation, performance or monitoring of this Agreement.
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Related to Amendments to Credit and Collection Policy

  • Credit and Collection Policy The Servicer has complied in all material respects with the Credit and Collection Policy with regard to each Pool Receivable and the related Contracts.

  • Compliance with Credit and Collection Policy Such Seller Party has complied in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract, and has not made any material change to such Credit and Collection Policy, except such material change as to which Agent and each Purchaser Agent have been notified in accordance with Section 7.1(a)(vii) and receipt Agent’s and each Purchaser Agent’s consent to the extent referenced therein.

  • Credit and Collection Policies Comply in all material respects with its Credit and Collection Policy in connection with the Receivables that it generates and all Contracts and other agreements related thereto.

  • Modifications to Contracts and Credit and Collection Policy Such Seller Party will not make any change to the Credit and Collection Policy that could adversely affect the collectability of the Receivables or decrease the credit quality of any newly created Receivables. Except as provided in Section 8.2(d), Servicer will not extend, amend or otherwise modify the terms of any Receivable or any Contract related thereto other than in accordance with the Credit and Collection Policy.

  • Change in Credit and Collection Policy At least thirty (30) days prior to the effectiveness of any material change in or material amendment to the Credit and Collection Policy, a copy of the Credit and Collection Policy then in effect and a notice (A) indicating such change or amendment, and (B) if such proposed change or amendment would be reasonably likely to adversely affect the collectibility of the Receivables or decrease the credit quality of any newly created Receivables, requesting the Agent's consent thereto.

  • Compliance with Contracts and Credit and Collection Policy Originator will timely and fully (i) perform and comply with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables, and (ii) comply in all respects with the Credit and Collection Policy in regard to each Receivable and the related Contract.

  • Amendments to Credit Agreement (a) Section 1.01 of the Credit Agreement is hereby amended by adding the following definitions in the appropriate alphabetical order:

  • Specific Amendments to Credit Agreement Upon the effectiveness of this Amendment, the parties hereto agree that the Credit Agreement shall be amended as follows: (a) The Credit Agreement is amended by adding the following definitions to Section 1.01 thereof in the appropriate alphabetical location:

  • Performance and Compliance with Contracts and Credit and Collection Policy The Seller shall (and shall cause the Servicer to), at its expense, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables, and timely and fully comply in all material respects with the applicable Credit and Collection Policies with regard to each Receivable and the related Contract.

  • Change in Business or Credit and Collection Policy The Seller will not make any change in the character of its business or in the Credit and Collection Policy that would, in either case, materially adversely affect the collectibility of the Receivables Pool or the ability of the Seller to perform its obligations under this Agreement.

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