Common use of Change in Business Policy Clause in Contracts

Change in Business Policy. Make, or permit the Originator to make, any change in the character of its business or credit and collection policy which would impair in any material respect the collectibility of any Insurance Premium Loan or related security (including any applicable Life Insurance Policy).

Appears in 2 contracts

Samples: Financing Agreement (Imperial Holdings, LLC), Financing Agreement (Imperial Holdings, LLC)

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Change in Business Policy. Make, or permit the Originator to make, any change in the character of its business or credit and collection policy which would impair in any material respect the collectibility of any Insurance Premium Loan acquired by the Borrower (actually or beneficially through a participation) with proceeds from the Loan or related security (including any applicable Life Insurance Policy).

Appears in 2 contracts

Samples: Financing Agreement (Imperial Holdings, LLC), Financing Agreement (Imperial Holdings, LLC)

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Change in Business Policy. Make, or permit the Originator to make, any change in the character of its business or credit and collection policy which would impair in any material respect the collectibility collectability of any Insurance Premium Loan or related security (including any applicable Life Insurance Policy).

Appears in 1 contract

Samples: Omnibus Claims Settlement Agreement (Imperial Holdings, LLC)

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