Credit Standards. No Borrower will modify in any material way and which is inconsistent with normal industry practice, the credit standards and procedures, the collection policies or the loss recognition procedures with respect to the creation or collection of Accounts, notes received and/or chattel paper.
Credit Standards. The new Account cut-off score is based upon the projected sixty (60) month profitability of Accounts within each score range. Account profitability is based upon projected Discount Fees (the current fee percentage), finance charge income, variable billing expenses and write-offs. The projections are derived from actual results to date using historical trends. The cut-off score is established at the score range where Bank's profit for the score range equals zero.
Credit Standards. The Cooperative shall have delivered to Statesman a written statement of its then current standards for extending credit to its customers and its collection policy for Receivables, Installment Sales Contracts, Wholesale Accounts and Crop Time Notes, together with any applicable additions thereto, deletions therefrom or modifications thereof.
Credit Standards. Credit shall be extended to qualified dealers according to the following criteria: • [*] • [*] • [*] • [*] • [*] • [*] • [*] • [*] Other considerations: • [*] • Financial condition of the borrower and availability of additional collateral • [*]
Credit Standards. Modify in any material respect the credit standards and procedures, the collection policies or the loss recognition procedures with respect to the creation or collection of Accounts from those in effect at NWS on July 31, 1995.
Credit Standards. Each retail buyer/borrower will meet the credit standards prescribed by the Capital Corporation from time to time.
Credit Standards. The standards and procedures, including without limitation credit standards, applied by the Borrower in evaluating and determining the creditworthiness of the Obligors and the terms of, and the advisability of originating or acquiring, each Collateral Loan shall not be less stringent than (i) the customary and usual standards and procedures applied by its Affiliates as of the date hereof in connection with loans originated or acquired by them or (ii) the customary and usual standards and procedures applied by its Affiliates as of the date of determination in connection with loans originated or acquired by them.
Credit Standards. All sales hereunder during the term of this ---------------- Agreement shall be subject to appropriate review and approval by Seller's Credit Department. Buyer agrees to provide information as reasonably required to Seller's Credit Department to effect a proper evaluation. Without limiting the above, Seller may suspend deliveries under this Agreement if Buyer (a) admits that it is unable to pay its debts as they become due, (b) applies for or agrees to the appointment of a receiver or trustee in liquidation of it or its properties, (c) makes a general assignment for the benefit of creditors, (d) files a voluntary petition in bankruptcy or a petition seeking reorganization or an arrangement with creditors under any bankruptcy law, (e) is a Party against whom a petition under any bankruptcy law is filed and such Party admits the material allegations in such petition filed against it, (f) is adjudicated as bankrupt under a bankruptcy law or (g) fails to meet the credit standards set forth in Tennessee's tariff.
Credit Standards. Neither the Issuer nor the Trust shall adopt a credit policy or collection policy inconsistent with the Servicer’s Credit Policy. Not less than thirty (30) calendar days prior to any change in the Servicer’s Credit Policy (or, if adopted, the Credit Policy or collection policy of the Issuer or the Trust), written notice of each such change and the reasons for making each such change.
Credit Standards. Securities purchased should have a credit rating by Moodys of AA or the equivalent by Standard & Poor's or alternatively:
