Common use of Establishment of Fees and Underwriting Criteria Clause in Contracts

Establishment of Fees and Underwriting Criteria. The fees and underwriting criteria for the Program shall be developed each year by SBBT in consultation with JHI, and may be subject to modification from time to time as mutually agreed by the parties. The fees and underwriting criteria must be commercially reasonable, based on the best information available that year including IRS prior-year funding trends, competitive product offerings and Customer and ERO behavior, and set forth in writing and agreed to by the parties no later than November 1st preceding each tax season during the Term. Agreement by either party shall not be unreasonably withheld.

Appears in 2 contracts

Samples: Refund Anticipation Loan Agreement (Jackson Hewitt Tax Service Inc), Refund Anticipation Loan Agreement (Jackson Hewitt Tax Service Inc)

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Establishment of Fees and Underwriting Criteria. The fees pricing, fees, terms and underwriting criteria for the Program shall be developed for each year Tax Season by SBBT in consultation with JHI, and may be subject to modification from time to time as mutually agreed by the parties. The fees pricing, fees, terms and underwriting criteria must be commercially reasonable, based on the best information available that year including IRS prior-year funding trends, competitive product offerings and Customer and ERO behavior, and set forth in writing and agreed to by the parties no later than November 1st preceding each tax season Tax Season during the Term. Agreement by either party shall not be unreasonably withheld.

Appears in 1 contract

Samples: Program Agreement (Jackson Hewitt Tax Service Inc)

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Establishment of Fees and Underwriting Criteria. The fees pricing, fees, terms and underwriting criteria for the Program shall be developed for each year Tax Season by SBBT in consultation with JHI, and may be subject to modification from time to time as mutually agreed by at the partiessole discretion of SBBT. The fees pricing, fees, terms and underwriting criteria must be commercially reasonable, based on the best information available that year including IRS prior-year funding trends, competitive product offerings and Customer and ERO behavior, and set forth in writing and agreed to by the parties no later than November 1st preceding each tax season Tax Season during the Term. Agreement by either party shall not be unreasonably withheld.

Appears in 1 contract

Samples: Program Agreement (Jackson Hewitt Tax Service Inc)

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