Lending Criteria. 31 5. Power of Attorney in Favour of Funding, the Mortgages Trustee and the Security Trustee....................................................34 6.
Lending Criteria. 5. Power of Attorney in favour of Funding 1, The Mortgages trustee and the Security Trustee
Lending Criteria. 60 SCHEDULE 12................................................................63
Lending Criteria. Lending Criteria The Loans in the Initial Portfolio or, as the case may be, the relevant New Portfolio were originated according to the Seller's lending policy at the relevant time. However, the Seller retains the right to revise its lending policy from time to time, and so the criteria applicable to the New Loans may not be the same as those set out below. The criteria applicable as at the date of this Agreement are set out below.
Lending Criteria. The Incentive Rate will only be available to those borrowers making a down payment of at least 10% of the purchase price of the Sale Home or Origen Home, as applicable. The terms of each loan offered at the Incentive Rate shall state that the removal of the Sale Home or Origen Home, as applicable, from a Sun Property shall be an event of default under such loan. Origen reserves the right not to issue a loan to any potential purchaser of a Sale Home or an Origen Home based on the credit history of the potential purchaser or other reasons, in Origen's sole discretion.
