Common use of Origination and Collection Practices Clause in Contracts

Origination and Collection Practices. The origination and collection practices used with respect to each Loan have been in all material respects legal, proper and prudent and comply with the Credit and Collection Policy.

Appears in 10 contracts

Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

AutoNDA by SimpleDocs

Origination and Collection Practices. The origination and collection practices used by the Originator and any of its Affiliates with respect to each Loan have been consistent with the Servicing Standard and comply in all material respects legal, proper and prudent and comply with the Credit and Collection Policy.

Appears in 5 contracts

Samples: Commercial Loan Sale Agreement (NewStar Financial, Inc.), Commercial Loan Sale Agreement (NewStar Financial, Inc.), Commercial Loan Sale Agreement (NewStar Financial, Inc.)

Origination and Collection Practices. The origination and collection ------------------------------------ practices used with respect to each Loan have been in all material respects legal, proper proper, prudent and prudent customary in the Loan origination and servicing business and comply with the Credit and Collection Policy.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (MCG Capital Corp), Commercial Loan Sale Agreement (MCG Capital Corp)

AutoNDA by SimpleDocs

Origination and Collection Practices. The origination and collection practices used with respect to each Loan have been in all material respects legal, proper proper, prudent and prudent customary in the Loan origination and servicing business and comply with the Credit and Collection Policy.

Appears in 1 contract

Samples: Sale and Servicing Agreement (MCG Capital Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!