Common use of Timing of Offering Subprime Loans Clause in Contracts

Timing of Offering Subprime Loans. The parties shall work together to begin offering Subprime Loans under the terms of this Agreement by May 31, 1999, or as soon thereafter as practicable (the "Commencement Date"). The first contract year under this Agreement with respect to Subprime Loans shall begin on the Commencement Date and end on the date 12 months following the Commencement Date. The successive contract years under this Agreement shall begin and end on such dates of the following years (each, a "Contract Year").

Appears in 4 contracts

Samples: Subprime Agreement for Distribution, Marketing, Facilities, and Services (Mortgage Com Inc), Subprime Agreement for Distribution, Marketing, Facilities, and Services (Mortgage Com Inc), Subprime Agreement for Distribution, Marketing, Facilities, and Services (Mortgage Com Inc)

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