Underwriting Standards. The Mortgage Loan was underwritten in accordance with the underwriting standards of Countrywide in effect at the time the Mortgage Loan was originated;
Underwriting Standards. Each Mortgage Loan was underwritten in accordance with the Underwriting Guidelines.
Underwriting Standards. Each of the Contracts was underwritten and is being serviced in conformance with the Underwriting Guidelines and the Servicing Agreement.
Underwriting Standards. The Loan complies with all the terms, conditions and requirements of the related originator’s underwriting standards in effect at the time of origination of such Loan;
Underwriting Standards. The parties hereby declare and agree that all policies and benefits covered under this Agreement shall be issued in accordance with the Ceding Company’s normal underwriting standards and guidelines. Any subsequent material changes to the underwriting standards and guidelines shall be subject to the approval of MARC in writing before being applied to policies and benefits to be covered by this Agreement.
Underwriting Standards. Each of the Company and the Insurance Subsidiaries have complied in all material respects with its respective underwriting standards and, with respect to insurance contracts reinsured in whole or in part, such insurance contracts conform in all material respects to the standards agreed to with the reinsurer in the related reinsurance, coinsurance or other similar contracts.
Underwriting Standards. (a) The Lender shall utilize, as a minimum, the underwriting standards set forth in the Program Guidelines and other applicable Program Requirements (the “PACE Minimum Underwriting Standards”). Prior to the execution of each Program Financing Agreement, the Administrator reserves the right to determine whether such PACE Minimum Underwriting Standards have been satisfied. The Lender may develop additional underwriting standards that comply with applicable law, the Program Guidelines and other applicable Program Requirements (including the PACE Minimum Underwriting Standards) and this Agreement.
(b) From time to time the Administrator, in consultation with the City where appropriate, may determine that modifications to the PACE Minimum Underwriting Standards are necessary or appropriate and in such cases the Administrator may promulgate such modifications. Any such modifications to the PACE Minimum Underwriting Standards will apply only to Approved Projects for which the related notice of approval given under Section 2.1(d) was issued after the effective date of such modifications.
(c) Following any material modifications to the PACE Minimum Underwriting Standards, the Administrator shall promptly provide written notice to the Lender of such modifications to the PACE Minimum Underwriting Standards.
Underwriting Standards. Without the prior consent of the Majority Lenders, alter its current Mortgage Loan origination and underwriting standards in any material manner from those disclosed to the Lenders and attached hereto as Exhibit N.
Underwriting Standards. Originate and acquire Mortgage Loans in accordance with the Companies' current underwriting standards in the form attached hereto as Exhibit G and incorporated herein by this reference.
Underwriting Standards. Copies of LHO's and CAB's loan ---------------------- underwriting standards (other than small business administration or other governmental guidelines or manuals), servicing procedures and credit policies as in effect on the Closing Date consistent with historical practices.
