Lending Guidelines definition

Lending Guidelines means the Account Owner’s established policies and procedures (a) relating to the operation of its credit card business, which are applicable to its entire portfolio of VISA and MasterCard and other revolving credit accounts and are consistent with reasonably prudent practice, including the established policies and procedures for determining the creditworthiness of credit card or other revolving credit account customers, and the extension of credit to credit card and other revolving credit account customers and (b) relating to the maintenance of credit card and other revolving credit accounts and the collection of receivables with respect thereto, as such policies and procedures may be amended, modified, or otherwise changed from time to time in conformance with all Requirements of Law, the failure to comply with which would have a material adverse effect on the interests hereunder of Investor Certificateholders.
Lending Guidelines has the meaning given to it in the Mortgage Sale Agreement;
Lending Guidelines means the lending guidelines set out in Schedule 5 or such other guidelines which (to the extent that they differ from those set out in Schedule 5) PML (as Administrator) has certified, in its reasonable opinion, will not have an adverse effect on the then current ratings of the Notes (and a copy of which has been supplied to the Trustee).

Examples of Lending Guidelines in a sentence

  • The Lending Agent shall furnish the Client with the reports and statements set forth in the Securities Lending Guidelines or as otherwise agreed from time to time.

  • The Client authorizes and directs the Lending Agent, subject to oversight by the Advisor, to cause to be invested, on the Client’s behalf and at the Client’s sole risk, all Cash Collateral by effecting purchases and sales and/or subscriptions and redemptions of such Collateral in accordance with the Securities Lending Guidelines.

  • The Lending Agent is hereby authorized and directed, without obtaining any further approval from the Client or the Advisor, to invest and reinvest all Cash Collateral in accordance with the Securities Lending Guidelines (“Permitted Investments”).

  • BTC shall only make loans to Affiliated Borrowers in accordance with such conditions and procedures, as they may be amended from time to time, and only so long as they remain applicable, and in accordance with the Securities Lending Guidelines.

  • If Cash Collateral is received, BTC is hereby authorized and directed, without obtaining any further approval from the Fund, to invest and reinvest all or substantially all of the Cash Collateral received in any Approved Investments, including in the name of and on behalf of the Fund to redeem, withdraw or sell the same, and to receive distributions in the name of and on behalf of the Fund in accordance with the Securities Lending Guidelines.


More Definitions of Lending Guidelines

Lending Guidelines means the lending guidelines set out in Schedule 5 or such other guidelines which (to the extent that they differ from those set out in Schedule 5) the Administrator has certified, in its reasonable opinion, will not have an adverse effect on the then current ratings of the Notes (and a copy of which has been supplied to the Trustee).
Lending Guidelines has the meaning ascribed thereto in the Mortgage Sale Agreement.
Lending Guidelines means those guidelines established from time to time by Lender for the development, implementation, and administration of the Loans.. Both parties agree to act in good faith and in a commercially reasonable manner in connection with the implementation and administration of the Lending Guidelines.
Lending Guidelines means the Seller’s established policies and procedures relating to the operation of its credit card business which are applicable to its entire portfolio of “MasterCard” and other revolving accounts and are consistent with reasonably prudent practice, including the established policies and procedures for determining the creditworthiness of credit card or other revolving credit account customers, and the extension of credit to credit card and other revolving credit account customers and relating to the maintenance of credit card and other revolving credit accounts and collection of receivables with respect thereto, as such policies and procedures may be amended, modified, or otherwise changed from time to time in conformance with all Requirements of Law, the failure to comply with which would have a material adverse effect on the interests of the Series Indebtedness Holders under the Receivables Purchase Agreement, the Trust Indenture or any Supplement;
Lending Guidelines means the written policies and procedures of Chase USA relating to the operation of its consumer revolving lending business, including, without limitation, the written policies and procedures for determining the creditworthiness of credit card or other revolving credit account customers, the extension of credit to credit card and other revolving credit account customers and relating to the maintenance of credit card and other revolving credit accounts and collection of receivables with respect thereto, as such policies and procedures may be amended, modified, or otherwise changed from time to time in conformance with all Requirements of Law, the failure to comply with which would have a material adverse effect on the interests of Purchaser hereunder or under the Pooling and Servicing Agreement.
Lending Guidelines means, with respect to the Account Owner, such Account Owner's written policies and procedures relating to the operation of its consumer revolving lending business, including, without limitation, the written policies and procedures for determining the creditworthiness of credit card or other revolving credit account customers, the extension of credit to credit card and other revolving credit account customers and relating to the maintenance of credit card and other revolving credit accounts and collection of receivables with respect thereto, as such policies and procedures may be amended, modified, or otherwise changed from time to time in conformance with all Requirements of Law, the failure to comply with which would have a material adverse effect on interests hereunder of Investor Certificateholders.
Lending Guidelines has the meaning given to it in the Mortgage Sale Agreement; "Lloyds" means Lloyds Bank Corporate Markets plc;