Servicing Policy definition
Examples of Servicing Policy in a sentence
Within ten (10) Business Days after the date of any material change or amendment to its Servicing Policy and Procedure, a true and complete copy of such change or amendment, and if requested by the Insurer, a copy of the Servicing Policy and Procedure then in effect.
The Credit Parties shall provide the Administrative Agent with at least ten (10) Business Days’ prior written notice of any other changes or modifications to the Credit Policies or the Servicing Policy that do not require the consent of the Administrative Agent.
Within ninety (90) days after the end of each of its fiscal years, a true and complete copy of its Servicing Policy and Procedure then in effect.
No Credit Party shall make or authorize any changes or modifications to the Credit Policies or the Servicing Policy in a manner adverse to the interests of the Agents or the Lenders under the Credit Documents without the prior written consent of the Administrative Agent.
For more information on Fair Lending, refer to Fair Lending and Servicing Policy, 6221.