CHANGE IN CREDIT GUIDELINES Sample Clauses

The "Change in Credit Guidelines" clause allows a lender or financial institution to modify the criteria or standards used to evaluate a borrower's creditworthiness during the term of an agreement. In practice, this means the lender can update requirements such as minimum credit scores, acceptable debt-to-income ratios, or other financial benchmarks that borrowers must meet. This clause ensures the lender can adapt to changing market conditions or regulatory requirements, thereby managing risk and maintaining prudent lending practices.
CHANGE IN CREDIT GUIDELINES. Within ten (10) days after the date any material change in or amendment to the Credit Guidelines is made, a copy of the Credit Guidelines then in effect indicating such change or amendment.
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CHANGE IN CREDIT GUIDELINES. Within 10 days after the date of any material change in or amendment to the Credit Guidelines, a copy of the Credit Guidelines then in effect indicating such change or amendment. Any change that will materially and adversely affect the Surety Bond Provider shall be approved in writing by the Surety Bond Provider.
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CHANGE IN CREDIT GUIDELINES. Within 10 days after the date of any material change in or amendment to the Credit Guidelines, a copy of the Credit Guidelines then in effect indicating such change or amendment. Any change that will materially and adversely affect the Deal Agent shall be approved in writing by the Deal Agent.
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CHANGE IN CREDIT GUIDELINES. Within 15 days of the effectiveness of any material change in or amendment to the Credit Guidelines notice thereof, and within 30 days after such effective date, a copy of the 48 Credit Guidelines, then in effect indicating such change or amendment.
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Related to CHANGE IN CREDIT GUIDELINES

  • Change in Credit and Collection Policy At least thirty (30) days prior to the effectiveness of any material change in or material amendment to the Credit and Collection Policy, a copy of the Credit and Collection Policy then in effect and a notice (A) indicating such change or amendment, and (B) if such proposed change or amendment would be reasonably likely to adversely affect the collectibility of the Receivables or decrease the credit quality of any newly created Receivables, requesting the Agent's consent thereto.

  • Change in Business or Credit and Collection Policy The Seller shall not make (or permit any Originator to make) any change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Agent.

  • Applicable Guidelines The Sentencing Guidelines to be considered in this case are those in effect at the time of sentencing. The following statements regarding the calculation of the Sentencing Guidelines are based on the Guidelines Manual currently in effect, namely the November 2011 Guidelines Manual.

  • Private Letter Ruling or Change or Clarification of Law At Developer’s request and expense, Connecting Transmission Owner shall file with the IRS a request for a private letter ruling as to whether any property transferred or sums paid, or to be paid, by Developer to Connecting Transmission Owner under this Agreement are subject to federal income taxation. Developer will prepare the initial draft of the request for a private letter ruling, and will certify under penalties of perjury that all facts represented in such request are true and accurate to the best of Developer’s knowledge. Connecting Transmission Owner and Developer shall cooperate in good faith with respect to the submission of such request. Connecting Transmission Owner shall keep Developer fully informed of the status of such request for a private letter ruling and shall execute either a privacy act waiver or a limited power of attorney, in a form acceptable to the IRS, that authorizes Developer to participate in all discussions with the IRS regarding such request for a private letter ruling. Connecting Transmission Owner shall allow Developer to attend all meetings with IRS officials about the request and shall permit Developer to prepare the initial drafts of any follow-up letters in connection with the request.

  • Investment Guidelines In addition to the information to be provided to the Sub-Advisor under Section 2 hereof, the Trust or the Advisor shall supply the Sub-Advisor with such other information as the Sub-Advisor shall reasonably request concerning the Fund’s investment policies, restrictions, limitations, tax position, liquidity requirements and other information useful in managing the Fund’s investments.