Common use of Collateral Manager Standard Clause in Contracts

Collateral Manager Standard. Each of the Collateral Assets was underwritten or acquired by the Borrower and is being serviced in conformity with the Collateral Manager Standard and the standard underwriting, credit, collection, operating and reporting procedures and systems of the Collateral Manager and, as applicable, the Transferor.

Collateral Manager Standard. Each of the Collateral Assets was underwritten or acquired by the Borrower and is being serviced in conformity with the Collateral Manager Standard and the standard underwriting, credit, collection, operating and reporting procedures and systems of the Collateral Manager and, as applicable, the Transferor.. USActive 60058040.860058040.11 -112-