Common use of Credit Guidelines Clause in Contracts

Credit Guidelines. The Borrower shall not make any changes in its Credit Guidelines without the Agent's prior written consent which the Agent may withhold in its sole and absolute discretion. The Borrower shall not purchase or otherwise acquire Contracts which do not comply with the Credit Guidelines.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Crown Group Inc /Tx/), Loan and Security Agreement (Crown Group Inc /Tx/)

Credit Guidelines. The Borrower shall not make any changes in its Credit Guidelines without the Agent's ’s prior written consent which the Agent may withhold in its sole and absolute discretion. The Borrower shall not purchase or otherwise acquire Contracts which do not comply with the Credit Guidelines.

Appears in 1 contract

Sources: Agented Revolving Credit Agreement (Americas Carmart Inc)