Common use of Lending Practices Clause in Contracts

Lending Practices. On financings made available to the Trust by the Sponsor, the Sponsor may not receive interest in excess of the lesser of the Sponsor’s cost of funds or the amounts that would be charged by unrelated lending institutions on comparable loans for the same purpose. The Sponsor shall not impose a prepayment charge or penalty in connection with such financings and the Sponsor shall not receive points or other financing charges. The Sponsor shall be prohibited from providing permanent financing for the Trust. For purposes of this Section 14.8, “permanent financing” shall mean any financing with a term in excess of twelve (12) months.

Lending Practices. On financings made available to the Trust Company by the Sponsor, the Sponsor may not receive interest in excess of the lesser of the Sponsor’s cost of funds or the amounts that would be charged by unrelated lending institutions on comparable loans for the same purpose. The Sponsor shall not impose a prepayment charge or penalty in connection with such financings and the Sponsor shall not receive points or other financing charges. The Sponsor shall be prohibited from providing permanent financing for the TrustCompany. For purposes of this Section 14.810.8, “permanent financing” shall mean any financing with a term in excess of twelve (12) months.