The Guides Sample Clauses

The "The Guides" clause defines which external guidelines, standards, or reference materials are incorporated into the agreement and how they influence the parties' obligations. Typically, this clause specifies that certain industry guides, manuals, or regulatory documents are to be followed in performing the contract, and may outline how updates or changes to these guides are handled. Its core practical function is to ensure that both parties have a clear, shared understanding of the technical or procedural standards that apply, thereby reducing ambiguity and potential disputes over compliance.
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The Guides. The MPF Provider has issued its guides to PFIs (collectively, the “Guides”), and, from time to time, issues modifications of the Guides, and furnishes them to the PFI which the PFI agrees are incorporated into this Contract by reference as if fully set forth herein. These Guides are: (a) the MORTGAGE PARTNERSHIP FINANCE Origination Guide; and (b) the MORTGAGE PARTNERSHIP FINANCE Servicing Guide. Whenever there is a reference to the Guides in this Contract, it means either or both the Origination Guide and the Servicing Guide, as the context may require and as they exist now and as they may be amended or supplemented in writing. The MPF Provider may amend or supplement the Guides, or either of them, from time to time, at its sole discretion, by furnishing amendments or supplementary matter to the PFI in accordance with Section 13.2 of this Contract, and such amendments or supplements shall be included in the Guides for the purposes hereof. The Origination Guide is applicable to (i) the origination of Bank Funded Mortgages by the PFI or an approved designee, and (ii) the origination of Closed Mortgages sold to the Bank whether originated or purchased by the PFI. The Servicing Guide is applicable to the servicing of mortgages for the Bank whether originated for or purchased by the Bank from the PFI or from other PFIs.
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The Guides. From time to time, the MPF Provider issues its guides to PFIs (collectively, the “Guides”), and modifications of the Guides, and furnishes them to the PFI which the PFI agrees are incorporated into this Contract by reference as if fully set forth herein. These Guides are: (a) the MORTGAGE PARTNERSHIP FINANCE Origination Guide; and (b) the MORTGAGE PARTNERSHIP FINANCE Servicing Guide. Whenever there is a reference to the Guides in this Contract, it means either or both the Origination Guide and the Servicing Guide, as the context may require and as they exist now and as they may be amended or supplemented in writing. The MPF Provider may amend or supplement the Guides, or either of them, from time to time, at its sole discretion, by furnishing amendments or supplementary matter to the PFI. The Origination Guide is applicable to the origination of Mortgages by the PFI for sale to the Bank or the sale of Mortgages to the Bank which were purchased by the PFI. However, such provisions of the Origination Guide applicable solely to Bank Funded Mortgages do not apply to this Contract.
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  • Certain Policies Prior to the Effective Time, each of H▇▇▇▇▇ United and its Subsidiaries shall, consistent with U.S. GAAP, the rules and regulations of the SEC and applicable banking laws and regulations, modify or change its loan, OREO, accrual, reserve, tax, litigation and real estate valuation policies and practices (including loan classifications and levels of reserves) so as to be applied on a basis that is consistent with that of TD Banknorth, provided, however, that no such modifications or changes need be made prior to the satisfaction of the conditions set forth in Sections 8.1(a) and 8.1(b); and provided further that in any event, no accrual or reserve made by H▇▇▇▇▇ United or any of its Subsidiaries pursuant to this Section 7.15 shall constitute or be deemed to be a breach, violation of or failure to satisfy any representation, warranty, covenant, agreement, condition or other provision of this Agreement or otherwise be considered in determining whether any such breach, violation or failure to satisfy shall have occurred. The recording of any such adjustments shall not be deemed to imply any misstatement of previously furnished financial statements or information and shall not be construed as concurrence of H▇▇▇▇▇ United or its management with any such adjustments.

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