Common use of Underwriting Standards Clause in Contracts

Underwriting Standards. Without the prior consent of the Majority Lenders, alter its current Mortgage Loan origination and underwriting standards in any material manner from those disclosed to the Lenders and attached hereto as Exhibit N.

Appears in 2 contracts

Sources: Mortgage Loan Warehousing Agreement (Emergent Group Inc), Mortgage Loan Warehousing Agreement (Emergent Group Inc)

Underwriting Standards. Without the prior consent of the Majority Lenders, alter its current Mortgage Loan origination and underwriting standards in any material manner from those disclosed to the Lenders and attached hereto as Exhibit N.G.

Appears in 1 contract

Sources: Mortgage Loan Warehousing Agreement (Emergent Group Inc)