Specified Procedures definition
Examples of Specified Procedures in a sentence
The Facility Administrator shall be under no duty to inquire as to the accuracy or genuineness of the information provided to it in conducting the Specified Procedures nor shall it have any duty to review any information other than such files, reports and other information provided to it by Bluegreen.
Notwithstanding the foregoing, the Noteholders acknowledge and the Facility Administrator agrees that the Facility Administrator will perform certain due diligence including tests resulting in FICO scores with respect to the Obligors of certain Receivables and various file review procedures as selected by the Facility Administrator (collectively, the "Specified Procedures").
Right to Participate in and Defend Third Party Claims; Specified Procedures for Tax Matters.
Notwithstanding the foregoing, the Noteholders acknowledge and the Facility Administrator agrees that the Facility Administrator will perform certain due diligence including tests resulting in FICO scores with respect to the Obligors of certain Receivables and file review procedures consisting of those items listed on EXHIBIT K hereto (collectively, the "Specified Procedures").