Underwriting Policies and Procedures definition

Underwriting Policies and Procedures means those certain Credit Underwriting Policies & Procedures of NMS disclosed to Administrative Agent prior to the Closing Date.
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Underwriting Policies and Procedures means those certain Credit Underwriting Policies & Procedures of NMS disclosed to the Administrative Agent prior to the Effective Date.
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Underwriting Policies and Procedures shall have the meaning given in Section 3.1(a).
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Examples of Underwriting Policies and Procedures in a sentence

  • All such endorsements must be drafted by the Legal/Product Department and made available for underwriters in accordance with the process set forth in BSU Underwriting Policies and Procedures.

  • In the event of any discrepancy or conflict between these Guidelines and the BSU Underwriting Policies and Procedures, these Guidelines shall govern.

  • Underwriting must be performed in accordance with these Guidelines and all applicable BSU Underwriting Policies and Procedures.

  • It is each underwriter’s duty to read and understand these Guidelines and all applicable BSU Underwriting Policies and Procedures.

  • There may also be additional line restrictions under ▇▇▇▇▇▇▇’s Reinsurance Treaties and in the BSU Underwriting Policies and Procedures.

  • Underwriters should refer to Division/Product specific guidelines contained in the BSU Underwriting Policies and Procedures.

  • Where an underlying policy’s terms do not comply with these Guidelines or other BSU Underwriting Policies and Procedures, underwriters must decline to write the account or utilize appropriate endorsements to exclude such non-conforming coverage.

  • The following class may not be considered: • Tobacco The following classes may not be written without prior CEO and CUO approval: • Cannabis • Cryptocurrency • Opioid Manufacturers • Fertility Clinics Abortion Clinics • Heavy Transportation • Primary Auto The BSU Underwriting Policies and Procedures may contain additional restrictions.

  • Underwriting Policies and Procedures ........................................................

  • The Examiners were provided and reviewed the Companies’ Underwriting Policies and Procedures.


More Definitions of Underwriting Policies and Procedures

Underwriting Policies and Procedures means those certain Credit Underwriting Policies & Procedures of NMS disclosed to Administrative Agent prior to the Closing Date. “Unrestricted Cash-on-Hand” means, on any date of determination, all money, currency or credit balances owned by any Holding Company or any of its Subsidiaries (including Companies and the Guarantor Subsidiaries) held in any demand or deposit account in the United States of America on the date of determination (excluding, for purposes of clarity, any amounts available to be drawn or funded under lines of credit or other debt facilities, including, without, limitation, revolving loans); provided, however, that amounts calculated under this definition shall exclude any amounts that would not be considered Cash; provided, further, that amounts included under this definition shall (i) be included only to the extent such amounts are not subject to any Lien or other restriction or encumbrance of any kind (other than Liens (x) arising solely by virtue of any statutory or common law provision relating to banker’s liens, rights of set-off or similar
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Related to Underwriting Policies and Procedures

  • Policies and Procedures means the written policies and procedures of the Client in any way related to the Services, including any such policies and procedures contained in the Organic Documents and the Offering Documents.

  • Underwriting Policy means an underwriting policy approved by Our board of directors;

  • Underwriting Guidelines The underwriting guidelines of the Seller, a copy of which is attached as an exhibit to the related Assignment and Conveyance.

  • Delinquency Collection Policies and Procedures The delinquency collection policies and procedures of the Interim Servicer, a copy of which is attached to the Interim Servicing Agreement as Exhibit 11.

  • Accounting Policies means the accounting policies and procedures set out in Part C of Schedule 4 (Accounting Policies);