If a Loan Originator becomes insolvent, the procedure set out in the applicable Investment Agreement between the Loan Originator, investor and Hive5 applies. The Loan Originator’s ability to meet payment obligations, including any Buyback Obligation, may be affected.
What happens if a Loan Originator becomes insolvent?
In case of insolvency of the Loan originator, the procedure established in the Investment Agreement signed between the Loan originator, the investor and Hive5, acting as the platform operator, would be applicable.
