Common use of Adverse Selection Clause in Contracts

Adverse Selection. No selection procedures adverse to the Noteholders were utilized in selecting the EFLLC Receivables from those receivables owned by the Seller which met the selection criteria set forth in this Agreement.

Appears in 39 contracts

Samples: Purchase Agreement (Exeter Automobile Receivables Trust 2024-5), Purchase Agreement (Exeter Automobile Receivables Trust 2024-5), Purchase Agreement (Exeter Automobile Receivables Trust 2024-4)

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Adverse Selection. No selection procedures adverse to the Noteholders were utilized in selecting the EFLLC Receivables from those receivables owned by the Seller Exeter which met the selection criteria set forth in this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Efcar, LLC)

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