Characteristics of Contracts. Each Pledged Contract delivered to Lender as an Eligible Contract meets all of the requirements listed in the definition of Eligible Contract, except that Borrower makes no representation or warranty as to whether (i) the Contract meets such requirements to Lender's satisfaction, or (ii) the Contract presents a credit, collateral, or documentation risk unacceptable to Lender. No selection procedures adverse to Lender have been utilized in selecting the Eligible Contracts delivered to Lender.
Appears in 3 contracts
Samples: Contract Loan and Security Agreement (Consumer Portfolio Services Inc), Motor Vehicle Installment Contract Loan and Security Agreement (TFC Enterprises Inc), Registration Rights Agreement (General Acceptance Corp /In/)
Characteristics of Contracts. Each Pledged Contract delivered to ---------------------------- Lender as an Eligible Contract meets all of the requirements listed in the definition of Eligible Contract, except that Borrower makes no representation or warranty as to whether (i) the Contract meets such requirements to Lender's satisfaction, or (ii) the Contract presents a credit, collateral, or documentation risk unacceptable to Lender. No selection procedures adverse to Lender have been utilized in selecting the Eligible Contracts delivered to Lender.
Appears in 1 contract
Samples: Contract Loan and Security Agreement (TFC Enterprises Inc)
Characteristics of Contracts. Each Pledged Contract delivered to Lender as an Eligible Contract meets all of the requirements listed in the definition of Eligible Contract, except that Borrower makes no representation or warranty as to whether (i) the Contract meets such requirements to Lender's satisfaction, or (ii) the Contract presents a credit, collateral, or documentation risk unacceptable to Lender. No selection procedures adverse to 55 Lender have been utilized in selecting the Eligible Contracts delivered to Lender.
Appears in 1 contract
Samples: Motor Vehicle Installment Contract Loan and Security Agreement (Ugly Duckling Corp)
Characteristics of Contracts. Each Pledged Contract delivered to Lender as an Eligible Contract meets all of the requirements listed in the definition of Eligible Contract, except that Borrower makes no representation or warranty as to whether (i) the Contract meets such requirements to Lender's satisfaction, or (ii) the Contract presents a credit, collateral, or documentation risk unacceptable to Lender. No selection procedures adverse to Lender have been utilized in selecting the Eligible Contracts delivered to Lender.. (p)
Appears in 1 contract
