Credit Acceptance. Credit Acceptance Corporation, a Michigan corporation, and its successors and permitted assigns.
Credit Acceptance. Auto Dealer Loan Trust 2007-1 will be released from every covenant and agreement of this Indenture to be observed or performed on the part of the Issuer with respect to the Class A Notes immediately upon the delivery of written notice from the Issuer to the Indenture Trustee and the Class A Insurer stating that Credit Acceptance Auto Dealer Loan Trust 2007-1 is to be so released.
Credit Acceptance. FBC will in its sole discretion determine the acceptability of the Obligor’s credit under proposed transactions and will advise AspenTech of FBC’s credit determination. If FBC does not approve the creditworthiness of an Obligor under a proposed transaction within thirty (30) business days, the proposed transaction will be deemed rejected. Credit approvals by FBC shall be in writing and shall be valid for a period of ninety (90) days from their issuance unless a different time is specified in writing by FBC, and will be subject to any terms specified by FBC in connection with the approval. Credit approval may be revoked if FBC determines, in its sole discretion, that (i) a change has occurred in the structure of the proposed transaction from that represented by AspenTech to FBC at the time of its approval, (ii) there has occurred a material adverse change (as determined by FBC) in the creditworthiness or business condition of the Obligor, or (iii) any of the materials, information, statements and/or representations provided to FBC in connection with its credit review or approval are false, misleading or incomplete to any material extent. FBC will promptly notify AspenTech, in writing, of any revocation.
Credit Acceptance. For a student accepted into the Credit Recovery program, the subject Teacher shall be required to identify
Credit Acceptance. TNA reserves the right to secure full or partial payment in advance if, in TNA’s sole discretion, the financial condition of Buyer does not justify credit extension. TNA reserves the right to require collateral from Buyer to secure repayment for Buyer’s credit account or individual Purchase Orders.
