Common use of Credit Criteria Clause in Contracts

Credit Criteria. A. With respect to each Obligor on each Contract, the Buyer shall perform all credit checks and reviews that are standard for the motor vehicle lease industry and shall supply the verification information to the Company at the time of acquisition of each Contract. B. In addition to the credit checks and reviews set forth in paragraph IV.A. above, each Obligor must satisfy the following criteria: 1. Verifiable home telephone number in Obligor's residence; 2. Residence: (a) Evidence of purchase, lease or rental agreement in Obligor's name; (b) Stability - Review length of time at last two addresses, as well as time in area;

Credit Criteria. A. With respect to each Obligor on each Contract, the Buyer Servicer shall perform all credit checks and reviews that are standard for the motor vehicle lease industry and shall supply the verification information to the Company at the time of acquisition of each Contract. B. In addition to the credit checks and reviews set forth in paragraph IV.A. above, each Obligor must satisfy the following criteria: 1. Verifiable home telephone number in Obligor's residence; 2. Residence: (a) Evidence of purchase, lease or rental agreement in Obligor's name; (b) Stability - Review length of time at last two addresses, as well as time in area;