Common use of Credit Score Clause in Contracts

Credit Score. The weighted average (based on Contract principal balance) of the Final Scores of each "Contract Group" is 630 or greater. A "Contract Group" is a group of Contracts related to a group of Dealer Loans that becomes Contributed Property on the Closing Date or on a particular Distribution Date during the Revolving Period.

Appears in 2 contracts

Samples: Contribution Agreement (Credit Acceptance Corporation), Contribution Agreement (Credit Acceptance Corporation)

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Credit Score. The weighted average (based on Contract principal balance) of the Final Scores of each "Contract Group" is 630 665 or greater. A "Contract Group" is a group of Contracts related to a group of Dealer Loans that becomes are Contributed Property on the Closing Date or on a particular Distribution Date during the Revolving PeriodPeriod on which Loans are conveyed hereunder.

Appears in 2 contracts

Samples: Sale and Contribution Agreement (Credit Acceptance Corp), Contribution Agreement (Credit Acceptance Corporation)

Credit Score. The weighted average (based on Contract principal balance) of the Final Scores of each "Contract Group" is 630 665 or greater. A "Contract Group" is a group of Contracts related to a group of Dealer Loans that becomes Contributed Property on the Closing Date or on a particular Distribution Date during the Revolving Period.

Appears in 1 contract

Samples: Contribution Agreement (Credit Acceptance Corporation)

Credit Score. The weighted average (based on Contract principal balance) of the Final Scores of each "Contract Group" is 630 680 or greater. A "Contract Group" is a group of Contracts related to a group of Dealer Loans that becomes Contributed Property on the Closing Date or on a particular Distribution Date during the Revolving Period.

Appears in 1 contract

Samples: Contribution Agreement (Credit Acceptance Corporation)

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Credit Score. The weighted average (based on Contract principal balance) of the Final Scores of each "Contract Group" is 630 [680] or greater. A "Contract Group" is a group of Contracts related to a group of Dealer Loans that becomes Contributed Property on the Closing Date or on a particular Distribution Date during the Revolving Period.

Appears in 1 contract

Samples: Contribution Agreement (Credit Acceptance Corporation)

Credit Score. The weighted average (based on Contract principal balance) of the Final Scores of each "Contract Group" is 630 665 or greater. A "Contract Group" is a group of Contracts related to a group of Dealer Loans that becomes Contributed Property on the Closing Date or on a particular Distribution Date during the Revolving Period.

Appears in 1 contract

Samples: Contribution Agreement (Credit Acceptance Corporation)

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