Eligibility of Loans. Each Loan classified as an Eligible Loan (or included in any aggregation of balances of Eligible Loans) by the Borrower or the Servicer in any document or report delivered hereunder was an Eligible Loan as of the date so delivered and (ii) each related Contract classified as an Eligible Contract (or included in any aggregation of balances of Eligible Contracts) by the Borrower or Servicer in any document or report delivered hereunder was an Eligible Contract as of the date so delivered.
Appears in 3 contracts
Samples: Loan and Security Agreement (Credit Acceptance Corporation), Loan and Security Agreement (Credit Acceptance Corporation), Loan and Security Agreement (Credit Acceptance Corporation)
Eligibility of Loans. (i) Each Loan classified as an Eligible Loan (or included in any aggregation of balances of Eligible Loans) by the Borrower Debtor or the Servicer in any document or report delivered hereunder was an Eligible Loan as of the date so delivered delivered, and (ii) each related Contract classified as an Eligible Contract (or included in any aggregation of balances of Eligible Contracts) by the Borrower Debtor or the Servicer in any document or report delivered hereunder was an Eligible Contract as of the date so delivered.
Appears in 2 contracts
Samples: Security Agreement (Credit Acceptance Corporation), Security Agreement (Credit Acceptance Corporation)
