Originator Agreement. Each Contract is subject to an Originator Agreement with the Seller and which if acquired by the Seller pursuant to a “bulk purchase” from another Originator has been approved by the Insurer; provided, however that receivables originated under the Seller’s direct origination program are evidenced by a promissory note.
Appears in 3 contracts
Samples: Sale and Allocation Agreement (First Investors Financial Services Group Inc), Sale and Allocation Agreement (First Investors Financial Services Group Inc), Sale and Allocation Agreement (First Investors Financial Services Group Inc)
Originator Agreement. Each Contract is subject to an Originator Agreement with the Seller and which if acquired by the Seller pursuant to a “bulk purchase” from another Originator has been approved by the Insurer; provided, however that receivables originated under the Seller’s direct origination program are evidenced by a promissory note.
Appears in 2 contracts
Samples: Contribution Agreement (First Investors Financial Services Group Inc), Contribution Agreement (First Investors Financial Services Group Inc)
