Common use of Preservation of Quality of Auto Loans Clause in Contracts

Preservation of Quality of Auto Loans. AutoBond will use its best efforts to prevent a deterioration in the quality of the Specified Auto Loans and will use its best efforts as Collection Agent to preserve the credit quality and collectibility of the Specified Auto Loans.

Appears in 2 contracts

Samples: Credit Agreement (Autobond Acceptance Corp), Credit Agreement (Autobond Acceptance Corp)

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Preservation of Quality of Auto Loans. AutoBond will use its best efforts to prevent a deterioration in the quality of the Specified Auto Loans and will use its best efforts as Collection Agent Servicer to preserve the credit quality and collectibility of the Specified Auto Loans.

Appears in 2 contracts

Samples: Credit Agreement (Autobond Acceptance Corp), Credit Agreement (Autobond Acceptance Corp)

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