Common use of Unsatisfactory Audit Clause in Contracts

Unsatisfactory Audit. The occurrence of any audit exceptions resulting from any audit, inspection or review pursuant to Section 6.1(c), Section 6.2(e) or Section 6.9, which, in the reasonable judgment of the Deal Agent, would have a material adverse effect on the ability of the Servicer to identify and allocate Collections.

Appears in 3 contracts

Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)

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Unsatisfactory Audit. The occurrence of any audit exceptions resulting from any audit, inspection or review pursuant to Section 6.1(c), Section 6.2(e) or Section 6.9, which, in the reasonable judgment of the Deal Agent, would have a material adverse effect Material Adverse Effect on the ability of the Servicer to identify and allocate CollectionsCollections or to service, as provided in this Agreement, any Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Credit Acceptance Corporation)

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