Adverse Selection Procedure definition

Adverse Selection Procedure means any method of selecting or identifying a Contract eligible to be included in the Trust Estate, other than in accordance with the Transaction Documents, that materially and adversely affects the representative nature of the sample of Contracts so selected.
Sample 1Sample 2Sample 3
Adverse Selection Procedure means any method of selecting or identifying a Receivable eligible to be included in the Collateral, other than in accordance with the Transaction Documents, that materially and adversely affects the representative nature of the sample of Receivables so selected.
Sample 1Sample 2
Adverse Selection Procedure means any method of selecting or identifying Lease Contracts eligible to be included in the Collateral for inclusion therein, other than as outlined in the Commitment, that materially and adversely affects the representative nature of the sample of Lease Contracts so selected and decreases the probability that the Indenture Trustee will receive an uninterrupted flow of payments of principal and interest under the Lease Contracts.
Sample 1

Examples of Adverse Selection Procedure in a sentence

  • The Servicer, the Seller and the Depositor will not use any Adverse Selection Procedure in selecting Contracts to be transferred to the Indenture Trustee from the outstanding contracts that qualify under the Sale and Allocation Agreement for inclusion in the Trust.

  • The Transferor and the Seller will not use any Adverse Selection Procedure in selecting the Receivables that qualify under the Security Agreement for inclusion as Collateral.

  • The Company and the Transferor will not use any Adverse Selection Procedure in selecting the Lease Contracts to be pledged to the Trustee from the outstanding Lease Contracts that qualify under the Trust and Security Agreement for inclusion in the Trust Property.

  • The Company and the Issuer will not use any Adverse Selection Procedure in selecting the Lease Contracts to be pledged to the Indenture Trustee from the outstanding Lease Contracts that qualify under the Indenture for inclusion in the Collateral.

Related to Adverse Selection Procedure

  • Auction Procedures means the Auction Procedures that are set forth in Paragraph 10 of the Articles Supplementary.

  • Complaints Procedure means the School's procedure for handling complaints from parents, as amended from time to time for legal or other substantive reasons, or in order to assist the proper administration of the School. It does not form part of the contract between you and the School. A copy of the most up-to-date procedure is on the School's website and is otherwise available from the School at any time upon request;

  • Administrative Procedures means the Administrative Procedures of Minnesota Management & Budget developed in accord with M.S. 43A.04, subdivision 4.

  • Reconciliation Procedures means those procedures set forth in Section 7.09 of this Agreement.

  • Grievance Procedure is used in this Agreement, it shall be considered as including the arbitration procedure.

  • Automatic Route Selection or “ARS” means a service feature associated with a specific grouping of lines that provides for automatic selection of the least expensive or most appropriate transmission facility for each call based on criteria programmed into the system.

  • Dispute Resolution Procedures means the procedures outlined in Annexure A of the MSA Determination.

  • MERS Procedures Manual The MERS Procedures Manual, as it may be amended, supplemented or otherwise modified from time to time.

  • Settlement Procedures Timetable For offers to purchase Certificated Notes accepted by the Company, Settlement Procedures A through F set forth above shall be completed as soon as possible following the trade but not later than the respective times (New York City time) set forth below: Settlement Procedure Time ---------- ----

  • Dispute Resolution Procedure means the procedure for resolution of Disputes set forth in Article 26;

  • Application Process means the online application process under which the Applicant applies for Hospitality Packages on the Webshop.

  • MERS Procedure Manual The MERS Procedures Manual, as it may be amended, supplemented or otherwise modified from time to time.

  • Sale Procedures Unless otherwise specified in the Supplement, shall mean that, with respect to any sale of one or more Underlying Securities or Related Assets, the Market Agent, on behalf of the Trust, shall sell such Underlying Securities or Related Assets to the highest bidders among not less than two solicited bidders for such Underlying Securities or Related Assets (one of which bidders may include Merrill Lynch & Co. or any Affiliate thereof; provided, however, that xxxxxxr Xxxxill Lynch & Co. nor any of its Affiliates will be under any obligxxxxx xo xxx, and which bidders need not be limited to recognized broker dealers). In the sole judgment of the Market Agent, bids may be evaluated on the basis of bids for a single Underlying Security or Related Asset, a portion of the Underlying Securities or Related Assets, or all of the Underlying Securities or Related Assets being sold or any other basis selected in good faith by the Market Agent.

  • Delinquency Collection Policies and Procedures The delinquency collection policies and procedures of the Interim Servicer, a copy of which is attached to the Interim Servicing Agreement as Exhibit 11.

  • Change Control Procedure has the meaning set out at Clause 28.1;