Eligible Dealer Loan Contract definition

Eligible Dealer Loan Contract means each Dealer Loan Contract which, at the time of its pledge by the applicable Dealer to the Originator, satisfied the requirements for “Qualifying Receivable” set forth in the related Dealer Agreement; provided, however, that an Eligible Dealer Loan Contract that has become subject to the payment of a Purchase Amount in accordance with Section 3.02 hereof or Section 4.07 hereof (regardless of whether such Purchase Amount is actually paid) shall not constitute an “Eligible Contract”.
Sample 1Sample 2Sample 3
Eligible Dealer Loan Contract. Each Dealer Loan Contract which at the time of its pledge by the applicable Dealer to the Originator, satisfied the requirements for “Qualifying Receivable” set forth in the related Dealer Agreement.
Sample 1Sample 2Sample 3

Examples of Eligible Dealer Loan Contract in a sentence

  • Each Eligible Dealer Loan Contract and each Eligible Purchased Loan Contract.

  • Williams reminded the DCLG that the site was created to improve NCI collaboration with the advocacy community.

  • For the years ended June 30, 2001, 2000 and 1999 there was a net increase in deposit accounts of $5.1 million, $3.7 million and $3.0 million, respectively.

Related to Eligible Dealer Loan Contract

  • Dealer Agreement means any agreement between a Dealer and AmeriCredit or an Originating Affiliate relating to the acquisition of Receivables from a Dealer by AmeriCredit or an Originating Affiliate.

  • Eligible Loan means a Loan offered for sale or substituted by Seller under a Sale Agreement which as of the Statistical Cutoff Date, in the case of the Initial Loans, or as of the related Subsequent Cutoff Date, in the case of any Additional Loan or Substituted Loan, is current or not more past due than permitted under such Sale Agreement in payment of principal or interest and which meets the following criteria as of the Statistical Cutoff Date, in the case of the Initial Loans, or as of the effective date of the related Xxxx of Sale, in the case of any Additional Loan or Substituted Loan:

  • Purchased Loan A motor vehicle retail installment loan relating to the sale of an automobile or light-duty truck originated by a Dealer, purchased by CAC or a subsidiary from such Dealer and evidenced by a motor vehicle retail installment sales contract.

  • Retail installment contract means that term as defined in section 2 of the retail installment sales act, MCL 445.852.

  • Eligible Loans has the meaning specified in any of the Purchase Agreements or the Sale Agreement, as applicable.