Eligible Dealers definition
Examples of Eligible Dealers in a sentence
Without prejudice to the statutory duties of the Management Company under all applicable laws and regulations and subject to the verification by the Management Company of the conditions precedent relating to any Offer, the Management Company shall not, before any such sale, make any independent investigation in relation to the Seller, the Purchased Receivables, the Ancillary Rights, the Related Security, the Eligible Dealers, any Dealer Agreement and the solvency of any Eligible Dealers.
Servicer shall follow the Servicing Policy, consistent with the standards of care set forth in Section 3.01, which may include reasonable efforts to realize upon any recourse to Eligible Dealers, selling the Financed Vehicle at public or private sale, pursuing deficiency judgments and collecting Recoveries, as applicable.
Promptly after completion, Borrower shall --------------------------- deliver to Agent copies of its internal credit write-ups and dealer financial statements and regular updates of the same and such other information as Agent may request from time to time regarding Eligible Dealers.