OnDeck LOC means the “Line of Credit (LOC)” product as described in the Underwriting Policies.
OnDeck LOC means the “Line of Credit (LOC)” product as described in the UnderwritingPolicies.
OnDeck LOC means the “Line of Credit (LOC)” product, under which the Seller or the Credit Sponsor provides a revolving line of credit to an Obligor pursuant to a Loan Agreement that meets the criteria specified with respect to such product in the Credit Policies.
Examples of OnDeck LOC in a sentence
Company shall not acquire LOC Receivables which are not on the form of applicable Receivable Agreement for such OnDeck LOC attached to the Undertakings Agreement (or any successor form approved after the Fourth Amendment Effective Date in accordance with this Section 6.18).
More Definitions of OnDeck LOC
OnDeck LOC means the “Line of Credit (LOC)” product, under which the Seller or the Credit Sponsor provides a revolving line of credit to an Obligor pursuant to a Loan Agreement that meets the criteria specified with respect to such product in the Credit Policies.