Adverse Selection Sample Clauses
The Adverse Selection clause is designed to address situations where one party possesses more information about a risk or asset than the other, potentially leading to an imbalance in the transaction. In practice, this clause may require parties to disclose relevant information or warrant that no material facts have been withheld, thereby reducing the likelihood that one side is unfairly disadvantaged. Its core function is to promote transparency and fairness by mitigating the risk that hidden information could negatively impact the agreement.
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Adverse Selection. The Company used no adverse selection procedures in selecting the Mortgage Loan from among the outstanding first-lien residential mortgage loans owned by it which were available for inclusion in the Mortgage Loans;
Adverse Selection. Seller has not selected the Purchased Assets in a manner so as to adversely affect Buyers’ interests.
Adverse Selection. No selection procedures adverse to the Noteholders were utilized in selecting the EFLLC Receivables from those receivables owned by the Seller which met the selection criteria set forth in this Agreement.
Adverse Selection. Seller has not selected the Purchased Mortgage Loans in a manner so as to adversely affect Buyer’s interests.
Adverse Selection. No selection procedures adverse to the Noteholders were utilized in selecting the Receivables from those receivables owned by the Seller which met the selection criteria set forth in clauses (A) through (M) of paragraph 20 of Schedule B-1.
Adverse Selection. No selection procedure believed by the Seller to be materially adverse to the interests of the Noteholders has been or will be used in selecting the Dealer Agreements, Purchase Agreements, Loans or Contracts; provided that for the avoidance of doubt, during the Revolving Period, the Seller in its sole discretion may elect to sell Dealer Loans secured by either Open Pools or Closed Pools.
Adverse Selection. No selection procedure believed by CAC to be materially adverse to the interests of Funding has been or will be used in selecting the Loans or any Dealer Agreements or Purchase Agreements; provided that for the avoidance of doubt, during the Revolving Period, CAC in its sole discretion may elect to sell Dealer Loans secured by either Open Pools or Closed Pools.
Adverse Selection. No selection procedures adverse to the Noteholders were utilized in selecting the Receivables from those receivables owned by the Seller which met the selection criteria set forth in this Agreement.
Adverse Selection. The Seller used no adverse selection procedures in selecting the Mortgage Loan from among the outstanding first or second lien, residential mortgage loans owned by it which were available for inclusion in the Mortgage Loans. gg.
Adverse Selection. No selection procedures adverse to the Noteholders were utilized in selecting the Receivables from those receivables owned by AFL which met the selection criteria contained in the Sale and Servicing Agreement.