Common use of No Adverse Selection Procedures Clause in Contracts

No Adverse Selection Procedures. The selection procedures used by the Seller in selecting any Contract or Financed Vehicle to be included in the Sold Assets shall not intentionally discriminate against the Buyer as to type or age of Financed Vehicle, Obligor or terms of the Contract in comparison to the Seller's entire pool of Contracts and Financed Vehicles as a whole;

Appears in 2 contracts

Sources: Contribution and Sale Agreement (E Loan Inc), Contribution and Sale Agreement (E Loan Inc)