Common use of Adverse Selection Clause in Contracts

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.

Appears in 60 contracts

Sources: Purchase Agreement (Exeter Automobile Receivables Trust 2026-2), Purchase Agreement (Exeter Automobile Receivables Trust 2026-2), Purchase Agreement (Exeter Automobile Receivables Trust 2026-1)

Adverse Selection. No selection procedures adverse to the Noteholders were utilized in selecting the EFLLC Receivables from those receivables owned by the Seller Exeter which met the selection criteria set forth in this Agreement.

Appears in 1 contract

Sources: Purchase Agreement (Efcar, LLC)