Common use of Credit Score Clause in Contracts

Credit Score. The weighted average of the Final Scores of each “Contract Group” is 665 or greater. A “Contract Group” is a group of Contracts related to a group of Loans that are Contributed Property on the Closing Date or on a particular Distribution Date during the Revolving Period on which Loans are conveyed hereunder.

Appears in 2 contracts

Samples: Contribution Agreement (Credit Acceptance Corporation), Sale and Contribution Agreement (Credit Acceptance Corp)

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Credit Score. The weighted average (based on Contract principal balance) of the Final Scores of each "Contract Group" is 665 630 or greater. A "Contract Group" is a group of Contracts related to a group of Dealer Loans that are becomes Contributed Property on the Closing Date or on a particular Distribution Date during the Revolving Period on which Loans are conveyed hereunderPeriod.

Appears in 2 contracts

Samples: Contribution Agreement (Credit Acceptance Corporation), Contribution Agreement (Credit Acceptance Corporation)

Credit Score. The weighted average (based on Contract principal balance) of the Final Scores of each “Contract Group” is 665 or greater. A “Contract Group” is a group of Contracts related to a group of Dealer Loans that are becomes Contributed Property on the Closing Date or on a particular Distribution Date during the Revolving Period on which Loans are conveyed hereunderPeriod.

Appears in 1 contract

Samples: Contribution Agreement (Credit Acceptance Corporation)

Credit Score. The weighted average (based on Contract principal balance) of the Final Scores of each "Contract Group" is 665 or greater. A "Contract Group" is a group of Contracts related to a group of Dealer Loans that are becomes Contributed Property on the Closing Date or on a particular Distribution Date during the Revolving Period on which Loans are conveyed hereunderPeriod.

Appears in 1 contract

Samples: Contribution Agreement (Credit Acceptance Corporation)

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Credit Score. The weighted average (based on Contract principal balance) of the Final Scores of each "Contract Group" is 665 680 or greater. A "Contract Group" is a group of Contracts related to a group of Dealer Loans that are becomes Contributed Property on the Closing Date or on a particular Distribution Date during the Revolving Period on which Loans are conveyed hereunderPeriod.

Appears in 1 contract

Samples: Contribution Agreement (Credit Acceptance Corporation)

Credit Score. The weighted average (based on Contract principal balance) of the Final Scores of each "Contract Group" is 665 [680] or greater. A "Contract Group" is a group of Contracts related to a group of Dealer Loans that are becomes Contributed Property on the Closing Date or on a particular Distribution Date during the Revolving Period on which Loans are conveyed hereunderPeriod.

Appears in 1 contract

Samples: Contribution Agreement (Credit Acceptance Corporation)

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