Common use of Dealer Financing Services Clause in Contracts

Dealer Financing Services. (a) SCUSA shall provide full and fair consideration of any application for Dealer Financing received from a Dealer, applying commercial lending credit risk underwriting standards consistent with SCUSA’s general practices for financing automotive dealers and will provide Dealer Financing to Dealers, if appropriate in SCUSA’s reasonable discretion in accordance with its usual and customary commercial lending standards, subject to safety and soundness requirements and, absent a default by the dealer, the guidelines described in Exhibit C to the Agreement.

Appears in 6 contracts

Samples: Master Private Label Financing Agreement, Equity Option Agreement (Santander Consumer USA Holdings Inc.), Equity Option Agreement (Santander Consumer USA Holdings Inc.)

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