Common use of Direct Program Origination Clause in Contracts

Direct Program Origination. Not less than 54.0% of the total portfolio of Contracts, after giving effect to the Prefunding Period, shall have been originated through the Seller’s direct origination program.

Appears in 1 contract

Sources: Contribution Agreement (First Investors Financial Services Group Inc)

Direct Program Origination. Not less than 54.0% of the total portfolio aggregate Principal Balance of the Contracts, after giving effect to the Prefunding Period, shall have been originated through the Seller’s direct origination program.

Appears in 1 contract

Sources: Sale and Allocation Agreement (First Investors Financial Services Group Inc)

Direct Program Origination. Not less than 54.065.0% of the total portfolio of Contracts, after giving effect to the Prefunding Period, shall have been originated through the Seller’s direct origination program.

Appears in 1 contract

Sources: Contribution Agreement (First Investors Financial Services Group Inc)

Direct Program Origination. Not less than 54.065.0% of the total portfolio aggregate Principal Balance of the Contracts, after giving effect to the Prefunding Period, shall have been originated through the Seller’s direct origination program.

Appears in 1 contract

Sources: Sale and Allocation Agreement (First Investors Financial Services Group Inc)

Direct Program Origination. Not less than 54.021.0% of the total portfolio aggregate Principal Balance of the Contracts, after giving effect to the Prefunding Period, shall have been originated through the Seller’s direct origination program.

Appears in 1 contract

Sources: Sale and Allocation Agreement (First Investors Financial Services Group Inc)