Common use of Retail Installment Contracts Clause in Contracts

Retail Installment Contracts. The retail installment contracts held by Company or any of its Subsidiaries are valid and enforceable in accordance with their terms except where the failure of such retail installment contracts to be valid and enforceable would not have a Material Adverse Effect on the Company.

Appears in 2 contracts

Sources: Merger Agreement (TFC Enterprises Inc), Merger Agreement (MFN Financial Corp)

Retail Installment Contracts. The retail installment contracts held by Company Parent or any of its Subsidiaries are valid and enforceable in accordance with their terms except where the failure of such retail installment contracts to be valid and enforceable would not have a Material Adverse Effect on the CompanyParent.

Appears in 1 contract

Sources: Merger Agreement (MFN Financial Corp)