Common use of Selection Procedures Clause in Contracts

Selection Procedures. No procedures believed by the Borrower to be adverse to the interests of the Lenders were utilized by the Borrower in identifying and/or selecting Receivables to be funded by the related Loans. In addition, each Receivable shall have been underwritten in accordance with and satisfy the standards of the Credit Policy in effect at the time of the origination of such Receivable.

Selection Procedures. No procedures believed by the Borrower to be materially adverse to the interests of the Collateral Agent or the Lenders were utilized by the Borrower in identifying and/or selecting Receivables to be funded by the related LoansLoans or Dealer Agreements. In addition, each Receivable Loan shall have been underwritten in accordance with and satisfy satisfy, in each case in all material respects, the standards of any Credit Guidelines that have been established by the Credit Policy Borrower or the Originator and are then in effect at the time of the origination of such Receivableeffect.

Selection Procedures. No procedures believed by the Borrower to be adverse to the interests of the Collateral Agent or the Lenders were utilized by the Borrower in identifying and/or selecting Receivables to be funded by the related LoansLoans or Dealer Agreements. In addition, each Receivable Loan shall have been underwritten in accordance with and satisfy the standards of any Credit Guidelines that has been established by the Credit Policy Borrower or the Originator and is then in effect at the time of the origination of such Receivableeffect.

Selection Procedures. No procedures believed by the Borrower to be adverse to the interests of the Lenders Lender were utilized by the Borrower in identifying and/or selecting Receivables to be funded by the related LoansLoans in the Collateral. In addition, each Receivable Loan shall have been underwritten in accordance with and satisfy the standards of any Credit and Collection Policy that has been established by the Credit Policy Originator and is then in effect at the time of the origination of such Receivableeffect.

Selection Procedures. No procedures believed by the Borrower to be adverse to the interests of the Lenders Collateral Agent or the Lender were utilized by the Borrower in identifying and/or selecting Receivables to be funded by the related LoansLoans or Dealer Agreements. In addition, each Receivable Loan shall have been underwritten in accordance with and satisfy the standards of any Credit Guidelines that has been established by the Credit Policy Borrower or the Originator and is then in effect at the time of the origination of such Receivableeffect.

Selection Procedures. No procedures believed by the Borrower to be materially adverse to the interests of the Lenders Collateral Agent or the Lender were utilized by the Borrower in identifying and/or selecting Receivables to be funded by the related LoansLoans or Dealer Agreements. In addition, each Receivable Loan shall have been underwritten in accordance with and satisfy satisfy, in each case in all material respects, the standards of any Credit Guidelines that have been established by the Credit Policy Borrower or the Originator and are then in effect at the time of the origination of such Receivableeffect.

Selection Procedures. No procedures believed by the Borrower to be adverse to the interests of the Lenders were utilized by the Borrower in identifying and/or selecting Receivables to be funded by the related LoansLoans in the Collateral. In addition, each Receivable Loan shall have been underwritten in accordance with and satisfy the standards of any Credit and Collection Policy that has been established by the Credit Policy Originator and is then in effect at the time of the origination of such Receivableeffect.

Selection Procedures. No procedures believed by the Borrower to be adverse to the interests of the Lenders were utilized by the Borrower in identifying and/or selecting Receivables to be funded by the related Loanspledged hereunder. In addition, each Receivable shall have been underwritten in accordance with and satisfy the standards of the Credit Policy in effect at the time of the origination of such Receivableand Collection Policy.

Selection Procedures. No procedures believed by the Borrower to be adverse to the interests of the Lenders were utilized by the Borrower in identifying and/or selecting Receivables to be funded by the related Loans, and no receivables that have been funded with loans under and pursuant to the terms of any Other Warehouse Facilities shall be acquired by the Borrower and funded by Loans hereunder. In addition, each Receivable shall have been underwritten in accordance with and satisfy the standards of the Credit Policy in effect at the time of the origination of such Receivable.

Selection Procedures. No procedures believed by the Borrower that could reasonably be expected to be adverse to the interests of the Lenders were utilized by the Borrower in identifying and/or selecting Receivables to be funded by the related Loans. In addition, each Receivable shall have been underwritten in accordance with and satisfy the standards of the Credit and Collection Policy in effect at the time of the origination of such Receivable.

Selection Procedures. No procedures believed by the Borrower to be adverse to the interests of the Lenders were utilized by the Borrower in identifying and/or selecting Receivables to be funded by sold to the related Loans. In addition, each Receivable shall have been underwritten in accordance with and satisfy the standards of the Credit Policy in effect Borrower from all Receivables which could qualify as Eligible Receivables at the time of the origination of such Receivableidentification and/or selection.

Selection Procedures. No procedures believed by the Borrower to be adverse to the interests of the Lenders Lender were utilized by the Borrower in identifying and/or selecting Receivables to be funded by the related LoansLoans in the Collateral. In addition, each Receivable Loan shall have been underwritten in accordance with and satisfy satisfies the standards of any Credit and Collection Policy that has been established by the Credit Policy Originator and is then in effect at the time of the origination of such Receivableeffect.