Adverse selection definition

Adverse selection means that the costs of covering Medicare eligible annuitants in a particular basic plan results in higher premiums for all members of that plan.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Adverse selection. The Seller used no adverse selection procedures in selecting the Mortgage Loan from among the outstanding first-lien or second-lien, residential mortgage loans owned by it which were available for inclusion in the Mortgage Loans.

Adverse selection means that women are not hired for certain jobs, despite their qualifications. In many places, women are often considered “secondary” wage earners and employers do not always recognize women’s role in supporting their families economically. Women often earn lower wages than men for the same or similar types of jobs, and are usually the last workers hired and the first fired.

Examples of Adverse selection in a sentence

• The Servicer, the Seller and the Depositor will not use any Adverse Selection Procedure in selecting Contracts to be transferred to the Indenture Trustee from the outstanding contracts that qualify under the Sale and Allocation Agreement for inclusion in the Trust.

• No Adverse Selection...........................................................................

• The Transferor and the Seller will not use any Adverse Selection Procedure in selecting the Receivables that qualify under the Security Agreement for inclusion as Collateral.

• Section 4.1. Organization; Requisite Power and Authority; Qualification; Other Names 6572 Section 4.2. Due Authorization 6672 Section 4.3. No Conflict 6672 Section 4.4. Governmental Consents 6672 Section 4.5. Binding Obligation 6673 Section 4.6. Receivables 6673 Section 4.7. No Adverse Selection 6673 Section 4.8. No Material Adverse Effect; No Tier 2 Collateral Performance Trigger 6773 Section 4.9. No Change of Control 6773 Section 4.10.

• The Company and the Transferor will not use any Adverse Selection Procedure in selecting the Lease Contracts to be pledged to the Trustee from the outstanding Lease Contracts that qualify under the Trust and Security Agreement for inclusion in the Trust Property.

• REPRESENTATIONS AND WARRANTIES 62 4.1. Organization; Requisite Power and Authority; Qualification; Other Names 62 4.2. Due Authorization 63 4.3. No Conflict 63 4.4. Governmental Consents 63 4.5. Binding Obligation 63 4.6. Receivables 63 4.7. No Adverse Selection 64 4.8. No Material Adverse Effect 64 4.9. No Change of Control 64 4.10.

• Fiscal Year; Dissolution; Use of Proceeds; Insurance Policies; Disposition of Collateral; Trade Names 73 7.7 Transfer of Collateral; Amendment of Receivables 73 7.8 Contingent Obligations and Risks 74 7.9 [Reserved] 74 7.10 Modifications of Agreements 74 7.11 Anti-Terrorism; OFAC 74 7.12 Accounts and Payment Instructions 74 7.13 Servicing Agreement 75 7.14 No Adverse Selection 75 VIII.

• It should be noted that the loan facility would be required to comply with the Adverse Selection principle - all assets must be insured for terrorism cover, subject to the Permitted Departures.

• Pursuant to Article 11.9(b) of the Reinsurance Agreement, where a Member becomes aware that an Original Insured has not complied with the Adverse Selection principle and has no intention of doing so, the Member must ensure that terrorism cover is discontinued as soon as practicable.

• SECTION 6.26 Breaking ▇▇▇▇ 2 Liquidity; Co-Financing Liquidity 100 SECTION 6.27 Fixed Charge Coverage Ratio 101 SECTION 6.28 No Adverse Selection 101 SECTION 6.29 No Election to be Treated as a Corporation 101 SECTION 6.30 Overhead Covenant 101 SECTION 6.31 Negative Covenants with respect to Excluded Subsidiaries and Co-Financing Joint Venture Entities 101 7.

More Definitions of Adverse selection

Adverse selection. No selection procedures were used by the Company that identified the Mortgage Loans as being less desirable or valuable than other comparable mortgage loans in the Company's portfolio;