Enova definition
Examples of Enova in a sentence
Any dispute or claim for benefits by any person under this Agreement shall be determined by the Committee in accordance with the claims procedures under the Enova International, Inc.
If requested by Administrative Agent or any Lender, appropriate management personnel of the Borrower and Enova shall be available in person or via teleconference during normal business hours (and in such as fashion so as not to unduly and materially disturb the business of Originator) as may be requested by Administrative Agent for a quarterly review meeting regarding the operations of the Seller, the Servicer, the Originators and the Borrower and the status and performance of the Collateral.
Borrower shall cause, as at the end of each calendar quarter, Liquidity of Enova to not be less than $40,000,000.
Borrower shall cause, as at the end of each calendar quarter, the Tangible Net Worth of Enova, together with its Subsidiaries on a consolidated basis, to not be less than $500,000,000.
Borrower shall cause, as at the end of each calendar quarter, the Leverage Ratio for Enova not to exceed 3.00 to 1.00.
Neither Borrower, Seller, Enova, nor to Borrower’s knowledge, each Originator or Servicer (in the case of Originators and Servicer, solely with respect to the Receivables or the sale, purchase or origination thereof, as applicable) have received any notice that Borrower, Seller, Servicer or any Originator is not in material compliance in any respect with any of the requirements of any of the foregoing.