OneMain Financial definition
Examples of OneMain Financial in a sentence
OneMain Financial shall be the initial Servicer in respect of all Loans and each other Seller shall be an initial Subservicer with respect to the Loans sold by such Seller, in each case, pursuant to the terms of the Sale and Servicing Agreement.
Pursuant to Section 10.18 of the Sale and Servicing Agreement, an Affiliate of OneMain Financial, Inc.
Pursuant to Section 9.16 of the Loan Purchase Agreement, an Affiliate of OneMain Financial may be added as a party to the Loan Purchase Agreement as a Seller upon satisfaction of the conditions set forth in the Loan Purchase Agreement, including the delivery to the Indenture Trustee of a fully executed copy of this Agreement.
So long as OneMain Financial remains the Servicer, no Subservicer shall resign from the obligations and duties hereby imposed on it except with the consent of the Servicer.
In the event that OneMain Financial is no longer acting as Servicer, any Successor Servicer shall deliver to OneMain Financial each Monthly Servicer Report, Officer’s Certificate and report required to be provided thereafter pursuant to Section 3.06, 3.07 or 3.08.
This Limited Power of Attorney may be amended, modified, supplemented or restated only by a written instrument executed by OneMain Financial and ▇▇▇▇▇ Fargo.
In the event that (i) Executive is not employed by the Company on the Effective Date, or (ii) Springleaf (or a subsidiary) has not completed the purchase of 100% of the stock of OneMain Financial Holdings, Inc.
Very truly yours, ▇▇▇▇▇ FARGO BANK, N.A., as the Indenture Trustee By: Name: Title: , 20 ▇▇▇▇▇ Fargo Bank, N.A., as Back-up Servicer Sixth Street and Marquette Avenue MAC N9311-161 ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: Corporate Trust Services/Structured Products Services Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ OneMain Financial, Inc., as Servicer ▇▇▇ ▇▇.
The execution and delivery of this Limited Power of Attorney by OneMain Financial shall not be (or be deemed) a waiver or discharge of any representation, warranty, covenant or agreement of OneMain Financial in or under the Back-up Servicing Agreement or the Sale and Servicing Agreement, and such execution and delivery shall not be (or be deemed) a modification or amendment of any provision of the Back-up Servicing Agreement or the Sale and Servicing Agreement in any respect.
KPMG LLP, which has expressed its opinion with respect to the financial statements of OneMain Financial Holdings, LLC (“OMFH”) filed with the Commission and incorporated by reference in the Prospectus, is an independent registered public accounting firm within the meaning of the Securities Act, the Exchange Act and the rules of the Public Company Accounting Oversight Board.