Eligible Contract Section 137c

Example Definitions of "Eligible Contract Section 137c"
Eligible Contract Section 137c. (c) in the case of a refinancing, is evidenced by a Note and Security Agreement and a PowerCheck® endorsed by the prior lender/lienholder acknowledging the release of its lien on the related Vehicle, and, with respect to a lease-buy-out, is evidenced by a Note and Security Agreement and a PowerCheck® endorsed by the lessor acknowledging that it has provided the Obligor with good and marketable title to the related Vehicle, and, in each case, is originated in conformity with the PowerCheck®... instructions, Eligibility Criteria, guidelines for completing the the PowerCheck® and other terms and conditions described in the PowerCheck® applicable to such transaction. View More Arrow
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