Common use of Assets and Liabilities Clause in Contracts

Assets and Liabilities. (a) Both immediately before and after any transfer and contribution by the Originator to the Seller of Leases and Equipment contemplated by this Assignment and Servicing Agreement, the present fair salable value of the Originator's assets was or will be in excess of the amount that will be required to pay the Originator's probable liabilities as they then exist and as they become absolute and matured; and

Assets and Liabilities. (a) Both immediately before and after any transfer and contribution by the Originator to the Seller of Leases (including the right to receive all payments due or to become due thereunder) and the transfer and contribution of the interests in the Equipment contemplated by this Assignment and Servicing Agreement, the present fair salable value of the Originator's assets was or will be in excess of the amount that will be required to pay the Originator's probable liabilities as they then exist and as they become absolute and matured; and