Common use of Insolvency of Company Clause in Contracts

Insolvency of Company. Upon any sale of the assets of the Trust pursuant to Section 9.02 of the Trust Agreement, the Seller shall cooperate with and assist the Administrator consistent with the provisions of the Administration Agreement with respect to Company insolvency.

Appears in 1 contract

Sources: Loan Sale Agreement (Signet Student Loan Trusts)

Insolvency of Company. Upon any sale of the assets of the Trust pursuant to Section 9.02 of the Trust Agreement, the Seller shall cooperate with and assist the Administrator consistent with the provisions of the Administration Agreement with respect to a Company insolvency.

Appears in 1 contract

Sources: Loan Sale Agreement (Usa Group Secondary Market Services Inc)

Insolvency of Company. Upon any sale of the assets of the Trust --------------------- pursuant to Section 9.02 of the Trust Agreement, the Seller shall cooperate with and assist the Administrator consistent with the provisions of the Administration Agreement with respect to Company insolvency.

Appears in 1 contract

Sources: Loan Sale Agreement (Signet Bank Maryland)