Common use of No Insolvency Clause in Contracts

No Insolvency. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby were not made in contemplation of the insolvency of the Seller or after the commission of any act of insolvency by the Seller.

Appears in 9 contracts

Samples: Pooling and Servicing Agreement (Chevy Chase Bank FSB), Loan Purchase Agreement (Chevy Chase Bank FSB), Pooling and Servicing Agreement (Chevy Chase Bank FSB)

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No Insolvency. The execution and delivery of ------------- this Agreement and the consummation of the transactions contemplated hereby were not made in contemplation of the insolvency of the Seller or after the commission of any act of insolvency by the Seller.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Chevy Chase Bank FSB), Sale and Servicing Agreement (Chevy Chase Bank FSB)

No Insolvency. The execution and delivery of this ------------- Agreement and the consummation of the transactions contemplated hereby were not made in contemplation of the insolvency of the Seller or after the commission of any act of insolvency by the Seller.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Chevy Chase Bank FSB), Sale and Servicing Agreement (Chevy Chase Bank FSB)

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No Insolvency. The execution and delivery of this Agreement and ------------- the consummation of the transactions contemplated hereby were not made in contemplation of the insolvency of the Seller or after the commission of any act of insolvency by the Seller.

Appears in 1 contract

Samples: Purchase Agreement (Chevy Chase Bank FSB)

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