Common use of Obligor Bankruptcy Clause in Contracts

Obligor Bankruptcy. To the best of the Seller’s knowledge, as of the Cutoff Date with respect to the Receivables, no Obligor is or has been, since the origination of the related Receivable, the subject of a bankruptcy proceeding.

Appears in 14 contracts

Samples: Form of Receivables Purchase Agreement (BMW Fs Securities LLC), Form of Receivables Purchase Agreement (BMW Fs Securities LLC), Receivables Purchase Agreement (BMW Fs Securities LLC)

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Obligor Bankruptcy. To the best of the Seller’s 's knowledge, as of at the Cutoff Date with respect to the ReceivablesDate, no Obligor is or has been, since the origination of the related Receivable, the subject of a bankruptcy proceeding.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (National City Auto Receivables Trust 2004-A), Receivables Purchase Agreement (Regions Auto Receivables Trust 2003-1), Receivables Purchase Agreement (Regions Auto Receivables Trust 2002-1)

Obligor Bankruptcy. To the best of the Seller’s 's knowledge, as of at the Cutoff Date with respect to the Initial Receivables and at the Subsequent Cutoff Date with respect to the Subsequent Receivables, no Obligor is or has been, since the origination of the related Receivable, the subject of a bankruptcy proceeding.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (National City Bank /), Subsequent Purchase Agreement (BMW Vehicle Owner Trust 2001-A), Subsequent Purchase Agreement (BMW Vehicle Owner Trust 2001-A)

Obligor Bankruptcy. To the best of the Seller’s 's knowledge, as of the Cutoff Date with respect to the Receivables, no Obligor is or has been, since the origination of the related Receivable, the subject of a bankruptcy proceeding.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (BMW Fs Securities LLC), Receivables Purchase Agreement (BMW Vehicle Owner Trust 2004-A)

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Obligor Bankruptcy. To the best of the Seller’s 's knowledge, as of at the Cutoff Date with respect to the Receivables, no Obligor is or has been, since the origination of the related Receivable, the subject of a bankruptcy proceeding.

Appears in 1 contract

Samples: Receivables Purchase Agreement (BMW Vehicle Owner Trust 2002-A)

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