Operation of Transferor. Each of the Transferors shall be operated in such a manner that it should not be substantively consolidated in the trust estate of another Person (that is, such that the separate legal existence of such Transferor and such Person should be disregarded) and in that regard, each Transferor shall:
Appears in 4 contracts
Samples: Receivables Pledge Agreement (Prudential Securities Secured Financing Corp), Receivables Sale Agreement (American Business Financial Services Inc /De/), Receivables Sale Agreement (Prudential Securities Secured Financing Corp)
Operation of Transferor. Each of the Transferors The Transferor shall be operated in such a manner that it should would not be substantively consolidated in the trust estate of another Person (that is, such that the separate legal existence of such the Transferor and such Person should would be disregarded) and in that regard, each the Transferor shall:
Appears in 1 contract
Samples: Receivables Transfer Agreement (Prudential Securities Secured Financing Corp)
