Common use of Solvency Clause in Contracts

Solvency. The Seller is not insolvent, nor will the Seller be made insolvent by the transfer of the Receivables, nor does the Seller anticipate any pending insolvency.

Appears in 383 contracts

Samples: Sale and Servicing (GM Financial Consumer Automobile Receivables Trust 2024-2), Purchase Agreement (GM Financial Consumer Automobile Receivables Trust 2024-2), Purchase Agreement (GM Financial Consumer Automobile Receivables Trust 2024-2)

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Solvency. The Seller is not insolvent, nor will the Seller be made insolvent by the transfer of the Receivables, nor does the Seller anticipate contemplate any pending insolvency.

Appears in 108 contracts

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2011-A), Sale and Servicing Agreement (Hyundai Abs Funding Corp), Sale and Servicing Agreement (Hyundai Abs Funding Corp)

Solvency. The Seller is not insolvent, nor will the Seller be made insolvent by the transfer of the EFLLC Receivables, nor does the Seller anticipate any pending insolvency.

Appears in 34 contracts

Samples: Purchase Agreement (Efcar, LLC), Purchase Agreement (Exeter Automobile Receivables Trust 2024-2), Purchase Agreement (Exeter Automobile Receivables Trust 2022-2)

Solvency. The Seller is not insolvent, nor will the Seller be made insolvent by the transfer of the ReceivablesTrust Property, nor does the Seller anticipate any pending insolvency.

Appears in 19 contracts

Samples: Receivables Purchase Agreement (USAA Auto Owner Trust 2008-1), Receivables Purchase Agreement (USAA Auto Owner Trust 2007-2), Receivables Purchase Agreement (USAA Auto Owner Trust 2007-1)

Solvency. The Seller is not insolvent, nor will the Seller be made insolvent by the transfer of the EFIT Receivables, nor does the Seller anticipate any pending insolvency.

Appears in 8 contracts

Samples: Sale Agreement (Exeter Automobile Receivables Trust 2021-2), Sale Agreement (Exeter Automobile Receivables Trust 2021-3), Sale Agreement (Exeter Automobile Receivables Trust 2021-1)

Solvency. The Seller is not insolvent, nor will the Seller be made insolvent by the transfer of the ReceivablesPurchased Property, nor does the Seller anticipate any pending insolvency.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Merrill Auto Trust Securitization 2008-1), Receivables Purchase Agreement (Usaa Acceptance LLC), Receivables Purchase Agreement (Ml Asset Backed Corp)

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Solvency. The Seller is not insolvent, nor will the Seller be made insolvent by the transfer of the ReceivablesReceivables Property, nor does the Seller anticipate any pending insolvency.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Bear Stearns Asset Backed Funding Inc), Receivables Purchase Agreement (Bear Stearns Asset Backed Funding Ii Inc)

Solvency. The Seller is not insolvent, nor will the Seller be made insolvent by the transfer of the [Seller] Receivables, nor does the Seller anticipate any pending insolvency.

Appears in 2 contracts

Samples: Sale Agreement (Efcar, LLC), Sale Agreement (Efcar, LLC)

Solvency. The Seller is not insolvent, nor will the Seller be made insolvent by the transfer of the ReceivablesContracts, nor does the Seller anticipate contemplate any pending insolvency.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Sun Communities Operating Limited Partnership)

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