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Common use of Solvent Clause in Contracts

Solvent. The Depositor is Solvent as of the Acquisition Date and before giving effect to such transfer and assignment.

Appears in 9 contracts

Sources: Additional Transferor Receivables Transfer Agreement (Verizon Master Trust), Master Collateral Agency and Intercreditor Agreement (Verizon Master Trust), Master Collateral Agency and Intercreditor Agreement (Verizon Master Trust)

Parent Clauses

  • Representations and Warranties
  • Financial Condition
  • AFFIRMATIVE COVENANTS
  • Conditions for Transfers of Receivables
  • DEFINITIONS

Sub-Clauses

  • Compliance with Laws
  • Maintenance of Insurance
  • Notices
  • Maintenance of Properties
  • Amendments, Etc
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