Substantive Consolidation. Buyer will be operated in such a manner so that it would not be substantively consolidated with the Seller, so that the separate existences of Buyer and Seller would not be disregarded in the event of a bankruptcy or insolvency of Seller, and in such regard, among other things:
Appears in 4 contracts
Samples: Purchase and Sale Agreement (Trinity Industries Inc), Purchase and Sale Agreement (Trinity Industries Inc), Purchase and Sale Agreement (Trinity Industries Inc)
Substantive Consolidation. Buyer The Seller will be operated in such a manner so that it would not be substantively consolidated with the SellerIssuer or any Owner Trust, so that the separate existences existence of Buyer the Seller, on the one hand, and Seller the Issuer and each Owner Trust, on the other hand, would not be disregarded in the event of a bankruptcy or insolvency of Sellerthe Seller or the Issuer or any Owner Trust, and in such regard, among other things:
Appears in 2 contracts
Samples: Contribution and Sale Agreement (Willis Lease Finance Corp), Contribution and Sale Agreement (Willis Lease Finance Corp)
