No Insolvent Obligors Sample Clauses

No Insolvent Obligors. As of the Cut-off Date, no Obligor on a Receivable is shown on the Receivable Files as the subject of a bankruptcy proceeding.
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No Insolvent Obligors. As of the Cutoff Date no Obligor is shown in the Servicer’s Records (including, without limitation the Receivable Files) as the subject of a bankruptcy proceeding.
No Insolvent Obligors. As of the related Cutoff Date, no Obligor on a Receivable shall be shown on the Receivable Files as the subject of a bankruptcy proceeding.
No Insolvent Obligors. As of the Initial Cutoff Date, no Obligor on an Initial Receivable, and as of each Subsequent Cutoff Date, no Obligor on a Subsequent Receivable being transferred on the related Subsequent Transfer Date, shall be shown on the related Receivable Files as the subject of a bankruptcy proceeding commenced following the execution of the related Contract.
No Insolvent Obligors. No Obligor on a Receivable is shown on any related Record as the subject of a Bankruptcy Event.

Related to No Insolvent Obligors

  • Involuntary Bankruptcy or Insolvency Proceedings Proceedings for the appointment of a receiver, trustee, liquidator or custodian of the Company or of all or a substantial part of the property thereof, or an involuntary case or other proceedings seeking liquidation, reorganization or other relief with respect to the Company or the debts thereof under any bankruptcy, insolvency or other similar law or hereafter in effect shall be commenced and an order for relief entered or such proceeding shall not be dismissed or discharged within thirty (30) days of commencement.

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