Obligor A definition
Examples of Obligor A in a sentence
Each of the Receivables contains provisions requiring the Obligor (A) to assume all risk of loss or malfunction of the related Financed Vehicle, (B) to maintain liability and collision insurance with respect thereto, (C) to pay all sales, use, property, excise and other similar taxes imposed on or with respect to the related Financed Vehicle and (D) to be liable for all payments required to be made thereunder, without any setoff, counterclaim or defense for any reason whatsoever.
Except as set forth on Schedule 6.01(w)(6) to the Securities Purchase Agreement, no Obligor has since December 31, 2006 received any written notice from any person claiming that such operation of the business, or any act, product, or service of any Obligor (A) infringes or misappropriates the Intellectual Property of any person, (B) violates the Intellectual Property rights of any person, or (C) constitutes unfair competition or unfair trade practices under any law.
A Purchase Notice shall specify for each Obligor (A) the aggregate amount of the Listed Receivables, (B) the Purchase Date (which must be a Business Day), (C) the related Due Date, and (D) the proposed amount of the Purchasers' Investment.
Except as set forth on Schedule 6.01(w)(6), no Obligor has since December 31, 2004 received any written notice from any person claiming that such operation of the business, or any act, product, or service of any Obligor (A) infringes or misappropriates the Intellectual Property of any person, (B) violates the Intellectual Property rights of any person, or (C) constitutes unfair competition or unfair trade practices under any law.
Except as set forth on Schedule 6.01(w)(6), no Obligor has since December 31, 2005 received any written notice from any person claiming that such operation of the business, or any act, product, or service of any Obligor (A) infringes or misappropriates the Intellectual Property of any person, (B) violates the Intellectual Property rights of any person, or (C) constitutes unfair competition or unfair trade practices under any law.
Except as set forth on Schedule 6.01(w)(6), no Obligor has since December 31, 2006 received any written notice from any person claiming that such operation of the business, or any act, product, or service of any Obligor (A) infringes or misappropriates the Intellectual Property of any person, (B) violates the Intellectual Property rights of any person, or (C) constitutes unfair competition or unfair trade practices under any law.
Obligor: A Person obligated to make payments with respect to a Receivable, including any guarantor thereof.
Each Obligor (other than Manufacturers Life Insurance Company, Great-West Life & Annuity Insurance Company and Sun Life Assurance Company of Canada) is incorporated or organized under the laws of a State of the United States of America and, as of the Cutoff Date, no Obligor (A) is the subject of any federal, state or other bankruptcy, insolvency or similar proceeding or (B) is the subject of a judgment in its favor.
A Purchase Notice shall specify for each Obligor (A) the aggregate amount of the Listed Receivables, (B) the Purchase Date (which must be a Business Day), (C) the related Due Date, and (D) the proposed amount of the Purchasers’ Investment.
Each Obligor, and to each Obligor’s Knowledge, each Person owning an interest in any Obligor or any direct or indirect equityholder in any Obligor: (A) is not currently identified on the OFAC List and (B) is not a Person with whom a citizen of the United States is prohibited to engage in transactions by any trade embargo, economic sanction, or other prohibition of any Legal Requirement.