Common use of Assets and Liabilities Clause in Contracts

Assets and Liabilities. (a) Both immediately before and after any contribution and transfer by the Seller to the Issuer of the Leases and the grant of the security interest in the interests of the Seller in the Equipment contemplated by this Assignment and Servicing Agreement, the present fair salable value of the Seller's assets was or will be in excess of the amount that will be required to pay the Seller's probable liabilities as they then exist and as they become absolute and matured; and

Appears in 9 contracts

Samples: Assignment and Servicing Agreement (Ikon Receivables LLC), Assignment and Servicing Agreement (Ikon Receivables LLC), Assignment and Servicing Agreement (Ikon Receivables LLC)

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Assets and Liabilities. (a) Both immediately before and after any contribution transfer of Leases (including the right to receive all payments due or to become due thereunder) and the transfer by the Seller to the Issuer of the Leases and the grant of the security interest in the interests of the Seller in the Equipment contemplated by this Assignment Sales and Servicing Agreement, the present fair salable value of the Seller's assets was or will be in excess of the amount that will be required to pay the Seller's probable liabilities as they then exist and as they become absolute and matured; and

Appears in 5 contracts

Samples: Sales and Servicing Agreement (Copelco Capital Funding Corp Xi), Sales and Servicing Agreement (Copelco Capital Funding Corp X), Sales and Servicing Agreement (Copelco Capital Funding Corp X)

Assets and Liabilities. (a) Both immediately before and after any contribution transfer of Leases (including the right to receive all payments due or to become due thereunder) and the transfer by the Seller to the Issuer of the Leases and the grant of the security interest in the interests of the Seller in the Equipment contemplated by this Assignment Seller Contribution and Servicing Sale Agreement, the present fair salable value of the Seller's assets was or will be in excess of the amount that will be required to pay the Seller's probable liabilities as they then exist and as they become absolute and matured; and

Appears in 1 contract

Samples: Contribution and Sale Agreement (Charter Equipment Lease 1998-1 LLC)

Assets and Liabilities. (ai) Both immediately before and after any the sale and contribution and transfer by the Seller to the Issuer of the Leases and the grant of the security interest in the interests of the Seller in the related Lease Receivables and Equipment contemplated by this Assignment and Servicing Agreement, the present fair salable value of the Seller's assets was or and will be in excess of the amount that was and will be required to pay the Seller's probable liabilities as they then existed or will then exist and as they become absolute and matured; and

Appears in 1 contract

Samples: Sale Agreement (Linc Capital Inc)

Assets and Liabilities. (a) Both immediately before and after any contribution and transfer by the Seller sale of its Receivables (including the right to the Issuer of the Leases and the grant of the security interest in the interests of the Seller in the Equipment receive all Collections due or to become due thereunder) contemplated by this Assignment Sales and Servicing Agreement, the present fair salable value of the such Seller's assets was or will be in excess of the amount that will be required to pay the such Seller's probable liabilities as they then exist and as they become absolute and matured; and

Appears in 1 contract

Samples: Sales and Servicing Agreement (Essex International Inc /)

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Assets and Liabilities. (a) Both immediately before and after any contribution transfer of Leases (including the right to receive all payments due or to become due thereunder) and the transfer by the Seller to the Issuer of the Leases and the grant of the security interest in the interests of the Seller in the Equipment contemplated by this Assignment Seller Contribution and Servicing Sale Agreement, the present fair salable value of the Seller's assets was or will be in excess of the amount that will be required to pay the Seller's probable liabilities as they then exist and as they become absolute and absoluteand matured; and

Appears in 1 contract

Samples: Contribution and Sale Agreement (Charter Equipment Lease 1998-1 LLC)

Assets and Liabilities. (a) Both immediately before and after any contribution of Leases (including the right to receive all payments due or to become due thereunder) and transfer by the Seller to the Issuer contribution of the Leases and the grant of the security interest in the interests of the Seller in the Equipment contemplated by this Assignment and Servicing Agreement, the present fair salable value of the Seller's assets was or will be in excess of the amount that will be required to pay the Seller's probable liabilities as they then exist and as they become absolute and matured; and

Appears in 1 contract

Samples: Assignment and Servicing Agreement (Ikon Receivables LLC)

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