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 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

  • No Insolvency Proceedings No attachments, execution proceedings, assignments for the benefit of creditors, insolvency, bankruptcy, reorganization or other proceedings are pending, or to the Company’s Knowledge, threatened against the Company or any of the Company Subsidiaries, nor are any such proceedings contemplated by the Company or any of the Company Subsidiaries.

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