Ability to Pay Debts. Neither as a result of the transaction contemplated by this Assignment and Servicing Agreement nor otherwise does the Transferor believe that it will incur debts beyond its ability to pay or which would be prohibited by its charter documents or by-laws. The Transferor's assets and cash flow enable it to meet its present obligations in the ordinary course of business as they become due.
Appears in 4 contracts
Samples: Assignment and Servicing Agreement (Copelco Capital Receivables LLC), Assignment and Servicing Agreement (Copelco Capital Funding LLC 99-B), Assignment and Servicing Agreement (Copelco Capital Funding LLC 99-1)
Ability to Pay Debts. Neither as a result of the transaction contemplated by this Assignment Transferor Contribution and Servicing Sale Agreement nor otherwise does the Transferor believe that it will incur debts beyond its ability to pay or which would be prohibited by its charter documents or by-laws. The Transferor's assets and cash flow enable it to meet its present obligations in the ordinary course of business as they become due.
Appears in 2 contracts
Samples: Transferor Contribution and Sale Agreement (Charter Equipment Lease 1998-1 LLC), Transferor Contribution and Sale Agreement (Charter Equipment Lease 1998-1 LLC)
