Common use of Business and Indebtedness of Seller Clause in Contracts

Business and Indebtedness of Seller. The Seller has no Indebtedness for Borrowed Money except as permitted under this Agreement. The Seller has not engaged in any business other than the Purchase of Cartus Receivables and other Cartus Purchased Assets under the Purchase Agreement, the sale of ARSC Purchased Assets under this Agreement and the purchase and sale of CFC Homes and creation of CFC Receivables pursuant to related Equity Payments, Mortgage Payments and Mortgage Payoffs, and incidental activities related thereto.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Domus Holdings Corp), Purchase Agreement (Realogy Corp), Purchase Agreement (NRT Settlement Services of Missouri LLC)

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Business and Indebtedness of Seller. The Seller has no Indebtedness for Borrowed Money except as permitted under this Agreement. The Seller has not engaged in any business other than the Purchase of Cartus CMSC Receivables and other Cartus CMSC Purchased Assets under the Purchase Agreement, the sale of ARSC Purchased Assets under this Agreement and the purchase and sale of CFC CMF Homes and creation of CFC CMF Receivables pursuant to related Equity Payments, Mortgage Payments and Mortgage Payoffs, and incidental activities related thereto.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Cendant Corp), Receivables Purchase Agreement (PHH Corp)

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Business and Indebtedness of Seller. The Seller has no Indebtedness for Borrowed Money except as permitted under this Agreement. The Seller has not engaged in any business other than the Purchase of Cartus Receivables and other Cartus Purchased Assets under the CRC Purchase Agreement, the sale of ARSC KF Purchased Assets under this Agreement and the purchase and sale of CFC CRC Homes and creation of CFC CRC Receivables pursuant to related Equity Payments, Mortgage Payments and Mortgage Payoffs, and incidental activities related thereto.

Appears in 1 contract

Samples: Receivables Purchase Agreement (NRT Settlement Services of Missouri LLC)

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