Confirmation from Transferor Clause Samples
The 'Confirmation from Transferor' clause requires the party transferring rights or assets (the transferor) to formally affirm certain facts or conditions related to the transfer. Typically, this involves the transferor confirming their authority to transfer, the absence of undisclosed encumbrances, or the accuracy of information provided about the asset. By obtaining such confirmation, the clause helps protect the transferee from potential disputes or hidden liabilities, ensuring transparency and reducing the risk of future claims.
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Confirmation from Transferor. The Borrower has received in writing from the Transferor confirmation that the Transferor will not cause the Borrower to file a voluntary bankruptcy petition under the Bankruptcy Code.
Confirmation from Transferor. The Borrower has received a letter in writing (which letters have been provided to the Administrative Agent for the benefit of the Secured Parties, who are intended third party beneficiaries thereunder) from the Transferor and Solar Management stating that such Persons will not suffer or permit the Borrower to file a voluntary bankruptcy petition under the Bankruptcy Code.
Confirmation from Transferor. The Borrower has not received in writing from the Transferor an indication that the Transferor will cause the Borrower to file a voluntary bankruptcy petition under the BankruptcyCode. (jj) [Reserved]. (kk)