Creation of Indebtedness. Without the prior written consent of Financial Security, the Trust shall not create, incur, assume or suffer to exist any indebtedness other than indebtedness guaranteed or approved in writing by Financial Security, except as contemplated in the Transaction Agreements.
Appears in 18 contracts
Samples: Insurance, Indemnity and Pledge Agreement (WFS Financial Auto Loans Inc), Insurance, Indemnity and Pledge Agreement (WFS Financial Auto Loans Inc), Insurance, Indemnity and Pledge Agreement (WFS Receivables Corp)
Creation of Indebtedness. Without the prior written consent of Financial Security, the Trust Company shall not create, incur, assume or suffer to exist any indebtedness other than indebtedness guaranteed or approved in writing by Financial Security, except as contemplated in the Transaction Agreements.
Appears in 11 contracts
Samples: Insurance, Indemnity and Pledge Agreement (WFS Financial 1997-C Owner Trust), Insurance, Indemnity and Pledge Agreement (WFS Financial 1996-D Owner Trust), Insurance, Indemnity and Pledge Agreement (WFS Financial 1997-D Owner Trust)
Creation of Indebtedness. Without the prior written consent of Financial Security, the Trust Fund shall not create, incur, assume or suffer to exist any indebtedness Indebtedness other than indebtedness guaranteed or approved in writing by Financial Security, except as contemplated in the Transaction AgreementsPermitted Indebtedness.
Appears in 2 contracts
Samples: Insurance Agreement (Prospect Street High Income Portfolio Inc), Broker Dealer Agreement (Prospect Street High Income Portfolio Inc)
