Loans in Force. Such Loan has not, as of the Cut-off Date, been satisfied, subordinated or rescinded, nor has the related Equipment been released from the Lien granted to secure such Loan in whole or in part.
Appears in 2 contracts
Samples: Loan Purchase and Sale Agreement (GE Equipment Transportation LLC, Series 2012-2), Loan Purchase and Sale Agreement (GE Equipment Transportation LLC, Series 2012-2)
Loans in Force. Such Loan has not, as of the Cut-off Date, has been satisfied, subordinated or rescinded, nor has the related Equipment been released from the Lien granted to secure such Loan in whole or in part.
Appears in 2 contracts
Samples: Loan Sale Agreement (GE Equipment Transportation LLC, Series 2012-2), Loan Sale Agreement (GE Equipment Transportation LLC, Series 2012-2)
