No Bankrupt Obligors Sample Clauses

No Bankrupt Obligors. As of the Cutoff Date, no Receivable was due from an Obligor that was the subject of a proceeding under the Bankruptcy Code of the United States or was bankrupt.
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No Bankrupt Obligors. None of the Receivables shall be due, to the best knowledge of the Seller, from any Obligor who is presently the subject of a bankruptcy proceeding or is bankrupt or is insolvent.
No Bankrupt Obligors. To the best of the Seller's knowledge, no Obligor was, as of the Cutoff Date, the subject of a Proceeding under title 11 of the United States Code or any other bankruptcy or insolvency law.
No Bankrupt Obligors. As of the Cutoff Date, no Receivable was due from an Obligor that was the subject of a proceeding under the Bankruptcy Code of the United States or was bankrupt. 1: Confirm the receivable file does not contain evidence that the Receivable was the subject of any bankruptcy proceeding or insolvency proceeding as of the Cutoff Date RPA 3.4(p) Origination. Each Receivable was originated after June 17, 2018. 1: Confirm the Contract was originated after the oldest allowable contract date.
No Bankrupt Obligors. According to the records of the RPA Seller as of the Cutoff Date, the Obligor was not the subject of a bankruptcy proceeding.
No Bankrupt Obligors. None of the Loans is due from any Obligor who is the subject of a bankruptcy, repossession, insolvency or reorganization proceeding or is bankrupt or is insolvent.
No Bankrupt Obligors. None of the Receivables shall be due from any Obligor who, as of the related Cutoff Date, was the subject of a proceeding under the Bankruptcy Code of the United States or was bankrupt. (xx) New and Used Vehicles. Approximately [ ]% of the Pool Balance of the Initial Receivables, constituting approximately [ ]% of the total number of the Initial Receivables, as of the Initial Cutoff Date, relate to new automobiles and light- or medium- duty trucks financed at new vehicle rates. Approximately [ ]% of the Pool Balance of the Initial Receivables, constituting approximately [ ]% of the total number of Initial Receivables, as of the Initial Cutoff Date, relate to used automobiles and light- or medium-duty trucks. Approximately [ ]% of the Pool Balance of the Initial Receivables, constituting approximately [ ]% of the total number of the Initial Receivables, as of the Initial Cutoff Date, relate to program automobiles and light-duty trucks manufactured in the current and immediately preceding model years which are financed at new vehicle rates. Approximately [ ]% of the Pool Balance of the Initial Receivables, constituting approximately [ ]% of the total number of Initial Receivables as of the Initial Cutoff Date, relate to refinanced program automobiles and light- or medium- duty trucks manufactured in prior model years which are financed at the original rates set forth in the related Contracts or at used vehicle rates. (xxi)
No Bankrupt Obligors. None of the Receivables shall be due from any Obligor who, as of the Cutoff Date, was the subject of a proceeding under the Bankruptcy Code of the United States or was bankrupt. (xx) New and Used Vehicles. Approximately 93.29% of the Pool Balance of the Receivables, constituting approximately 88.51% of the total number of the Receivables, as of the Cutoff Date, relate to new automobiles and light- or medium-duty trucks financed at new vehicle rates. Approximately 6.71% of the Pool Balance of the Receivables, constituting approximately 11.49% of the total number of Receivables, as of the Cutoff Date, relate to used automobiles and light- or medium-duty trucks. Of the new and used vehicles, approximately 2.26% of the Pool Balance of the Receivables, constituting approximately 3.16% of the total number of the Receivables, as of the Cutoff Date, relate to program automobiles and light-duty trucks manufactured in the current and immediately preceding model years which are financed at new vehicle rates. Of the used vehicles, approximately 3.38% of the Pool Balance of the Receivables, constituting approximately 6.75% of the total number of Receivables as of the Cutoff Date, relate to refinanced program automobiles and light- or medium-duty trucks manufactured in prior model years which are financed at the original rates set forth in the related Contracts or at used vehicle rates. (xxi)
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