Common use of No Bankruptcies Clause in Contracts

No Bankruptcies. No Obligor on any Receivable was noted in the related Receivable File as having filed for bankruptcy in a proceeding which remained undischarged as of the Cutoff Date.

Appears in 20 contracts

Samples: Sale and Servicing Agreement (M&i Dealer Auto Securitization LLC), Sale and Servicing Agreement (Ace Securities Corp), Sale and Servicing Agreement (Ace Securities Corp)

AutoNDA by SimpleDocs

No Bankruptcies. No Obligor on any Receivable was noted in the related Receivable File as having filed for bankruptcy in a proceeding which remained undischarged as of the Initial Cutoff Date.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (M&i Auto Loan Trust 2002-1), Sale and Servicing Agreement (M&i Dealer Auto Securitization LLC)

AutoNDA by SimpleDocs

No Bankruptcies. No Obligor on any Subsequent Receivable was noted in the related Subsequent Receivable File as having filed for bankruptcy in a proceeding which remained undischarged as of the Subsequent Cutoff Date.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (M&i Dealer Auto Securitization LLC), Sale and Servicing Agreement (M&i Auto Loan Trust 2002-1)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!